Tier 2 Holder definition

Tier 2 Holder means any Company Security Holder that is not a Tier 1 Holder that, as of the Effective Date, together with its Affiliates, owns Company Securities that represent at least 17.5% of the votes entitled to be cast by all Common Units and Preferred Units convertible into Common Units (calculated as a single class on an as-converted to Common Unit basis) and, for the avoidance of doubt, any Company Security Holder that is indicated as a Tier 2 Holder on Schedule A (each of which shall be a Tier 2 Holder from and after the Effective Date).
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Tier 2 Holder means any Company Security Holder that is not a Tier 1 Holder that, as of the Effective Date, together with its Affiliates, owns Company Securities that represent at least 17.5% of the votes entitled to be cast by all Common Units and Preferred Units convertible into Common Units (calculated as a single class on an as-converted to Common Unit basis).
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Examples of Tier 2 Holder in a sentence

  • In the event that a Tier 2 Holder together with its Affiliates ceases to have the (and no longer has any) right to designate and appoint and has designated and appointed any Manager in accordance with Section 6.4(a)(ii), then the then serving Tier 2 Manager shall no longer be a Tier 2 Manager and shall thereafter be subject to Section 6.4(a)(v) and such Manager’s removal shall thereafter be subject to this Section 6.5(a)(iv).

  • In the event that a Tier 2 Holder together with its Affiliates ceases to have the (and no longer has any) right to designate and appoint and has designated and appointed any Manager in accordance with Section 6.4(a)(ii), then the then serving Tier 2 Manager shall no longer be a Tier 2 Manager and shall thereafter be 25776957.3325776957.34 29 WEIL:\96757130\2\36182.0003 subject to Section 6.4(a)(v) and such Manager’s removal shall thereafter be subject to this Section 6.5(a)(iv).

Related to Tier 2 Holder

  • Note A-2 Holder means the Initial Note A-2 Holder or any subsequent holder of Note A-2, as applicable.

  • Note A-1-2 Holder means the Initial Note A-1-2 Holder or any subsequent holder of Note A-1-2, as applicable.

  • Initial Note A-2 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Note A-1-1 Holder means the Initial Note A-1-1 Holder or any subsequent holder of Note A-1-1, as applicable.

  • Note A-3 Holder means the Initial Note A-3 Holder or any subsequent holder of Note A-3, as applicable.

  • Effective FTR Holder means:

  • Initial Note A-3 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Note A-6 Holder means the Initial Note A-6 Holder or any subsequent holder of Note A-6, as applicable.

  • Note A-1 Holder means the Initial Note A-1 Holder or any subsequent holder of Note A-1, as applicable.

  • Initial Note A-1 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Note A-8 Holder means the Initial Note A-8 Holder or any subsequent holder of Note A-8, as applicable.

  • Qualifying Holder shall have the meaning ascribed thereto in Section 12 hereof.

  • Note A-4 Holder means the Initial Note A-4 Holder or any subsequent holder of Note A-4, as applicable.

  • Note A-5 Holder means the Initial Note A-5 Holder or any subsequent holder of Note A-5, as applicable.

  • Note A-7 Holder means the Initial Note A-7 Holder or any subsequent holder of Note A-7, as applicable.

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • Initial Note A-6 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-5 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-4 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Investor Interest means, with respect to any Series of Certificates, the amount stated in the related Supplement.

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Initial Note A-7 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • U.S. Holder means a beneficial owner of units, Class A ordinary shares or warrants that is for U.S. federal income tax purposes (i) an individual citizen or resident of the United States, (ii) a corporation (or other entity treated as a corporation for U.S. federal income tax purposes) that is created or organized (or treated as created or organized) in or under the laws of the United States, any state thereof or the District of Columbia, (iii) an estate the income of which is subject to U.S. federal income taxation regardless of its source, or (iv) a trust if (A) a court within the United States is able to exercise primary supervision over the administration of the trust and one or more U.S. persons have the authority to control all substantial decisions of the trust, or (B) it has in effect under applicable U.S. Treasury regulations a valid election to be treated as a U.S. person; and