PSH definition

PSH means Protected Security Holdings, LLC, a Delaware limited liability company.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

PSH means Protected Security Holdings, LLC.

PSH means Pershing Square Holdings, Ltd., a Guernsey limited liability company. n. “PSH TopCo Preference” means, with respect to PSH for any Crystallization Period, an amount equal to a 16% Performance Fee that would have been earned if PSH had experienced a net of Management Fee return of five percent (5%) per annum on such Fund’s Performance Benchmark Amount. For clarity, the PSH TopCo Preference is not reduced by the FOA and would represent 0.80% of PSH’s Performance Benchmark Amount (equivalent to the product of 16% and 5%). o. “TopCo Preference” means (i) with respect to PSH, the PSH TopCo Preference and (ii) with respect to any Non-PSH Fund, such Fund’s Non-PSH Fund TopCo Preference.

Examples of PSH in a sentence

Any purported transfer of PSH Shares in contravention of this paragraph shall be void.
Such Shareholder shall, immediately prior to the Closing, have good and valid title to the PSH Shares to be directly contributed by such Shareholder, free and clear of all Liens other than restrictions on transfers under applicable securities Laws.
Such Shareholding Vehicle(s) shall, immediately prior to the Closing, have good and valid title to the PSH Shares held by such Shareholding Vehicle(s), and such ownership interests and such PSH Shares shall, immediately prior to the Closing, be free and clear of all Liens other than restrictions on transfers under applicable securities Laws.
Upon receipt of written notice with respect to a Permitted Tax Disposition, and without any further action on the part of any person, Exhibit A shall be deemed amended to reduce the Subject PSH Shares of the disposing Shareholder in the amount of the PSH Shares so disposed.
Immediately prior to the Closing, the assets of such Shareholding Vehicle shall be comprised solely of the PSH Shares, and such Shareholding Vehicle shall have no liabilities other than tax liabilities relating to such PSH Shares.
HoldCo is acquiring the PSH Shares and ownership interests in the Shareholding Vehicles for its own account and not with a view towards distribution.
Further, in the event the measurement period for the Exchange Ratios follows the announcement by PSH or HoldCo of a dividend or distribution on the PSH Shares or HoldCo Shares, as applicable, and the applicable ex-dividend date shall not have occurred prior to such measurement period, then the Exchange Ratio shall be properly adjusted to take into account ex-dividend trading.
In the event that a Shareholder or Shareholding Vehicle transfers PSH Shares and/or ownership interests in any Shareholding Vehicle(s) to any person other than another existing Shareholder or Shareholding Vehicle or pursuant to a Permitted Tax Disposition, Exhibit A shall not be amended to reflect such transfer and such Shareholder’s aggregate Subject PSH Shares shall remain the same except as otherwise agreed by HoldCo.
Any portion of the PSH TopCo Preference that is not paid to TopCo with respect to any Crystallization Period shall accumulate and shall increase the PSH TopCo Preference for purposes of the subsequent Crystallization Period.
TopCo will be entitled to receive from PSCM (directly or indirectly), with respect to each Crystallization Period for PSH, an amount equal to the PSH TopCo Preference as of the end of such Crystallization Period, to the extent of the aggregate of (i) any Performance Fees that PSCM received from PSH, (ii) aggregate Offsettable Management Fees that PSCM received and (iii) aggregate Offsettable Performance Fees that PSCM received.

More Definitions of PSH

PSH means PSH Corp., a Delaware corporation and a Subsidiary of Penske Performance, the outstanding capital stock of which as of the Closing Date is owned eighty percent (80%) by Penske Performance.

PSH means Physicians Surgical Hospitals, L.L.C.

PSH has the meaning set forth in Schedule 1 (Operating Responsibilities).

PSH means, blended bitumen which we call Premium Synthetic Heavy;

PSH means Prime South Holdings, Inc., a Delaware corporation and a wholly-owned, direct and indirect, Subsidiary of PSD.

PSH means permanent supportive housing, i.e., long-term housing with services addressing needs of people experiencing homelessness, such as health care and case management. (These figures are included in the permanent housing needs shown in previous slides.)