Transferring Unitholder definition

Transferring Unitholder has the meaning set forth in Section 9.2(b)(i).
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Transferring Unitholder means any Unitholder making a Transfer of any Units pursuant to the provisions of Article VIII.
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Transferring Unitholder has the meaning set forth in Section 3(b)(i).
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Examples of Transferring Unitholder in a sentence

  • Each Potential Participating Unitholder may elect to participate in the contemplated Transfer by delivering written notice (a “Tag-Along Notice”) to the Transferring Unitholder within fifteen (15) days after delivery of the Sale Notice.

  • If no Tag-Along Notice is delivered to the Transferring Unitholder within such fifteen (15) day period, none of the Potential Participating Unitholders shall have the right to participate in the Transfer, and the Transferring Unitholder shall have the right for a six (6) month period to transfer to the Proposed Purchaser up to the number of Units stated in the Sale Notice, on terms and conditions no more favorable to the Transferring Unitholder than those stated in the Sale Notice.

  • If the Company or MDCP has elected to purchase Class A Common Units hereunder, the Transfer of such Class A Common Units shall be consummated as soon as practical after the delivery of the election notice(s) to the Transferring Unitholder, but in any event within 90 days after delivery of the Offer Notice.

  • Notwithstanding the foregoing, if a Member electing to participate does not agree to execute and deliver or does not execute and deliver any documentation required by this Section 9.2(b) or otherwise requested by the Transferring Unitholder or the Proposed Purchaser in connection with the Transfer, such Member shall not be entitled to participate in the proposed Transfer.

  • Any decision by the Third Party Purchaser to reduce the number of Units included in the Tag Along Notice shall result in a corresponding pro rata reduction of the number of Units to be sold by each Transferring Unitholder and each other Unitholder, as applicable.

  • The Tag Along Right may be exercised by each other Principal Unitholder by delivery of a written notice to the Transferring Unitholder (the “Tag Along Exercise Notice”) within ten (10) days following receipt of the Tag Along Notice.

  • If a Unitholder does not elect, in the aggregate, to purchase all of the Offered Units from the Transferring Unitholder, the Transferring Unitholder shall have the right, within the 90 days following the Authorization Date, to Transfer the Offered Units not so purchased to the Transferee specified in the Offer Notice at a price not less than the price per Unit specified in the Offer Notice and on other terms no more favorable to the Transferee thereof than specified in the Offer Notice.

  • The tag-along rights provided by this Section 8.3 must be exercised by each Tagging Unitholder within 15 days following receipt of the notice required by the preceding sentence, by delivery of a written notice to the Transferring Unitholder as the case may be, indicating such Tagging Unitholder's desire to exercise its rights and specifying the number of Units it desires to sell.

  • If the proposed transferee fails to purchase Units from any Tagging Unitholder that has properly exercised its tag-along rights, then the Transferring Unitholder shall not be permitted to make the proposed transfer, and any such attempted transfer shall be void and of no effect.

  • If the Other Holders have not elected to participate in the contemplated Transfer (through notice to such effect or expiration of the 20-day period after delivery of the Sale Notice), then the Transferring Unitholder may Transfer the Units specified in the Sale Notice at a price and on terms no more favorable to the Transferee(s) thereof than specified in the Sale Notice during the 90-day period immediately following the date of the delivery of the Sale Notice.


More Definitions of Transferring Unitholder

Transferring Unitholder has the meaning set forth in Section 4.05(a).
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Transferring Unitholder has the meaning assigned to such term in Section 9.5(a).
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Transferring Unitholder shall have the meaning set forth in Section 10.5. “Treasury Regulations” means the income tax regulations promulgated under the Code. “Trigger Event” means the occurrence of one or more of the following events: (a) Ekbatani has, at any time, prior to his reinstatement to Medicare effective April 1, 2013, been determined by a court or Governmental Entity to have violated the terms of his exclusion from Medicare; (b) Other than in connection with United States x. Xxxxx, No. :99-cr-14015 (S.D. Fl. ) (the “Campo Matter”), Ekbatani has (i) pled guilty or nolo contendere to, or been convicted of, a misdemeanor or felony described in 42 U.S.C. §1320a- 7; or (ii) been determined by a court or Governmental Entity to have otherwise engaged in conduct that is grounds for mandatory exclusion or permissive exclusion, in each case, described in 42 U.S.C. §1320a-7; (c) Other than in connection with the Campo Matter, Ekbatani has, to the detriment (whether economic or otherwise) of the LLC or any of its Subsidiaries (or, by virtue of Ekbatani’s ownership in the LLC, the LLC or any of its
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Transferring Unitholder shall have the meaning set forth in Section 10.5.
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Transferring Unitholder is defined in Section 10.1(B).
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Transferring Unitholder shall have the meaning set forth in Section 8.3(a).
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Related to Transferring Unitholder

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Transferring Member has the meaning set forth in Section 9.4.

  • Transferring Party has the meaning given such term in Section 5.2(b).

  • Selling Member has the meaning set forth in Section 10.5(a).

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • LTIP Unitholder means a Partner that holds LTIP Units.

  • Transfer Shares has the meaning ascribed to such term in Section 6.2(a)

  • Common Unitholder means a Member who is the registered holder of Common Units.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • Disposing Member is defined in Section 4.1.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Unit Holder means a person holding units in the scheme of the Mutual Fund.

  • Class B Membership Interest means a Class B Membership Interest in Holdings.

  • Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.

  • Affiliated Redeeming Unitholder means an affiliated person or a promoter of or a principal underwriter for the Trust, or an affiliated person of such a person, promoter or principal underwriter. The terms "affiliated person," "promoter" and "principal underwriter" as used in the preceding sentence shall have the meanings assigned to each such term in the Investment Company Act of 1940, as amended.

  • Restricted Transfer means: 1.1.10.1 a transfer of Company Personal Data from any Company Group Member to a Contracted Processor; or 1.1.10.2 an onward transfer of Company Personal Data from a Contracted Processor to a Contracted Processor, or between two establishments of a Contracted Processor, in each case, where such transfer would be prohibited by Data Protection Laws (or by the terms of data transfer agreements put in place to address the data transfer restrictions of Data Protection Laws) in the absence of the Standard Contractual Clauses to be established under section [6.4.3 or] 12 below;

  • Other Holder has the meaning specified in Section 2.2(b).

  • Class B Member means a Member holding one or more Class B Ordinary Shares.

  • Founder means, in respect of an issuer, a person who,

  • Selling Shareholder has the meaning set forth in Section 3.04(a).