Voting Term definition

Voting Term means the period beginning on the Effective Date and ending on the third anniversary of the Effective Date.
Voting Term means the period from the execution of this Agreement until the earliest of (i) the Effective Time, (ii) 12 months after the termination of the Merger Agreement, if the Merger Agreement is terminated for a cause pursuant to which Bergen is entitled to the payment of the amount specified in Section 8.05(b) of the Merger Agreement, or (iii) the termination of the Merger Agreement for any other cause.
Voting Term means the period from the execution of this Agreement until the earlier of the termination of the Transaction Agreement and the Effective Time (as defined therein).

Examples of Voting Term in a sentence

  • Notwithstanding anything to the contrary contained herein, (a) the covenants and agreements set forth in (i) Sections 4.01 and 4.02 shall terminate and be of no further force or effect at the end of the Voting Term, and (ii) Sections 5.01, 5.02, 6.01 and 6.07 shall terminate and be of no further force or effect at the end of the Term, and (b) this Agreement shall terminate upon any termination of the Merger Agreement in accordance with the terms thereof prior to the occurrence of the Effective Time.

  • Each such proxy and power will be irrevocable during the Voting Term.

  • Pledgor hereby agrees that until the Obligations are satisfied in full and subject to Pledgee's written acknowledgment of same (which period shall be referred to hereinafter as the "Voting Term"), Pledgee shall have full power and authority to vote the Shares in any manner as Pledgee, in its sole and absolute discretion, chooses (without any duty whatsoever to Pledgor), and Pledgor shall have no voting rights whatsoever with respect to the Shares.

  • Each Securityholder agrees that, during the Voting Term, this Agreement and the obligations hereunder shall attach to such Securityholder's Shares and shall be binding upon any person or entity to which legal or beneficial ownership of such Shares shall pass, whether by operation of law or otherwise, including without limitation, if applicable, such Securityholder's heirs, guardians, administrators, successors or assigns.

  • This Agreement shall terminate on the date of the expiration of the Voting Term.

  • Xxxx, Xx. an irrevocable proxy for the Voting Term, which such proxy is expressly agreed between the parties hereto to be coupled with an interest as contemplated by applicable law.

  • At all meetings of the stockholders of Purchaser, or with regard to any action taken pursuant to consent, during the Voting Term, the Pledged Shares held or owned by Pledgee shall be voted by Xxxx X.

  • The Company hereby acknowledges and agrees that such affiliates will not be deemed to have received Confidential or Proprietary Information solely because any such CP Individual serves in any of the foregoing capacities, provided that such CP Individual has not provided such affiliate with Confidential or Proprietary Information or used Confidential or Proprietary Information in its role at such affiliate.

  • Such Securityholder's Shares and the certificates representing such Shares are now, and at all times during the Voting Term hereof will be, held by such Securityholder free and clear of all proxies, voting trusts and voting agreements, understandings or arrangements providing for any right on the part of any person other than such Securityholder to vote such Shares except any such understandings arising under this Agreement.

  • Any of the Shares subject to this Section 2 shall remain so subject, regardless of any conveyance thereof to any party, during the Voting Term, and any party proposing to transfer any of the Shares in a transaction which is not permitted shall secure a written agreement from the transferee that such party agrees to be bound by the teens of this Section 2 in form and substance satisfactory to Pledgee.


More Definitions of Voting Term

Voting Term has the meaning set forth in Section 4(a).
Voting Term means the period from the execution of this Agreement until the earliest of (i) the Effective Time, (ii) 12 months after the termination of the Merger Agreement, if the Merger Agreement is terminated by Servico pursuant to Section 7.4(e) of the Merger Agreement as the result of an intentional or willful breach by Impac of any representation, warranty or covenant contained in the Merger Agreement, or (iii) the termination of the Merger Agreement for any other cause.
Voting Term means the xxxxxx xxxxxxxxx on the Closing Date and continuing through the earlier of the date (a) that is five (5) years after the Closing Date, (b) on which the Holders cease to own at least 450,000 shares, in the aggregate, of the Company's common stock, and (c) SAB ceases to be an employee of the Company for any reason. Each Holder agrees to vote all of the Secondary Shares then owned by such Holder (including any Secondary Shares over which he/she/it exercises voting control) to approve and adopt the election of each of the five (5) directors designated by SAB, and approved by the nominating committee of the Board, to the Board at any annual meeting of stockholders and at any postponement or adjournment thereof; provided, however, that each Holder shall only be obligated to vote his/her/its Secondary Shares in such manner the first time any designee stands for election to the Board, and voting of Secondary Shares by each Holder with respect to each designee after the first time such designee stands for election shall be in accordance with Section 7.3 herein.
Voting Term means of the fifth anniversary of the date hereof, and every subsequent fifth anniversary of such date until the termination or expiration of this Agreement.
Voting Term means a period beginning on the Effective Date and ending on the earlier to occur of (i) the tenth anniversary of the Effective Date or (ii) the date of sale by Pledgee under the Shares in a Permitted Transaction, and a "Permitted Transaction" shall mean (A) a bona fide broker transaction in the public market or (B) a private transaction in which no single purchaser of the any of the Pledged Shares shall receive a block of more than 25,000 shares of Pledgor's Common Stock. A counterpart of this Agreement shall be deposited with Purchaser at its principal offices and shall be subject to the same rights of examination of any stockholder of Purchaser, in person or by agent or attorney, as are the books and records of Purchaser. At all meetings of the stockholders of Purchaser, or with regard to any action taken pursuant to consent, during the Voting Term, the Pledged Shares held or owned by Pledgee shall be voted by Xxxx X. Xxxx, Xx., in the manner designated by him. To the extent necessary for the enforcement hereof, this Agreement shall be deemed to provide Xxxx X. Xxxx, Xx. an irrevocable proxy for the Voting Term, which such proxy is expressly agreed between the parties hereto to be coupled with an interest as contemplated by applicable law. Any share of Purchaser's Common Stock subject to this Section 2 shall remain so subject, regardless of any conveyance thereof to any party, during the Voting Term, and any party proposing to transfer any of the Pledged Shares in a transaction which is not a Permitted Transaction shall secure a written agreement from the transferee that such party agrees to be bound by the terms of this Section 2 in form and substance satisfactory to Purchaser. Pledgee understands that Purchaser shall not permit the voting of the Pledged Shares in contravention of the terms hereof.

Related to Voting Term

  • Remaining Term means the remaining period in the term of this Agreement had the Agreement not been terminated (rounded to nearest month), up to a maximum of twenty (20) years.

  • Existing Termination Date as defined in Section 2.18.

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Orig Term Prop Type: Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 8329066 180 14 $43,224.00 $20,000.00 $195.78 751 0301388807 6 175 1 $80,000.00 09/07/2002 24 XXXXXX XX 00000 02 8.400 80 $19,717.17 09/19/2017 2 8327362 300 14 $98,416.00 $47,204.79 $568.23 672 0301511515 8 295 1 $126,000.00 09/09/2002 50 Xxxxxx XX 00000 02 14.000 116 $47,148.60 09/13/2027 2 8327516 180 14 $178,666.00 $59,924.02 $774.02 686 0301510517 6 175 1 $210,000.00 09/09/2002 44 Xxxxxx XX 00000 02 13.400 114 $59,292.09 09/13/2017 2 8034353 181 14 $48,000.00 $27,000.00 $323.88 673 0301357182 6 176 1 $60,000.00 09/09/2002 42 XXXXXX XXXX XX 00000 02 11.990 125 $26,780.32 10/01/2017 2 8327394 180 14 $86,844.60 $35,148.09 $474.00 668 0301511481 6 175 1 $97,662.00 09/09/2002 48 Xxx Xxxxxx XX 00000 02 14.250 125 $35,034.18 09/13/2017 2 8328088 180 16 $100,272.29 $26,212.79 $345.22 706 0301511390 6 175 1 $118,000.00 09/09/2002 45 Xxxxxxx XX 00000 02 13.780 108 $26,005.81 09/13/2017 2 8167909 180 14 $115,680.00 $48,850.00 $617.43 676 0301488417 6 175 1 $135,601.00 09/09/2002 33 Xxxxxxxx XX 00000 02 12.980 122 $48,234.92 09/24/2017 2 8327952 144 14 $179,968.00 $49,999.59 $683.60 663 0301511382 6 139 1 $185,000.00 09/09/2002 48 Xxxxxxxx XX 00000 02 12.880 125 $49,209.10 09/13/2014 2 8327684 180 14 $73,713.36 $18,448.66 $235.00 692 0301511051 6 175 1 $100,064.00 09/10/2002 45 Xxxxxx Xxxxx XX 00000 02 13.130 93 $18,195.88 09/14/2017 2 8326960 179 14 $149,847.89 $49,945.09 $659.00 664 0301511499 6 174 1 $186,864.00 09/10/2002 46 Xxxxxxxxx XX 00000 02 13.780 107 $49,712.77 08/14/2017 2 8327896 180 14 $93,005.00 $62,370.50 $750.96 726 0301576443 6 175 1 $125,000.00 09/10/2002 32 Xxxxxxxxx XX 00000 02 12.060 125 $61,715.72 09/14/2017 2 8328432 180 14 $61,862.60 $19,269.01 $242.28 667 0301511432 6 175 1 $65,000.00 09/10/2002 37 Xxxxxxxxxx, XX 00000 02 12.880 125 $18,959.76 09/14/2017 2 8327908 180 14 $67,161.30 $38,978.89 $506.07 676 0301511440 6 175 1 $85,000.00 09/10/2002 47 Xxxxx XX 00000 02 13.500 125 $38,609.40 09/14/2017 2 8328500 180 14 $132,275.00 $59,977.76 $764.00 696 0301511408 6 175 1 $171,935.00 09/10/2002 50 Xxxxxxxxxxxx XX 00000 02 13.130 112 $59,630.71 09/14/2017 2 8328228 180 14 $113,757.00 $47,929.48 $570.00 707 0301576427 6 175 1 $163,956.00 09/10/2002 34 Xxxxxxxxxxxx XX 00000 02 11.830 99 $45,936.33 09/14/2017 2 8328024 180 14 $145,359.87 $66,666.43 $816.53 709 0301576450 6 175 1 $170,189.00 09/10/2002 46 Xxxxxxxx XX 00000 02 12.380 125 $65,898.00 09/14/2017 2 8329024 180 14 $86,085.86 $54,842.10 $681.30 704 0301576435 6 175 1 $113,000.00 09/10/2002 29 Xxxxxx Xxxxx XX 00000 02 12.650 125 $54,429.69 09/14/2017 2 8327526 180 14 $217,391.00 $49,874.63 $627.10 665 0301510376 6 175 1 $232,000.00 09/11/2002 36 Xxxxxxxxxxx XX 00000 02 12.880 116 $49,408.60 09/16/2017 2 8327276 180 14 $140,481.00 $48,210.06 $570.87 706 0301575890 6 175 1 $161,572.00 09/11/2002 00 Xxxx Xxx Xxxxxx XX 00000 02 11.750 117 $47,690.06 09/16/2017 2 8327584 180 14 $54,989.53 $16,608.61 $218.40 687 0301511093 6 175 1 $65,000.00 09/11/2002 33 Xxxxxx XX 00000 02 13.750 111 $16,475.46 09/16/2017 2 8327948 180 14 $93,666.00 $48,686.46 $616.00 673 0301510848 6 175 1 $133,909.00 09/11/2002 39 Xxx Xxxxx XX 00000 02 13.000 107 $48,143.91 09/16/2017 2

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Remaining Term Interest means, with respect to any Note, the aggregate amount of scheduled payment(s) of interest on such Note for the remaining term of such Note determined on the basis of the rate of interest applicable to such Note from and including the date on which such Note is to be redeemed by the Issuer pursuant to this Condition.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Existing Term Loan Class shall have the meaning provided in Section 2.14(g)(i).

  • Existing Term Loan Agreement means that certain Term Loan Agreement dated as of September 29, 2016 among the Borrower, the Parent, the other guarantors party thereto, the lenders party thereto and PNC Bank, National Association, as administrative agent, as the same has been or may hereafter be, amended or otherwise modified, together with any replacement or successor term loan facility that Borrower may enter into (including without limitation, any amendment and restatement of the Term Loan Agreement referred to above).

  • Revolving Termination Date means the earlier to occur of:

  • Car sharing termination time means the earliest of the following events:

  • Voting Period means the period commencing on (and including) the date of this Agreement and ending on (and including) the Expiration Date.

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Standstill Period has the meaning set forth in Section 3.1.

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Voting Day – means the day the final vote is to be taken in an election.

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • a term s notice" means written notice given not later than the first day of the term preceding the term to which the notice relates;

  • Premium Paying Term means the period as stated in the Policy Schedule, in years, over which Premiums are payable;

  • Noncompete Period or "Nonsolicitation Period" means the period beginning the date hereof and ending on the second anniversary of the termination of Employee's employment with Employer.

  • Noncompetition Period has the meaning set forth in Section 9.01.

  • Period of Limited Activity means any period of time during which a person is confined in a Hospital or nursing facility or if not confined, unable to carry on the regular and usual activities of a healthy person of the same age and sex.

  • Voting Share Reduction means an acquisition or redemption by the Corporation of Voting Shares which, by reducing the number of Voting Shares outstanding, increases the proportionate number of Voting Shares Beneficially Owned by any Person to 20% or more of the Voting Shares then outstanding; and

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement, dated as of August 30, 2012, among the Borrower, Credit Suisse, as administrative agent, and the various lenders and agents party thereto from time to time.

  • Voting Deadline means the deadline for submitting Ballots to accept or reject the Plan in accordance with section 1126 of the Bankruptcy Code that is specified in the Disclosure Statement, the Ballots or related solicitation documents approved by the Bankruptcy Court.

  • Restructuring Term Sheet means the term sheet attached as Exhibit A to the Restructuring Support Agreement.