Exempted Group definition

Exempted Group means any group or entity which includes any Exempted Person.
Exempted Group means any group (as defined in Rule 13d-5 promulgated under the Exchange Act as in effect on the date hereof) consisting of Safeguard Scientifics, Inc., its Affiliates and Associates, and incuVest LLC, a limited liability company and its Affiliates and Associates, but only so long as (i) Safeguard Scientifics, Inc. and its Affiliates and Associates Beneficially Own more than a majority of the Voting Shares of the Company Beneficially Owned in the aggregate by Safeguard Scientifics, Inc., its Affiliates and Associates, incuVest LLC and its Affiliates and Associates and (ii) Safeguard Scientifics, Inc., its Affiliates and Associates, incuVest LLC and its Affiliates and Associates do not Beneficially Own in the aggregate more than 45% of the Voting Shares of the Company then outstanding."

Related to Exempted Group

  • Permitted Group means any group of Persons that is deemed to be a “person” (as that term is used in Section 13(d)(3) of the Exchange Act) and which group includes a Permitted Holder; provided that no single Person (together with its Affiliates) beneficially owns more of the Voting Stock of the Company that is beneficially owned by such group of Persons than is then collectively beneficially owned by the Permitted Holders in the aggregate.

  • Restricted Group means, collectively the Company, its subsidiaries, the members of the Sponsor Group and their respective Affiliates.

  • Exempted Transaction means a securities transaction listed in Section D.2. The purchase or sale of a security through an Exempted Transaction generally IS exempted from the prohibition on purchases in Section D.1., and the sale pre-approval requirements in Section D.3., UNLESS otherwise noted in Section VI. An Exempted Transaction generally IS NOT exempted from the general conduct guidelines in Section C, or the reporting requirements in Section E.1.

  • Exempted Person means the Sponsor, its members and its affiliates, any of their respective direct or indirect transferees of at least 15% of the Corporation’s outstanding common stock and any “group” of which any such person is a part under Rule 13d-5 of the Exchange Act.

  • Controlled Group Member means each trade or business (whether or not incorporated) which together with any Loan Party is treated as a single employer under Sections 4001(a)(14) or 4001(b)(1) of ERISA or Sections 414(b), (c), (m) or (o) of the Code.