Permitted Transfer Date definition

Permitted Transfer Date shall have the meaning set forth in Section 7.1(a) to this Agreement.

Permitted Transfer Date means (i) with respect to the Executive Directors and their permitted transferees pursuant to Section 8.02(b) of the LLC Agreement, sixty days following delivery of written notice from the Representative to the SL Representative indicating the intent of the Executive Directors and/or their permitted transferees pursuant to Section 8.02(b) of the LLC Agreement to assign, sell, pledge or otherwise alienate or transfer an interest in this Agreement, provided that such notice cannot be delivered until the earlier of (x) the seventh anniversary of the date hereof and (y) the Ownership Trigger Date (as defined herein), and (ii) with respect to the SL TRA parties, (A) the later of (x) the seventh anniversary of the date hereof and (y) such time (the “Ownership Trigger Date”) as the Executive Directors, their permitted transferees pursuant to Section 8.02(b) of the LLC Agreement, the SL Member and the SL Related Entities cease to beneficially own, directly or indirectly, in the aggregate, securities of the Corporation representing a majority of the combined voting power of the Corporation’s then outstanding securities generally entitled to vote in the election of directors or (B) if earlier than the time determined pursuant to clause (ii)(A), sixty days after the date of delivery of the written notice described in the foregoing clause (i). At any time that the SL TRA Parties are permitted to assign, sell, pledge or otherwise alienate or transfer their interests in this Agreement by operation of this Section 7.06(a)(ii), the KKR TRA Parties shall be permitted to sell, pledge or otherwise alienate or transfer their interests in this Agreement (whether or not any SL TRA Party has assigned, sold, pledged or otherwise alienated or transferred their interests in this Agreement).

Permitted Transfer Date shall have the meaning set forth in Section 8.1 hereof.

Examples of Permitted Transfer Date in a sentence

• After the Permitted Transfer Date, or at such earlier date as required by law or the Declaration of Trust of the Trust, the Existing Stockholders may Transfer shares of Common Stock to a Permitted Transferee, without complying with Section 5.2, provided that each of such transferees (i) executes a written undertaking to be and becomes bound by this Agreement in the same manner and to the same extent as the Existing Stockholders, (ii) executes an irrevocable power of attorney appointing Xxxxxxxx X.

• Lender shall have the right to approve or disapprove the proposed Buyer (such approval to be in Lender’s sole and absolute discretion prior to the Permitted Transfer Date and such approval not to be unreasonably withheld on and after the Permitted Transfer Date).

• Upon a Change in Control Event of the Company, the restriction on the Investor prohibiting the Transfer of shares of Class A Common Stock prior to the Permitted Transfer Date shall cease and terminate.

• From and after the Permitted Transfer Date, Lender shall not unreasonably withhold consent to two (2) Property Sales.

• All Notes transferred prior to the Permitted Transfer Date shall be issued in the form of Certificated Notes bearing the IAI Note Legend.

More Definitions of Permitted Transfer Date

Permitted Transfer Date means the earlier of (a) the date on which Anschutz and its Affiliates or Groups shall have sold 50% or more of the shares of Common Stock beneficially owned by Anschutz and its Affiliates or Groups, which figure shall include shares of Common Stock issuable pursuant to the Second Series Convertible Preferred Stock, the JEDI/Anschutz Option and the Tranche A Warrants (as each such term is defined in the Second Restructure Agreement), held by Anschutz and its Affiliates or Groups on the date hereof, but excluding any shares of Common Stock issuable pursuant to the JEDI/Anschutz Option or the Tranche A Warrants if such option or warrants expires or is canceled or terminated during the period between the date hereof and July 27, 1999, or (b) (i) in the case of the Additional Exchange Shares, May 31, 1997, (ii) in the case of fifty percent of the Initial Exchange Shares, July 31, 1997, and (iii) in the case of the remainder of the Initial Exchange Shares, July 31, 1999."

Permitted Transfer Date means the earlier to occur of (i) July 27, 1998 or (ii) the date on which Anschutz and its Affiliates or Groups shall have sold 50% or more of the shares of Common Stock beneficially owned by Anschutz and its Affiliates or Groups, which figure shall include shares of Common Stock issuable pursuant to the Second Series Convertible Preferred Stock, the JEDI/Anschutz Option and the Tranche A Warrants (as each such term is defined in the Second Restructure Agreement), held by Anschutz and its Affiliates or Groups on the date hereof, but excluding any shares of Common Stock issuable pursuant to the JEDI/Anschutz Option or the Tranche A Warrants if such option or warrants expires or is canceled or terminated during the period between the date hereof and July 27, 1998.

Permitted Transfer Date means the date on which the Purchaser is permitted to transfer the Notes pursuant to the Equity Holders Agreement.

Permitted Transfer Date the date specified in paragraph 7.1 of the Summary after

Permitted Transfer Date has the meaning specified in the form of the PIK Credit Agreement attached as Exhibit A to Exhibit F (Amendment Agreement) to the Disclosure Statement, dated September 28, 2011, and filed by Holdings with the Securities and Exchange Commission.

Permitted Transfer Date as defined in Section 12.15(c) hereof.

Permitted Transfer Date means the earlier of (i) the date on which the Favorable Ruling Condition (as defined below) is satisfied or (ii) the date on which Travelport, in its absolute and sole discretion, at any time prior to the satisfaction of the Favorable Ruling Condition elects to enter into and cause the New Unrestricted Subsidiary to enter into the Subscription Agreement.