Exempt Holder definition

Exempt Holder means, collectively, (i) Professor Werner Otto, his wife Maren Otto and/or all descendants of Professor Werner Otto (illegitimate descendants only if they have obtained the status of a legitimate descendant by legitimation or adoption by Professor Werner Otto or one of his legitimate descendants, or if they are children of a female legitimate descendant of Professor Werner Otto), (ii) any trust or any family foundation that has exclusively been established in favor of one or several of the individuals named under (i) above, and (iii) any partnership, firm, corporation, association, trust, unincorporated organization, joint venture, limited liability company or other legal entity, in which the individuals or entities named under (i) and (ii) hold (either directly or indirectly) more than 50% of the voting rights or more than 50% of the equity capital of such any such partnership, firm, corporation, association, trust, unincorporated organization, joint venture, limited liability company or other legal entity.
Exempt Holder means American Financial Group, Inc., each of its subsidiaries and affiliates, Carl H. Lindner, his spouse, his children and their spouses and his grandchildren (or the legal representative of any such person) and each trust for the benefit of each such person.
Exempt Holder means (1) any Permitted Holder, (2) any Person acquiring shares of Liberty Braves Common Stock as an underwriter or other agent of the Corporation in connection with an underwritten offering of Liberty Braves Common Stock, (3) any Trustee of a Trust, (4) any Trust, (5) the Depository Trust Company or other entity which holds shares of record solely for the benefit of the beneficial owners of the shares, or (6) any Person who inadvertently or without the Actual Knowledge of the Corporation becomes the owner of shares of Liberty Braves Common Stock in an amount equal to or in excess of 10% of the Total Outstanding Shares of Liberty Braves Common Stock, provided that such Person divests (within a reasonable amount of time after such Person obtains knowledge of such threshold breach, but in no event longer than sixty (60) days after such Person obtains knowledge of such threshold breach) a sufficient number of shares of Liberty Braves Common Stock (without retaining any power, including, without limitation, voting power, with respect to such shares) so that such Person is not the owner of shares of Liberty Braves Common Stock in an amount equal to or in excess of 10% of the Total Outstanding Shares of Liberty Braves Common Stock.

Examples of Exempt Holder in a sentence

  • The placement period is usually during the second year of study.With the 4-year model, the study placement may be accredited to the student‟s final degree classification or there may be pass/fail criteria.

  • Except as provided in Section 4(l) of this Division C of this Article FOURTH, any Transfer that, if effective, would result in any Person (other than the Exempt Holder) Beneficially Owning Common Shares in excess of the Ownership Limit shall be void ab initio as to the Transfer of such Common Shares which would be otherwise Beneficially Owned by such Person in excess of the Ownership Limit, and the intended transferee shall acquire no rights in such Common Shares.

  • The Board of Directors may exempt the Exempt Holder from the Exempt Holder Limit should it determine that the Beneficial Ownership of the Exempt Holder does not result in the Corporation being “closely held” within the meaning of Section 856(h) of the Code; provided, however, that notwithstanding the foregoing, this paragraph (iv) shall not be interpreted as a waiver of, or exemption from, the restriction in Section 4(b)(vi).

  • These activities should be designed with the goal of improving habitat, improving water quality, and maintaining biological and morphological integrity.

  • In the event that any provision of this Agreement shall be held illegal by a court of last resort of Pennsylvania or of the United States or by a court of competent jurisdiction from whose judgment or decree no appeal has been taken within the time provided for doing so, then such provision shall be deemed invalid and not subsisting, except to the extent permitted by law.


More Definitions of Exempt Holder

Exempt Holder has the meaning set forth in Section 4(a) of Division B of the Articles.
Exempt Holder means any direct or indirect beneficial equity holder (or family members of beneficial holders that are individuals) of the Company or any of its direct or indirect parent entities which holder is also a director or officer of the Company or any of its direct or indirect parent entities.
Exempt Holder means Xxxxxxx X. Xxxxxx, Xx., his descendants (and their spouses), and his and their Affiliates and Associates.
Exempt Holder mean Xxxxxxx X. Xxxxxx, Xx. and his Affiliates and Associates.
Exempt Holder means Charles H. Murphy, Jr., xxx xxxxxxxxxxx (xxd their spouses), and his and their Affiliates and Associates.
Exempt Holder means any Person, other than a Simpson Holder, who or which, together with all Affiliates and Associates of such Person, is, as of the Applicable Time, the Beneficial Owner of 10% or more of the Voting Power of the aggregate of all shares of Voting Stock then outstanding. Notwithstanding anything to the contrary in this Agreement, any Exempt Holder who, together with all Affiliates and Associates of such Person, after the Applicable Time becomes the Beneficial Owner of less than 10% of the Voting Power of the aggregate of all shares of Voting Stock then outstanding shall cease to be an Exempt Holder and shall be subject to all the provisions of this Agreement in the same manner as any Person who is not and was not an Exempt Holder.
Exempt Holder means: (i) Antlia Holdings LLC; (ii) any affiliate of Antlia Holdings LLC that is managed by Brookfield Asset Management, Inc. or a subsidiary of Brookfield Asset Management, Inc.; or (iii) any entity in which Brookfield Asset Management, Inc. or a subsidiary thereof owns a controlling interest.