Examples of Transferee Shareholder in a sentence
Such Transferee Shareholder shall, following such Transfer, become responsible for all obligations applicable to the Shareholder under this Article II with respect to the Registrable Securities Transferred to such Transferee Shareholder.
Except as permitted under Section 2.05 hereof, if Shareholder desires to sell all or any part of his shares of capital stock of the Company (the "Tag-Along Shares") to a third-party purchaser (a "Proposed Transferee"), Shareholder shall provide to the Investors notice of such intention to sell and of the terms and conditions, including price, of such proposed sale.
For these purposes ‘reasonable steps’ includes the Transferee Shareholder or a Related Corporation providing the relevant third party beneficiary with a replacement guarantee or other arrangement (as the case may be) on terms the same or substantially the same as the terms of the existing Support Commitment.
Wynn Resorts and each Transferee Shareholder which is a Substantial Shareholder hereby undertakes to each Secured Party that it will comply with the covenants applicable to it set out or referred to in Schedule 1 (Covenants).
Subject to Clause 6.2.2, the undertaking in Clause 9.1 (Content) shall remain in force from the Signing Date until the Secured Obligations have been discharged in full or, in the case of any Transferee Shareholder which is a Substantial Shareholder, the earlier of the date on which it ceases to be a Substantial Shareholder and the date on which the Secured Obligations have been discharged in full.
Evidence acceptable to the Agent that at least fifty per cent (50%) of the membership interests of Solaia Shipping L.L.C. will, on the Share Transfer Date, be held and retained directly or indirectly by the Transferee Shareholder and that the Transferee Shareholder is a member of the Teekay LNG Group.
Upon the death of Xxxx, the Company shall have an Option to purchase for a period of nine (9) months from the later of (i) the date on which a personal representative is appointed, or (ii) if none is appointed, the date of Xxxx'x death, all, but not less than all, of the Shares held by Xxxx, his heirs, or his estate, or any Transferee Shareholder, at the price equal to and on the terms specified in Articles 4 and 5 hereof.
Wynn Resorts or any Transferee Shareholder which is a Substantial Shareholder makes to each Secured Party the representations and warranties set out in Schedule 4 (Representations and warranties) of the Common Terms Agreement insofar as they expressly relate to Wynn Resorts or to such Transferee Shareholder, in each case, as an Obligor or, to any of their respective assets, operations, businesses, prospects or other circumstances as at each of the dates specified in Clause 7.2 (Timing).
Subject to Clause 5.2.2, the undertaking in Clause 8.1 (Content) shall remain in force from the Signing Date until the Secured Obligations have been discharged in full or, in the case of any Transferee Shareholder which is a Substantial Shareholder, the earlier of the date on which it ceases to be a Substantial Shareholder and the date on which the Secured Obligations have been discharged in full.
Parent shall cooperate with any reasonable request by any "five-percent transferee shareholder" with respect to Parent within the meaning of the United States Treasury Regulation Section 1.367(a)-3(c)(5)(ii) (a "Five-Percent Transferee Shareholder"), in order for the Five-Percent Transferee Shareholder to be able to comply with the gain recognition agreement requirements of United States Treasury Regulation Section 1.367(a)-8, including the annual certification required thereunder.