Subsequent Holder definition

Subsequent Holder has the meaning ascribed to such term in Section 8.04.

Subsequent Holder means each Person holding an aggregate principal amount of Notes of not less than $10,000,000.00 that accedes to this Agreement after the date hereof either before or after the Closing; provided, however, that the total aggregate principal amount of Notes held by all Subsequent Holders shall not exceed $100,000,000.00.

Subsequent Holder. Any holder of a Class A Note that is considered to own such Class A Note for U.S. income tax purposes and is not the sole Equity Owner.

Examples of Subsequent Holder in a sentence

• If the Lease is terminated as a result of a non-monetary default which was not caused by Manager Event of Default pursuant to the terms of this Agreement or such Subsequent Holder succeeds to the interest of Owner thereunder, the Mortgagee or Subsequent Holder, as applicable, and Manager shall agree that the Hotel will continue to be subject to this Agreement (but neither the Mortgagee nor Subsequent Holder will not be responsible to pay past due amounts hereunder).

• Oberbeck agrees that she will not Dispose of the Shares to a Permitted Transferee or a Subsequent Holder without first obtaining their written agreement to comply with this Section 6 and the other provisions of this Agreement and otherwise agrees to take any action that may be reasonably requested Mr. Oberbeck to ensure that a Permitted Transferee or a Subsequent Holder abides by the terms hereof in connection with any Disposition of Shares.

• The Partnership shall exchange such Subsequent Holder’s Investor Units within 10 Business Days after each request for such exchange by a Subsequent Holder.

• In addition, and whether or not any express assignment shall have been made, the provisions of this Agreement which are for the benefit of the Holders shall also be for the benefit of and enforceable by any subsequent holder ("Subsequent Holders") of any Registrable Shares, except any Subsequent Holder with respect to Registrable Shares acquired in a public offering pursuant to a Registration Statement or an exemption from registration under Rule 144 under the Securities Act.

• Each Subsequent Holder, upon executing an Additional Counterpart to this Agreement, shall become a Holder hereunder and shall share in all the rights and obligations of the other Holders under this Agreement.

More Definitions of Subsequent Holder

Subsequent Holder is defined in Section 11(c).

Subsequent Holder. Any holder of a Note that is considered to own such Note for U.S. income tax purposes and is not the sole Equity Owner.

Subsequent Holder means any transferee of an Initial Holder who has been assigned the rights of the transferor Initial Holder under this Agreement in accordance with Section 2.8; provided, however, that such direct or indirect transferee does not meet the requirements to be an Initial Holder.

Subsequent Holder means any Person that holds any Series A Preferred Stock (other than an Initial Holder or an Affiliate of an Initial Holder).

Subsequent Holder means each or any Person which is a direct or indirect transferee of any of the rights, interests and/or benefits of Lessor under this Guarantee.

Subsequent Holder means any person or entity to whom the Partnership has granted or does grant registration rights other than the Holders and Priority Holders.

Subsequent Holder has the meaning ascribed to such term in Section 2.01(b).