Examples of Jordan Investors in a sentence
A majority of the members of the Executive Committee shall constitute a quorum for the transaction of business, provided that, a majority of the members designated by the Jordan Investors, as provided in the Stockholders Agreement, also must be present for a quorum to be constituted, and, except as expressly limited by this section, the act of a majority of the members present at any meeting at which there is a quorum shall be the act of the Executive Committee.
Unless otherwise provided in the resolution designating a committee, a majority of all of the members of any such committee may select its Chairman, fix its rules or procedure, fix the time and place of its meetings and specify what notice of meetings, if any, shall be given, provided that any action taken by the committee is approved by a majority of the members of the committee chosen by the Jordan Investors as provided in the Stockholders Agreement.
The authority conferred hereby shall be an agency coupled with an interest, and all authority conferred hereby is irrevocable and not subject to termination by any of the Jordan Investors, or by operation of law, whether by the death or incapacity of any of the Jordan Investors, or the occurrence of any other event.
In response to the mediated settlement with those Jordan Investors participating, the District Court entered an Order Overruling the Motion to Clarify Status of Matured Policy Proceeds.
Thereafter, the Receiver filed Motions to Disallow the claims of the Jordan Investors, Motion to Disallow Claims, RE 1111, Page ID # 12208-12218; Motion to Disallow Jordan Investors Claims, RE 1112, Page ID # 12229-12241, seeking to require all Jordan Investors to participate in the settlement or forfeit all ability to claim proceeds of the Jordan Policies.
The District Court then mentions approvingly the belief that once non-consenting the Jordan Policiesinvestors’ claims were disallowed, the remaining Jordan-policy proceeds would be distributed to the Jordan Investors who participated in the settlement 50a.
On October 4, 2004, Mr. Andrew Storar, Court- appointed Examiner for the Receivership, sent a letter to the Jordan Investors (as well as others) about the Jordan Policies proceeds.
For purposes of this Section 5.8, the term "Jordan Investors" shall not include any Permitted Transferee of any such Persons other than Permitted Transferees referred to in Section 4.2(b) hereof.
JZEP, the Jordan Investors (as defined in the Stockholders --------- Agreement), the Management Stockholders (as defined in the Stockholders Agreement) and the Executive and Advisors Stockholders (as defined in the Stockholders Agreement).
The Receiver noted that after even complete participation by all Jordan Investors, there remained$3,980,786.00 of the Jordan Policies undistributed.