Block holder Sample Clauses

A Block Holder clause defines the rights and obligations of a shareholder or entity that owns a significant portion of a company's shares, typically above a specified threshold. In practice, this clause may outline special voting rights, disclosure requirements, or restrictions on the transfer of shares for such shareholders. Its core function is to address the influence and responsibilities of major shareholders, ensuring transparency and protecting the interests of other stakeholders in the company.
Block holder the normal flight credits for the pairings that are missed as planned according to the schedule;
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Block holder the normal flight credits for the pairings that are missed as planned according to schedule. (a) Block holder: the normal flight credits for the pairings that are missed as planned according to schedule. Reserve block holder: the minimum daily credit for each reserve duty period that is held out of service. Partial block holder: the flight credits for the pairings that are missed or the mini- mum daily credit for each reserve duty period missed while held out of service. Bid period overlap: a Flight Attendant who is held out of service into the next bid period and who is not awarded a block shall receive daily standard credit until her date of return to duty. Credits Credits earned in excess of overtime Credits earned in excess of ninety (90) are overtime credits. All overtime credits accumulated in accordance with this section will be accredited at a rate of one point five (1.5)hours of credit for each over- time credit earned. Overtime credits shall not be applied to result in an over-projection. Natural Block Growth Natural Block Growth is the amount of time a Flight Attendant’s actual credit hours may exceed the scheduled credit hours during the course of flying an awarded block. Natural Block Growth shall include: (a) Flight time credits accrued above sched- ule. Credits accrued proceeding to and from additional beyond those, which the Flight Attendant was scheduled to fly. Duty time or trip hour guarantees that are accrued on the flight designated by the original flight number even if delayed. Note: A Flight Attendant who operates a part of a pairing, and is removed with pay and credits from the remainder of the pairing and who has accrued in the operated portion shall be paid and cred- ited for that growth in addition to the scheduled time and credits. When during the course of flying a sched- uled block, a Flight Attendant’s actual credit hours exceed ninety (90) credits the affected Flight Attendant may be released from all further duty. At the Flight ▇▇▇▇▇- ▇▇▇▇’▇ option, may continue to fly that exceeds ninety (90) hours will be paid at overtime rates as per Article
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Related to Block holder

  • Warrant Holder Not Shareholder This Warrant does not confer upon the holder hereof any right to vote or to consent or to receive notice as a shareholder of the Company, as such, in respect of any matters whatsoever, or any other rights or liabilities as a shareholder, prior to the exercise hereof as hereinbefore provided.

  • Holder The term “

  • Warrantholder not a Shareholder Except as may be specifically provided herein, nothing in this Indenture or in the holding of a Warrant Certificate, entitlement to a Warrant or otherwise, shall, in itself, confer or be construed as conferring upon a Warrantholder any right or interest whatsoever as a Shareholder, including, but not limited to, the right to vote at, to receive notice of, or to attend, meetings of Shareholders or any other proceedings of the Corporation, or the right to Dividends and other allocations.

  • Beneficial Owner; Holder Prior to due presentment for registration of transfer of any Warrant, the Company and the Warrant Agent may deem and treat the person in whose name that Warrant shall be registered on the Warrant Register (the “Holder”) as the absolute owner of such Warrant for purposes of any exercise thereof, and for all other purposes, and neither the Company nor the Warrant Agent shall be affected by any notice to the contrary. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Warrant Agent or any agent of the Company or the Warrant Agent from giving effect to any written certification, proxy or other authorization furnished by DTC governing the exercise of the rights of a holder of a beneficial interest in any Warrant. The rights of beneficial owners in a Warrant evidenced by the Global Certificate shall be exercised by the Holder or a Participant through the DTC system, except to the extent set forth herein or in the Global Certificate.

  • Stockholder Lock-Ups The Company has caused to be delivered to you prior to the date of this Agreement a letter, in the form of Exhibit A hereto (the “Lock-Up Agreement”), from each individual or entity listed on Schedule IV. The Company will enforce the terms of each Lock-Up Agreement and issue stop-transfer instructions to the transfer agent for the Common Stock with respect to any transaction or contemplated transaction that would constitute a breach of or default under the applicable Lock-Up Agreement.