Permitted Owner definition

Permitted Owner means a Person who satisfies (i), (ii) or (iii) below:
Permitted Owner means any Principal or, with respect to such Principal, (a) any spouse or immediate family member of such Principal or (b) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding an 80% or more controlling interest of which consist of such Principal and/or such other Persons referred to in the immediately preceding clause (a).
Permitted Owner means American Mobile Satellite Corporation, General Motors Corporation, DIRECTV and Clear Channel Communications, Inc. and their respective affiliates.

Examples of Permitted Owner in a sentence

  • This restriction shall not apply to (i) the Transfer of any Preferred Shares which a Permitted Owner has a right to have redeemed pursuant to Section 5A of the Certificate of Designation but which for any reason the Company has failed to redeem within 30 days after the Permitted Owner's exercise of his or its redemption right (ii) or to the Transfer of any securities other than Preferred Shares.

  • The right of a Permitted Owner under the preceding sentence shall be in addition to any other rights and remedies available to the Permitted Owner at law or in equity.

  • The expenses of the Permitted Owner in connection with any such inspection shall be for the account of the Permitted Owner.

  • Notwithstanding any provision herein to the contrary, the provisions of this Section 5.2.6 are in addition to any rights of a Permitted Owner under the Georgia Business Corporation Code and shall in no way limit such rights.

  • Prior to the fifth anniversary of the date of this Agreement, except for Transfers to a Permitted Transferee, no Permitted Owner shall Transfer any Preferred Shares.


More Definitions of Permitted Owner

Permitted Owner means SSH and all Affiliates thereof.
Permitted Owner means SBCL or a successor owner of SBCL's Series D Preferred Stock or Conversion Shares permitted under the Stockholders Agreement among ActaMed and its stockholders, as amended from time to time.
Permitted Owner has the meaning assigned to it in Section 13.3.
Permitted Owner. (a) the Principal, (b) with respect to the Principal, (i) any spouse or immediate family member of the Principal or (ii) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding an 80% or more controlling interest of which consist of the Principal and/or such other Persons referred to in the immediately preceding clause (b)(i), (c) Crestview, (d) MIHI LLC, (e) UBS or (f) any Person Controlled by, or under common Control with, the Principal, Crestview, MIHI LLC or UBS.
Permitted Owner means any one of the following:
Permitted Owner means the ATIC Shareholders and any other entity 100% of the voting power and economic interest of which is directly or indirectly beneficially owned by the Government of Abu Dhabi.
Permitted Owner means (i) an Investor, for as long as the Investor continues to be the beneficial owner of any shares of the Underlying Common Stock, and (ii) each Permitted Transferee, for as long as the Permitted Transferee continues to be the beneficial owner of any shares of Underlying Common Stock.