Preferred Holder definition

Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

Preferred Holder means each of the Preferred Shareholders and its permitted assignees to whom its rights under this Section 4 have been duly assigned in accordance with this Agreement; “Restricted Shares” means any of the Company’s securities now owned or subsequently acquired by an Ordinary Holder;

Preferred Holder means each holder of Preferred Shares from time to time.

Examples of Preferred Holder in a sentence

• Every Shareholder or Preferred Holder, by virtue of having acquired a Share or Preferred Security, respectively, shall be held expressly to have assented to and agreed to be bound by the terms of the Declaration and to have become a party hereto.

• No Shareholder or Preferred Holder shall be personally liable for the debts, liabilities, obligations and expenses incurred by, contracted for, or otherwise existing with respect to, the Trust or any Series.

• If a Member or Preferred Holder fails to timely make such payment to the Company, then the Failure to Comply Remedies shall apply.

• The Partnership shall deliver to each Preferred Holder a written notice at least 5 Business Days prior to the date of the expected conversion.

• However, the Class A Preferred Holder whose Class A Preferred Units are converted shall pay any tax or duty which may be payable relating to any transfer involving the issuance or delivery of Common Units in a name other than the holder’s name.

More Definitions of Preferred Holder

Preferred Holder means a holder of a Preferred Unit.

Preferred Holder means (a) with respect to a class or series of Preferred Units, a Record Holder of such class or series of Preferred Units, and (b) with respect to Preferred Units, generally, a Record Holder of Preferred Units.

Preferred Holder means each record holder of a Preferred Unit.

Preferred Holder means each Rockpoint Preferred Holder and each other Person who is the holder of a Preferred Interest.

Preferred Holder means any holder of Preferred Stock.

Preferred Holder shall include, for the purposes of this Section 7, the general partners, officers, or other affiliates of such Preferred Holder, and a Preferred Holder may apportion its Pro Rata Share (as defined in Section 7.2 below) among itself and such general partners, officers, and other affiliates in such proportions as it deems appropriate.

Preferred Holder shall have the meaning set forth in the preamble to this Agreement.