Founder Vehicle definition

Founder Vehicle has the meaning given in the preamble.
Sample 1Sample 2
Founder Vehicle has the meaning set forth in the Preamble of this Agreement.
Sample 1Sample 2

Examples of Founder Vehicle in a sentence

  • Xx has the sole right to control the voting and disposition of the Target Ordinary Shares and any other Securities of Target held by Founder Vehicle 2.

  • The Founder and Xx. Xx have the shared right to control the voting and disposition of the Target Ordinary Shares and any other Securities of Target held by each of Founder Vehicle 1 and Founder Vehicle 2.

  • The Founder has the sole right to control the voting and disposition of the Target Ordinary Shares and any other Securities of Target held by the Founder Vehicle.

  • The quorum for a Board meeting shall be at least three (3) Directors, including at least one (1) Director from each of the Founder Vehicle, Geely and Etika.

  • Any purported Transfer of any Equity Securities of the Company by any Founder or Founder Vehicle in contravention of this Agreement shall be void and ineffective for any and all purposes and shall not confer on any transferee or purported transferee any rights whatsoever, and no Party (including without limitation, any Founder or Founder Vehicle) shall recognize any such Transfer, sale or issuance.

  • The obligations of each Party under this Agreement are several (and not joint or joint and several) and each Party’s obligation for fees and costs pursuant to Article III is capped at such Party’s Respective Proportion; provided that the obligations of the Founder Parties under this Agreement shall be joint and several as among the Founder and the Founder Vehicle.

  • If both Geely and Etika agree to purchase any New Securities at the relevant time pursuant to Article 33.1(a), Geely plus the beneficial interest of Geely held through the Founder Vehicle (collectively “ Geely + LP BI”) shall only be entitled to purchase any New Securities up to the percentage of New Securities that Etika has similarly agreed to purchase.

  • Each Founder, Founder Vehicle, Angel Investor and Group Company covenants and agrees to take any and all action from time to time and at all times in whatever manner as shall be necessary to ensure that representatives appointed by the Investors to serve on such Subsidiary Boards are not, will not be removed, unless such removal is directed or approved by the Investors.

Related to Founder Vehicle

  • Transfer Vehicle means any vehicle that operates in space and transfers Payloads or persons or both between two different space objects, between two different locations on the same space object, or between a space object and the surface of a celestial body. A Transfer Vehicle also includes a vehicle that departs from and returns to the same location on a space object.

  • Light vehicle means a motor vehicle commonly referred to as an automobile, van, sport utility

  • Fleet Vehicle means one of a large group of New Vehicles sold to a Person (e.g., a rental car agency) which purchases in excess of ten (10) Vehicles per purchase contract for commercial use.

  • Covered Vehicle means a private passenger vehicle (including mini-vans, pickup trucks and sport utility vehicles) which is registered or rented to You during Your Trip, which is rated ¾ ton in weight or less, not used for racing, dealer services, dealer loaners, taxi, limousine, shuttle, delivery, hauling, towing, road repair service, construction service, snow removal, or as a public livery vehicle, or any other commercial use.

  • Public Vehicle means a Person whose securities are listed and traded on a national securities exchange and shall include a majority owned subsidiary of any such Person or any operating partnership through which such Person conducts all or substantially all of its business.

  • Hybrid vehicle (HV) means a vehicle equipped with a powertrain containing at least two different categories of propulsion energy converters and at least two different categories of propulsion energy storage systems.

  • Eligible Vehicle means a Vehicle (which includes, for the avoidance of doubt, a Service Vehicle) in Spain, Germany, The Netherlands, Italy or France (as applicable):

  • the vehicle means the vehicle named in the licence.

  • base vehicle means any vehicle which is used at the initial stage of a multi-stage type-approval process;