Group Shares definition
Examples of Group Shares in a sentence
An EQT Member that shall have all of such EQT Member’s EQT AB Group Shares redeemed by the Company shall cease to be an EQT Member and shall no longer have any of the rights or privileges of an EQT Member.
Notwithstanding anything in this Agreement but subject to the Act and any applicable limitations set forth in the Share Repurchase Plan or the Repurchase Arrangement, the Company is hereby authorized to redeem all or any portion of the EQT AB Group Shares upon such terms and conditions as the Company and the applicable EQT Member may agree from time to time without the consent of any other Person.
Subject to the terms of any Class Designation, any other Class of EQT AB Group Shares established pursuant to this Agreement after the date hereof will not be subject to the Management Fee or the Performance Allocation.
The record and beneficial owners of the all notes, debentures and other evidences of Indebtedness issued by any member of the Everest Group (whether or not convertible into Everest Group Shares (the “Note Holders”) and the principal amount of all notes, debentures and other evidences of Indebtedness owed to each such Note Holder is set forth on Exhibit A-4 annexed hereto and made a part hereof.
The restrictions set forth in Section 3.1 shall terminate three years following such time as the Shareholder Group Shares represent less than 5% of the then outstanding shares of Common Stock.