Initial Class B Holder definition

Initial Class B Holder means KRF Company, L.L.C., a Delaware limited liability company.
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Initial Class B Holder means FEM, L.P., a Delaware limited partnership.
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Initial Class B Holder means the Person that as of the effective date of the Company’s Eighth Amended and Restated Certificate of Incorporation, is the holder of record of the outstanding Class B Common.
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Examples of Initial Class B Holder in a sentence

  • The Company shall continue to use the trade name and trademark “GMAC” in connection with GM-directed automotive consumer and dealer finance incentive, and other promotional programs involving GM products for which GM compensates GMAC, except as provided for in the License Agreement or as otherwise may be agreed by the Company and the Joint Majority Holders; provided that such requirement shall terminate at such time as the GM Control Assignee constitutes the Majority Initial Class B Holder.

  • On the Closing Date, the Partnership shall issue 2,521,570 Class B Units to the Initial Class B Holder.

  • Initial Class B Holder may, upon written notice to the Corporation, assign its right to appoint one or more of the Class B Designees to a Transferee of shares of Capital Stock held by Initial Class B Holder.

  • D = the aggregate amount of (i) cash dividends or distributions (other than in the form of capital stock of the Corporation) declared and/or paid on shares of Common Stock held by the Initial Class B Holder and its Permitted Transferees in respect of the Initial Shares and Additional Class B Stockholder Shares and (ii) interest paid in cash on any debt securities held by the Initial Class B Holder and its Permitted Transferees.

  • In the case of an adjustment to the Class D Conversion Limit pursuant to the foregoing clause (2), the Class D Conversion Limit existing immediately prior to any such acquisition shall be increased by a number of shares equal to 2.046036% (i.e., 2/97.75) of the total number of shares of Common Stock or other securities of the Corporation acquired by the Initial Class B Holder and/or its Permitted Transferees in such acquisition, calculated on a fully-diluted and converted to Class A Common basis).

  • The Initial Class B Holder may request, upon written notice to the Corporation and the Initial Class A Holder (or Members, if applicable), that any Class B Designee be removed with or without cause and may designate a replacement Class B Designee.

  • In the case of an adjustment to the Class F Conversion Limit pursuant to the foregoing clause (2), the Class F Conversion Limit existing immediately prior to any such acquisition shall be increased by a number of shares equal to 0.255754% (i.e., 0.25/97.75) of the total number of shares of Common Stock or other securities of the Corporation acquired by the Initial Class B Holder and/or its Permitted Transferees in such acquisition, calculated on a fully-diluted and converted to Class A Common basis.

  • Furthermore, upon an otherwise permitted sale or transfer of any shares of Class B Non-Voting Common Stock by an Initial Class B Holder to any Person that is not (and as a result of any such conversion would not become) an Affiliate of the Initial Class B Holders, each such share of Class B Non-Voting Common Stock so sold or transferred shall convert automatically into one share of Class A Common Stock.


More Definitions of Initial Class B Holder

Initial Class B Holder means (i) Xxxxxx Holdings, L.L.C., (ii) any person who received shares of Class B Common Stock from Xxxxxx Holdings, L.L.C. upon distribution from Xxxxxx Holdings, L.L.C., (iii) any person who acquired shares of Class B Common stock from the Corporation, (iv) any person who received shares of Class B Common Stock in exchange for its shares of Series A Preferred Stock, par value $0.01 per share, of the Company pursuant to the terms of such Series A Preferred Stock and (v) any person who received shares of Class B Common Stock in exchange for its shares of Class C Common Stock pursuant to the terms hereof.
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Initial Class B Holder means J.P. Morgan Investment Corporation or ---------------------- Sixty Wall Street SBIC Fund, L.P.
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Related to Initial Class B Holder

  • 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.

  • Class C Member means a Member holding the Class C Ordinary Share.

  • Class B Investor Interest means, on any date of determination, an amount equal to (a) the Class B Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(b), minus (d) the amount of the Reallocated Class B Principal Collections allocated pursuant to subsection 4.12(a) on all prior Transfer Dates for which the Collateral Interest Amount has not been reduced, minus (e) an amount equal to the amount by which the Class B Investor Interest has been reduced on all prior Transfer Dates pursuant to subsection 4.10(a) and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(d) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Investor Interest may not be reduced below zero.

  • Initial Note A-7 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-5 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-6 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

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

  • Note A-7 Holder means the Initial Note A-7 Holder or any subsequent holder of Note A-7, as applicable.

  • Initial Note A-4 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Initial Note A-3 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Note A-8 Holder means the Initial Note A-8 Holder or any subsequent holder of Note A-8, as applicable.

  • Class B Invested Amount means, on any date of determination, an amount equal to (a) the Class B Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Distribution Dates, minus (d) the amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to subsection 4.08(a) (excluding any Reallocated Principal Collections that have resulted in a reduction in the Collateral Invested Amount pursuant to Section 4.08), minus (e) an amount equal to the amount by which the Class B Invested Amount has been reduced on all prior Distribution Dates pursuant to subsection 4.06(a) and plus (f) the amount of Excess Spread and Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.07(e) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Invested Amount may not be reduced below zero.

  • Class B Limited Partner means any Person executing (by power of attorney or otherwise) this Agreement as of the date hereof as a Class B Limited Partner or hereafter admitted to the Partnership as a Class B Limited Partner as herein provided, but shall not include any Person who has ceased to be a Class B Limited Partner in the Partnership.

  • Note A-6 Holder means the Initial Note A-6 Holder or any subsequent holder of Note A-6, as applicable.

  • Class A Member means a Member holding one or more Class A Ordinary Shares.

  • Note A-5 Holder means the Initial Note A-5 Holder or any subsequent holder of Note A-5, as applicable.

  • Class B Members means any Persons to whom Class B Membership Units are issued, and any assignee or transferee of such Persons permitted under the terms of this Agreement, and any other Person admitted to the Company in the future as a Class B Member pursuant to the terms hereof. The names of the Class B Members, and the Percentage Interests allocated to each such Class B Member, shall be reflected in the books and records of the Company.

  • Initial Note A-2 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Note A-4 Holder means the Initial Note A-4 Holder or any subsequent holder of Note A-4, as applicable.

  • Class A Limited Partner means EPCO Holdings, Inc., a Delaware corporation, and its successors and assigns.

  • Class B Initial Invested Amount means the sum of the aggregate initial principal amount of the Class B Certificates, which is $48,000,000 on the Closing Date, and the aggregate initial principal amount of any Additional Class B Certificates.