Examples of Lazard Ltd Sub B in a sentence
In lieu thereof, in each Lazard Group Exchange, Lazard Ltd Sub A and Lazard Ltd Sub B will transfer shares of Lazard Ltd Common Stock rounded to the nearest whole share.
Until such time as Lazard Ltd Sub A and Lazard Ltd Sub B are added as parties hereto in accordance with this Section 11.14, Lazard Ltd shall cause each of Lazard Ltd Sub A and Lazard Ltd Sub B to comply with its obligations and responsibilities under Article VIII.
Notwithstanding anything to the contrary herein, Lazard Ltd Sub A and Lazard Ltd Sub B will not transfer any fractional shares of Lazard Ltd Common Stock upon any Lazard Group Exchange.
Lazard Ltd Sub A and Lazard Ltd Sub B may refuse to deliver the certificate representing the Lazard Ltd Common Stock being transferred to a person other than the Exchanging Member until Lazard Group receives a sum sufficient to pay any tax which will be due because the shares are to be transferred to a person other than the Exchanging Member.
Each of Lazard Ltd Sub A and Lazard Ltd Sub B may be added as parties to this Agreement for the purposes of Article VIII and this Article XI only after the date hereof by execution of a written agreement signed by such person to become a party hereto.
As of the date hereof, Lazard Ltd Sub A and Lazard Ltd Sub B are the Managing Members.
Lazard Ltd Sub B is hereby designated as the tax matters partner of the Company, in accordance with the Treasury Regulations promulgated pursuant to Section 6231 of the Code and any similar provisions under any other state or local or non-U.S. tax laws.
Lazard Ltd Sub A and Lazard Ltd Sub B are hereby automatically admitted to the Company as the Managing Members, effective upon the effectiveness of the merger of FinanceCo with and into the Company.
At the Effective Time, each of Lazard Ltd Sub A and Lazard Ltd Sub B (as defined in SCHEDULE A), each an indirect, wholly owned subsidiary of Lazard Ltd, a Bermuda exempted company, shall be admitted as the Managing Members (as defined in the Lazard Group Operating Agreement) of the Surviving LLC in accordance with the Lazard Group Operating Agreement, and effective at the Effective Time, Lazard Group Finance shall cease to be as the Managing Member (as defined in the Lazard Group Operating Agreement).