Examples of Controlling Investors in a sentence
Any information ECGII receives pursuant to this Section 11(m) shall be kept confidential, and the Controlling Investors agree to and shall hold in confidence and trust all such information.
Xxxxxx, XX (“ECGII”), on behalf of the Controlling Investors, shall be entitled to receive notice of all meetings of the board of directors of Pubco (the “Board”) and any Board committee, including any executive committee, and all materials and documents distributed to the members of the Board (or Board committee) in connection with such meetings, including at or after such meetings, in each case at such time and as provided to the members of the Board (or Board committee).
Business combination where the same group of investors (“the Controlling Investors”) control the combining companies before and after the business combination meets the definition of business combination under common control because there is a continuation of the risks and benefits to the Controlling Investors.
Executive Securities will continue to be Executive Securities in the hands of any holder other than Participant (except for the Company, the Controlling Investors and for transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Executive Securities will succeed to all rights and obligations attributable to Participant as a holder of Executive Securities hereunder.
This Plan was adopted by the Company and approved by Majority Controlling Investors.
In fact, as the No-Action Letters indicate, the Recognized Structure will permit the Financial Investor to remove the Controlling Investor in the event of the Controlling Investor's malfeasance or nonfeasance.
Although the letter is silent with respect to the selection process, it must be remembered that the Financial Investor proposed Mr. Pickren late in the process after being advised that the Staff noted its objections to the initially-proposed Controlling Investors.