Sponsor Stockholder definition

Sponsor Stockholder or “Sponsor Stockholders” shall have the meaning specified in the introductory paragraph of this Agreement.

Sponsor Stockholder has the meaning set forth in the Stockholders Agreement.

Sponsor Stockholder means those Stockholders of the Company who are members of the GSCP Investor Group, the CCMP Investor Group, the WP Investor Group or the THL Investor Group.

Examples of Sponsor Stockholder in a sentence

• The Sponsor Stockholders hereby agree that all covenants, agreements, liability and obligations under this Agreement are joint and several to the Sponsor Stockholders, and each Sponsor Stockholder will be liable to the fullest extent provided for in this Agreement for any breach, default, liability or other obligation of each of the other Sponsor Stockholders.

• Each Sponsor Stockholder hereby covenants and agrees that it will establish and maintain adequate procedures to prevent Confidential Information with respect to the Company, its subsidiaries and its and their businesses, finances and operations from being disclosed in violation of this Agreement.

• Any determination, consent or approval of, or notice or request delivered by, or any other action of, any Sponsor Stockholder shall be made by, and shall be valid and binding upon, all Sponsor Stockholders, if made by the Sponsor Designator.

• Beginning November 1, 2015 (or earlier if transfer restrictions under the Stockholders Agreement are terminated earlier), the Sponsor Stockholder will be permitted to, among other things, participate in offerings for Hudson’s account or the account of any securityholder of Hudson (other than in certain specified cases).

• As used in this Agreement, the following terms shall have the meanings set forth below: “5% Holder” means, as of any given date, any Stockholder (other than a Sponsor Stockholder) that, together with its Permitted Transferees, beneficially owns at least 5% but less than 10% of all issued and outstanding DHI Common Stock as of such date.

More Definitions of Sponsor Stockholder

Sponsor Stockholder means any current or former stockholder that is or was party to the Stockholders Agreement (as defined below), any Affiliate (as defined in the Stockholders Agreement) of such stockholder (other than the Corporation and its subsidiaries), and/or any other investment entity or related management company that is advised by the same investment adviser as any of the foregoing entities or by an Affiliate (as defined in the Stockholders Agreement) of such investment adviser.

Sponsor Stockholder means BCP IV, Apollo V, GSCP and any member of the BCP Investor Group, the Apollo Investor Group or the GS Investor Group which is a VCOC Stockholder and which becomes a direct holder of Common Stock as a result of a VC Distribution.

Sponsor Stockholder means any person named as such in the introductory paragraph of this Agreement or on Appendix I attached hereto, as such Appendix I may be modified from time to time.

Sponsor Stockholder shall have the meaning set forth in the Passport Stockholders Agreement. “Statutory Reserve Rate” shall mean, for any day as applied to any Eurodollar Loan, a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages that are in effect on that day (including any marginal, special, emergency or supplemental reserves), expressed as a decimal, as prescribed by the Board and to which the Administrative Agent is subject, for Eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D). Such reserve percentages shall include those imposed pursuant to such Regulation D. Eurodollar Loans shall be deemed to constitute Eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. “Subsidiary” of any Person shall mean and include (a) any corporation more than fifty percent (50%) of whose Voting Stock having by the terms thereof power to elect a majority of the directors of such corporation (irrespective of whether or not at the time stock of any class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) is at the time owned by such Person, directly or indirectly, through Subsidiaries and (b) any partnership, association, joint venture or other entity in which such Person, directly or indirectly, through Subsidiaries, has more than a fifty percent (50%) voting equity interest at the time. Unless otherwise expressly provided, all references herein to a “Subsidiary” shall mean DB1/ 110631747.4 35 DMSLIBRARY01\28390\059001\36918934.v2-5/20/20

Sponsor Stockholder means Seaport Global SPAC, LLC together with its successors and any Permitted Transferee that becomes a party hereto pursuant to S ection 7.18.

Sponsor Stockholder means Seaport Global SPAC, LLC together with its successors and any Permitted Transferee that becomes a party hereto pursuant to Section 7.18.

Sponsor Stockholder means each stockholder of the Company who is a member of the Blackstone Investor Group, the GS Investor Group or the DLJ Investor Group.