Existing Position definition
Existing Position. 2 Election Options:3 US Term Loans $ ¨ ¨ Euro Term Loans € ¨ ¨ Asset Sale Loans $ Option C: Joining New Lender Consent / Additional Term Loans4 $ € Signature: By: Name: Title: [Insert second signature block if applicable] 1 Insert name of legal entity.
Existing Position means the percentage ownership of DB and its Affiliates calculated as provided in Section 3.3 hereof immediately prior to the issuance of securities giving rise to DB's option to purchase; provided that the numerator of the ratio constituting the Voting Percentage shall be the number of votes the holder or holders of Investment Shares are entitled to cast in the election of directors of the Company.
More Definitions of Existing Position
Existing Position means the 695,700 shares of Common Stock owned beneficially or of record, individually or collectively, by Ellin, his immediate family members and his Affiliates, associates and other persons forming a group as of the date of this Agreement. "Person" shall mean an individual, corporation, partnership, joint venture, association, trust, unincorporated organization or other entity. "Related Person" shall mean, with respect to any Person, any other Person directly or indirectly owning 10% or more of the outstanding voting securities or combined voting power of such Person. "Standstill Period" shall mean the period commencing on the date that this Agreement is executed by the parties hereto and ending on the date that is eighteen months (547 days) after such date of execution; provided, however, that if the Ellin Group or any member thereof, or their Affiliates, agents or representatives, is determined by a court of applicable jurisdiction to have breached this Agreement, the date on which the Standstill Period shall end shall be extended for a period of time equivalent to the period during which such one or more such Persons were in breach.
Existing Position means the 695,700 shares of Common Stock owned beneficially or of record, individually or collectively, by Ellin, his immediate family members and his Affiliates, associates and other persons forming a group as of the date of this Agreement.
Existing Position means any position that was in existence and filled at the time this contract becomes effective.