Restricted IDS definition

Restricted IDS means any IDS issued with the restriction that the holder may not sell, transfer, pledge or assign such IDS or the Note or Share represented by such IDS and with such other restrictions as the Committee, in its sole discretion, may impose (including any restriction on the right to vote the Share represented by such IDS and the right to receive any dividends and interest), which restrictions may lapse separately or in combination at such time or times, in installments or otherwise, as the Committee may deem appropriate.
Sample 1

Examples of Restricted IDS in a sentence

  • VESTING OF RESTRICTED IDS Restricted IDS Units that represent $1.5 UNITS: million of the initial deposit into the IDS Escrow Account shall vest on December 31, 2004, $0.5 million on the first anniversary of the Grant Date, $1.5 million on December 31, 2005 and $2.0 million on December 31, 2006 (the "Final Vesting Date") so long as the Executive remains continuously employed by Newco from the Grant Date until the applicable vesting date.

  • OWNERSHIP OF RESTRICTED Ownership of the Restricted IDS Units shall IDS UNITS; DISTRIBUTIONS: remain with the Existing Investors (in proportion to their contribution) until the Restricted IDS Units have vested as specified above.

  • The IDS Units deposited in the IDS Escrow Account are referred to herein as the "Restricted IDS Units" and the date on which such deposit is made as the "Grant Date").

  • In the event Executive's employment with Newco is terminated prior to the Final Vesting Date, all unvested Restricted IDS Units shall be returned to the Existing Investors in proportion to their original contribution of the Restricted IDS Units to the IDS Escrow Account.

  • Executive (or the subsequent transferee) shall be entitled to distributions on the vested portion of the Restricted IDS Units.

  • A Restricted IDS Award shall be subject to restrictions imposed by the Committee covering a period of time specified by the Committee (the "Restriction Period").

  • Awards of Restricted IDSs may be issued hereunder to Participants either alone or in addition to other Awards granted under the Plan (a "Restricted IDS Award").

  • Upon vesting, the vested portion of the Restricted IDS Units shall be distributed to the Executive.

  • The terms of Restricted IDS Awards need not be the same with respect to each Participant.

  • All distributions on account of the Restricted IDS Units (in the nature of interest, dividends or otherwise) shall be paid to the Existing Investors (in proportion to their original contribution) until the Restricted IDS Units vest as specified above.

Related to Restricted IDS

  • Restricted Investment means an Investment other than a Permitted Investment.

  • Restricted Investments means all Investments except the following:

  • Restricted Information means any information which is disclosed to one party to this Agreement by the other pursuant to or in connection with this Agreement (whether orally or in writing, and whether or not such information is expressly stated to be confidential or marked as such);

  • Restricted Debt has the meaning set forth in Section 6.04(b).

  • Restricted Indebtedness means Indebtedness of Holdings, the Borrower or any Subsidiary, the payment, prepayment, repurchase or defeasance of which is restricted under Section 6.09(b).

  • Restricted Business has the meaning set forth in Section 6.7(a).

  • Restricted Geographic Area is defined as all countries, territories, parishes, municipalities and states in which Company is doing business or is selling its products at the time of termination of Employee’s employment with Company, including but not limited to every parish and municipality in the state of Louisiana. Employee acknowledges that this geographic scope is reasonable given Employee's position with Company, the international scope of Company's business; and the fact that Employee could compete with Company from anywhere Company does business.

  • 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.

  • Restricted Party means a person that is:

  • Restricted Supplier means any person, company, business entity or other organisation whatsoever who has supplied goods or services to the Company or any Group Company (other than utilities and goods or services supplied for administrative purposes) during any part of the Relevant Period or who has agreed prior to the Termination Date to supply goods or services to the Company to commence at any time in the 12 months following the Termination Date.

  • Restricted Entity means (a) the Borrower and (b) each Restricted Subsidiary.

  • Restricted Client means any person, firm, corporation or other organization to whom the Participant directly or indirectly performed or assisted in performing Relevant Services, or with which the Participant otherwise had material contact, or about which the Participant learned Confidential Information or Trade Secrets, within the twenty-four months prior to the date on which the Participant’s employment with the Constituent Companies terminated.

  • Restricted License is any material license or other agreement with respect to which Borrower is the licensee (a) that prohibits or otherwise restricts Borrower from granting a security interest in Borrower’s interest in such license or agreement or any other property, or (b) for which a default under or termination of could interfere with the Bank’s right to sell any Collateral.

  • Restricted Company means any of the foregoing.

  • Restricted Debt Payments has the meaning set forth in Section 6.04(b).

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Restricted Subsidiary means any Subsidiary of the Company other than an Unrestricted Subsidiary.

  • Restricted materials means pesticides established as restricted materials under Title 3, California Code of Regulations, section 6400.

  • Restricted rights, as used in this clause, means the rights of the Government in restricted computer software, as set forth in a Restricted Rights Notice of paragraph (g) if included in this clause, or as otherwise may be provided in a collateral agreement incorporated in and made part of this contract, including minor modifications of such computer software.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Significant Restricted Subsidiary means a Restricted Subsidiary that would be a “significant subsidiary” within the meaning of the definition of “significant subsidiary” in Article 1, Rule 1-02(w) of Regulation S-X, promulgated pursuant to the Securities Act, as such Regulation is in effect on the Original Issue Date; provided that in each instance in such definition in which the term “10 percent” is used, the term “5 percent” shall be substituted therefor.

  • Restricted List means the list of companies maintained by the Compliance Officer about which the Adviser or its affiliates potentially possess material nonpublic information.

  • restricted goods means any goods the importation, exportation, transfer, or carriage coastwise, of which is prohibited, save in accordance with any conditions regulating such importation, exportation, transfer, or carriage coastwise, and any goods the importation, exportation, transfer, or carriage coastwise, of which is in any way regulated by or under the Customs laws;

  • Restricted Parties has the meaning set forth in Section 6.15(a).

  • Restricted Products means any product, device, equipment or machinery researched into, developed, manufactured, supplied, marketed, distributed or sold by the Company and with which the duties of the Executive were materially concerned or for which he was responsible during the Relevant Period, or any products, equipment or machinery of the same type or materially similar to those products, equipment or machinery;

  • Restricted means the outcome of an adverse action that limits a license or the privilege to practice.