Common use of Meaning of Certain Terms Clause in Contracts

Meaning of Certain Terms. As used herein, the term "Legal ------------------------ Representative" shall include an executor, administrator, legal representative, beneficiary or similar person and the term "Permitted Transferee" shall include any transferee (i) pursuant to a transfer permitted under Section 3.1(a) hereof or (ii) designated pursuant to beneficiary designation procedures which may be approved by the Company.

Appears in 14 contracts

Samples: Qualified Stock Option Agreement (Patriot American Hospitality Inc/De), Qualified Stock Option Agreement (Patriot American Hospitality Inc/De), Qualified Stock Option Agreement (Patriot American Hospitality Inc/De)

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Meaning of Certain Terms. As used herein, the term "Legal ------------------------ ----- Representative" shall include an executor, administrator, legal representative, beneficiary -------------- guardian or similar person and the term "Permitted Transferee" shall include any -------------------- transferee (i) pursuant to a transfer permitted under Section 3.1(a) 6.4 of the Plan and Section 3.1 hereof or (ii) designated pursuant to beneficiary designation procedures which may be approved by the Company.

Appears in 9 contracts

Samples: Electric Company Stock Option Agreement (El Paso Electric Co /Tx/), Paso Electric Company Stock Option Agreement (El Paso Electric Co /Tx/), Electric Company Stock Option Agreement (El Paso Electric Co /Tx/)

Meaning of Certain Terms. (a) As used herein, the term "Legal ------------------------ Representative" shall include an executor, administrator, legal representative, beneficiary or similar person and the term "Permitted Transferee" shall include any transferee (i) pursuant to a transfer permitted under Section 3.1(a) 4.4 of the Plan and Section 3.1 hereof or (ii) designated pursuant to beneficiary designation procedures which may be approved by the Company.

Appears in 7 contracts

Samples: Employment Agreement (Starwood Lodging Corp), Non Qualified Stock Option Agreement (Starwood Hotels & Resorts), Non Qualified Stock Option Agreement (Starwood Hotels & Resorts)

Meaning of Certain Terms. As used herein, the term "Legal ------------------------ Representative" shall include an executor, administrator, legal representative, beneficiary guardian or similar person and the term "Permitted Transferee" shall include any transferee (i) pursuant to a transfer permitted under Section 3.1(a) 6.4 of the Plan and Section 3.1 hereof or (ii) designated pursuant to beneficiary designation procedures which may be approved by the Company.

Appears in 4 contracts

Samples: Electric Company Stock Option Agreement (El Paso Electric Co /Tx/), Electric Company Stock Option Agreement (El Paso Electric Co /Tx/), Electric Company Stock Option Agreement (El Paso Electric Co /Tx/)

Meaning of Certain Terms. As used herein, the term "Legal ------------------------ Representative" shall include an executor, administrator, legal representative, beneficiary or similar person legally authorized to act on behalf of the Optionee and the term "Permitted Transferee" shall include any transferee (i) pursuant to a transfer permitted under Section 3.1(a) hereof or (ii) designated pursuant to beneficiary designation procedures which may be approved by the Company.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Starwood Hotel & Resorts Worldwide Inc), Starwood Hotel & Resorts Worldwide Inc, Starwood Hotels & Resorts

Meaning of Certain Terms. (a) As used herein, the term "Legal ------------------------ Representative" shall include an executor, administrator, legal representative, beneficiary or similar person and the term "Permitted Transferee" shall include any transferee (i) pursuant to a transfer permitted under the Plan and Section 3.1(a) 3.1 hereof or (ii) designated pursuant to beneficiary designation procedures which may be approved by the Company.

Appears in 2 contracts

Samples: Employment Agreement (TTR Inc), Employment Agreement (TTR Inc)

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Meaning of Certain Terms. As used herein, the term "Legal ------------------------ Representative" shall include an executor, administrator, legal representative, beneficiary or similar person legally authorized to act on behalf of the Optionee and the term "Permitted Transferee" shall include any transferee (i) pursuant to a transfer permitted under Section 3.1(a) hereof or (ii) designated pursuant to beneficiary designation procedures which may be approved by the Company.

Appears in 2 contracts

Samples: Starwood Hotel & Resorts Worldwide Inc, Starwood Hotels & Resorts

Meaning of Certain Terms. As used herein, the term "Legal ------------------------ Representative" shall include an executor, administrator, legal representative, beneficiary or similar person legally authorized to act on behalf of the Optionee, and the term "Permitted Transferee" shall include any transferee (i) pursuant to a transfer permitted under Section 3.1(a) hereof or (ii) designated pursuant to beneficiary designation procedures which may be approved by the Company. References in this Agreement to sections of the Code shall be deemed to refer to any successor section of the Code or any successor internal revenue law.

Appears in 2 contracts

Samples: Incentive Compensation Plan (Starwood Hotel & Resorts Worldwide Inc), Starwood Hotel & Resorts Worldwide Inc

Meaning of Certain Terms. As used herein, the term "Legal ------------------------ Representative" shall include an executor, administrator, legal representative, beneficiary or similar person legally authorized to act on behalf of the Optionee and the term "Permitted Transferee" shall include any transferee (i) pursuant to a transfer permitted under Section 3.1(a) 6.9 of the Plan and Section 3.1 hereof or (ii) designated pursuant to beneficiary designation procedures which may be approved by the Company.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Starwood Hotel & Resorts Worldwide Inc)

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