Related Holder definition

Related Holder shall have the meaning set forth in Section 3.4.

Related Holder has the meaning set forth in the definition of Specified Holder below.

Related Holder of a Principal shall mean all Persons (other than Wilmington, WTC or WTI) who acquired LLC Interests from such Principal, from a transferee from such Principal, or from a transferee of any such transferee or subsequent transferee.

Examples of Related Holder in a sentence

• In the event any Related Holder agrees to forego its full pro rata share of the Rule 144 group volume limit by written notice thereof to the Specified Holder and all other Related Holders, the remainder shall be reallocated pro rata among the Specified Holder and all other Related Holders in like manner (except that the Shares held by such foregoing Related Holder at the start of such measurement period shall be excluded from such calculation).

• Each Related Holder shall be entitled to effect Transfers that are subject to the Rule 144 group volume limit pro rata during the applicable measurement period based on the ratio of the relative number of Shares owned by such Related Holder to the number of Shares owned by all Specified Holders and Related Holders at the start of the measurement period.

• Subject to Sections 3.2.2 and 3.2.5, each Related Holder shall be entitled to effect Sales that are subject to the Rule 144 group volume limit pro rata during the applicable measurement period based on its percentage ownership of Shares held by all such Related Holders at the start of such measurement period.

• After the Initial Public Offering, each Specified Holder promptly shall notify each Related Holder (a) when it has commenced a measurement period for purposes of the Rule 144 group volume limit in connection with a Sale that is subject to such limit and (b) what the volume limit for that measurement period, determined as of its commencement, will be.

• After the IPO Date, each Specified Holder shall promptly notify each Related Holder when it has commenced a measurement period for purposes of the Rule 144 group volume limit in connection with a Transfer that is subject to such limit and what the volume limit for such measurement period, determined as of its commencement, will be.

More Definitions of Related Holder

Related Holder means (i) in the case of a Stockholder that is an entity, any securityholder, partner, member or affiliate (as defined below) of such Stockholder; and (ii) in the case of a Stockholder that is a natural person, (A) any member of such Stockholder’s immediate family, (B) any trust, the beneficiaries of which are such Stockholder, one or more members of such Stockholder’s immediate family, and/or any charitable organization, or the assets of which are deemed for federal income tax purposes to be owned by such Stockholder and/or one or more members of such Stockholder’s immediate family, or (C) any entity that is directly or indirectly controlled by the Stockholder and/or any combination of any of the foregoing. For purposes of the foregoing, (x) “immediate family” of a specified person means his or her spouse or domestic partner, any parent of such specified person or of his or her spouse or domestic partner, or any lineal descendant of any of the foregoing (including by adoption), (y) “affiliate” of a specified person or entity means any other person or entity that directly, or indirectly through one or more other affiliates, controls or is controlled by, or is under common control with, the specified person or entity, and (z) “control” means the possession, directly or indirectly, or as trustee or executor, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, as trustee or executor, by contract or otherwise, and, in the case of a fund, includes the power to direct or cause the direction of the investment decisions of such fund, whether through authority as the manager, investment manager, general partner, or otherwise.

Related Holder means (i) any controlling stockholder, 66 2/3% owned Subsidiary, or immediate family member (in the case of an individual) of any Permitted Holder; or (ii) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or persons beneficially holding a 66 2/3% controlling interest of which consist of any one or more Permitted Holders and/or such other Persons referred to in the immediately preceding clause (i).

Related Holder means a Spouse, Family Member, Family Trust, or person as the case may be, to whom a Shareholder has transferred Shares pursuant to Clause 4; “Relevant Date” is defined in Clause 9.5.1; “Relevant Securities” is defined in Clause 10; “Reorganisation” is defined in the recitals of this Agreement; “Sale Notice Period” is defined in Clause 6.4; “Security Interest” includes any mortgage, charge, pledge, lien, encumbrance, hypothecation, hedging or assignment or any other agreement or arrangement having the effect of conferring security; “Sell-Down” means, other than in the case of an Excluded Transfer, an LP Distribution or pursuant to a Catch-up Sale, a transfer of Shares by the Investor or a transfer (direct or indirect) of any interest therein by way of an accelerated bookbuild or other sale transaction following Closing;

Related Holder means, with respect to a UTI Certificate or a SUBI Certificate, the Person or Persons designated as a Holder of such UTI Certificate or such SUBI Certificate on the Certificate Register, together with their successors and permitted assigns..

Related Holder means (i) in the case of a holder that is an entity, any securityholder, partner, member or affiliate (as defined below) of such holder; and (ii) in the case of a holder that is a natural person, (A) any member of such holder’s immediate family, (B) any trust, the beneficiaries of which are such holder, one or more members of such holder’s immediate family, and/or any charitable organization, or the assets of which are deemed for federal income tax purposes to be owned by such holder and/or one or more members of such holder’s immediate family, or (C) any entity that is directly or indirectly controlled by the holder and/or any combination of any of the foregoing; and for purposes of the foregoing, (x) “immediate family” of a specified person means his or her spouse or domestic partner, any parent of such specified person or of his or her spouse or domestic partner, or any lineal descendant of any of the foregoing (including by adoption), (y) “affiliate” of a specified person or entity means any other person or entity that directly, or indirectly through one or more other affiliates, controls or is controlled by, or is under common control with, the specified person or entity, and (z) “control” means the possession, directly or indirectly, or as trustee or executor, of the power to direct or cause the direction of the management and policies of a person, whether through the ownership of voting securities, as trustee or executor, by contract or otherwise, and, in the case of a fund, includes the power to direct or cause the direction of the investment decisions of such fund, whether through authority as the manager, investment manager, general partner, or otherwise;

Related Holder has the meaning set out in Section 6.1(b).

Related Holder means a Spouse, Family Member, Family Trust, or person as the case may be, to whom a Shareholder has transferred Shares pursuant to Clause 4;