Regulated Holder definition

Regulated Holder means any holder of the Company's Securities that is (or that is a subsidiary of a bank holding company that is) subject to the various provisions of Regulation Y of the Board of Governors of the Federal Reserve Systems, 12 C.F.R., Part 225 (or any successor to Regulation Y).

Regulated Holder means a bank holding company subject to the provisions of the Bank Holding Company Act of 1956, as amended, and as implemented by the Board of Governors of the Federal Reserve System, whether pursuant to regulation or interpretation (the “BHCA”), together with its affiliates (as defined in Regulation Y (12 C.F.R. Part 225)).

Regulated Holder means a bank or bank holding companies, together with its subsidiaries.

Examples of Regulated Holder in a sentence

• Notwithstanding anything in this Agreement or any Warrant Certificate to the contrary, no Regulated Holder and no transferee of such Regulated Holder, may exercise the Warrants for a number of Warrant Shares which would permit such Regulated Holder, together with its Affiliates and transferees, to own or control a number of Warrant Shares greater than that permitted by Applicable Law including, without limitation, Regulation Y.

• Such agreements may include restrictions on the redemption, repurchase or retirement of Securities of the Company that would result or be reasonably expected to result in such Regulated Holder holding more voting securities or total securities (equity and debt) than it is permitted to hold under such regulations.

• Such agreements may include restrictions on the redemption, repurchase or retirement of Securities of the Company that would result or be reasonably expected to result in such Regulated Holder holding more voting securities or total securities (equity and debt) than it is permitted to hold under such laws and regulations.

• If CIT/VC elects to transfer Securities of the Company to a Regulated Holder in order to avoid a Regulatory Problem, the Company shall enter into such agreements with such Regulated Holder as it may reasonably request in order to assist such Regulated Holder in complying with applicable laws, and regulations to which it is subject.

• No non-cash distributions of Equity Securities shall be made to a Regulated Holder or its Affiliate or transferee which would cause such Regulated Holder, Affiliate or transferee to be in violation of any Applicable Law.

More Definitions of Regulated Holder

Regulated Holder means any holder of Warrants or Conversion Shares, if such holder is effectively restricted or prohibited from holding, exercising or transferring, in whole or in part, the Warrants or Conversion Shares by reason of any Regulatory Requirement, including without limitation if such holder is a bank holding company within the meaning of the BHC Act or a subsidiary thereof subject to Regulation Y under the BHC Act.

Regulated Holder shall have the meaning provided in Section 8.

Regulated Holder means a bank, savings association, or a holding company or affiliate of a bank or savings association, any party to whom any such entity transfers any shares of common stock, and any transferee of such party.

Regulated Holder means any Holder (i) that, directly or indirectly because of its ownership by an entity that is subject to Regulation Y, is subject to the provisions of Regulation Y and (ii) that holds shares of Common Stock or Warrants to purchase shares of Common Stock.

Regulated Holder means any stockholder of the Company (i) that, directly or indirectly because of its ownership by an entity that is subject to Regulation Y, is subject to the provisions of Regulation Y and (ii) that holds Common Stock or Warrants to purchase Common Stock.

Regulated Holder means a Holder which is a bank, a bank holding company or an Affiliate of any of the foregoing. A Regulated Holder shall be deemed to have a "Regulatory Problem" when (i) such Regulated Holder's investment in the Warrants and/or Warrant Stock exceeds any limitation to which it is subject, or is otherwise not permitted, under any law, rule or regulation of any Governmental Authority (including any position to that effect taken by such Governmental Authority), or (ii) restrictions are imposed on such Regulated Holder which, in its reasonable judgment, make it illegal or unduly burdensome for such Regulated Holder to continue to hold such Warrants and/or Warrant Stock.

Regulated Holder means any holder of Preferred Stock or Common Stock who is regulated under the BHCA Rules.