Significant Interest Holder definition

Significant Interest Holder means, as of any date of determination, a holder of more than [5]% of the then outstanding aggregate number of Vested Membership Interests (either individually, or together with such holder’s Affiliates and Related Funds) that has agreed in writing to be bound by the terms and conditions of this Agreement; provided, however, each Specified Initial Interest Holder shall be deemed a Significant Interest Holder regardless of whether it actually holds more than [5]% of the then outstanding Membership Interests; provided that no Transferee of a Specified Initial Interest Holder (other than a Transferee included in the definition of Specified Initial Interest Holder under this Agreement) shall be deemed a Significant Interest Holder unless such Person meets the [5]% threshold set forth in this definition.
Sample 1Sample 2
Significant Interest Holder means, at the time of determination, (a) Xxxxxx Road (including its respective affiliates, subsidiaries and related funds or accounts), for so long as Xxxxxx Road holds at least 75% of the Shares held by Xxxxxx Road as of the date hereof, (b) each Schedule II Stockholder, so long as such Schedule II Stockholder holds at least 75% of the Shares held by such Schedule II Stockholder as of the date hereof and (c) the holders, as of the date hereof and set forth on Schedule I as of the date hereof, of the Plan Warrants, for so long as such holders or their Affiliates, in the aggregate, hold Plan Warrant Shares and shares of Common Stock received upon exercise of Plan Warrants representing, in the aggregate, more 50% of the Plan Warrant Shares as of the date hereof; provided that the Named Holder for the Significant Interest Holder defined in clause (c) will be Xxxxxx Road Asset Management LLC.
Sample 1
Significant Interest Holder means, at the time of determination, (a) Xxxxxx Road (including its respective affiliates, subsidiaries and related funds or accounts), for so long as Xxxxxx Road holds at least 75% of the New Common Equity held by Xxxxxx Road as of the Plan Effective Date, and (b) each Consenting Senior Noteholder (including each of its respective affiliates, subsidiaries and related funds or accounts), so long as such Consenting Senior Noteholder holds at least 75% of the New Common Equity held by such Consenting Senior Noteholder as of the Plan Effective Date.
Sample 1

Examples of Significant Interest Holder in a sentence

  • If NGR Management does not elect to purchase all of the Offered Membership Interests, then within [ ] days following receipt by NGR Management of the Offer Notice it will notify each Significant Interest Holder of such fact.

  • Each Significant Interest Holder shall take all actions as may be reasonably necessary to consummate the sale contemplated by this Section 9.2 including, without limitation, entering into agreements and delivering certificates and instruments and consents as may be deemed necessary or appropriate.

  • For the avoidance of any doubt, the rights of any Significant Interest Holder under the Shareholder Agreement are not transferrable to any entity other than an affiliate of such Significant Interest Holder or an account or fund managed, advised, or sub-advised by such Significant Interest Holder.

  • If a Drag-Along Sale involves a sale or exchange of the New Common Equity (including pursuant to a merger), then each Significant Interest Holder will transfer its New Common Equity on the same terms and conditions applicable to the Drag-Along Seller.

  • Each Significant Interest Holder will have the right to participate on a pro rata basis in any registered public offering initiated by the Reorganized Debtors (or by parties exercising demand registration rights, including the Plan Sponsors), subject to underwriter cutbacks, lockups and other customary exceptions or limitations to be agreed upon by the Required Consenting Senior Noteholders.

  • Each Significant Interest Holder will consent to, vote in favor of, raise no objection to and waive any appraisal rights in connection with such Drag-Along Sale.

  • Each Significant Interest Holder will have the right to participate on a pro rata basis in any registered public offering initiated by the Reorganized Debtors (or by parties exercising demand registration rights, including the Plan Sponsors), subject to underwriter cutbacks, lockups and other customary exceptions or limitations to be agreed upon by Xxxxxx Road and the Required Consenting Senior Noteholders.

  • NGR Management and each Significant Interest Holder shall have a right of first refusal if any other Member (the “Transferring Member”), receives an offer from an Independent Third Party that the Transferring Member desires to accept to purchase all or any portion of the Membership Interests owned by the Transferring Member (the “Offered Membership Interests”).

  • Any such notices will be delivered to, and the obligations under this Section 5.2 will be deemed to be satisfied when such notices are delivered to, the Named Holder (as defined in the Stockholders Agreement, including, for the avoidance of doubt, in the definition of Significant Interest Holder) for Registered Holders, if applicable, initially being Xxxxxx Road Asset Management LLC.

  • The Shareholder Agreement shall provide, among other things, as follows: (a) Until the earliest to occur of (X) a sale of all or substantially all of the assets of the Company and its subsidiaries, (Y) an IPO, and (Z) the reorganized Parent Debtor otherwise commencing to file periodic reports with the SEC, each Significant Interest Holder will be entitled to receive or participate in (as applicable): i.


More Definitions of Significant Interest Holder

Significant Interest Holder shall refer to, at the time of determination, each of the Consenting Senior Noteholders (including their respective affiliates, subsidiaries and related funds or accounts) so long as such holder holds at least 75% of the New Common Equity held by such holder as of the Plan Effective Date.
Sample 1

Related to Significant Interest Holder

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Significant Holder means (i) each Purchaser, so long as it shall hold (or be committed under this Agreement to purchase) any Note, or (ii) any other holder of at least 5% of the aggregate principal amount of the Notes from time to time outstanding.

  • Bona fide member means an individual who participates in activities of a qualified organization

  • Class B operator means the individual who has day-to-day responsibility for implementing applicable regulatory requirements established by the department. The Class B operator typically implements in-field aspects of operation, maintenance, and associated record keeping for the UST systems.

  • Consenting working interest owner means any working interest owner who enters into an agreement with SWN pertaining to the operation of the Posey B Unit.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Working interest owner means a person or the estate of a person who owns an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense. “Working interest owner” does not include an unleased mineral owner.

  • Intimate partner means: (a) Spouses, or domestic partners; (b) former spouses, or former domestic partners; (c) persons who have a child in common regardless of whether they have been married or have lived together at any time; (d) adult persons presently or previously residing together who have or have had a dating relationship; (e) persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship; and (f) persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship.

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.

  • Executive Member means any elected member of the authority appointed to the executive of that authority;

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • 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.

  • Unit Holder means a person holding units in the scheme of the Mutual Fund.

  • Retained Interest Holder Not applicable.

  • Faculty member means any person hired by the college or District to conduct classroom or teaching activities or who is otherwise considered by the college to be a member of faculty.

  • Competing Entity means any entity or person that is engaged, directly or indirectly, in a Competitive Business.

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • Limited Partner means, prior to the admission of the first Additional Limited Partner to the Partnership, the Initial Limited Partner, and thereafter any Person named as a Limited Partner in Exhibit A, as such Exhibit may be amended from time to time, upon the execution and delivery by such Person of an additional limited partner signature page, or any Substituted Limited Partner or Additional Limited Partner, in such Person’s capacity as a Limited Partner of the Partnership.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of the Act.

  • Class C operator means the individual responsible for initially addressing emergencies presented by a spill or release from an UST system. The Class C operator typically controls or monitors the dispensing or sale of regulated substances.

  • Permit Holder means the Person to whom a Building Permit has been issued.

  • Class B Holder means the Person in whose name a Class B Certificate is registered in the Certificate Register, except that, solely for the purpose of giving any consent, request or waiver pursuant to this Agreement, the interest evidenced by any Class B Certificate registered in the name of the Transferor, Servicer, or any Person actually known to an Authorized Officer of Trustee to be an Affiliate of the Transferor or Servicer, shall not be taken into account in determining whether the requisite percentage necessary to effect any such consent, request or waiver shall have been obtained.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Substantial Holder means a Person (including, without limitation, any group of Persons treated as a single “entity” within the meaning of the Treasury Regulation Section 1.382-3) holding Corporation Securities, whether as of the Effective Date, after giving effect to the Plan, or thereafter, representing a Percentage Stock Ownership (including indirect ownership, as determined under applicable Treasury Regulations) in the Corporation of at least 4.75%.

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;