Director Securities definition

Director Securities means, collectively, all Option Shares issued with respect to the Option. Director Securities will continue to be Director Securities in the hands of any holder other than the Director (except for the Company and except for transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Director Securities will succeed to all rights and obligations attributable to the Director as a holder of Director Securities hereunder. Director Securities will also include shares of the Company’s capital stock issued with respect to Director Securities by way of a stock split, stock dividend, recapitalization or otherwise.
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Director Securities means the Shares and any other securities of the Company held by Director or any of Director's transferees permitted hereunder. All Director Securities will continue to be Director Securities in the hands of any holder other than Director (except for the Company, the Investors and the Investors' Affiliates and except for transferees in a Public Sale). Except as otherwise provided herein, each such other holder of Director Securities will succeed to all rights and obligations attributable to Director as a holder of Director Securities hereunder. Director Securities will also include shares of the Company's capital stock or other securities of the Company issued with respect to Director Securities by way of a stock split, dividend or other recapitalization or reclassification.
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Director Securities means all Common Units (including all Capital Units Incentive Units) at any time held or acquired by Director. Director Securities will continue to be Director Securities in the hands of any holder other than Director (except for the Company and the Investors and except for transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Director Securities will succeed to all rights and obligations attributable to Director as a holder of Director Securities hereunder. Director Securities will also include equity of the Company (or a corporate successor to the Company or a Subsidiary of the Company) issued with respect to Director Securities (a) by way of a Unit split, Unit distribution, conversion, or other recapitalization, (b) by way of reorganization or recapitalization of the Company in connection with the incorporation of a corporate successor prior to a Public Offering or (c) by way of a distribution of securities of a Subsidiary of the Company to the members of the Company following or with respect to a Subsidiary Public Offering. Notwithstanding the foregoing, all Unvested Incentive Units shall remain Unvested Incentive Units after any Transfer thereof (other than to the Company or any of the Investors).
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Examples of Director Securities in a sentence

  • A COPY OF SUCH CONDITIONS SHALL BE FURNISHED BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST AND WITHOUT CHARGE.” The Company shall imprint such legend on certificates evidencing Director Securities.

  • The Repurchase Option for any Director Securities shall become effective on the later of the date the Director has held the Director Shares for six months or the date of the Termination (the “Repurchase Date”).

  • The legend set forth above shall be removed from the certificates evidencing any shares which cease to be Director Securities in accordance with the definition thereof.

  • If the Approved Sale is structured as a (i) merger or consolidation, the holders of Director Securities shall waive any dissenters rights, appraisal rights or similar rights in connection with such merger or consolidation or (ii) sale of stock, the holders of Director Securities shall agree to sell all of their Option Shares and rights to acquire Option Shares on the terms and conditions approved by the Supermajority Vote (as defined in the Stockholders Agreement).

  • Carleton MacNeil Jr Director Securities Consultant 3421 Spanish Trail 3421 Spanish Trail Building 227D Building 227D Delray Beach, FL 33483 Delray Beach, FL 33483 Malcolm Wallop Director Chairman, Frontiers of Frontiers of Freedom Western Strategy Group Freedom Foundation Foundation 1100 Wilson Blvd., 12011 Lee Jackson Suite 1400 Memorial Hwy.

  • The legend set forth above shall be removed from the certificates evidencing any securities which cease to be Director Securities.

  • Any Transfer or attempted Transfer of any Director Securities in violation of any provision of this Agreement shall be void, and the Company shall not record such Transfer on its books or treat any purported Transferee of such Director Securities as the owner of such equity for any purpose.

  • At the time the Company delivers the Supplemental Repurchase Notice to the holder(s) of Director Securities, the Company shall also deliver written notice to each Investor setting forth the number of Units of each class such Investor is entitled to purchase, the aggregate purchase price and the time and place of the closing of the transaction.

  • The provisions of this Section 3 will terminate with respect to all Director Securities upon the consummation of a Sale of the Company.

  • A COPY OF SUCH AGREEMENT MAY BE OBTAINED BY THE HOLDER HEREOF AT THE COMPANY’S PRINCIPAL PLACE OF BUSINESS WITHOUT CHARGE.” The Company shall imprint such legend on certificates evidencing Director Securities outstanding prior to the date hereof.


More Definitions of Director Securities

Director Securities means all Common Units (including all Incentive Units) at any time acquired by Director. Director Securities will continue to be Director Securities in the hands of any holder other than Director (except for the Company and the Investors and except for transferees in a Public Sale), and except as otherwise provided herein, each such other holder of Director Securities will succeed to all rights and obligations attributable to Director as a holder of Director Securities hereunder. Director Securities will also include equity of the Company (or a corporate successor to the Company or a Subsidiary of the Company) issued with respect to Director Securities (a) by way of a Unit split, Unit distribution, conversion, or other recapitalization, (b) by way of reorganization or recapitalization of the Company in connection with the incorporation of a corporate successor prior to a Public Offering or (c) by way of a distribution of securities of a Subsidiary of the Company to the members of the Company following or with respect to a Subsidiary Public Offering. Notwithstanding the foregoing, all Unvested Incentive Units shall remain Unvested Incentive Units after any Transfer thereof (other than to the Company or any of the Investors).
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Related to Director Securities

  • Investor Securities means the securities eligible for registration pursuant to the Registration Rights Agreement.

  • Successor Securities has the meaning specified in Section 9.5(a).

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • Series B Securities means the Company's Series B 9 3/8% Junior Subordinated Deferrable Interest Debentures due May 1, 2028, as authenticated and issued under this Indenture.

  • Series A Securities means the Company's 10.01% Series A Junior Subordinated Deferrable Interest Debentures due March 15, 2027, as authenticated and issued under this Indenture.

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.

  • Non Book-Entry Capital Securities shall have the meaning set forth in Section 2.05.

  • Predecessor Securities of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 3.06 in lieu of a lost, destroyed or stolen Security shall be deemed to evidence the same debt as the lost, destroyed or stolen Security.

  • Exempt Securities has the meaning set forth in Section 4.4(d).

  • Regulation S Global Securities Appendix A

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Registered Securities will have the same meaning as set forth in the Purchase Agreement.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase stock of the Corporation, and (iv) any other interest that would be treated as “stock” of the Corporation pursuant to Treasury Regulation § 1.382-2T(f)(18).

  • Physical Securities has the meaning set forth in Section 2.01.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Exchangeable Shares means the exchangeable shares in the capital of the Company, having the rights, privileges, restrictions and conditions set forth herein;

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Senior Securities means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder).

  • Individual Securities shall have the meaning specified in Section 3.01(p).

  • Transfer Restricted Securities means Securities that bear or are required to bear the legend relating to restrictions on transfer relating to the Securities Act set forth in Section 2.3(e) hereto.

  • Book-Entry Preferred Securities Certificates means a beneficial interest in the Preferred Securities Certificates, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.

  • Exchangeable Notes means the Class M Notes and MAC Notes of the Xxxxxxx Mac STACR® Debt Notes, Series 2015-HQ1, which may be transferred only on the book-entry system operated by DTC or its successor, or under certain limited circumstances, in registered, certificated form, as provided in the Global Agency Agreement.