PAC Holder definition

PAC Holder means, as of any date of determination, (i) PAC, (ii) any PAC Affiliate and (iii) any other person or entity to whom PAC or any other PAC Holder transfers PAC Shares, which person or entity is required by this Agreement to be bound by the terms and provisions of this Agreement in the same manner as the transferor.
View Source

Examples of PAC Holder in a sentence

  • A PAC Holder shall notify, or cause to be notified, ------- each Stockholder Holder in writing of any proposed Tag-Along Sale at least ten (10) Business Days (as such term is defined in the Stock Purchase Agreement) prior to the effective date of such proposed Tag-Along Sale (a "PAC Tag-Along Notice").

  • Any Stockholder Holder may exercise the Tag-Along Rights set forth in Section 2(a) in connection with a Tag-Along Sale described in a PAC Tag-Along Notice by delivery of a written notice to the PAC Holder proposing to transfer PAC Shares (a "Stockholder Tag-Along Notice") within (5) Business Days following receipt of a PAC Tag- Along Notice from such PAC Holder, as prescribed by the immediately preceding sentence.

  • Any Stockholder Tag-Along Notice delivered by a Stockholder Holder to a PAC Holder in connection with a proposed Tag-Along Sale shall set forth the number of Stockholder Shares that such Stockholder Holder proposes to include in such proposed Tag- Along Sale, which number shall not exceed the Proposed Stockholder Tag-Along Shares which such Stockholder Holder is entitled to transfer in connection with such proposed Tag-Along Sale pursuant to Section 2(a) hereof.

  • A PAC Holder shall notify, or cause to be notified, ------ each Stockholder Holder in writing of any proposed Drag-Along Sale at least ten (10) Business Days prior to the effective date of such proposed Drag-Along Sale (a "PAC Drag-Along Notice").