Examples of Unaffiliated Holder in a sentence
The Corporation shall, as soon as practicable after receiving notice of such a transfer, issue and deliver to the Unaffiliated Holder in exchange for the transferred shares of Series B Common, a certificate or certificates for the number of shares of Common Stock to which it shall be entitled as aforesaid.
Upon the transfer by sale or gift or other means of irrevocable transfer of any of the outstanding shares of Series B Common to any person, corporation, trust or other entity which is an Unaffiliated Holder (as defined below), the transferred shares of Series B Common shall be automatically converted into an equal number of shares of Common Stock.
Executive is willing, in consideration of the covenants hereinafter provided, to continue to be employed by the Company in the capacity of Vice President and to render services incident to such position during the term of this Agreement.
Any Unaffiliated Holder to which this Note is to be transferred shall be a third-party beneficiary for the purposes of this Section 10(b)(ii).
Each holder of Shares other than BIR or any affiliate of BIR (each, an "Unaffiliated Holder") is intended to be and is expressly made a third party beneficiary of this Agreement, and each Unaffiliated Holder is expressly permitted to enforce all of the provisions hereunder as if each was a party hereto.
Each holder of Shares other than BIR or any affiliate of BIR (each, an “UNAFFILIATED HOLDER”) is intended to be and is expressly made a third party beneficiary of this Agreement, and each Unaffiliated Holder is expressly permitted to enforce all of the provisions hereunder as if each was a party hereto.
The proxy granted hereby shall terminate with respect to any Shares transferred to any party that is an Unaffiliated Holder, effective upon consummation of such transfer.
The Company may not sell or assign this Agreement, any Transaction Document or any other agreement with Purchasers, or any portion thereof, either voluntarily or by operation of law, nor delegate any of its duties of obligations hereunder or thereunder, without the prior written consent of Purchasers, which consent may be withheld or conditioned in Purchasers’ sole and absolute discretion.
The FDA CVR Register shall indicate whether a Holder is an Accredited Unaffiliated Holder or an Affiliated Holder.
Upon the transfer by sale or gift or other means of irrevocable transfer of any of the outstanding shares of Series B Common Stock to any person, corporation, trust or other entity which is an Unaffiliated Holder (as defined below) the transferred shares of Series B Common shall be automatically converted into an equal number of shares of Common Stock.