Grandfathered Persons definition

Grandfathered Persons means:
Sample 1Sample 2Sample 3
Grandfathered Persons means Xxxxxxx Purina Company and its Affiliates; provided, however, that Xxxxxxx Purina Company and its Affiliates shall cease to be Grandfathered Persons at such earlier time as (i) Xxxxxxx Purina Company and its Affiliates own less than 15% of the Common Shares, pursuant to the divestiture provisions of Section 10.6 of that certain Shareholder Agreement by and among the Company, Xxxxxxx Purina Company and VCS Holding Company dated July 22, 1995 or otherwise, or (ii) Xxxxxxx Purina Company or its Affiliates shall acquire beneficial ownership of additional Common Shares (other than Common Shares issuable upon the exercise of Rights) after the Record Date.
Sample 1Sample 2
Grandfathered Persons include: (a) any descendant of Godfxxx X. Xxxxx (xxe deceased founder of the Corporation), or any spouse, widow or widower of any such descendant (any such descendants, spouses, widows and widowers collectively defined as the "Cabot Family Members");
Sample 1

Examples of Grandfathered Persons in a sentence

  • Shareholders of the Corporation who are the Beneficial Owner of 20% or more of the outstanding Common Shares of the Corporation at the Record Time are Grandfathered Persons.

  • Grandfathered Persons are also excluded from the definition of “Acquiring Person”.

  • The Rights Plan provides that a person (a “Grandfathered Person”) who is the Beneficial Owner of 20% or more of the outstanding shares determined as at the Record Time shall not be an Acquiring Person unless, after the Record Time, that person becomes the Beneficial Owner of any additional shares (to the knowledge of the Board, there are no Grandfathered Persons).

  • As of the date of this Information Circular, there are no such Grandfathered Persons.

  • Ensure any additional information needed to reconstitute is included in and protected with the essential records.

  • From 2000 to 2007, Kazakhstan's annual economic growth rates surpassed 9% per year.Over the period 1998–2004, the population living below the poverty line in Kazakhstan declined significantly from 39 percent in 1998, to about 20 percent in 2004 (Statistical Agency of Kazakhstan 2004).

  • To the Corporation’s knowledge, there are no Grandfathered Persons.

  • Notwithstanding anything contained in this Agreement to the contrary, no amendment to Section 1(t), and no other supplement or amendment to this Agreement that specifically relates to one or more Grandfathered Persons, may be effected without the approval of a majority of the members of the Special Independent Committee.

  • About Xperi Inc.Xperi invents, develops, and delivers technologies that enable extraordinary experiences.

  • As of the date of the information circular of the REIT to which this Schedule C is attached, there are no such Grandfathered Persons.

Related to Grandfathered Persons

  • Grandfathered Person means any Person who or which, together with all Affiliates and Associates of such Person, is, as of the Grandfathered Time, the Beneficial Owner of 15% or more of the shares of Common Stock of the Company then outstanding. Notwithstanding anything to the contrary provided in this Agreement, any Grandfathered Person who after the Grandfathered Time becomes the Beneficial Owner of less than 15% of the shares of Common Stock of the Company then outstanding shall cease to be a Grandfathered Person and shall be subject to all of the provisions of this Agreement in the same manner as any Person who is not and was not a Grandfathered Person.

  • Grandfathered Percentage means, with respect to any Grandfathered Person, the percentage of the outstanding shares of Common Stock of the Company that such Grandfathered Person, together with all Affiliates and Associates of such Grandfathered Person, Beneficially Owns as of the Grandfathered Time, plus an additional 1/2%; provided, however, that, in the event any Grandfathered Person shall sell, transfer, or otherwise dispose of any outstanding shares of Common Stock of the Company after the Grandfathered Time, the Grandfathered Percentage shall, subsequent to such sale, transfer or disposition, mean, with respect to such Grandfathered Person, the lesser of (i) the Grandfathered Percentage as in effect immediately prior to such sale, transfer or disposition or (ii) the percentage of outstanding shares of Common Stock of the Company that such Grandfathered Person Beneficially Owns immediately following such sale, transfer or disposition, plus an additional 1/2%.

  • Grandfathered Amounts means, if applicable, the amounts that were deferred under the Plan and were earned and vested within the meaning of Section 409A of the Code and regulations thereunder as of December 31, 2004. Grandfathered Amounts shall be subject to the terms designated in the Adoption Agreement.

  • Grandfathered Service means service which is no longer available for new customers and is limited to the current customer at their current locations with certain provisioning limitations, including but not limited to upgrade denials, feature adds/changes and responsible/billing party.

  • Grandfathered Stockholder has the meaning set forth in Section 1.1.

  • Covered Persons has the meaning set forth in Section 20(a).

  • disabled person means any person who has a physical or mental impairment that substantially limits one or more major life activities; has a record of such impairment; or is regarded as having such an impairment.

  • Elective Deferrals are all Salary Reduction Contributions and that portion of any Cash or Deferred Contribution which the Employer contributes to the Trust at the election of an Eligible Employee. Any portion of a Cash or Deferred Contribution contributed to the Trust because of the Employee's failure to make a cash election is an elective deferral. However, any portion of a Cash or Deferred Contribution over which the Employee does not have a cash election is not an elective deferral. Elective deferrals do not include amounts which have become currently available to the Employee prior to the election nor amounts designated as nondeductible contributions at the time of deferral or contribution.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Covered Employer means the City of Cambridge or a Beneficiary of Assistance.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Non-Highly Compensated Participant means any Participant who is neither a Highly Compensated Employee nor a Family Member.

  • Covered Employees has the meaning set forth in Section 5.11(a).

  • interested persons and "Assignment" shall have their respective meanings as set forth in the 1940 Act, subject, however, to such exemptions as may be granted by the Commission under the 1940 Act or any interpretations of the Commission staff.

  • Non-Employee Directors means that term as defined in Rule 16b-3 under the 1934 Act.

  • Non-Highly Compensated Employee means an Employee who is not a Highly Compensated Employee.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • 415 Compensation means:

  • Non-Key Employee means any Employee who is not a Key Employee.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • Eligible Employees means each employee of the Company or an Affiliate.

  • Participating employee means an employee whose election to participate in a Plan has been approved by the employer.

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.