Excepted Holders Sample Clauses
Excepted Holders. No Excepted Holder or Section 382 Excepted Holder shall Beneficially Own or directly or indirectly own shares of Capital Stock in excess of any Excepted Holder Limit applicable to such Excepted Holder or Section 382 Excepted Holder.
Excepted Holders. The Board of Directors, in its sole discretion, may exempt (proactively or retroactively) a Person from the restrictions contained in Section (C) of this Article 4, as the case may be. The Board of Directors may establish or increase an Excepted Holder Limit for such Person as the Board of Directors determines to be appropriate, taking into account any representations, covenants and undertakings as such Person may provide to the Corporation.
Excepted Holders