Excepted Holder Limit definition
Excepted Holder Limit means, provided that the affected Excepted Holder agrees to comply with the requirements established by the Board pursuant to Section 5.9(ii)(g), and subject to adjustment pursuant to Section 5.9(ii)(h), the percentage limit established by the Board pursuant to Section 5.9(ii)(g).
Excepted Holder Limit means, provided that the affected Excepted Holder agrees to comply with any requirements established by the Manager pursuant to Section 13.8 and subject to adjustment pursuant to Section 13.8, the percentage limit established by the Manager pursuant to Section 13.8.
Excepted Holder Limit means, provided that the affected Excepted Holder agrees to comply with the requirements established by the Board of Directors pursuant to Section 6.1.7 and subject to adjustment pursuant to Section 6.1.8, the percentage limit established by the Board of Directors pursuant to Section 6.1.7.
Examples of Excepted Holder Limit in a sentence
The number of Interests in excess of the Excepted Holder Limit or Series Interests Ownership Limit shall be classified as Excessive Holdings.
Subject to Section 4.5 the Manager, in its sole and absolute discretion, may exempt, either prospectively or retroactively, a Person from the (i) Aggregate Ownership Limit and/or (ii) Series Interest Ownership Limit, as the case may be, and (iii) may either establish or increase an Excepted Holder Limit for such Person.
The Company shall establish a segregated account within the Company Register for the purposes of retaining in trust any Excessive Holdings on the account of the Holders violating Aggregate Ownership Limits, Series Interest Ownership Limits or an Excepted Holder Limit.
More Definitions of Excepted Holder Limit
Excepted Holder Limit shall have the meaning set forth in the Articles of Incorporation.
Excepted Holder Limit has the meaning set forth in the Charter.
Excepted Holder Limit means, provided that and only so long as the affected Excepted Holder complies with all of the requirements established by the Board of Directors pursuant to Section 8.2(f), and subject to adjustment pursuant to Section 8.2(f)(iv), the percentage limit established by the Board of Directors pursuant to Section 8.2(f).
Excepted Holder Limit means, provided that and only so long as the affected Excepted Holder complies with all of the requirements established by the Board of Trustees pursuant to Section 8.2(e), the percentage limit established by the Board of Trustees.
Excepted Holder Limit means, provided that the affected Excepted Holder agrees to comply with the requirements established by the Board of Directors of the Company pursuant to Section 7.7(iv)(b), the ownership limit with respect to the Equity Shares of the Company established by the Board of Directors of the Company pursuant to Section 7.7(iv)(b) for or in respect of such holder.
Excepted Holder Limit means, provided that and only so long as the affected Excepted Holder complies with all of the requirements (if any) established by the Board of Trustees pursuant to Section 7.2(e), the percentage limit (if any) established by the Board of Trustees with respect to such Excepted Holder.
Excepted Holder Limit means, provided that the affected Excepted Holder agrees to comply with the requirements established by the Board pursuant to Section 5.10(ii)(g), the percentage limit established by the Board pursuant to Section 5.10(ii)(g).