Majority Owner Representative definition

Majority Owner Representative means any entity designated in writing by the Holder to act as a Majority Owner Representative hereunder, in accordance with Article IX hereof. If at any time a Majority Owner Representative has not been designated by the Holder, all references herein and in other Bond Documents to “Majority Owner Representative” shall refer to the Majority Owner. The initial Majority Owner Representative is Red Stone Servicer, LLC.
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Examples of Majority Owner Representative in a sentence

  • Notice of participation in Employee Stock Option Program 2022/2025 shall be received by the Company no later than 16 June 2022, with the right for the board of directors to extend the notice period.

  • The Trustee shall not be liable to the Borrower, the Holder, or any other Person for any loss suffered in connection with any investment of funds made by it in accordance with Section 4.7 hereof in good faith as instructed by the Borrower in accordance with the provisions of this Indenture, and with the prior written consent of the Majority Owner Representative, as applicable.

  • Upon written request, the Trustee shall provide the Borrower and the Majority Owner Representative, within a reasonable period of time, with a report stating the principal amount of the Bond Outstanding and the registered owner of the Bond as of the date specified by the Borrower or the Majority Owner Representative in its request.

  • The Majority Owner Representative shall obtain, and shall provide to the Holder a copy of the Borrower’s certificates of compliance with the Regulatory Agreement or other evidence of such compliance submitted by the Borrower to the Issuer or the Issuer’s designee within 30 days after the later of (i) the date it is required to be submitted to the Issuer or the Issuer’s designee, or (ii) the date it is actually so submitted.

  • If the Trustee is not the successor corporation in any such merger or consolidation, the Trustee shall give notice of such event to the Majority Owner Representative and the Borrower and shall take such action as may be required to effect a transfer of the trust included in this Indenture to such successor corporation.

  • To the extent there has been a determination pursuant to the Bond Documents to restore the Project Facilities, such Condemnation Award or Insurance Proceeds shall be expended in accordance with the written direction of the Majority Owner Representative for such purposes in accordance with the provisions of the Bond Documents.

  • The Majority Owner Representative shall use its best efforts to obtain financial statements and other reports from the Borrower at the times and to the extent required under the Bond Documents and deliver the same to the Holder and, if requested, to the Trustee.

  • Such other investments selected by the Borrower as may be authorized by applicable law and consented to by the Majority Owner Representative, provided that the Trustee may require as a condition to the investment of funds under this clause (viii) there having first been delivered to the Trustee an opinion of Counsel to the effect that investment is permitted under any applicable laws of the State.

  • Confirmations of shareholding shall be delivered to shareholders by fax or post mail.

  • The Majority Owner Representative shall prepare monthly bills to the Borrower in accordance with the Bond Documents for payments to the Trustee of principal and interest under the Loan.

Related to Majority Owner Representative

  • Owner Representative means that Person or Persons designated by Owner in a written notice to Contractor who shall have complete authority to act on behalf of Owner on all matters pertaining to the Work, including giving instructions and making changes in the Work. The Owner Representative as of the Contract Date is designated in Section 4.9.

  • Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.

  • Holders’ Representative means the representative of the Holders named in the preamble, until a successor Holders’ Representative shall have become such pursuant to the applicable provisions of this Agreement, and thereafter “Holders’ Representative” shall mean such successor Holders’ Representative.

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.

  • Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;

  • Owner’s Representative has the meaning given in Section 2.2.

  • Holder Representative has the meaning specified in Section 11.1.

  • Seller Representative means Xxxxx Bank.

  • Issuer Representative means the person or persons at the time designated to act on behalf of the Issuer by written certificate furnished to the Company and the Trustee containing the specimen signatures of such person or persons and signed on behalf of the Issuer by its duly authorized agent. Such certificate may designate an alternate or alternates.

  • Supplier Representative means the representative appointed by the Supplier from time to time in relation to this Framework Agreement;

  • Shareholder Representative has the meaning set forth in the preamble.

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Sellers’ Representative has the meaning set forth in the Preamble.

  • Controlling Noteholder Representative shall have the meaning assigned to such term in Section 6(a).

  • Shareholders’ Representative has the meaning set forth in the Preamble.

  • Investor Representative has the meaning assigned to such term in Section 2.1(a).

  • Engineer’s Representative means the official in the civil/ electrical engineering department who is authorized to be in-charge of the work to which these presents relate. It shall include any other official nominated to attend to the supervision of day to day execution of the work to which this CONTRACT relates.

  • Investment adviser representative means an individual employed by or associated with an investment adviser or federal covered investment adviser and who makes any recommendations or otherwise gives investment advice regarding securities, manages accounts or portfolios of clients, determines which recommendation or advice regarding securities should be given, provides investment advice or holds herself or himself out as providing investment advice, receives compensation to solicit, offer, or negotiate for the sale of or for selling investment advice, or supervises employees who perform any of the foregoing. The term does not include an individual who:

  • Customer Representative means the representative appointed by the Customer from time to time in relation to the Contract;

  • Stockholders’ Representative has the meaning set forth in the Preamble.

  • Stockholder Representative has the meaning set forth in the preamble.

  • Non-Lead Note Holder Representative shall have the meaning assigned to such term in Section 6(c).

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • Contractor’s Representative means the individual authorised to act on behalf of the Contractor for the purposes of the Contract. The initial Contractor’s representative is as indicated in the Form of Agreement.

  • Non-Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(c).