TRA Right definition

TRA Right means a non-transferable right to receive, when, as and if received by Veritas or its Affiliates, a stockholder's Pro Rata Portion of the TRA Amount.
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TRA Right in Section 1.11(a)(xxi) of the Merger Agreement is hereby restated in its entirety as follows:
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TRA Right means a non-transferable right to receive from Veritas, when, as and if received by Veritas or its Affiliates, a stockholder's Pro Rata Portion of the TRA Amount as reduced pursuant to Section 5.15(e)(ii)(x) and (y) hereof and subject to Section 5.15(e)(i) hereof."
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Examples of TRA Right in a sentence

  • Washington, DC: U.S. Government Printing Office.U.S. Department of the Army.


More Definitions of TRA Right

TRA Right means the Company’s right to payments from Xxxxxxx & Xxxxxx pursuant to the TRA.
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TRA Right means a right representing an interest in the rights of the TRA Holders under this agreement, including the right to receive a Tax Benefit Payment. The aggregate number of TRA Rights hereunder shall be the Aggregate TRA Rights, each of which shall be held as of the date hereof by the Initial TRA Holder. After the date hereof, if the number of outstanding Units shall have been changed into a different number of units or a different class, by reason of any distribution, subdivision, reclassification, recapitalization, split, combination or exchange, or any similar event, then the number of TRA Rights held by each TRA Holder and the Aggregate TRA Rights will each be equitably adjusted to reflect such change.
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TRA Right means the Company’s right to payments from Manning & Napier pursuant to the TRA.
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Related to TRA Right

  • Distributed Right has the meaning set forth in the definition of “Adjustment Factor.”

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Put Right has the meaning set forth in Section 8.05(a).

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Membership Unit means a Membership Common Unit, a Company Preferred Unit, a Company Junior Unit or any other fractional share of the Membership Interests that the Managing Member has authorized pursuant to Section 4.1 or Section 4.2 hereof.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Exchange Right has the meaning ascribed thereto in Section 5.1;

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • DWAC Shares means shares of Common Stock that are (i) issued in electronic form, (ii) freely tradable and transferable and without restriction on resale and (iii) timely credited by the Company to the Investor’s or its designee’s specified Deposit/Withdrawal at Custodian (DWAC) account with DTC under its Fast Automated Securities Transfer (FAST) Program, or any similar program hereafter adopted by DTC performing substantially the same function.

  • Drag-Along Right has the meaning set forth in Section 8.6(a).

  • Retraction Call Right has the meaning ascribed thereto in the Exchangeable Share Provisions.

  • Retracted Shares has the meaning ascribed thereto in Section 5.7;

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Retained Shares has the meaning set forth in the recitals.

  • RSU Shares means shares of Common Stock that underlie an RSU.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Sold Shares shall have the meaning specified in Section 6.

  • Company Shares has the meaning set forth in the Recitals.

  • Rights Holder means the holder of the Call Rights.