Permitted Distributee definition

Permitted Distributee means a direct or indirect holder of equity interests in a Holder that is listed on Schedule B hereto and that has delivered to the Company a Representation Letter (as defined in the Contribution Agreement).
Sample 1Sample 2Sample 3
Permitted Distributee means a direct or indirect holder, as of the
Sample 1
Permitted Distributee has the meaning specified in the Shareholders' Agreement.
Sample 1

Examples of Permitted Distributee in a sentence

  • Seller may assign its rights to indemnification under this ARTICLE X to any Permitted Distributee or Permitted Distributees of SMC Common Stock, and each such Permitted Distributee shall have the same rights to indemnification under this ARTICLE X as Seller.

  • No person to which any Permitted Distributee transfers any of its Ordinary Shares or Ordinary Share Equivalents so distributed to it shall be deemed a Holder or otherwise have any rights or obligations under this Agreement unless (i) prior to such transfer such Permitted Transferee itself has rights or obligations under this Agreement in accordance with this Section 5 and (ii) such Transferee is an Affiliate of such Permitted Distributee.

  • The Company will not take any action, or permit any change to occur, with respect to the Registrable Securities which would adversely affect the ability of any Holder (other than any Company Holder or any Permitted Distributee, subject, in each case, to the terms of Section 9(p) below) to include such Registrable Securities in a registration undertaken pursuant to this Agreement.


More Definitions of Permitted Distributee

Permitted Distributee means (i) a direct or indirect holder of equity interests in a Holder and (ii) any Person listed on SCHEDULE B hereto, in either case that has delivered to the Company a Representation Letter (as defined in the Contribution Agreement) or has caused a representative appointed by such Person (which representative qualifies as an Accredited Investor (as defined in the Contribution Agreement)) to deliver to the Company a Representation Letter on such Person's behalf.
Sample 1
Permitted Distributee means a direct or indirect holder, as of the --------------------- date hereof, of equity interests in Reservoir Place Limited Partnership Associates, but only if such Person is listed on Schedule A hereto.
Sample 1
Permitted Distributee means a direct or indirect holder of equity interests in a Holder that is listed on S chedule B hereto and that has delivered to the Company an Investor Questionnaire (as defined in the Contribution Agreement).
Sample 1
Permitted Distributee means, for any Shareholder Party, a person to whom such Shareholder Party distributes, dividends or transfers (or proposes to distribute, dividend or transfer) Shares pursuant to a Permitted Distribution in accordance with this Agreement and the Bye-Laws;
Sample 1

Related to Permitted Distributee

  • Permitted Distribution means any of the following:

  • Permitted Distributions means the following Distributions:

  • Restricted Distribution means as to any Person (i) any dividend or other distribution on any equity interest in such Person (except those payable solely in its equity interests of the same class) or (ii) any payment on account of (a) the purchase, redemption, retirement, defeasance, surrender or acquisition of any equity interests in such Person or any claim respecting the purchase or sale of any equity interest in such Person or (b) any option, warrant or other right to acquire any equity interests in such Person.

  • Permitted Disposition means any of the following:

  • Permitted Disposal means any sale, lease, licence, transfer or other disposal which, except in the case of Disposals as between members of the Group, is on arm’s length terms:

  • Permitted Dispositions means each of the following:

  • Permitted Designee means (i) a spouse or a child of a Permitted Holder, (ii) trusts for the benefit of a Permitted Holder or a spouse or child of a Permitted Holder, (iii) in the event of the death or incompetence of a Permitted Holder, his estate, heirs, executor, administrator, committee or other personal representative or (iv) any Person so long as a Permitted Holder owns at least 50% of the voting power of all classes of the voting stock of such Person.

  • Qualified disposition means, subject to subparagraphs (iii) and (iv), a disposition after which both subparagraphs (i) and (ii) apply to the subject property:

  • Qualified distribution means a distribution from a Roth Elective Deferral Account after the Participant has satisfied a five year tax holding period and has attained age 59½, died, or become Disabled, in accordance with Code Section 402A(d). The five year tax holding period is the period of five consecutive taxable years that begins with the first day of the first taxable year in which the Participant makes a designated Roth Elective Deferral under the Plan or to another retirement plan which amount was directly rolled over to the Plan, and ends when five consecutive taxable years have been completed.

  • Permitted Investor means collectively, Energy Capital Partners III, LP, Energy Capital Partners III-A, LP, Energy Capital Partners III-B, LP, Energy Capital Partners III-C, LP and Energy Capital Partners-D, LP, Quantum Strategic Partners, and each of their Permitted Transferees (as defined in the Investors Agreement, dated as of March 29, 2018, by and among the Parent and the other signatories thereto).

  • Permitted Dividend has the meaning provided in Section 6.1(d).

  • Permitted Dividends means dividends or distributions made by the Company on its Class A Shares, and, without duplication, the Operating Partnerships to fund such dividends or distributions, annually in an aggregate amount equal to not less than 20% of the Company’s annual Distributable Earnings or more than 30% of Distributable Earnings; provided, that, if the minimum amount of dividends or distributions eligible to be made hereunder would be $1.00 or less per Class A Share, then up to $1.00 per Class A Share (subject to appropriate adjustment in the event of any equity dividend, equity split, combination or other similar recapitalization with respect to the Class A Shares after the Issuance Date).

  • Expected Distributions means, with respect to the Certificates of any Trust on any Current Distribution Date, the difference between (A) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (or, if the Current Distribution Date is the first Distribution Date after the date of issuance of such Certificates, the original aggregate face amount of the Certificates of such Trust) and (B) the Pool Balance of such Certificates as of the Current Distribution Date calculated on the basis that (i) the principal of any Non-Performing Equipment Notes held in such Trust has been paid in full and such payments have been distributed to the holders of such Certificates, (ii) the principal of any Performing Equipment Notes held in such Trust has been paid when due (whether at stated maturity or upon prepayment or purchase or otherwise, but without giving effect to any Acceleration of Performing Equipment Notes) and such payments have been distributed to the holders of such Certificates and (iii) the principal of any Equipment Notes formerly held in such Trust that have been sold pursuant to the terms hereof has been paid in full and such payments have been distributed to the holders of such Certificates. For purposes of calculating Expected Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest in respect of the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Expected Distributions.

  • Specified Disposition means any disposition of all or substantially all of the assets or Capital Stock of any Subsidiary of the Borrower or any division, business unit, product line or line of business.

  • Permitted Debt means any Financial Indebtedness:

  • Prohibited Distributions means any and all dividends or other distributions paid by the Corporation with respect to any Excess Securities received by a Purported Transferee.

  • Permitted Deductions means the following deductions to the extent included in the gross invoiced sales price of the Product, or otherwise directly paid or incurred by the Selling Entity with respect to the sale:

  • Permitted Discretion means a determination made in the exercise of reasonable (from the perspective of a secured lender) business judgment.

  • Permitted Investors the collective reference to the Sponsor and its Control Investment Affiliates.

  • Permitted Restricted Payments means any of the following Restricted Payments made by:

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Permitted Asset Disposition means (i) any Asset Disposition permitted by Section 8.5 and (ii) any Excluded Asset Disposition.

  • Rollover Distribution shall be defined as set forth in Section 5.05, herein."

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Permitted Affiliate means with respect to any Person (a) any Person that directly or indirectly controls such Person, and (b) any Person which is controlled by or is under common control with such controlling Person. As used in this definition, the term “control” of a Person means the possession, directly or indirectly, of the power to vote eighty percent (80%) or more of any class of voting securities of such Person or to direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise.