Constituent Person definition
Examples of Constituent Person in a sentence
In the event holders of Common Stock (other than any Constituent Person or Affiliate thereof) have the opportunity to elect the form of consideration to be received in any Reorganization Event, the Exchange Property Unit that Holders of the Units are entitled to receive will be deemed to be the weighted average of the types and amounts of consideration received by the holders of Common Stock.
The indemnification obligations under this Agreement will also benefit any present or future Constituent Person of each stated indemnitee.
Neither Borrower nor any Constituent Person of Borrower has any Indebtedness in the form of mezzanine debt or preferred equity.
No petition in bankruptcy has been filed against Borrower or any Constituent Person of Borrower, and neither Borrower nor any Constituent Person of Borrower has ever made an assignment for the benefit of creditors or taken advantage of any insolvency act for the benefit of debtors.