Permitted Control Group definition

Permitted Control Group means the “group” within the meaning of Section 13(d) or 14(d) of the Exchange Act comprised of the parties (other than REI) to that certain Stockholders Agreement, dated as of January 29, 2014 (without giving effect to any subsequent amendments, joinders or modifications thereto); provided that such “group” shall cease to be the “Permitted Control Group” if at any time the “ANR Entities” as defined in such agreement acquire, in the aggregate, direct or indirect beneficial ownership of a percentage of ordinary voting power of the outstanding Equity Interests of REI for the election of directors of REI that is greater than the percentage of the ordinary voting power for the election of directors of REI owned in the aggregate, directly or indirectly, beneficially, by the Permitted Investors.
Permitted Control Group means the “group” within the meaning of Section 13(d) or 14(d) of the Exchange Act comprised of (a) Rice Energy Holdings LLC, (b) Rice Energy Family Holdings, LP, (c) NGP Rice Holdings, LLC and (d) Alpha Natural Resources, Inc.; provided that such “group” shall cease to be a “Permitted Control Group” if at any time Alpha Natural Resources, Inc. (or its Affiliates) becomes the Beneficial Owner, directly or indirectly, of a percentage of the Voting Stock of the Company, measured by voting power rather than number of shares, that is greater than the percentage of the Voting Stock of the Company, measured by voting power rather than number of shares, that is Beneficially Owned in the aggregate, directly or indirectly, by the Permitted Holders.
Permitted Control Group means the “group” within the meaning of Section 13(d) or 14(d) of the Exchange Act comprised of the parties (other than Parent) to that certain Stockholders Agreement dated as of January 29, 2014, as amended by that certain First Amendment to the Stockholders’ Agreement dated as of August 8, 2014 (without giving effect to any subsequent amendments, joinders or modifications thereto).

Examples of Permitted Control Group in a sentence

  • The Borrower shall remain under the Legal Control of one or more Permitted Control Group Members during the term of the Loan.

  • The Borrower and the Property are under the Legal Control of one or more Permitted Control Group Members.


More Definitions of Permitted Control Group

Permitted Control Group means the “group” within the meaning of Section 13(d) or 14(d) of the Exchange Act comprised of the parties (other than the Borrower) to that certain Stockholders Agreement dated as of January 29, 2014 (without giving effect to any subsequent amendments, joinders or modifications thereto); provided that such “group” shall cease to be the “Permitted Control Group” if at any time the “ANR Entities” as defined in such agreement acquire, in the aggregate, direct or indirect beneficial ownership of a percentage of ordinary voting power of the outstanding Equity Interests of the Borrower for the election of directors of the Borrower that is greater than the percentage of the ordinary voting power for the election of directors of the Borrower owned in the aggregate, directly or indirectly, beneficially, by the Permitted Investors.