Excepted Person definition
Examples of Excepted Person in a sentence
If any Excepted Person discloses any confidential information pursuant to this Section 8.14(a), it shall provide prompt notice thereof to the Buyer or the Sellers, as appropriate.
Any transfer or issuance of Series E Preferred Shares that would (i) create a direct or indirect owner of Series E Excess Preferred Shares other than a Series E Preferred Excepted Person; or (ii) result in the Trust being "closely held" within the meaning of Section 856(h) of the Code, shall be void ab initio and the prospective acquiror shall not be entitled to any rights afforded to owners of Series E Preferred Shares hereunder and shall be deemed never to have had an interest therein.
In accordance with the CHO Directions and Vaccination Policy, unless you are an Excepted Person as defined by the Vaccination Policy, [insert employer name] must not permit you to work on the premises of a [insert employer name] Education Facility if you are unvaccinated.
Any issuance of Series A-1 Increasing Rate Preferred Shares that would (i) create a direct or indirect owner of Excess Preferred Shares other than a Preferred Excepted Person; or (ii) result in the Company being "closely held" within the meaning of Section 856(h) of the Code, shall be void ab initio and the prospective acquiror shall not be entitled to any rights afforded to owners of Series A-1 Increasing Rate Preferred Shares hereunder and shall be deemed never to have had an interest therein.
The term "Series B-1 Excepted Person" shall have the meaning set forth in Section 15.6(e).