Altor Group definition

Altor Group means (a) Altor, (b) any Permitted Transferee of Altor to which Shares are Transferred by Altor in compliance with the terms of this Agreement, and (c) any Permitted Transferee of any of the Persons included in clause (b) of this definition to which Shares are Transferred by such Person in compliance with the terms of this Agreement, and each individually, a “member” of the Altor Group or an “Altor Investor.”
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Examples of Altor Group in a sentence

  • From and after the Altor Observer Termination Event, the Altor Group shall no longer have a right to designate an observer pursuant this Section 2.2, and the Altor Group shall cause the Altor Board Observer to promptly tender his or her resignation as an observer to the Board.

  • Notwithstanding the foregoing provisions, and except as otherwise provided in Section 5.9, the registration rights provided in Article V of this Agreement shall terminate at such time (a) as the Registrable Securities Beneficially Owned by each Altor Investor may be sold without restriction pursuant to Rule 144 under the Securities Act, and (b) the Altor Group, in the aggregate, Beneficially Owns less than five percent (5%) of the outstanding shares of Ampco Common Stock.

  • The Altor Group agrees that no individual shall be an observer or serve as an observer if such individual has been involved in any of the events enumerated in Item 2(d) or (e) of Schedule 13D under the Exchange Act or Item 401(f) of Regulation S-K under the Securities Act or is subject to any order, decree or judgment of any Governmental Authority prohibiting service as a director or observer of any public company.

  • From and after any Altor Nominee Termination Event, the Altor Group shall no longer have a right to designate a Nominee under this Section 2.1, and the Altor Group shall cause the Altor Nominee to promptly tender his or her resignation from the Board.

  • Any determination, consent, or approval of, or notice or request delivered by, or any similar action (including, without limitation, consent to any amendment, waiver, discharge, or termination as provided for in Section 6.6) of any Altor Investor shall be made by, and shall be valid and binding upon, all Altor Investors in the Altor Group, if made by the Altor Investor Beneficially Owning a majority of the Total Voting Power then Beneficially Owned by the Altor Group.

  • In any such case described in the preceding sentence, the Altor Group shall remove such observer or withdraw the candidacy of a proposed observer, and so long as the Altor Observer Termination Event has not occurred, the Altor Group may designate a replacement therefor (which replacement will also be subject to the requirements of this Section 2.2).

  • In the event ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ or any successor director appointed in accordance with this Section 2.1 has ceased to serve in such role or is unable to continue to serve in such role, the Altor Group will be entitled to designate a new individual to fill the resulting director vacancy and, subject to the provisions of this Section 2.1, such individual shall then be deemed the Altor Nominee for all purposes hereunder.

  • In any such case described in the preceding sentence, the Altor Group shall withdraw the designation of such proposed Altor Nominee, and so long as the Altor Nominee Termination Event has not occurred, the Altor Group may designate a replacement therefor (which replacement will also be subject to the requirements of this Section 2.1).

  • The Company and the Altor Group agree to cooperate in establishing and execute a plan to enhance the quality of the investor base of the Company with a view to stimulate broader analyst and research coverage of the Company and to increase trading in the Company’s securities.

  • This Agreement is effective as of the issuance of the Initial Shares to Altor and shall automatically terminate upon the date that the Altor Group, in the aggregate, no longer Beneficially Owns any shares of Ampco Common Stock.