Tentative 9.9% U.S. Member definition

Tentative 9.9% U.S. Member means a Person that, but for adjustments to the voting rights of shares pursuant to Article 22 would be a 9.9% U.S. Member.
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Examples of Tentative 9.9% U.S. Member in a sentence

  • In the event that a Tentative 9.9% U.S. Member exists, the aggregate votes conferred by Shares held by a Member which are treated as Controlled Shares of that Tentative 9.9% U.S. Member shall be reduced to the extent necessary such that the Controlled Shares of that Tentative 9.9% U.S. Member will constitute less than 9.9% of the voting power of all Shares.

  • Special meetings of Shareholders shall be held, notice of such meetings shall be delivered, and waiver of notice shall occur according to the provisions of the Trust’s Bylaws, including via electronic transmission to a Shareholder at his or her address as it is registered with the Trust.

  • The votes attributable to Shares of Members owning no Shares treated as Controlled Shares of any Tentative 9.9% U.S. Member shall, in the aggregate, be increased by the same number of votes subject to reduction as described above.

  • Any Member that acquires actual knowledge that it is a Tentative 9.9% U.S. Member or that the Shares that it owns are Controlled Shares of a Tentative 9.9% U.S. Member shall give notice to the Company within fifteen (15) days following the date of acquisition of such actual knowledge.

  • In the event that a Tentative 9.9% U.S. Member exists, the aggregate votes conferred by Class A Ordinary Shares held by a Member and treated as Controlled Shares of that Tentative 9.9% U.S. Member shall be reduced to the extent necessary such that the Controlled Shares of the Tentative 9.9% U.S. Member will constitute less than 9.9% of the voting power of all Ordinary Shares.

  • The votes attributable to Class A Ordinary Shares of Members owning no Class A Ordinary Shares treated as Controlled Shares of any Tentative 9.9% U.S. Member shall, in the aggregate, be increased by the same number of votes subject to reduction as described above.

  • Page 31 Tentative 9.9% U.S. Member or Tentative 24.5% U.S. Member shall be reduced to the extent necessary such that the Controlled Shares of the Tentative 9.9% U.S. Member or Tentative 24.5% U.S. Member will constitute 9.9% of the voting power of all issued and outstanding shares.

  • Notwithstanding the foregoing, neither the Company nor a Director will be liable to a Member or Indirect holder of shares for any losses or damages in the event that the Company reaches an erroneous conclusion on the existence of a Tentative 9.9% U.S. Member or a Tentative 24% U.S. Member.

  • The Board shall from time to time, including prior to any time at which a vote of Members is taken, take all reasonable steps that the Board, in its discretion, deems necessary, including those specified in Bye-law 39, to ascertain through communications with Members or otherwise, whether there exists, or will exist at the time any vote of Members is taken, a Tentative 9.9% U.S. Member or Tentative 24.5% U.S. Member.

  • Any Member shall give notice to the Company within ten days following the date that such Member acquires actual knowledge that it is a Tentative 9.9% U.S. Member or that its Class A Ordinary Shares are Controlled Shares of a Tentative 9.9% U.S. Member.

Related to Tentative 9.9% U.S. Member

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xi).

  • Designated member means the spouse, child, grandchild, parent, brother, or sister of a deceased individual who owned an interest in a wholesaler, who is entitled to inherit the deceased individual's ownership interest in the wholesaler under the terms of the deceased individual's will, or who has otherwise been designated in writing by the deceased individual to succeed the deceased individual in the wholesaler's business, or is entitled to inherit such ownership interest under the laws of intestate succession of this state. With respect to an incapacitated individual owning an ownership interest in a wholesaler, the term means the person appointed by a court as the conservator of such individual's property. The term also includes the appointed and qualified personal representative and the testamentary trustee of a deceased individual owning an ownership interest in a wholesaler.

  • Tax Matters Member has the meaning set forth in Section 8.4(d).

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Active member means a member of the pension program or the individual account program

  • Panel Member ’ means a member of a panel;

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Committee Member means a member of the Committee.

  • Authorized Allocation means an amount equivalent to $1,000,000 to be withdrawn from the Loan Account and deposited into the Special Account pursuant to paragraph 3 (a) of this Schedule, provided, however, that unless the Bank shall otherwise agree, the Authorized Allocation shall be limited to an amount equivalent to $500,000 until the aggregate amount of withdrawals from the Loan Account plus the total amount of all outstanding special commitments entered into by the Bank pursuant to Section 5.02 of the General Conditions shall be equal to or exceed the equivalent of $2,000,000.

  • Council Member means a member of the Council;

  • Non-Managing Member means any Member other than the Managing Member.

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • Lead Member of the Bidding Consortium or “Lead Member” shall mean a company who commits at least 26% equity stake in the Project, meets the technical requirement as per Clause 2.1.2and so designated by other Member(s) in Bidding Consortium;

  • Lead Partner means the lead partner of a joint venture, as described in Sub-Clause

  • Alternate member means a person who is qualified under Iowa Code section 148.2A to substitute for a board member who is disqualified or becomes unavailable for any other reason for a contested case hearing. An alternate board member is deemed a member of the board only for the hearing panel(s) for which the alternate board member serves.

  • Major Decisions shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement; provided that at any time that Note A-1 is not included in the Lead Securitization, “Major Decision” shall mean:

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • Associate Member means a person appointed to perform specific statutory and non-statutory duties which have been delegated by the Trust Board for them to perform and these duties have been recorded in an appropriate Trust Board minute or other suitable record.

  • Plan Member means each Member any of the assets of which are subject to any Plan Governing Law.

  • Participating member means an eligible employee who elects to participate in the defined contribution retirement plan established under this chapter.

  • Final Allocation has the meaning set forth in Section 2.3.

  • county executive committee member means the county executive committee member responsible for matters relating to land;

  • Managing Member is defined in the recitals to this Agreement.

  • conditional allocation ’ means an allocation to a province or municipality from the national government’s share of revenue raised nationally, envisaged in section 214(1)(c) of the Constitution, as set out in Schedule 4, 5, 6 or 7;

  • Class Member means a member of the Class.

  • CAFRA Planning Map means the map used by the Department to identify the location of Coastal Planning Areas, CAFRA centers, CAFRA cores, and CAFRA nodes. The CAFRA Planning Map is available on the Department's Geographic Information System (GIS).