Electing Holder definition

Electing Holder means any holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof.

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Electing Holder has the meaning assigned thereto in Section 3(a)(iii) hereof.

Electing Holder shall have the meaning given in subsection 2.6.

Examples of Electing Holder in a sentence

• Each Electing Holder of Permian Resources Operating, LLC, a Delaware limited liability company (“OpCo”), holds the number of common units of OpCo (the “OpCo Units”) and corresponding number of shares of Class C common stock, par value $0.0001 per share, of Old PubCo (“Old PubCo Class C Shares”) as set forth on Schedule I hereto.

• Such Electing Holder has the exclusive right, power and authority to transfer or surrender the Surrendered Shares and Exchanged Units.

• Such Electing Holder has good and valid title to and is the record owner of the Surrendered Shares and Exchanged Units free and clear of any liens.

• Such Electing Holder has had the opportunity to consult with its own legal, tax and other advisors with respect to the legal, tax and other consequences to it of the transactions contemplated by this Agreement (including, but not limited to, the Share Surrender and the Unit Exchange and the acquisition and ownership of New PubCo Class A Shares issued to such Electing Holder in the Unit Exchange), and such Electing Holder is relying solely upon the advice of such advisors in evaluating such consequences.

• Such Electing Holder has the right, power, authority and capacity to execute, deliver and perform this Agreement and to consummate the transactions contemplated herein.

More Definitions of Electing Holder

Electing Holder shall have the meaning set forth in Section 3(a).

Electing Holder means any holder of Registrable Securities that has returned a completed and signed Notice and Questionnaire to the Company in accordance with Section 3(d)(ii) or 3(d)(iii) hereof and the instructions set forth in the Notice and Questionnaire.

Electing Holder means a Holder of Registrable Securities who has provided the Company with a Notice and Questionnaire.

Electing Holder means, with respect to any Registration, each Holder that is entitled and elects to sell Registrable Securities pursuant to such Registration and this Agreement.

Electing Holder. Any holder of Series A Notes that has supplied the information requested by the Company in accordance with Section 4(b).

Electing Holder has the meaning assigned to such term in Section 5.1(a).

Electing Holder means a Holder that has notified Parent that it wishes to receive the monthly reports described above, and has provided a confidentiality undertaking reasonably satisfactory to Parent, provided that such a Holder shall cease to be an Electing Holder upon it notifying Parent in writing that it no longer wishes to receive the monthly reports described above;