Principal Holder definition

Principal Holder means the original Holder of this Warrant on the date of issue, or if such original Holder so elects, any transferee of all or any portion of this Warrant whom such original Holder shall have designated by written notice to the Company as the successor Principal Holder. Any successor Principal Holder designated pursuant to the immediately preceding sentence shall also have the right upon any subsequent transfer to designate a successor Principal Holder in the manner described above.

Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

Principal Holder means any Person or group (within the meaning of Rule 13d-5 under the Securities Exchange Act of 1934, as amended (the "1934 Act")), that is the beneficial owner, directly or indirectly, of more than ten percent (10%) of the Shares of the Trust and shall include any affiliate or associate, as such terms are defined in clause (2) below, of a Principal Holder, but shall not include FRI or any affiliated person of FRI. For the purposes of this Section 5, in addition to the Shares which a Principal Holder beneficially owns directly, a Principal Holder shall be deemed to be the beneficial owner of any Shares (1) which the Principal Holder has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise or (2) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (1) above), by any other Person or group with which the Principal Holder or its "affiliate" or "associate," as those terms are defined in Rule 12b-2 under the 1934 Act, has any agreement, arrangement, or understanding for the purpose of acquiring, holding, voting, or disposing of Shares, or which is its "affiliate" or "associate" as so defined. For purposes of this Section 5, calculation of the total Shares of the Trust shall not include Shares deemed owned through application of clause (1) above.

Examples of Principal Holder in a sentence

• If not, all payments will be made in the name of the Principal Holder and Jointholder.

• A separate Notice of Exchange should be completed for each individual or legal entity that is an Apollo Principal Holder or will become an Apollo Principal Holder following the exchange.

• Where the Principal Holder is not an individual, the following table provides the name of any person that directly or indirectly, beneficially owns or controls more than 50% of the voting rights of the Principal Holder.

• In the event of a reclassification or other similar transaction as a result of which the Class A Shares are converted into another security, then an Apollo Principal Holder shall be entitled to receive upon exchange the amount of such security that such Apollo Principal Holder would have received if such exchange had occurred immediately prior to the effective date of such reclassification or other similar transaction.

• The delivery of Class A Shares upon exchange of AOG Units shall be made without charge to the Apollo Principal Holder for any stamp or other similar tax in respect of such issuance.

More Definitions of Principal Holder

Principal Holder has the meaning set forth in the preamble hereto.

Principal Holder means a person or company, other than an underwriter in the course of a distribution, that holds securities of a Venture Issuer carrying more than 10% of the voting rights

Principal Holder means Madison Dearborn Partners IV, L.P., or any successor fund or partnership the sole general partner of which is Madison Dearborn Partners, LLC, its Affiliates, and investment funds under common management with Madison Dearborn Partners IV, L.P.

Principal Holder means any Person other than DW and Holdco, for so long as (x) such Person shall hold of record shares of Class B Stock and is not required to convert all of such shares into Class A Stock under the Vulcan Stockholder Agreement and (y) such Person is either a Principal or one or more Principals shall Control such Person.

Principal Holder means a person or company, other than an underwriter in the course of a distribution, that holds securities of a venture issuer carrying more than 10% of the voting rights attached to any class of the venture issuer’s outstanding voting securities, where securities are considered to be “held” if the person or company holds the securities by way of either

Principal Holder means a person who directly, or indirectly, beneficially owns or controls 10% or more of the Trust Units.

Principal Holder each of Bodal, the Centre Entities (which shall be treated as a single holder for purposes of this definition) and Coastal (each as defined in the Amended Securityholders Agreement).