Subsequent Holder definition

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

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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.

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.

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).

• 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.

• If any Initial Holder transfers all or any of its Notes to any person (a “Subsequent Holder”) other than an Affiliate in accordance with the foregoing sentence, such Subsequent Holder shall not be granted any Preemptive Rights under this Article XV.

• Notwithstanding the foregoing, to the extent that after an exchange the Purchaser or any Subsequent Holder would own more than 9.9% of the total Company Common Shares issued and outstanding, the number of Company Common Shares that will be entitled to vote will be limited to that number that would equal no more than 9.9% of the total Company Common Shares issued and outstanding, unless such voting restriction is waived by the unanimous consent of the Board of Directors of the Company.

• Upon written request, the Company and Max Re shall execute and deliver to any such Subsequent Holder agreements granting the rights conferred under this Section 7.

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

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 or entity to whom the Partnership has granted or does grant registration rights other than the Holders and Priority Holders.

Subsequent Holder shall have the meaning set forth in the preamble of this Agreement.

Subsequent Holder. All references to Lender in this Note shall also refer to any subsequent owner or holder of this Note by transfer, assignment, endorsement, or otherwise.