Minority Holder definition

Minority Holder means a person who either solely or jointly holds (directly or through nominees) any shares or loan capital in any company whose shares are listed or dealt in on a recognised investment exchange (as that term is defined by section 285 Financial Services and Markets Act 2000) provided that such holding does not, when aggregated with any shares or loan capital held by the Executive’s partner and/or his or his partner’s children under the age of 18, exceed 3% of the shares or loan capital of the class concerned for the time being issued;
Minority Holder means any holder of an Equity Interest in a Subsidiary which such Equity Interest may not exceed 20% of the Capital Stock of such Subsidiary.
Minority Holder means any Holder who from time to time holds less than a Marketable Parcel.

Examples of Minority Holder in a sentence

  • Without limiting the foregoing, in the event that such Series C Minority Holder (or its designated Affiliate) has not received, or is unable to receive, the additional Tranche B Loans listed on Schedule A, then the foregoing exchange shall not be effective, and the Company agrees to take all actions as reasonably |US-DOCS\149621694.11|| requested by the applicable Series C Minority Holder to effectuate the unwinding of the foregoing Section 2.3.

  • The Parties hereby acknowledge and agree that the shares of Series C Preferred beneficially and legally owned by each Series C Minority Holder as set forth on Schedule A shall be immediately and automatically exchanged as of the Effective Date, without payment of any additional consideration therefor (the “Exchanged Series C Shares”) in exchange for the additional Tranche B Loans listed on Schedule A and documented pursuant to Amendment No. 16 to the Credit Agreement.

  • Nothing in this sub-clause shall prevent the Employee from being or becoming a Minority Holder.


More Definitions of Minority Holder

Minority Holder means a person who either solely or jointly holds (directly or through nominees) any shares or loan capital in any company whose shares are listed or dealt in on a recognised investment exchange (as that term is defined by section 285 Financial Services and Markets Act 2000) provided that such holding does not, when aggregated with any shares or loan capital held by the Consultant’s partner and/or his or his partner’s children under the age of 18, exceed 3% of the shares or loan capital of the class concerned for the time being issued
Minority Holder means any Holder of Securities (including a Holder who holds Shares) who from time to time holds less than a Marketable Parcel of those Securities.
Minority Holder means any Holder who from time to time holds less than a Marketable Parcel. “Notice” means the notice given to Minority Holders in accordance with clause 14.3.
Minority Holder means holders of shares of SSI other than STI.
Minority Holder means any holder (other than a Credit Party) of Equity Interests of any Care For Kids Subsidiary, and “Minority Holders” shall mean, collectively, each such Minority Holder.
Minority Holder means any holder of an Equity Interest in a Subsidiary, which Equity Interest does not exceed 20% of the Capital Stock of such Subsidiary.
Minority Holder means any “Holder” as defined under the Minority Registration Rights Agreements.