IDR Holder definition

IDR Holder means a Record Holder of Incentive Distribution Units; provided, that the Partnership shall be considered the Record Holder of any Incentive Distribution Units held by it in treasury.
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IDR Holder has the meaning set forth in the Partnership Agreement.
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IDR Holder and “IDR Holders” have the meaning given such terms in the Recitals.
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Examples of IDR Holder in a sentence

  • However, if Withdrawal Order for Cash-out Option is submitted with such number of IDRs which represents a fraction of a Share, the Registrar shall process the same in respect of such number of IDRs which would represent the nearest whole number of Shares and the balance IDRs shall be released to the relevant IDR Holder.

  • The Domestic Depository shall send a communication to the IDR Holders holding Sale IDRs, whose address /email address is available with the Domestic Depository/ Registrar, if the bank account details of such IDR Holder are not available with the Domestic Depository and/ or the Registrar or if the Domestic Depository is not able to transfer proceeds to the bank account of which it has details.

  • However, if the Conversion Option is selected and the Withdrawal Order is submitted with such number of IDRs (under the Conversion Option) that represents a fraction of a Share, the Registrar shall process the same in respect of such number of IDRs which would represent the nearest whole number of Shares and the balance IDRs shall be released to the relevant IDR Holder.

  • Incentive Distribution Units may be subject to such additional terms as provided in any applicable IDR Holder Agreement, including with respect to their conversion, redemption, purchase, vesting, transfer or forfeiture, as agreed by the General Partner in its sole discretion.

  • Simultaneously, the Domestic Depository shall also intimate the Security Depositories to make the necessary changes to the securities account of the relevant IDR Holders and extinguish the Sale IDRs held in demat form, except in the case of (i) Encumbered IDRs; and (ii) subject to suspension of the relevant demat account of the relevant IDR Holder (the “Suspended Account”).

  • For instance, if an IDR Holder has submitted a valid Withdrawal Order for 105 IDRs as part of the Conversion Option, the Registrar shall process the Withdrawal Order with respect to 100 IDRs under the Conversion Option, and release 5 IDRs back to the relevant IDR Holder.

  • However, each participating IDR Holder shall pay any tax or duty which may be payable relating to any transfer by such IDR Holder involving the issuance or delivery of such Units in a name other than such IDR Holder’s name.

  • The Domestic Depository shall arrange for (i) sale of the Shares underlying the Sale IDRs as soon as reasonably practicable, after the delisting, on the LSE, at the prevailing market price, and (ii) the net proceeds (post deduction of applicable taxes and brokerage expenses incurred by the Domestic Depository) of such sale to be distributed to the IDR Holders in proportion to the number of Sale IDRs held by each IDR Holder.

  • No IDR Holder may transfer any of its Incentive Distribution Units without the prior written approval of the General Partner.

  • Instead, the Partnership shall pay the cash value of such fractional Units based on the Current Market Price (the date of determination of which shall be as of the date that is three Trading Days prior to the date IDR Reset Units are issued to such IDR Holder).


More Definitions of IDR Holder

IDR Holder means holder of Indian Depository Receipts.
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Related to IDR Holder

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • or "Holder The Person in whose name a Certificate is registered in the Certificate Register, except that a Disqualified Organization or a Non-United States Person shall not be a Holder of a Residual Certificate for any purposes hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor or the Master Servicer or any Affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee and the NIMS Insurer may conclusively rely upon a certificate of the Depositor or the Master Servicer in determining whether a Certificate is held by an Affiliate thereof. All references herein to "Holders" or "Certificateholders" shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee and the NIMS Insurer shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Senior Holder means, (i) the Note Holders of Series A until the Secured Obligations in respect of Series A Equipment Notes have been paid in full, (ii) after the Secured Obligations in respect of Series A Equipment Notes have been paid in full, the Note Holders of Series B until the Secured Obligations in respect of Series B Equipment Notes have been paid in full and (iii) after the Secured Obligations in respect of Series B Equipment Notes have been paid in full, the Note Holders of Series C until the Secured Obligations in respect of Series C Equipment Notes have been paid in full.

  • Major Holder means with respect to any registration the Holder that, together with its Affiliates, includes the largest number of Registrable Securities in such registration.

  • Other Holder has the meaning specified in Section 2.2(b).

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Effective FTR Holder means:

  • Initial Holder has the meaning set forth in the preamble.

  • Initiating Holder has the meaning set forth in Section 2.01(a).

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

  • Designated Holder means the Holder of Note A-1.

  • Securityholder or Holder Any Noteholder or a Certificateholder.

  • Selling Holder means a Holder who is selling Registrable Securities pursuant to a registration statement.

  • Electing Holder means any holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

  • Qualifying Holder shall have the meaning ascribed thereto in Section 12 hereof.

  • Existing Holder means a Broker-Dealer or any such other Person as may be permitted by the Corporation that is listed as the holder of record of shares of AMPS in the Stock Books.

  • Noteholder or Holder The Person in whose name a Note is registered in the Note Register, except that, any Note registered in the name of the Depositor, the Issuer or the Indenture Trustee or any Affiliate of any of them shall be deemed not to be outstanding and the registered holder will not be considered a Noteholder for purposes of giving any request, demand, authorization, direction, notice, consent or waiver under the Indenture or the Trust Agreement; provided, that in determining whether the Indenture Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Notes that the Indenture Trustee or the Owner Trustee knows to be so owned shall be so disregarded. Owners of Notes that have been pledged in good faith may be regarded as Noteholders if the pledgee thereof establishes to the satisfaction of the Indenture Trustee or the Owner Trustee such pledgee's right so to act with respect to such Notes and that such pledgee is not the Issuer, any other obligor on the Notes or any Affiliate of any of the foregoing Persons.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • 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.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Participating Holder means any Holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 2(b) hereof.

  • Ticket Holder means any individual possessing, holding or using a Ticket, including (without limitation) the Ticket Purchaser or any person to whom the Ticket was issued or transferred;

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • Octopus Holder means a user of an Octopus who may be an AAVS Account Holder or who has linked his/her Octopus to an AAVS Account in the name of one of his/her family members or friends;

  • Preferred Holder means each of the Preferred Shareholders and its permitted assignees to whom its rights under this Section 4 have been duly assigned in accordance with this Agreement; “Restricted Shares” means any of the Company’s securities now owned or subsequently acquired by an Ordinary Holder;

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.