Examples of High Vote Shares in a sentence
In no event will Eligible Shares include any TCI High Vote Shares the Beneficial Ownership of which is acquired after the date the Tag-Along Notice is given or which cease to be Beneficially Owned by a member of the Xxxxxxx Group at any time prior to the sale and purchase of such TCI High Vote Shares pursuant to this Section 4.1.
Pending such designation, each party to this Agreement shall be entitled to treat as the Xxxxxxx Group Representative the member of the Xxxxxxx Group who holds of record the greatest number of TCI High Vote Shares.
In addition, unless JCM and the Xxxxxxx Group Representative otherwise agree in writing, if any such party subsequently acquires Beneficial Ownership of any High Vote Shares of any Company, such party shall be required to simultaneously once again become a party to this Agreement and a member of his original Group.
Contractor agrees funds provided through this Contract shall not be used for matching purposes in securing other funding unless directed or approved by the Department in writing.
If any such Other Stockholder elects the option described in clause (ii) of the immediately preceding sentence, the purchase price payable for any High Vote Shares issuable upon exercise of any unexercised Rights held by such Other Stockholder shall be reduced by the amount of cash or the fair market value of any other consideration that would be payable by a holder thereof upon exercise.
Neither the CEO nor the CEO Trust shall make an election pursuant to Section 83(b) of the Code with respect to the CEO High Vote Shares.
Parent and Hims each agree to treat and report for applicable income tax purposes the Share Exchange with respect to the CEO High Vote Shares as a “reorganization” within the meaning of Section 368(a)(1)(E) of the Code (and corresponding provisions of applicable state and local Law).
In addition, although this Section 2.1 is intended (subject to its express terms and conditions) to bind JCM to vote High Vote Shares Beneficially Owned by him if, as and when required by this 3 Agreement, the parties recognize and agree that nothing contained in this Agreement constitutes a guarantee or other assurance that any nominee of the Xxxxxxx Group as the Designated Director of a Company will be elected or remain in office.
The term "BT Proxy" means the voting rights granted to Bankers Trust Company in the event of an exercise of remedies under a Permitted Pledge of certain TCI High Vote Shares.