Examples of Permal Group in a sentence
If any Permal Designee shall cease to serve as a director of the Company for any reason, the vacancy resulting thereby shall be filled by another person designated by Permal Group.
The Company shall cause the GECC Designee, the Permal Designee and at least one THLi Designee to be appointed to each of the committees of the Board as may be requested at any time or from time to time by GECC, Permal Group or THLi, as the case may be.
As to any of GECC's rights or obligations under this Agreement, this Agreement shall terminate at such time as GECC no longer is the beneficial owner of 2,000,000 or more of the outstanding shares of Common Stock on a Fully Diluted Basis, subject to adjustment for stock splits, combinations or similar transactions, or at such earlier time as may be agreed by GECC, Permal Group and THLi (or, if applicable, THLi's transferee pursuant to Section 14(ii)).
The right of each of GECC, Permal Group and THLi to designate directors pursuant to this Section shall continue only for so long as GECC and its Affiliates, Permal Group, or THLi and its Affiliates, as the case may be, beneficially owns at least 2,000,000 shares of Common Stock on a Fully Diluted Basis, as adjusted for stock splits, combinations or similar transactions.
As to any of THLi's rights or obligations under this Agreement, this Agreement shall terminate at such time as THLi (and any transferee's assigned rights under this Agreement pursuant to Section 14) no longer beneficially owns 2,000,000 or more of the outstanding shares of Common Stock on a Fully Diluted Basis, subject to adjustment for stock splits, combinations or similar transactions, or at such earlier time as may be agreed by GECC, Permal Group and THLi (or such transferee, if applicable).
In addition, AMSF’s ability to redeem its investments from the SPFs, specifically structured for investment by the Permal Group only, should not be constrained by liquidity needs of investors other than the Permal Group.
The Permal Group is an international financial group of companies.
The Permal Group is a pioneer of multi-manager hedge funds and has been managing alternative investments since 1973.
GECC, Permal Group, the Hawlxx Xxxup and THLi agree to use their best efforts to designate successors to fill any such vacancies as promptly as practicable.
AMSF intends to invest primarily in Portfolio Funds which are special purpose funds that have been specifically structured and are managed for the Permal Group (“SPF”).