Examples of Original Holdings in a sentence
For the avoidance of doubt, for purposes of determining the Original Holdings of First Reserve and/or such transferee for the purposes of Article IV following any transfer, the holdings of First Reserve and such transferee shall be aggregated.
In addition, at such time as Apollo shall beneficially own less than 50% of Apollo's Subject Shareholder's Original Holdings, Xxxxx xxx require the Apollo Designee to resign as a director of the Company.
This Agreement shall terminate upon the earliest to occur of (i) the mutual agreement of the Carlyle Holders and the WCAS Holders, (ii) except with respect to Section 1(g) hereof, the date on which either the Carlyle Holders or the WCAS Holders no longer own at least five percent (5%) of their respective Original Holdings.
Holdings shall have received capital from the Fox Xxxxx Funds sufficient to subscribe for the Shares underlying the Rights distributed to Original Holdings.
However, SFKT's Rights to appoint the majority of the directors in such instance are separately subject to the requirements of Section 5.2 (i.e. that SFKT not hold less than 50% of SFKT's Original Holdings).
Floyd Xxxx Xxxxxxxxx Finance & Treasurer Exhibit 10.3 Attachment B Beneficial Ownership Table -------------------------- ------------------------- -------------------------- Name Original Holdings Original Percentages -------------------------- ------------------------- -------------------------- William E.
The parties agree that this Agreement amends and restates the Original Holdings Merger Agreement in its entirety and upon execution and delivery of this Agreement by the parties hereto the Original Holdings Merger Agreement shall cease to have any force or effect.
Without characterizing the Original Holdings or any of the Taberna Transferred Rights as a “security” within the meaning of applicable securities laws, it is not acquiring the Original Holdings or the Taberna Transferred Rights with a view towards the sale or distribution thereof in violation of the Securities Act.