Majority Equity Holder definition

Majority Equity Holder means the Depositor or, if it is no longer treated as holding an equity interest in the Issuer for U.S. federal income tax purposes, the holder of the greatest percentage of the equity interests in the Issuer. The provisions of this Section 2.11(d) shall survive any termination of this Agreement.
Majority Equity Holder means FFL, funds managed by FFL that hold equity interests in Speedstar, the general partner of such funds, and their affiliates.

Examples of Majority Equity Holder in a sentence

  • In the event that the Majority Equity Holder does not timely make the Majority Equity Holder Contribution in accordance with Section 8.19 of the Plan, then the Majority Equity Holder shall be deemed not to be a Released Party under the Plan.

  • A condition precedent to the Majority Equity Holder providing the Majority Equity Holder Contribution pursuant to Section 8.19 of the Plan is that the Majority Equity Holder Release, as approved by the Bankruptcy Court in the Confirmation Order, must be in form and substance acceptable to the Majority Equity Holder in its sole discretion.

  • For the avoidance of doubt, consistent with the terms of the Amended Plan, the condition to the Effective Date set forth at Section 12.2(a) of the Amended Plan requiring entry of this Order in form and substance reasonably satisfactory to the Debtors, the Majority Consenting Lenders and, solely with respect to the Majority Equity Holder Release and the Majority Equity Holder Contribution, the Majority Equity Holder may not be waived.

  • The Releases, as modified by this Order, are approved in all respects, so ordered and shall be immediately effective on the Effective Date without further order or action on the part of the Bankruptcy Court, any of the parties to such releases or any other party, provided, however, that the Releases shall be applicable to the Majority Equity Holder only upon receipt of the Majority Equity Holder Contribution by the Debtors or the Reorganized Debtors, as applicable.

  • The Restructuring Support Agreement commits the Debtors,the Consenting First Lien Lenders and the Majority Equity Holder to a prepackaged plan of reorganization that will equitize a significant portion of the Debtors’ secured indebtedness.

  • Support for the Amended Plan by the Restructuring Support Parties, including the Majority Equity Holder providing the Majority Equity Holder Contribution, is conditioned upon approval of the Releases, without which the Restructuring Support Parties would not have supported the Amended Plan.

  • Effective only upon receipt by the Reorganized Debtors of the Majority Equity Holder Contribution, the Reorganized Debtors and the Releasing Parties shall grant the Majority Equity Holder a release of all claims and causes of action related to the Debtors, on the terms more specifically set forth in Section 9.4(b) and 9.4(c) of the Plan (the “ Majority Equity Holder Release”).

  • Following the PetitionDate, the Debtors continued negotiations with the Majority Consenting Lenders, the Consenting Second Lien Lenders and the Majority Equity Holder, ultimately entering into the amended Restructuring Support Agreement, the provisions of which are incorporated into the Amended Plan.

Related to Majority Equity Holder

  • Majority Holder as used in this Section 7.4 shall mean any holder or any combination of holders of Registrable Securities, if included in such holders' Registrable Securities are that aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) as would constitute a majority of the aggregate number of Shares (including Shares already issued and Shares issuable pursuant to the exercise of outstanding Warrants) included in all of the Registrable Securities.

  • Majority Holders means at any time the Holders of Warrants exercisable for a majority of the shares of Warrant Stock issuable under the Warrants at the time outstanding.

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Equity Holder means any Person that owns the Equity Interests in any Practice that is a party to any Management Agreement.

  • Equity Holders means the Stockholders and the Option Holders.

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.

  • Majority Stockholder means any person that would be a “50-percent shareholder” (within the meaning of section 382(g)(4)(D) of the U.S. Tax Code) of Common Stock if such person claimed a Worthless Stock Deduction at any time on or after the Petition Date.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Holder Group means the Holder plus any other Person with which the Holder is considered to be part of a group under Section 13 of the Exchange Act or with which the Holder otherwise files reports under Sections 13 and/or 16 of the Exchange Act. In determining the number of Equity Interests of a particular class outstanding at any point in time, the Holder may rely on the number of outstanding Equity Interests of such class as reflected in (x) the Company’s most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission, as the case may be, (y) a more recent public announcement by the Company or (z) a more recent notice by the Company or its transfer agent to the Holder setting forth the number of Equity Interests of such class then outstanding. For any reason at any time, upon written or oral request of the Holder, the Company shall, within one (1) Trading Day of such request, confirm orally and in writing to the Holder the number of Equity Interests of any class then outstanding. Anything herein to the contrary, any increase in the Beneficial Ownership Limitation will not be effective until the 61st day after such notice is delivered to the Company. The provisions of this Section 10 shall be construed, corrected and implemented in a manner so as to effectuate the intended beneficial ownership limitation herein contained.

  • Initial Holders has the meaning set forth in the preamble.

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • Permitted Holder Group shall have the meaning assigned to such term in the definition of “Permitted Holders.”

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • Lead Investor means Empery Asset Master, Ltd.

  • Class A Shareholder means a holder of Class A Shares;

  • Initial Holder has the meaning set forth in the preamble.

  • CD&R Investors means, collectively, (i) CD&R Fund VIII, (ii) CD&R Friends & Family Fund VIII, L.P., a Cayman Islands exempted limited partnership, and any successor in interest thereto, and (iii) any Affiliate of any CD&R Investor identified in clauses (i) and (ii) of this definition.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Principal Stockholders CERTAIN TRANSACTIONS," "DESCRIPTION OF SECURITIES," and "SHARES ELIGIBLE FOR FUTURE SALE" have been reviewed by such counsel, and insofar as they refer to statements of law, descriptions of statutes, licenses, rules or regulations or legal conclusions, are correct in all material respects;

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • PIPE Investors means those certain investors participating in the PIPE Investment pursuant to the Subscription Agreements.

  • Principal Stockholder means, collectively, (i) the Sponsor and (ii) any affiliate or successor of a person referenced in clauses (i) and (ii) of this definition.

  • Key Holder Registrable Securities means (i) the shares of Common Stock held by the Key Holders, and (ii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of such shares.

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.