Indirect Ownership Sample Clauses

Indirect Ownership. If any Unitholder holds Units through a Person other than an individual, then each beneficial owner of such Unitholder shall be deemed to be, together with such Unitholder, the Unitholder for the purposes of all covenants and obligations of such Unitholder under this Agreement and the agreements contemplated hereby, and such Unitholder shall cause such beneficial owners to comply with and perform such covenants. Any contrary provision in this Agreement or any corporate governing documents of any Unitholder that is not an individual notwithstanding, except as specifically permitted or required by this Agreement, such Unitholder and its equityholders, partners and beneficiaries may not, without full compliance with this Section 8, (a) directly or indirectly transfer any Units, (b) permit the transfer of any portion of the direct or indirect equity or beneficial interest in the Unitholder or (c) otherwise seek to avoid any transfer restriction or requirement in this Section 8 by issuing, or permitting the issuance of, any direct or indirect equity or beneficial interest in such Unitholder in a manner that would fail to comply with this Agreement if such Person were a direct holder of Units. If any Unitholder holds Units through a Person other than an individual, then the beneficial owner of such Unitholder who is or was an employee or independent contractor of the Company or its subsidiaries shall be deemed to be, together with such Unitholder, the Unitholder for the purposes of this Agreement with respect to provisions addressing or impacted by the employment, engagement or conduct of the Unitholder in a way that refers to a Unitholder as an individual.

Indirect Ownership. For purposes of this section, indirect ownership of stock or another equity interest (such as an interest in a partnership) shall be determined in accordance with the principles of section 318, substituting the phrase "10 percent" for the phrase "50 percent" each time it appears.

Indirect Ownership. A claim under section 1644b of this title for losses based upon an indirect ownership interest in a corporation, association, or other entity,

Indirect Ownership. With respect to any Limited Partner interest or portion thereof held indirectly by a BHC Partner, ERISA Partner and/or Governmental Plan Partner of any APC Fund, this Agreement shall be interpreted and applied as if such Persons were Partners to the extent necessary to facilitate implementation of the intent of the APC Fund Agreements.

Indirect Ownership. With respect to any Member that is not a natural person, the Member shall provide CTA Data for each natural person (as applicable, an "Indirect Owner") who owns any membership interest in the Company indirectly through such Member or whose CTA Data is required to be reported by the CTA Regulations. Substantial Control Data. Each Member will also provide to the Compliance Officer any information or documents that may be required to determine whether such Member or any Indirect Owner has "substantial control" over the Company including, without limitation, by (1) serving as a senior officer of the reporting company, (2) having authority over the appointment or removal of any senior officer or a majority or dominant minority of the board of directors (or similar body) of the Company, (3) having any direction, determination, or decision power over, or substantial influence over, important matters affecting the Company, including but not limited to: (A) The nature, scope, and attributes of the business of the Company, including the sale, lease, mortgage, or other transfer of any principal assets of the Company; (B) The reorganization, dissolution, or merger of the Company; (C) Major expenditures or investments, issuances of any equity, incurrence of any significant debt, or approval of the operating budget of the Company; (D) The selection or termination of business lines or ventures, or geographic focus, of the Company; (E) Compensation schemes and incentive programs for senior officers of the Company; (F) The entry into or termination, or the fulfillment or non-fulfillment of significant contracts of the Company; (G) Amendments of any substantial governance documents of the Company, including the articles of organization or similar formation documents, bylaws, and significant policies or procedures of the Company; and (4) any other form of substantial control over the Company. Information and documents provided by any Member for purposes of this Paragraph 8.2(e) is hereinafter referred to a "Substantial Control Data".