Examples of MDCP IV in a sentence
Furthermore, without the consent of any other party hereto, but subject to the limitation on the number of directors set forth in paragraph 1H, each of MDCP IV Global Investments LP and MDCP III Global Investments LP shall be entitled to assign all or any portion of its rights to appoint directors pursuant to paragraph 1B, paragraph 1G or paragraph 1H to any other Person to whom it is transferring or has transferred equity securities of the Company.
Unless otherwise agreed to in writing by MDCP IV Global Investments LP, any such director appointed by MDCP IV Global Investments LP pursuant to this paragraph 1I shall be deemed an additional MDCP IV Global Director for purposes of this Agreement.
In the event that the Purchased Equity Director resigns or is removed as a result of an Eligible Purchased Equity Holder's failure to satisfy the Minimum Investment Condition, MDCP IV Global Investments LP shall be entitled to appoint any individuals to serve as directors as a result of the resignation or removal of the Purchased Equity Director.
As of and after the date that any Eligible Purchased Equity Holder ceases to satisfy the applicable Minimum Investment Condition or the Purchased Equity Director has become ineligible to serve as a director as a matter of law, at the election of MDCP IV Global Investments LP, the Purchased Equity Director shall resign or be removed from the Board, and the Investors shall take all actions to remove such Purchased Equity Director.
Unless otherwise agreed to in writing by MDCP IV Global Investments LP, any such director appointed by MDCP IV Global Investments LP pursuant to this paragraph 1G shall be deemed an additional MDCP IV Global Director for purposes of this Agreement.
Notwithstanding anything else to the contrary set forth herein, in no event shall MDCP IV Global Investments LP be entitled to assign all or any portion of its rights pursuant to paragraph 1I without the consent of the Company and each of the Management Investors.
Notwithstanding the foregoing, in the event any director is so designated, such director shall continue to retain the right to four (4) votes in each matter submitted to directors of the Corporation upon re-election unless and until MDCP IV shall have notified the Corporation to the contrary in writing.
Subject to the rights of any such Person to appoint a Purchased Equity Director pursuant to paragraph 1I, in the event that any of MWJS, GMcG, APJS or IJC is removed or resigns from the Board, any Subsidiary Board or any committee thereof, MDCP IV Global Investments LP shall be entitled to appoint any replacement director.
Finnegan and Mencoff, and MDP IV each disclaims any beneficial ownership of any shares held by MDCP IV, except to the extent of their respective pecuniary interests therein.
Each of the members of MDP Global Investors Limited and each of MDCP IV Global Investments LP, MDP IV Global GP, LP and MDP Global Investors Limited disclaims beneficial ownership of such shares except to the extent of their respective pecuniary interest therein.