Examples of Lion Parties in a sentence
The Blue Lion Parties beneficially own in the aggregate 1,605,109 Shares, which includes the Shares held by the Shareholder.
Subject to clause (e) of this Section, the Borrower agrees that each Participant shall be entitled to the benefits of 2.13 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to clause (b) of this Section.
No Party shall be entitled to assign or transfer all or any of its rights, benefits or obligations under this Agreement in whole or in part without the prior written consent of the Lion Parties otherwise than pursuant to a Transfer in accordance in all respects with the provisions and requirements of this Agreement and the Articles.
The Company undertakes, and the Lion Parties shall procure that the Company undertakes, to act only as a holding company and not to undertake any trading activity, and further not to incur any indebtedness.
The Blue Lion Parties have no material interest in the Proposals or the election of the Nominees other than in their capacity as investment manager to the Advisory Clients and as beneficial holders of the Shares.
From time to time, the Shareholder and the Blue Lion Parties may purchase Shares using margin provided by banking institutions or brokerage firms on such firms’ usual terms and conditions.
Other than with regard to the margin accounts, as of the date of this Notice, the Shareholder and the Blue Lion Parties do not have any loans secured by Shares.
The business address of the Blue Lion Parties and their affiliates and associates is 8115 Preston Road, Suite 550, Dallas, Texas 75225-6307.
In total, this represents 5.97% of the Company’s outstanding Shares.The principal business of the Blue Lion Parties is to serve as an investment manager or adviser to various pooled investment vehicles, including, among other entities, BLOF II LP, Blue Lion Capital Master Fund, L.P. and Blue Lion Opportunity Master Fund, L.P., and separately managed accounts (collectively, the “Advisory Clients”).
The Blue Lion Parties will bear the cost of the intended solicitation of proxies for use at the Annual Meeting.