Exempt Persons definition

Exempt Persons shall have the meaning set forth in the definition of "Acquiring Person."

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Exempt Persons has the meaning set forth in Section 3.18(b).

Exempt Persons means Persons exempted by Law from paying Metered Parking Fees otherwise applicable to members of the general public. The term “Exempt Persons” does not include any Person exempted from paying Metered Parking Fees under any provision of Law exempting service vehicles operated by employees or agents of the Concessionaire, the Operator or any Contractor.

Examples of Exempt Persons in a sentence

The amount of any Exempt Persons Annual Excess Loss for a Reporting Year shall accrue interest at the Bank Rate from the last day of the applicable Reporting Year and shall be paid by the City to the Concessionaire no later than 90 Days following the determination of the amount of such Exempt Persons Annual Excess Loss.
In general, an "Acquiring Person" is a person, the affiliates or associates of such person, or a group, that has acquired beneficial ownership of nine and eight-tenths percent (9.8%) or more of the outstanding Common Shares; provided that certain "Exempt Persons" as defined in the Rights Agreement may have greater beneficial ownership without becoming an "Acquiring Person." In addition, certain inadvertent acquisitions will not trigger the occurrence of the Distribution Date.
Prior to the distribution to Shareholders and/or Optionholders of any Earnout Warrants by the Shareholder Representative, Parent and the Shareholder Representative shall take such reasonable actions as may be necessary in order to ascertain whether the recipients of the Earnout Warrants are Exempt Persons.
With respect to parking by Exempt Persons, the City will penalize abuse of such parking permits through significant fines and other appropriate measures and will take all reasonable measures to ensure that levels of counterfeit parking permits are minimized.
President is desirous of accommodating the needs of the Exempt Person(s), while at the same time maintaining the integrity of its Stockholder Rights Plan.

More Definitions of Exempt Persons

Exempt Persons means Newcastle Investment Holdings Corp., Fortress Investment Group LLC, Fortress Principal Investment Holdings LLC and Fortress Principal Investment Group LLC, each a Delaware limited liability company, or any of the holders of the equity interests of such entities, including but not limited to Wesley R. Edens, Robert I. Kauffman, Randal A. Nardone and Erik P. Nyg▇▇▇▇ (▇▇▇▇▇▇▇▇▇ a▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇l ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ from ▇▇▇ ▇▇ ▇▇▇▇ ▇▇rsuant to the laws of descent and distribution).

Exempt Persons means William J. Pulte, his spouse, any trust or other entity established for the benefit of either or both of such persons, or any charitable organization established by either or both of such persons.

Exempt Persons means Persons exempted by Law from paying Metered Parking Fees otherwise applicable to members of the general public pursuant to the Tennessee Code Annotated, the Metro Code or other applicable law.

Exempt Persons. No Person shall become an "Acquiring Person" as the result of an acquisition of Common Stock by the Company which, by reducing the number of shares outstanding, increases the proportionate number of shares beneficially owned by such Person (together with all Affiliates and Associates of such Person) to 20% or more of the Common Stock of the Company then outstanding; provided, however, that if any Person, together with all Affiliates and Associates of such Person (other than Exempt Persons), shall become the Beneficial Owner of 20% or more of the Common Stock of the Company then outstanding by reason of share purchases by the Company and shall, after such share purchases by the Company, become the Beneficial Owner of any additional shares of Common Stock of the Company, then such Person shall be deemed to be an "Acquiring Person." If the Board of Directors of the Company determines in good faith that a Person who would otherwise be an "Acquiring Person" became the Beneficial Owner of a number of shares of Common Stock such that the Person would otherwise qualify as an "Acquiring Person" inadvertently (including, without limitation, because (A) such Person was unaware that it beneficially owned a percentage of Common Stock that would otherwise cause such Person to be an "Acquiring Person" or (B) such Person was aware of the extent of its Beneficial Ownership of Common Stock but had no actual knowledge of the consequences of such Beneficial Ownership under this Agreement) and without any intention of changing or influencing control of the Company, then such Person shall not be deemed to be or to have become an "Acquiring Person" for any purposes of this Agreement unless and until such Person shall have failed to divest itself, as soon as practicable (as determined, in good faith, by the Board of Directors of the Company), of Beneficial Ownership of a sufficient number of shares of Common Stock so that such Person would no longer otherwise qualify as an "Acquiring Person". In calculating beneficial ownership for purposes of determining whether a Person is an Acquiring Person, shares held for or pursuant to the terms of an employee benefit plan of the Company or any of its subsidiaries shall not be counted, and voting or investment power among related entities that might otherwise be deemed "affiliates" or "associates" shall be aggregated only to the extent that such power is required to be aggregated for purposes of compliance with Exchange Act Section 13(d) a...

Exempt Persons means Mr. Calvin Chi Kin Choi and any other Person designated by Mr. Calvin Chi Kin Choi;

Exempt Persons means the Company, any Subsidiary of the Company, or any employee benefit plan of the Company or of any Subsidiary of the Company or any Person organized, appointed or established by the Company for or pursuant to the terms of any such plan.

Exempt Persons means, at any particular time, all Persons falling within any one or more of categories (i) through (vi) below: (i) Phil ▇▇▇▇▇▇▇; (ii) Lorr▇▇▇▇ ▇▇▇▇▇▇▇; (iii) lineal descendants (including persons adopted into the line of descent) of Phil ▇▇▇▇▇▇▇ ▇▇▇ Lorr▇▇▇▇ ▇▇▇▇▇▇▇; (iv) spouses of such lineal descendants, including surviving spouses of deceased lineal descendants and excluding divorced former spouses of lineal descendants; (v) trusts or estates of which the principal beneficiary or beneficiaries are Persons falling within any one or more of categories (i) through (iv) above and fiduciaries of such trusts or estates in their capacities as fiduciaries; or (vi) partnerships (including limited partnerships and limited liability partnerships), limited liability companies, corporations, and other entities of which Persons falling within any one or more of categories (i) through (v) above Beneficially Own partnership interests or membership interests possessing at least eighty percent (80%) of the interest in profits and losses or of the capital of the partnership or limited liability company, shares possessing at least eighty percent (80%) of the total voting power of the capital stock of the corporation, or equity interests representing at least eighty percent (80%) of the total equity interests of any other entity.