Relevant Investor definition
Examples of Relevant Investor in a sentence
In the event of a sale or deemed sale by the Relevant Investors of less than 100% of the Relevant Investor Shares, for purposes of determining Realized Cash, the Relevant Investors will be deemed to sell such shares on a “first in, first out” basis.
For the avoidance of doubt, a distribution of Relevant Investor Shares by a Relevant Investor to its investors shall not be treated as a sale by such Relevant Investor.
All decisions by the Committee with respect to any calculations pursuant to Section 3 and Section 4, including, without limitation, the determination of Realized Cash, Total Investor IRR, Total Invested Capital, Relevant Investor Investment and the date, if any, that Realized Cash exceeds any of the applicable targets, shall be reasonable and made in good faith and, absent manifest error, shall be final and binding on the Participant.
Such Tax Reliefs shall be for the benefit of the Relevant Investor, save to the extent that the transaction giving rise to the Tax Relief also resulted in a Tax Liability which is to be borne or shared by another Investor in accordance with paragraph 2 hereof.
Such Tax Reliefs shall be for the benefit of the Relevant Investor, save to the extent that the transaction giving rise to the Tax Relief also resulted in a Tax Liability which is to be borne or shared by another Investor in accordance with paragraph 3 hereof.