Holder Rights definition

Holder Rights. The Contract Holder has all interest and right to amounts held in his or her Contract. The Contract Holder and any joint Contract Holder are named on the Specifications page. The Contract Holder and any joint Contract Holder may exercise all the rights under the Contract, subject to the rights of: (a) Any assignee under an assignment filed at our Home Office; and (b) Any irrevocably named Beneficiary. Upon the death of a Contract Holder prior to the Annuity Date, a spousal Beneficiary may elect to continue the Contract in his or her own name and retain all ownership rights and privileges or take distribution of the death benefit as defined in Section 10.
Holder Rights means the Holder's right to (i) have Class A Stock issued upon exercise by the Holder of the Warrant; or (ii) convert Class A Stock issued upon the exercise of the Warrant to Class B Stock.
Holder Rights means all rights which a holder of any equity securities of Company may be entitled to either pursuant to the rights, preferences or privileges of the equity securities, or pursuant to any contractual rights, including without limitation, voting rights, dividend rights, registration rights and anti-dilution rights; and (ii) equity securities will include, without limitation, options, warrants, rights, calls, commitments or agreements of any character to which the Company is a party or by which it is bound calling for the issuance of shares of capital stock or any securities convertible into or exercisable or exchangeable for, or capital stock or other arrangement to acquire, at any time or under any circumstances, shares of capital stock or any such securities.

Examples of Holder Rights in a sentence

  • As soon as practicable after the execution and delivery of this Agreement, the parties shall file, or cause to be filed, the License Applications, subject, in the case of the Sellers, to the Minority Equity Holder Rights.

  • For all purposes and during the term of this Agreement, Optionor grants to Optionee all Claim Holder Rights now or hereafter vested in Optionor, whether contained in federal legislation, regulations promulgated thereunder or similar state laws or regulations, together with Optionor’s rights to enforce any existing rights to the Property or any Claim Holder Rights against any third party, or to litigate or contest any such existing rights or Claim Holder Rights before any court or administrative agency.

  • As promptly as practicable after its receipt thereof, and in any event within thirty (30) Days thereafter, Sellers shall, subject to the Minority Equity Holder Rights, cause each Acquired Company to prepare and deliver to Purchaser its completed portion of all appropriate License Applications.

  • In this respect, said Claim Holder Rights shall revert back to Optionor at the expiration of this Agreement.

  • Holder Rights Agreement between Holder and Company dated as of September 15, 1999 (the "Securityholders Agreement").

  • No Holder shall transfer, pledge or otherwise dispose of any or all of his Holder Rights prior to the Effective Time or earlier termination of this Agreement.

  • Transferee acknowledges that Transferee is acquiring certain shares of Class A Common Stock of the Company (or Units of Parsley Energy, LLC and shares of Class B Common Stock of the Company), subject to the terms and conditions of Registration Rights and Lock-Up Agreement, among the Company and the Holder Rights party thereto.

  • Except for the obligations of COL set forth on Schedule 1.6(c) attached hereto, which claims shall survive the consummation of the Merger (collectively, the "Surviving Claims"), any and all pre-existing rights, claims, causes of actions and suits which any of the Holders then have or may have against COL (the "Holder Claims" (which term specifically excludes the Surviving Claims) and together with the Holder Agreements, the "Holder Rights") shall be released.

  • XI-4 Section 11.14 Grant of Certificateholder and Residual Interest Holder Rights to Securities Insurer.

  • The Bill of Lading: Holder Rights and Liabilities, Routledge, 1st ed., Abingdon, December 14, 2019, 157.


More Definitions of Holder Rights

Holder Rights means, at any relevant time any rights, powers, discretions or claim of whatsoever nature which a Consenting Holder may have against or in respect of the Bank or any of its subsidiaries at that time arising under any instrument, security (including each Ordinary Share), contract or in law or equity;