Specified Owner definition

Specified Owner means any of the following:

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Specified Owner means any of (i) ▇▇▇▇▇▇▇▇ Energy Partners, L.P., ▇▇▇▇▇▇▇▇ Energy Fund – FI, LP or ▇▇▇▇▇▇▇▇ Energy Fund, TE, LP, (ii) ▇▇▇▇▇▇ Holdco, LLC, (iii) ▇▇▇▇▇▇▇▇▇ QES Investment LLC, (iv) Geveran Investments Ltd., and (v) any entity, affiliated fund or investment vehicle directly or indirectly controlling, controlled by, or under common control with, any of the persons described in clauses (i) through (iv) above (other than Company and its respective subsidiaries).

Specified Owner means any of the following: (i) ▇▇▇▇▇▇ ▇▇▇▇▇▇; any Person controlled by ▇▇▇▇▇▇ ▇▇▇▇▇▇ and any trust established by ▇▇▇▇▇▇ ▇▇▇▇▇▇ for the benefit of himself or his immediate family; (ii) the Company; (iii) an Affiliate of the Company; (iv) an employee benefit plan (or related trust) sponsored or maintained by the Company or any Affiliate of the Company; (v) a Person that becomes a Beneficial Owner of the Company’s outstanding Voting Securities representing 30 percent or more of the combined voting power of the Company’s then outstanding Voting Securities as a result of the acquisition of securities directly from the Company and/or its Affiliates; or (vi) a Person that becomes a Beneficial Owner of the Company’s outstanding Voting Securities representing 30 percent or more of the combined voting power of the Company’s then outstanding Voting Securities as a result of a Merger if the individuals and Entities who were the Beneficial Owners of the Voting Securities of the Company outstanding immediately prior to such Merger own, directly or indirectly, at least 50 percent of the combined voting power of the Voting Securities of any of the Company, the surviving Entity or the parent of the Company or the surviving Entity outstanding immediately after such Merger in substantially the same proportions as their ownership of the Voting Securities of the Company outstanding immediately prior to such Merger.

Examples of Specified Owner in a sentence

• For the avoidance of doubt, such owner for U.S. federal income tax purposes shall be a newly formed entity (and not a Transferred Company or a Subsidiary thereof) that is treated as a corporation for U.S. federal income tax purposes (the “Specified Owner”) and the Specified Owner shall own for U.S. federal income tax purposes all of the equity interests in the Specified Chinese Entities from the Closing until the date that is two (2) days following the Closing Date.

• If the calculation of the Performance Incentive pursuant to Section 6.6 should produce a result which is less than zero, the Owner and Operator agree that the Management Fee arrangements will be reevaluated to determine if the definitions of Performance Incentive and/or Specified Owner Return should be modified in order to provide the Owner with a reasonable return on equity invested and the Operator with fair compensation for services provided.

• In addition to the Base Management Fee and Reimbursable Costs, Owner shall pay Operator a Performance Incentive, calculated independently for each Contract Year, based on Actual Pretax Income Before Management Fees of the Facility and the Ash Landfill, minus Specified Owner Return adjusted to a pretax basis, minus the Base Management Fee.

More Definitions of Specified Owner

Specified Owner means any of the following: (i) the Company; (ii) an Affiliate; (iii) an employee benefit plan (or related trust) sponsored or maintained by the Company or any Affiliate; (iv) a Person that becomes a Beneficial Owner of the Company’s outstanding Voting Securities representing 30 percent (30%) or more of the voting power of the Company’s then outstanding Voting Securities as a result of the acquisition of securities directly from the Company and/or its Affiliates; or (v) a Person that becomes a Beneficial Owner of the Company’s outstanding Voting Securities representing 30 percent (30%) or more of the combined voting power of the then outstanding Voting Securities of the Company as a result of a Merger if the individuals and Entities who were the Beneficial Owners of the Voting Securities of the Company outstanding immediately prior to such Merger own, directly or indirectly, at least 55 percent (55%) of the combined voting power of the Voting Securities of any of the Company, the surviving entity or the parent of the surviving entity outstanding immediately after such Merger in substantially the same proportions as their ownership of the Voting Securities of the Company outstanding immediately prior to such Merger.

Specified Owner means any of the following: ▇▇▇▇▇ ▇▇▇▇▇▇;

Specified Owner means any of the following: (i) the Company; (ii) an Affiliate of the Company; (iii) an employee benefit plan (or related trust) sponsored or maintained by the Company or any Affiliate of the Company; (iv) a Person that becomes a Beneficial Owner of the Company’s outstanding Voting Securities representing 30 percent or more of the combined voting power of the Company’s then outstanding Voting Securities as a result of the acquisition of securities directly from the Company and/or its Affiliates; or (v) a Person that becomes a Beneficial Owner of the Company’s outstanding Voting Securities representing 30 percent or more of the combined voting power of the Company’s then outstanding Voting Securities as a result of a Merger if the individuals and Entities who were the Beneficial Owners of the Voting Securities of the Company outstanding immediately prior to such Merger own, directly or indirectly, at least 50 percent of the combined voting power of the Voting Securities of any of the Company, the surviving Entity or the parent of the Company or the surviving Entity outstanding immediately after such Merger in substantially the same proportions as their ownership of the Voting Securities of the Company outstanding immediately prior to such Merger.

Specified Owner has the meaning set forth in Section 6.19.