Designated Shareholders definition

Designated Shareholders means Exxxxx X. Xxxxx, Hxxx XxXxxxx and Fxxxxxxxx Xxxxx, Xx.

Designated Shareholders means (i) the members of the Current Management Team; (ii) the Principal Shareholders; (iii) the spouses, lineal descendants and spouses of the lineal descendants of the Persons named in clause (i); (iv) the estates or legal representatives of the Persons named in clause (i); and (v) any trust, custodianship or other fiduciary arrangement in respect of which one or more of the Persons described in clauses (i) and (iii) are the principal beneficiaries and such Person or Persons shall have control of such trust, custodianship or other fiduciary arrangement.

Designated Shareholders. 42 "Disclosure Schedule" 12 "Dissenters' Shares" 10 "Effective Time" 2 "Employee Share Xxxxxx" 00 "Employee Shares" 41 "Environmental Laws" 23 "ERISA" 19 "Exchange Act" 29 "Exchange Agent" 10

Examples of Designated Shareholders in a sentence

• To the extent that the Guarantee Payment is not disbursed on the day of receipt, it shall be deposited in an interest bearing account at a financial institution pending disbursement to the Designated Shareholders.

• This Agreement shall be binding upon: the Company and its successors and assigns (if any); the Designated Shareholders and their respective personal representatives, executors, administrators, estates, heirs, successors and assigns (if any); Parent and its successors and assigns (if any); and Merger Sub and its successors and assigns (if any).

• Each Designated Shareholder waives, and acknowledges and agrees that he shall not have and shall not exercise or assert (or attempt to exercise or assert), any right of contribution, right of indemnity or other right or remedy against the Surviving Corporation in connection with any indemnification obligation or any other liability to which he may become subject under or in connection with this Agreement or the Designated Shareholders' Closing Certificate.

• Nothing in this Guarantee Agreement, including but not limited to Sections 6(a) and 6(b), shall limit the Treasury’s rights of subrogation or other rights otherwise available to the Treasury in respect of Designated Shareholder Payments, including, without limitation, any rights of the Treasury to recover from Designated Shareholders payments received in connection with or relating to the Designated Shareholder’s Designated Shares, from a Fund or other parties.

• Not later than 5 Business Days after the completion of the disbursement of the Designated Shareholder Payments to the Designated Shareholders, the Investment Company, on behalf of the Affected Fund, shall deliver to the Treasury a certificate (the “Certificate of Liquidation and Disbursement”) in the form of Exhibit C.

More Definitions of Designated Shareholders

Designated Shareholders is defined in Section 6.6.

Designated Shareholders has the meaning set forth in Section 10.2(c).

Designated Shareholders means WJR and DCR.

Designated Shareholders means each Assignee Purchaser and each Person to whom the Common Stock of such Assignee Purchaser are sold or transferred pursuant to the first two sentences of Section 1.5 above.

Designated Shareholders means the Persons who are, as of the Restated Closing Date, parties to the shareholder agreement among certain shareholders of Holdco, delivered to the Administrative Agent on the Restated Closing Date.

Designated Shareholders means, together, the individuals who are the ultimate beneficial owners of the whole share capital of the Guarantor prior to the completion of a Qualified IPO, as disclosed by the Borrower and the Guarantor to the Lender on the date of this Agreement and, in the singular, means any of them; and

Designated Shareholders means the shareholders and beneficial owners of the Guarantor on the First Closing Date (the "Original Shareholders"), any Person who is the spouse of any Original Shareholder, any Person or the spouse of any Person who is a lineal descendant of any Original Shareholder; or any corporation or partnership of which any of such Persons are legally entitled to exercise more than a majority of the voting power, or any trust of which any of such Persons are the sole beneficiaries or the executor or administrator of the estate of any such Person or any legal guardian of any such Person.