Shareholder Blocking Rights definition

Shareholder Blocking Rights means any rights or ability (direct or indirect) of any owner or holder of any Capital Stock of any Credit Party to consent to, restrain, delay, impair or otherwise interfere with, the exercise of any of Agent’s rights or remedies under the Loan Documents or otherwise.
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Shareholder Blocking Rights means any rights of any owner (direct or indirect) of any Pledged Entity which, pursuant to the terms of any agreement or organizational document, has the right to consent, or the effect of requiring such consent, to any foreclosure by Lender under any Security Agreement or Pledge Agreement or otherwise to the exercise of any of Lender's rights and remedies thereunder or otherwise has the right to restrain, delay, impair or otherwise interfere with Lender in the event of Lender's exercise of its rights under any Security Agreement or Pledge Agreement.
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Shareholder Blocking Rights means any rights of any owner (direct or indirect) of any Stock of Borrower or any Subsidiary of Borrower which, pursuant to the terms of any agreement or organizational document (including, but not limited to articles or certificate of incorporation, bylaws, operating agreement, or partnership agreement), has the right to consent, or the effect of requiring such consent, to any foreclosure by the Agent under any pledge agreement or otherwise to the exercise of any of Agent’s rights and remedies thereunder or otherwise has the right to restrain, delay, impair or otherwise interfere with the Agent in the event of Agent’s exercise of its rights under a pledge agreement.
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Examples of Shareholder Blocking Rights in a sentence

  • No Borrower shall issue any Stock that grants or provides any direct or indirect owner thereof any Shareholder Blocking Rights.

  • No Credit Party shall issue any Capital Stock which grants or provides any direct or indirect owner or equityholder thereof any Shareholder Blocking Rights.

  • No owner or holder of any Capital Stock in any Credit Party has any Shareholder Blocking Rights.

  • No owner or holder of any equity or ownership interests in Borrower or any Subsidiary of Borrower has any Shareholder Blocking Rights.

  • No owner or holder of any Stock of any Loan Party has any Shareholder Blocking Rights.

  • Xxxxxx Confirmation No.: (000) 000-0000 Facsimile No.: (000) 000-0000 Kindly acknowledge your agreement with the terms of this Securities Account Control Agreement by signing the enclosed copy of this letter and returning it to the undersigned.

  • Issue any Stock which grants or provides any direct or indirect owner or equityholder thereof any Shareholder Blocking Rights.

  • No Credit Party shall issue or permit to be outstanding any Capital Stock which grants or provides any direct or indirect owner or holder thereof any Shareholder Blocking Rights.

Related to Shareholder Blocking Rights

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Shareholder Agreements has the meaning set forth in the recitals to this Agreement.

  • Shareholders Agreement has the meaning set forth in the recitals.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

  • Shareholder Rights Plan means the amended and restated shareholder rights plan agreement dated as of November 10, 2015 between Parent and American Stock Transfer and Trust Company, LLC, as rights agent, as amended and restated as of April 18, 2016, as further amended, restated, succeeded or replaced from time to time, and any similar plan adopted from time to time;

  • Shareholders' Agreements shall have the meaning provided in Section 5.05.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Shareholder Data means the transaction data with respect to Shareholders in a Fund requested by Company that a Financial Intermediary, for access and use by Company in the 22c-2 System, (i) delivers to BNYM by a Designated Method, or (ii) delivers to Company and is inputted into the Company Database by Company.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Locked-Up Shareholders means the Persons who are party to the Lock-Up Agreements.

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Shareholder Loan means a loan which is granted by an AIF to an undertaking in which it holds directly or indirectly at least 5 % of the capital or voting rights, and which cannot be sold to third parties independently of the capital instruments held by the AIF in the same undertaking;

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Stockholders Agreement means the Stockholders Agreement, dated as of the date hereof, by and among the Company and the other parties thereto.

  • Bidder from a country which shares a land border with India for the purpose of this Order means: -

  • Bidders from a country which shares a land border with India for the purpose of this Order means:

  • Target Shareholders means the holders of Target Shares;

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).