Examples of Jordan Investors in a sentence
The authority conferred hereby shall be an agency coupled with an interest, and all authority conferred hereby is irrevocable and not subject to termination by any of the Jordan Investors, or by operation of law, whether by the death or incapacity of any of the Jordan Investors, or the occurrence of any other event.
Unless otherwise provided in the resolution designating a committee, a majority of all of the members of any such committee may select its Chairman, fix its rules or procedure, fix the time and place of its meetings and specify what notice of meetings, if any, shall be given, provided that any action taken by the committee is approved by a majority of the members of the committee chosen by the Jordan Investors as provided in the Stockholders Agreement.
A majority of the members of the Executive Committee shall constitute a quorum for the transaction of business, provided that, a majority of the members designated by the Jordan Investors, as provided in the Stockholders Agreement, also must be present for a quorum to be constituted, and, except as expressly limited by this section, the act of a majority of the members present at any meeting at which there is a quorum shall be the act of the Executive Committee.
Any notice given to the Jordan Investors' Representative shall constitute effective notice to each of the Jordan Investors, and any other party to this Agreement or any other Person may rely on any notice, consent, election or other communication received from the Jordan Investors' Representative as if such notice, consent, election or other communication had been received from each of the Jordan Investors.
The Receiver noted that after even complete participation by all Jordan Investors, there remained$3,980,786.00 of the Jordan Policies undistributed.
Thereafter, the Receiver filed Motions to Disallow the claims of the Jordan Investors, Motion to Disallow Claims, RE 1111, Page ID # 12208-12218; Motion to Disallow Jordan Investors Claims, RE 1112, Page ID # 12229-12241, seeking to require all Jordan Investors to participate in the settlement or forfeit all ability to claim proceeds of the Jordan Policies.
In response to the mediated settlement with those Jordan Investors participating, the District Court entered an Order Overruling the Motion to Clarify Status of Matured Policy Proceeds.
On October 4, 2004, Mr. Andrew Storar, Court- appointed Examiner for the Receivership, sent a letter to the Jordan Investors (as well as others) about the Jordan Policies proceeds.
JZEP, the Jordan Investors (as defined in the Stockholders --------- Agreement), the Management Stockholders (as defined in the Stockholders Agreement) and the Executive and Advisors Stockholders (as defined in the Stockholders Agreement).
The District Court then mentions approvingly the belief that once non-consenting the Jordan Policiesinvestors’ claims were disallowed, the remaining Jordan-policy proceeds would be distributed to the Jordan Investors who participated in the settlement 50a.