Minority seller definition

Minority seller means a person who is both a seller of goods and an owner of a minority business enterprise listed on the special minority business enterprise bid notification list under division (B) of section 125.08 of the Revised Code.
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Minority seller means each Seller other than (i) AVP Liberty Co-Investment, L.P., (ii) Xxxxx Street Fund, L.P., (iii) Argosy Investment Partners III, L.P. and (iv) Xxxxxx Street Fund, L.P.
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Minority seller and “Minority Sellers” are defined in the preamble to this Agreement.
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Examples of Minority seller in a sentence

  • Before the Majority Seller can Dispose of their Shares, the Majority Seller must issue to the remaining Seller (Minority Seller) a notice (Tag Along Notice) informing each Minority Seller of its right to require the Majority Seller to cause the Tag Purchaser or its nominee to purchase the Minority Seller's Shares on the terms set out in the Tag Along Notice.

  • With effect from the date of the Tag Along Notice and for a period of 21 days after that date (Tag Along Exercise Period), each Minority Seller has the right to require by notice in writing to the Majority Seller to cause the Tag Purchaser or its nominee to purchase all of the Minority Shareholder's Shares in accordance with the Tag Along Notice.

  • If by 4.00pm on the last day of the Tag Along Exercise Period, a Minority Seller has not elected to sell their Shares under this clause 22, the Majority Seller may sell the Majority Seller’s Shares for the price, and on the same terms and conditions specified, in the Tag Along Notice.


More Definitions of Minority seller

Minority seller means Turbo Holdings Lux II Sarl;
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Minority seller means a person who is both a seller 24
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Related to Minority seller

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Minority Group means any of the following racial or ethnic groups:

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Minority-owned business means a business concern which is at least 51% owned by one or more minority persons, or in the case of a corporation, at least 51% of the stock in which is owned by one or more minority persons; and the management and daily business operations of which are controlled by one or more of the minority individuals who own it.

  • Minority Owned Business Enterprise or "MBE" means a firm awarded certification as a minority owned and controlled business in accordance with City Ordinances and Regulations as well as a firm awarded certification as a minority owned and controlled business by Cook County, Illinois. However, it does not mean a firm that has been found ineligible or which has been decertified by the City or Cook County.

  • Seller Group Member means (a) Seller and its Affiliates, (b) directors, officers and employees of Seller and its Affiliates and (c) the successors and assigns of the foregoing.

  • Minority Business means a business:

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and

  • Seller Affiliate means any Affiliate of Seller.

  • Seller Parent has the meaning set forth in the Preamble.

  • Model 4 seller means a seller that is registered under the agreement and is not a model 1 seller, model 2 seller, or model 3 seller.

  • Seller Group means, at any time, the group of companies comprised of Xxxxx Fargo & Company and its subsidiaries at that time.

  • Seller has the meaning set forth in the Preamble.

  • Unconsolidated Affiliate means, with respect to any Person, any other Person in whom such Person holds an Investment, which Investment is accounted for in the financial statements of such Person on an equity basis of accounting and whose financial results would not be consolidated under GAAP with the financial results of such Person on the consolidated financial statements of such Person.