Termination of Status of Adviser and Directors Transfers and Repurchases Clause Samples

Termination of Status of Adviser and Directors Transfers and Repurchases. 4.1 Termination of Status of the Adviser. The status of the Adviser as a Member shall terminate if the Investment Advisory Agreement with the Adviser terminates and the Fund does not enter into a new Investment Advisory Agreement with such person, effective as of the date of such termination.
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Termination of Status of Adviser and Directors Transfers and Repurchases. 15 4.1 Termination of Status of the Adviser 15 4.2 Termination of Status of a Director 15 4.3 Removal of the Directors 15 4.4 Transfer of Interests of Members 15 4.5 Repurchase of Interests 16 ARTICLE V CAPITAL 18 5.1 Contributions to Capital 18 5.2 Rights of Members to Capital 18 5.3 Capital Accounts 19 5.4 Allocation of Net Profit and Loss 19 5.5 Allocation of Certain Withholding Taxes and Other Expenditures 19 5.6 Reserves 20 5.7 Tax Allocations 21 5.8 Distributions 21
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Termination of Status of Adviser and Directors Transfers and Repurchases 
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Related to Termination of Status of Adviser and Directors Transfers and Repurchases

  • Limitations on Rights Associated with Units The Participant shall have no rights as a stockholder of the Corporation, no dividend rights (except as expressly provided in Section 5(b) with respect to Dividend Equivalent Rights) and no voting rights, with respect to the Stock Units and any shares of Common Stock underlying or issuable in respect of such Stock Units until such shares of Common Stock are actually issued to and held of record by the Participant. No adjustments will be made for dividends or other rights of a holder for which the record date is prior to the date of issuance of the stock certificate.

  • Transfers to Permitted Transferees Prior to the transfer of Units to a Permitted Transferee (other than a transfer in connection with or subsequent to a Sale of the Company), the Executive shall deliver to Investors a written agreement of the proposed transferee (a) evidencing such Person's undertaking to be bound by the terms of this Agreement and (b) acknowledging that the Units transferred to such Person will continue to be Units for purposes of this Agreement in the hands of such Person. Any transfer or attempted transfer of Units in violation of any provision of this Agreement or the Securityholders Agreement shall be void, and Investors shall not record such transfer on its books or treat any purported transferee of such Units as the owner of such Units for any purpose.

  • Acquisition of Stock by Third Party Any Person (as defined below) is or becomes the Beneficial Owner (as defined below), directly or indirectly, of securities of the Company representing fifteen percent (15%) or more of the combined voting power of the Company’s then outstanding securities;

  • Delegation of Services The Administrator may, at its expense, delegate to one or more entities some or all of the services for the Fund for which the Administrator is responsible under this Subcontract. The Administrator will be responsible for the compensation, if any, of any such entities for such services to the Fund, unless otherwise agreed to by the parties or with the Fund. Notwithstanding any delegation pursuant to this paragraph, the Administrator will continue to have responsibility and liability for all such services provided to the Fund under this Subcontract.

  • Termination of Membership You may terminate your membership by giving us written notice or by withdrawing your minimum required membership share(s), if any, and closing all your accounts. You may be denied services for causing a loss to the Credit Union, or you may be expelled for any reason as allowed by applicable law.