Examples of Related Holder in a sentence
The Debentures (Series 30) owned by a Related Holder shall not confer upon such person voting rights at meeting of Debenture Holders or class meetings and may not be counted for purposes of a quorum as long as they are held by the Related Holder.
Further, the Company may, at any time, purchase new debentures at any price it deems fit, without detracting from the obligation to repay the outstanding the New Debentures, provided that purchase of the new debentures by the Company in transactions over the counter shall not be performed from a Related Holder (as defined below).
In the event any Related Stockholder agrees to forego its full pro rata share of the Rule 144 group volume limit by written notice to the Specified Holder and all other Related Stockholders, the remainder shall be re-allocated pro rata among Specified Holder and all other Related Stockholders in like manner (except that the Shares held by such forfeiting Related Holder at the start of such measurement period shall be excluded from such calculation).
Continuing Notice Obligations: • From the date of entry of the Confirmation Order and through the Effective Date, five (5) business days following any transfer of any Unsecured Notes Claims and/or Backstop Commitments that would result (or has resulted) in a decrease in the amount of Unsecured Notes Claims and/or Backstop Commitments held by a 10% Holder such that such 10% Holder would cease (or has ceased) to be a 10% Holder, such entity or Related Holder shall notify the Notice Firms.
The Debentures (Series 30) that will be held be a Related Holder shall be deemed an asset of the Related Holder and shall not be delisted from the TASE and, subject to any law, shall be transferrable as the other Debentures (Series 30).