RDLT definition
Examples of RDLT in a sentence
RDLT shall be entitled to designate such Person’s successor (the “Vacancy Nominee”) by giving written notice to the Company.
As of the date first written above, (a) each reference in the LLC Agreement to the “Non-Member Manager” shall mean and be a reference to RDLT, (b) ▇▇▇▇▇▇▇ shall automatically cease to have any title or position in, or have any power or authority to act on behalf of, the Company, (c) ▇▇▇▇▇▇▇ shall cease to have any obligations or liabilities with respect to the Company and (d) RDLT shall be the sole “Manager” of the Company under the LLC Agreement.
Without limiting the foregoing, subject to any comments from the Commission, each Registration Statement filed pursuant to this Section 7.1 shall include a “plan of distribution” approved by RDLT in his reasonable discretion (with respect to the S▇▇▇▇▇▇ Parties) and MPT in its reasonable discretion (with respect to MPT).
RDLT has executed this Agreement as of the date first written above.
This proxy is coupled with an interest and shall be irrevocable, and each of RDLT and MC will take such further action or execute such other instruments as may be necessary to effectuate the intent of this proxy and hereby revoke any proxy previously granted by him with respect to any Voting Securities Beneficially Owned by him.
Within thirty (30) Business Days of the date RDLT receives written notification of the vacancy from the Company RDLT shall notify the Company of any Vacancy Nominee or that it does not intend to fill such vacancy at such time.
Except as otherwise provided herein, the provisions of this Agreement may be waived, modified, amended, supplemented, canceled or discharged only with the prior written consent of the Company and RDLT.
RDLT will provide the Company with such additional information about the Alternative Vacancy Nominee as is reasonably requested by the Committee and cause the Alternative Vacancy Nominee to be reasonably available for interviews and discussions with the Committee.
Notwithstanding anything contained in this Section 7.6 to the contrary, the right of MPT, the S▇▇▇▇▇▇ Parties and its and their respective Affiliates to include Registrable Securities in any Demand Registration or any Piggyback Registration shall not terminate pursuant to this Section 7.6 with respect to MPT, the S▇▇▇▇▇▇ Parties and its and their respective Affiliates for so long as RDLT is entitled to nominate a S▇▇▇▇▇▇ Nominee pursuant to Section 1.1(a) of this Agreement.
Notwithstanding anything in this Section 1.6(a) to the contrary, each of RDLT and MC and their respective Affiliates shall be permitted to vote Voting Securities Beneficially Owned by them as each of RDLT and MC determine in their sole discretion with respect to any proposal submitted by any stockholder of the Company (including any proposal pursuant to Rule 14a-8) or by the Board in direct response to a stockholder of the Company, regardless of the Board’s recommendation with respect to such proposal.