Holder of financial rights definition

Holder of financial rights or “holder” means a person, other than a member, owning any financial rights in an LLC. A holder of financial rights may acquire its financial rights either by transfer of ownership from a member or other holder or directly from the LLC.
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Holder of financial rights or “holder” means a person, other than a member, owning any financial rights in an LLC. A holder of financial rights may acquire its financial rights either by assignment, as provided in § 48-253-107, or by original issuance from the LLC as provided in § 48-251-103(a).
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Holder of financial rights or “Holder” means a Person who holds an Assignee Interest and either (i) has not become a Member of the Company; or (ii) such Person’s Membership Interest has been terminated (whether such termination is by reason of the death, dissolution, Withdrawal, incompetency, insanity or Bankruptcy of such Member or the occurrence of any other event that terminates the continued Membership Interest of such Member). A Holder shall be entitled to the allocations and distributions attributable to the Assignee Interest held by him and shall be required to make any Capital Contributions to be made in respect of such Assignee Interest; however, such Holder shall have no right to participate in the management of the Company or otherwise to be treated as a Member. Without limiting the generality of the foregoing, and except as expressly provided in the Act, a Holder (a) shall have no right to any information or accounting of the affairs of the Company, (b) shall not be entitled to inspect the books or records of the Company, and (c) shall not have any of the Governance Rights (voting or otherwise) of a Member under the Act or this Agreement.
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More Definitions of Holder of financial rights

Holder of financial rights or “ Holder ” means a Person who holds an Assignee Interest and either (i) has not become a Member of the Company; or
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Related to Holder of financial rights

  • Holder of Notes means a Person in whose name a Note is registered in the Security Register.

  • Holder of Debt Securities or other similar terms means, a Person in whose name a Debt Security is registered in the Debt Security Register (as defined in Section 2.07(a)).

  • Preferred Shareholder means any holder of Preferred Shares.

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Shareholder of Record means the record owner of shares issued by an Investment Company or, in the case of joint ownership of such shares, all record owners, as designated (1) in the initial account application, or (2) in writing accompanied by a signature guarantee, or (3) pursuant to procedures as set forth in the Application.

  • Securityholder means the Person in whose name a Security is registered on the Registrar's books.

  • holder of a Warrant Certificate as used herein shall mean any person in whose name at the time any Warrant Certificate shall be registered upon the books to be maintained by the Warrant Agent for that purpose.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Securityholder or Holder Any Noteholder or a Certificateholder.

  • Majority Holder as used in Section 7.4 hereof shall mean any holder or any combination of holders of Registrable Securities, if included in such holders' Registrable Securities are that aggregate number of shares of Common Stock (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) as would constitute a majority of the aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) included in all the Registrable Securities.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase stock of the Corporation, and (iv) any other interest that would be treated as “stock” of the Corporation pursuant to Treasury Regulation § 1.382-2T(f)(18).

  • Holder or Unit Holder means the investor for the time being entered in the Register as owner of a Unit including investors jointly so registered pursuant to the provisions of the Trust Deed.

  • Preference Stock means any and all series of preference stock, having no par value, of the Corporation.

  • U.S. Warrantholder means any Warrantholder that is a U.S. Person, acquired Warrants in the United States or for the account or benefit of any U.S. Person or Person in the United States;

  • Investors’ Rights Agreement means the agreement among the Company and the Purchasers and certain other stockholders of the Company dated as of the date of the Initial Closing, in the form of Exhibit E attached to this Agreement.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • holder of Securities “registered holder”, or other similar term, means the Person or Persons in whose name or names a particular Security is registered on the Security Register kept for that purpose in accordance with the terms of this Indenture.

  • Warrantholder has the meaning set forth in Section 2.

  • Notice Holder means, on any date, any Holder that has delivered a Notice and Questionnaire to the Company on or prior to such date.

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

  • Holder means a Person in whose name a Security is registered in the Security Register.

  • Register of Members means the register of Members maintained in accordance with the Statute and includes (except where otherwise stated) any branch or duplicate register of Members.

  • Series A Holder means a Record Holder of the Series A Preferred Units.