Tier 1 Holder definition

Tier 1 Holder means any Company Security Holder that, as of the Effective Date, together with its Affiliates, owns Company Securities that represent at least 35% of the votes entitled to be cast by all Common Units and Preferred Units convertible into Common Units (calculated as a single class on an as-converted to Common Unit basis) and, for the avoidance of doubt, any Company Security Holder that is indicated as a Tier 1 Holder on Schedule A (each of which shall be a Tier 1 Holder from and after the Effective Date).
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Tier 1 Holder means any Company Security Holder that, as of the Effective Date, together with its Affiliates, owns Company Securities that represent at least 35% of the votes entitled to be cast by all Common Units and Preferred Units convertible into Common Units (calculated as a single class on an as-converted to Common Unit basis).
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Examples of Tier 1 Holder in a sentence

  • In the event that a Tier 1 Holder together with its Affiliates ceases to have the (and no longer has any) right to designate and appoint and has designated and appointed any Manager in accordance with Section 6.4(a)(i), then the then serving Tier 1 Manager shall no longer be a Tier 1 Manager and shall thereafter be subject to Section 6.4(a)(v) and such Manager’s removal shall thereafter be subject to this Section 6.5(a)(iv).

  • In the event that a Tier 1 Holder together with its Affiliates ceases to have the (and no longer has any) right to designate and appoint and has designated and appointed any Manager in accordance with Section 6.4(a), then the then serving Tier 1 Manager shall no longer be a Tier 1 Manager and shall thereafter be subject to Section 6.4(a)(v) and such Manager’s removal shall thereafter be subject to this Section 6.5(a)(iv).

Related to Tier 1 Holder

  • Note A-1-1 Holder means the Initial Note A-1-1 Holder or any subsequent holder of Note A-1-1, as applicable.

  • Note A-2-1 Holder means the Initial Note A-2-1 Holder or any subsequent holder of Note A-2-1, as applicable.

  • Note A-1 Holder means the Initial Note A-1 Holder or any subsequent holder of Note A-1, as applicable.

  • Initial Note A-1-1 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-2-1 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Note A-1-2 Holder means the Initial Note A-1-2 Holder or any subsequent holder of Note A-1-2, as applicable.

  • Initial Note A-1 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Note A-2-2 Holder means the Initial Note A-2-2 Holder or any subsequent holder of Note A-2-2, as applicable.

  • Note A-2 Holder means the Initial Note A-2 Holder or any subsequent holder of Note A-2, as applicable.

  • Initial Note B-1 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Effective FTR Holder means:

  • Initial Note A-1-2 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-2-2 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-2 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Note A-3 Holder means the Initial Note A-3 Holder or any subsequent holder of Note A-3, as applicable.

  • Qualifying Holder shall have the meaning ascribed thereto in Section 12 hereof.

  • Initial Note A-3 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

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

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Deceased Holder Not applicable.

  • Note A-8 Holder means the Initial Note A-8 Holder or any subsequent holder of Note A-8, as applicable.

  • Eligible Stockholder means a person who has either (1) been a record holder of the shares of common stock of the Corporation used to satisfy the eligibility requirements in Section 3.2(d) continuously for the required three-year period or (2) provides to the Secretary of the Corporation, within the time period referred to in Section 3.2(e), evidence of continuous Ownership of such shares for such three-year period from one or more securities intermediaries.

  • Initial Investor Interest means $750,000,000.

  • Note A-6 Holder means the Initial Note A-6 Holder or any subsequent holder of Note A-6, as applicable.

  • Drug-dependent person means a person who is using a

  • Series B Holder means a Record Holder of the Series B Preferred Units.