Monarch Stockholders definition

Monarch Stockholders has the meaning set forth in the preamble, and shall include their Transferees who are Affiliates and have become stockholders of the Company.
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Monarch Stockholders means Monarch Alternative Capital LP and its Affiliates and their affiliated investment funds, and investment funds, accounts, vehicles, and other entities that are managed, advised or sub-advised by them or their Affiliates, in each case that is a Stockholder.
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Examples of Monarch Stockholders in a sentence

  • This Agreement may be amended, supplemented or otherwise modified only by a written instrument executed by the Company, the Monarch Stockholders and the Stonehill Stockholders; provided that no such amendment, supplement or other modification shall adversely affect the economic interests of any Holder hereunder disproportionately to other Holders without the written consent of such Holder.

  • If the Goldentree Stockholders and Monarch Stockholders lose such Chairman designation right, the Board of Directors shall elect a member of the Board of Directors to serve as Chairman of the Board of Directors, as selected from time to time by a majority of the Board of Directors excluding the proposed Chairman.

  • If at any time the sum of the Party Ownership Percentage of the Goldentree Stockholders and the Party Ownership Percentage of the Monarch Stockholders is less than 30%, the Goldentree Stockholders and Monarch Stockholders shall permanently lose such Chairman designation right and shall not be entitled to regain such right if they later meet or exceed such Party Ownership Percentage threshold.

  • In addition, in the event that the Company registers additional common shares for sale to the public following the closing of the July 2014 Transactions, the Company is required to give notice to the Oaktree Seller, the ▇▇▇▇▇▇ Seller, the Monarch Stockholders and certain affiliates thereof of its intention to effect such registration and, subject to certain limitations, the Company is required to include common shares of the Company held by those holders in such registration.

  • In addition, the Registration Rights Agreement also provides the Oaktree Seller and its affiliates with certain demand registration rights and provides the Oaktree Seller, ▇▇▇▇▇▇ Seller, the Monarch Stockholders and certain affiliates thereof with certain shelf registration rights in respect of any common shares of the Company held by them, subject to certain conditions, including those shares acquired pursuant to the July 2014 Transactions.

  • Should the Party Ownership Percentage of the Monarch Stockholders cease to be at least 10%, the Monarch Stockholders shall take all actions necessary or appropriate to cause the Monarch Director to immediately resign.