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Remaining Owners definition

Remaining Owners shall have the meaning specified in Section 10.4(a).
Remaining Owners has the meaning set forth in Section 2.01(a). “Representative” means, with respect to an Owner or Spouse, all legatees, heirs, trustees, curators, conservators, executors, administrators, personal representatives and all persons or agents authorized by any proper court or pursuant to any valid power of attorney, of the Owner or a Spouse.
Remaining Owners means (i) the Xxxxxx Holdings Owners who are employed by the Company or any Subsidiary at an Allocation Date, (ii) the Retired Owners and (iii) the Deceased Owners.

Examples of Remaining Owners in a sentence

  • The closing of any Transfer pursuant to the exercise of the Right of First Refusal shall occur within sixty (60) days after the delivery of the Transfer Notice to the Remaining Owners.

  • Such Notice shall contain the approximate proposed date of disposition of such Transfer Share, the terms and conditions of the disposition to the Proposed Transferees, and the terms and conditions under which such Owner would sell such Transfer Share to the Remaining Owners (including, without limitation, the right to purchase for cash), which shall be at least as favorable to the Remaining Owners as the terms and conditions offered by the Proposed Transferee.

  • The Owner desiring to dispose of its Transfer Share shall also provide the Remaining Owners with a copy of any bona fide offer, which the departing Owner desires to accept.

  • If that situation cannot be remedied within 180 days after the Triggering Event occurred, then, at the end of that 180-day period, Corporation's obligation to purchase and pay for any such Stock shall be assumed proportionately by the Remaining Owners.

  • In the absence of any such written agreement, these Remaining Owners shall share the Death Option in accordance with the percentage of the Interests of each Remaining Owner in the class of Interests as the Deceased Owner as of the date of commencement of the Death Options pursuant to Section 2.01(a) shall bear to the total percentage Interests of all Remaining Owners of the same class of Interests as the Deceased Owner as of the date of commencement of the Death Options who exercise the Death Option.

  • The Remaining Owners shall have the first right (“Right of First Refusal”), exercisable within twenty (20) days after receipt of the Transfer Notice by delivery of notice to the Selling Owner, to consummate the Transfer on the terms and conditions stated in the Transfer Notice.

  • If the Remaining Owner(s) fails to exercise the Death Option within the one hundred eighty (180) day time period, then the Entity shall purchase the Interests of the Deceased Owner and his Spouse within ninety (90) days of the end of the Death Option Period or receipt of notice of all of the Remaining Owners’ decisions not to exercise the Death Option, whichever first occurs, to purchase all of the Interests of the Deceased Owner and his Spouse.

  • The ratings graphic of Figure 1 shall be oriented on the tire tread surface with lines of type running perpendicular to the tread circumference.

  • Corporation shall have the option to --------------------- purchase all or any shares of the Stock owned by the Affected Owner on the date the Triggering Event occurred, for the Purchase Price (as defined in Section 8) and on the Payment Terms (as defined in Section 9), by giving notice, within 60 days after the date of the Notice, to the Affected Owner (or his personal representative) and to the Remaining Owners of the exercise of its option.

  • If Corporation is prohibited by law or agreement from purchasing and paying for any such Stock, then the Remaining Owners shall use their reasonable best efforts to remedy that situation provided that the Remaining Owners shall not be required to contribute capital or loan funds to remedy the situation.


More Definitions of Remaining Owners

Remaining Owners means all Owners except the Seller;
Remaining Owners shall have the meaning set forth in Section 5.1.

Related to Remaining Owners

  • Qualifying Owners means GIP and its Subsidiaries.

  • Managing Owner as used in this Section 4.7 shall include, in addition to the Managing Owner, any other Covered Person performing services on behalf of the Trust and acting within the scope of the Managing Owner’s authority as set forth in this Trust Agreement.

  • Existing Owner means a Person who is the beneficial owner of Notes; provided, however, that for purposes of conducting an Auction, the Auction Agent may consider a Broker-Dealer acting on behalf of its customer as an Existing Owner.

  • Remaining Members has the meaning set forth in Section 11.2.

  • Building Owner means the owner of record of a building. In the case of a building held in cooperative or condominium form of ownership, the term “Building Owner” shall refer to the board of managers, board of directors, homeowners association, or other representative body of the jointly-owned building with authority to make decisions about building assessments and alterations.

  • Participating Class Members means all Class Members who do not submit valid

  • Participating Class Member means a Class Member who does not submit a valid and timely Request for Exclusion from the Settlement.

  • Participating Entities and “Participating Entity” are defined on the Coversheet.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Subscription Period means the duration of Customer’s authorized use of the Subscription Services as designated in the Order.

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;

  • Non-Participating Class Member means any Class Member who opts out of the Settlement by sending the Administrator a valid and timely Request for Exclusion.

  • participating class means a class of shares title to which is permitted by an Operator to be transferred by means of a relevant system;

  • Liquidating Trust Assets means the assets of a Debtor or Debtor-Controlled Entity to be transferred to a Liquidating Trust as may be determined by the Plan Administrator, which shall be described in a Liquidating Trust Agreement.

  • Rights Offering Participants means those Persons who duly subscribe for Rights Offering Shares in accordance with the Rights Offering Procedures.

  • Participating Entity means a state (as well as the District of Columbia and US territories), city, county, district, other political subdivision of a State, or a nonprofit organization under the laws of some states properly authorized to enter into a Participating Addendum, that has executed a Participating Addendum.

  • Initial Subscription Term the initial term of Your Subscription as agreed in the Order which commences on the date of acceptance of the Order or as otherwise agreed to by the parties.

  • Certificateholders shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee shall be required to recognize as a "Holder" or "Certificateholder" only the Person in whose name a Certificate is registered in the Certificate Register.

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;

  • Authorized Participant means a Person that, at the time of submitting a Purchase Order or a Redemption Order (i) is a registered broker-dealer, (ii) is a DTC Participant or an Indirect Participant and (iii) has in effect a valid Authorized Participant Agreement.

  • User Subscriptions means the user subscriptions purchased by the Customer and set out in the Subscription Order Form which entitle Authorised Users to access and use the Services in accordance with this Agreement.

  • Subscription Day means every Business Day provided that the Management Company may with the prior written consent of the Trustee and upon giving not less than seven (7) days notice in the two (2) widely circulated English and Urdu newspapers declare any particular Business Day or days not to be a Subscription Day.

  • Minimum Subsequent Subscription means, in relation to the Euro RDR ‘Retail’ Hedged

  • Class B Certificateholder means the Person in whose name a Class B Certificate is registered in the Certificate Register.

  • Controlling Class Certificateholder Each Holder (or Certificate Owner, if applicable) of a Certificate of the Controlling Class as determined by the Certificate Administrator from time to time.