Minimum Holding Sample Clauses

Minimum Holding. For so long as the Nominator Parties collectively beneficially own at least 10% of the issued and outstanding Shares, the Nominator Parties will collectively have the right to nominate and have appointed nominee Directors to the Board (each a Nominee Director) in accordance with this clause 3.
AutoNDA by SimpleDocs
Minimum Holding. Grantee agrees that any shares of Common Stock issued pursuant to this Agreement and pursuant to the 2023 Chapter 11 Emergence Grant Performance-Based Restricted Stock Unit Agreement issued to Grantee on or around the date of this Agreement (the “MIP Shares”) shall be subject to the holding requirement set forth in the table below. Until the holding requirement is met, Grantee shall refrain from disposing any of the MIP Shares. Any shares sold pursuant to Section 7 of this Agreement to satisfy tax withholding obligations shall be excluded from the calculation of the holding requirements under this Section 16. Date Holding Requirement of shares of MIP Shares December 31, 2025 75% December 31, 2026 60% December 31, 2027 50% NATIONAL CINEMEDIA, INC. By: _________________________________ Xxxxxx Xx Chief Financial Officer Schedule A Automatic Sale Instructions The undersigned hereby consents and agrees that any taxes due on a vesting date as a result of the vesting of Restricted Stock Units (“RSUs") on such date shall be paid through an automatic sale of shares as follows:
Minimum Holding. The Issuer may at any time give notice to any Holder holding less than the Minimum Number that such Holder’s holding is less than the Minimum Number and that, unless the Holder notifies the Issuer in writing within such reasonable period as is specified in the notice (being not less than three months) of such Holder's objection, the provisions of clause 21.6 shall apply.
Minimum Holding. An Investor holding a Note series in an account maintained with CIBC Wood Gundy may not sell such Note prior to maturity if any such sale should result in the Investor holding less than 500 Notes of such Note series, unless the Investor chooses to sell all Notes of the same Note series. Accounts maintained with dealers other than CIBC Wood Gundy may be subject to similar or different requirements.
Minimum Holding. 7.5 If compliance with a redemption notice would result in - TRUST LIQUID the Member holding Units having a value less than the then current minimum application amount, the Manager may treat the redemption notice as relating to the Member's entire holding of Units.
Minimum Holding. Each of the Investors and the Company --------------- acknowledge and agree that Siemens Aktiengesellschaft ("Siemens") shall, in addition to any rights it may have under the Purchase Right but subject to the limitations set forth in Sections 3.2 and 3.3 below, be entitled to acquire from the Company, on the terms set forth in this Section 3, an amount of Equity Securities of the Company (the "Maintenance Right") which allows Siemens to continue to hold not less than ten percent (10%) of the Equity Securities of the Company (the "Minimum Holding"). In the event that the Company issues Equity Securities after the date of this Agreement which issuance results in Siemens' holding less than the Minimum Holding, then, provided that Siemens has exercised the Purchase Right provided for in Section 2 to the fullest extent allowed, the Company shall allow Siemens to purchase additional Series C Shares (or, in the event that the Company does not have sufficient authorized Series C Shares, an Equity Security with substantially similar rights, preferences and privileges to the Series C Shares) sufficient to allow it to maintain the Minimum Holding. The purchase price and other terms and conditions applicable to the purchase of Equity Securities to be acquired upon exercise of the Maintenance Right shall be no less favorable to the Company than the price and terms applicable to the sale of the Series C Shares pursuant to the Series C Agreement. In the event that the purchase price and other terms and conditions applicable to the issuance of Equity Securities which triggers the Maintenance Right are more favorable to the Company than those of the Series C Shares issued under the Series C Agreement, then the purchase price and other terms and conditions applicable to the purchase of Equity Securities to be acquired upon exercise of the Maintenance Right shall be equivalent to the terms applicable to the issuance of Equity Securities which triggers the Maintenance Right.

Related to Minimum Holding

  • Bank Holding Company Borrower is not a “bank holding company” or a direct or indirect subsidiary of a “bank holding company” as defined in the Bank Holding Company Act of 1956, as amended, and Regulation Y thereunder of the Board of Governors of the Federal Reserve System.

  • Acquisition of Significant Share Ownership There is filed, or is required to be filed, a report on Schedule 13D or another form or schedule (other than Schedule 13G) required under Sections 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended, if the schedule discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the Company’s voting securities, but this clause (ii) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or more of its outstanding voting securities;

  • Voting Rights as a Stockholder Subject to the terms of the Insider Letter described in Section 4.4 hereof and except as herein provided, the Initial Stockholders shall retain all of their rights as stockholders of the Company during the Escrow Period, including, without limitation, the right to vote such shares.

  • Capacity as a Stockholder Notwithstanding anything herein to the contrary, the Stockholder signs this Agreement solely in the Stockholder’s capacity as a stockholder of Parent, and not in any other capacity and this Agreement shall not limit or otherwise affect the actions of the Stockholder in his or her capacity, if applicable, as an officer or director of Parent or any other Person.

  • PORTFOLIO HOLDINGS The Adviser will not disclose, in any manner whatsoever, any list of securities held by the Portfolio, except in accordance with the Portfolio’s portfolio holdings disclosure policy.

  • Shareholder Capacity By executing and delivering this -------------------- Agreement, Shareholder makes no agreement or understanding herein in his capacity as a director or officer of the Company or any subsidiary of the Company. Shareholder signs solely in his capacity as the beneficial owner of Shareholder's Shares and nothing herein shall limit or affect any actions taken by Shareholder in his capacity as an officer or director of the Company or any subsidiary of the Company.

  • Initial Equity Grant No later than 45 days following the Commencement Date, the Company shall take such actions as shall be necessary to grant you the right to purchase (the “Stock Purchase Right”) the number of shares of the Company’s common stock (the “Common Stock”) equal to six percent (6%) of the Company’s outstanding capital stock as of the Commencement Date, calculated based on the Fully Diluted Capitalization of the Company (as defined in the next sentence) at a per-share purchase price equal to the per-share fair market value of the underlying shares on the date of grant, as determined reasonably by the Board in good faith. For the purposes of this Agreement, “Fully Diluted Capitalization” includes all outstanding shares of capital stock plus all shares subject to issuance under outstanding options or warrants plus all shares of capital stock reserved for future issuance under the Company’s 2007 Stock Incentive Plan (the “Plan”) that are not subject to outstanding options or other equity awards plus, to the extent not already included in the foregoing, all shares purchased by you, or subject to your right to purchase, pursuant to this Section 3(d) and Section 3(f). The Stock Purchase Right will be granted under the Plan. Any shares of Common Stock purchased upon exercise of the Stock Purchase Right (the “Restricted Stock”) shall be subject to a right of repurchase in favor of the Company at the original purchase price thereof (the “Right of Repurchase”). The Restricted Stock shall vest, and the Right of Repurchase lapse, with respect to thirty-three and one-third percent (33 1/3%) of the total shares of Restricted Stock on the first anniversary of the Commencement Date and with respect to 1/36th of such shares of Restricted Stock on each monthly anniversary of the Commencement Date thereafter so that the Restricted Stock shall be fully vested and the Right of Repurchase fully lapsed on the third anniversary of the Commencement Date, in each case, subject to your continued service to the Company hereunder except as otherwise provided herein. You will be permitted to purchase the shares of Restricted Stock using a full recourse promissory note, equal to the value of the entire purchase, in a form attached hereto as Exhibit A, to the Company bearing an interest rate equal to the Applicable Federal Rate. The Restricted Stock shall be subject to the terms of the Plan and a restricted stock purchase agreement (the “Restricted Stock Purchase Agreement”) in the form attached hereto as Exhibit B to be entered into between you and the Company.

  • Stockholder Capacity No Person executing this Agreement who is or becomes during the term hereof a director or officer of the Company shall be deemed to make any agreement or understanding herein in his or her capacity as such director or officer. Stockholder signs solely in his, her or its capacity as the beneficial owner of the Subject Shares and nothing herein shall limit or prohibit Stockholder or any of its Representatives, in his or her capacity as an officer or director of the Company, from taking any action or failing to take any action in such capacity.

Time is Money Join Law Insider Premium to draft better contracts faster.