Participating Shares means shares that entitle their holders to participate without limitation in distributions.
Participation Notice has the meaning set forth in Section 4.2;
Offered Shares has the meaning set forth in Section 3.02(a).
Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).
Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.
Participating Share or “Share” means the Participating Shares of no par value in the
L/C Participation shall have the meaning provided in Section 3.3(a).
Offer Shares means the Hong Kong Offer Shares and the International Offer Shares being offered at the Offer Price under the Global Offering together with any additional Shares to be issued pursuant to the exercise of the Over-Allotment Option;
Rights Offering Participants means those Persons who duly subscribe for Rights Offering Shares in accordance with the Rights Offering Procedures.
Transfer Shares has the meaning ascribed to such term in Section 6.2(a)
Participating Investor any Participating Account, Participating Insurance Company or Participating Plan, including the Account and the Company.
Offeree means an individual to whom the Committee has offered the right to acquire Shares under the Plan (other than upon exercise of an Option).
Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.
Participation Period has the meaning set forth in Section 4.2 hereof.
Investor Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its Secondary Refusal Right as to a portion of the Transfer Stock with respect to any Proposed Key Holder Transfer.
Eligible Shares has the meaning set forth in Section 4.1(a).
Optional Purchase Percentage means 5%.
Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.
Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.
Regular Purchase Notice means, with respect to any Regular Purchase pursuant to Section 2(a) hereof, an irrevocable written notice from the Company to the Investor directing the Investor to buy such applicable amount of Purchase Shares at the applicable Purchase Price as specified by the Company therein on the Purchase Date.
Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.
Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.
Offered Units shall have the meaning set forth in Section 11.1 hereof.
Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).
notice shares means, in relation to a notice of dissent, the shares in respect of which dissent is being exercised under the notice of dissent;
Effective date of participation means July 1, 1968, except with