Permitted Holders definition: Copy, customize, and use instantly
Introduction
The term "Permitted Holders" refers to individuals, entities, or groups who are authorized to hold, own, or control certain rights, assets, or securities within the parameters of a contractual or legal agreement. This term is commonly used in financing agreements, shareholder agreements, and other legal contexts where the identity of parties allowed to hold specific interests is restricted.
Below are various examples of how "Permitted Holders" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Permitted Holders" for ownership restrictions
This definition ties "Permitted Holders" to ownership restrictions.
"Permitted Holders" means any person or entity that is authorized, under the terms of this agreement, to hold or own equity securities, debt instruments, or other financial interests, as defined by the parties to the agreement.
Definition of "Permitted Holders" for eligible investors
This definition connects "Permitted Holders" to eligible investors.
"Permitted Holders" refers to any person or group that is authorized to hold securities or other ownership interests under applicable securities laws, regulations, or exemptions as defined in this agreement.
Definition of "Permitted Holders" for restrictions on transfer
This definition links "Permitted Holders" to transfer restrictions.
"Permitted Holders" means the specific individuals, entities, or classes of persons who are authorized to hold, transfer, or otherwise possess the securities or ownership interests, as restricted by the terms of this agreement.
Definition of "Permitted Holders" for compliance purposes
This definition applies "Permitted Holders" to compliance requirements.
"Permitted Holders" refers to any person or entity that is in compliance with the conditions set forth in this agreement, including regulatory approvals, that are required to hold ownership interests in the company.
Definition of "Permitted Holders" for strategic investors
This definition ties "Permitted Holders" to strategic investors.
"Permitted Holders" means certain investors or entities that, as determined by the company, are authorized to hold securities or other ownership interests based on their strategic value or alignment with the company’s goals.
Definition of "Permitted Holders" for restricted holders
This definition connects "Permitted Holders" to restricted ownership.
"Permitted Holders" refers to the entities or persons specifically identified in this agreement who are allowed to hold ownership interests, subject to certain restrictions and conditions as set forth in this agreement.
Definition of "Permitted Holders" for affiliates and subsidiaries
This definition links "Permitted Holders" to affiliates and subsidiaries.
"Permitted Holders" means affiliates, subsidiaries, or related entities of the company that are authorized to hold ownership interests in the company, in accordance with the provisions of this agreement.
Definition of "Permitted Holders" for institutional investors
This definition applies "Permitted Holders" to institutional investors.
"Permitted Holders" refers to institutional investors such as pension funds, private equity firms, or other large entities, that are eligible to hold ownership interests under the terms of the agreement.
Definition of "Permitted Holders" for family members
This definition ties "Permitted Holders" to family ownership.
"Permitted Holders" means family members, including spouses, children, or trusts, who are authorized to hold ownership interests or securities in the company as specified in the agreement.
Definition of "Permitted Holders" for creditors
This definition connects "Permitted Holders" to creditors.
"Permitted Holders" refers to creditors, lenders, or other financing parties who are allowed to hold securities or ownership interests in the company as part of their financing arrangements.
Definition of "Permitted Holders" for legal entities
This definition links "Permitted Holders" to legal entities.
"Permitted Holders" means legal entities such as corporations, partnerships, limited liability companies (LLCs), or other recognized forms of legal entities that are authorized to hold ownership interests in the company.
Definition of "Permitted Holders" for limited partners
This definition applies "Permitted Holders" to limited partners.
"Permitted Holders" refers to the limited partners of the company, or those authorized under the partnership agreement, who are allowed to hold ownership interests.
Definition of "Permitted Holders" for qualified holders
This definition ties "Permitted Holders" to qualified holders.
"Permitted Holders" means any individual or entity that qualifies to hold ownership interests under the terms of this agreement, subject to meeting certain legal or financial qualifications.
Definition of "Permitted Holders" for specific investors
This definition connects "Permitted Holders" to specific investor types.
"Permitted Holders" refers to specific investors or classes of investors who are authorized by the company or the agreement to hold ownership interests, such as accredited investors or venture capital firms.
Definition of "Permitted Holders" for governing entities
This definition links "Permitted Holders" to governing entities.
"Permitted Holders" means governmental bodies, regulatory authorities, or other entities designated as permitted holders in connection with specific regulatory requirements or transactions.
Definition of "Permitted Holders" for private equity firms
This definition applies "Permitted Holders" to private equity firms.
"Permitted Holders" refers to private equity firms or other investment vehicles that are authorized to hold ownership interests in the company under the terms of this agreement.
Definition of "Permitted Holders" for underwriters
This definition ties "Permitted Holders" to underwriters.
"Permitted Holders" means underwriters or investment banks that are allowed to hold ownership interests or securities in the company, typically in connection with an initial public offering or other offering of securities.
Definition of "Permitted Holders" for trusts
This definition connects "Permitted Holders" to trusts.
"Permitted Holders" refers to trusts or fiduciaries designated by the company, typically for estate planning purposes, that are authorized to hold ownership interests in the company.
Definition of "Permitted Holders" for joint ventures
This definition links "Permitted Holders" to joint ventures.
"Permitted Holders" means parties participating in a joint venture or strategic alliance with the company, who are allowed to hold ownership interests in the company as part of the venture agreement.
Definition of "Permitted Holders" for lenders
This definition applies "Permitted Holders" to lenders.
"Permitted Holders" refers to lenders or financial institutions that are authorized to hold ownership interests in the company as part of a financing or lending arrangement.
Definition of "Permitted Holders" for shareholders
This definition ties "Permitted Holders" to shareholders.
"Permitted Holders" means shareholders, including both public and private entities, who are permitted to hold shares or equity interests in the company under the terms of this agreement.
Definition of "Permitted Holders" for qualified institutional buyers (QIBs)
This definition connects "Permitted Holders" to QIBs.
"Permitted Holders" refers to qualified institutional buyers (QIBs) as defined under U.S. securities laws, who are permitted to hold securities or other ownership interests in the company.
Definition of "Permitted Holders" for corporate governance
This definition links "Permitted Holders" to corporate governance.
"Permitted Holders" means those individuals or entities who are granted the right to hold certain governance-related interests, such as voting rights or decision-making powers, under the terms of the company’s governance documents.
Definition of "Permitted Holders" for employee stock options
This definition applies "Permitted Holders" to employee stock options.
"Permitted Holders" refers to employees, contractors, or executives who are authorized to hold stock options or equity interests in the company as part of their compensation package.
Definition of "Permitted Holders" for government entities
This definition ties "Permitted Holders" to government entities.
"Permitted Holders" means government entities or public bodies that are permitted to hold ownership interests, often in relation to a public-private partnership or regulatory requirement.
Definition of "Permitted Holders" for family trusts
This definition connects "Permitted Holders" to family trusts.
"Permitted Holders" refers to family trusts or other family-controlled entities that are permitted to hold ownership interests in the company, typically for estate or tax planning purposes.
Definition of "Permitted Holders" for non-competitor investors
This definition links "Permitted Holders" to non-competitor investors.
"Permitted Holders" means investors or entities that are not competitors of the company and are authorized to hold securities or ownership interests in the company.
Definition of "Permitted Holders" for preferred investors
This definition applies "Permitted Holders" to preferred investors.
"Permitted Holders" refers to specific classes of preferred investors, such as those holding preferred stock or convertible securities, who are allowed to hold interests in the company under specific terms.
Definition of "Permitted Holders" for venture capitalists
This definition ties "Permitted Holders" to venture capitalists.
"Permitted Holders" means venture capitalists or angel investors who are permitted to hold equity or other financial interests in the company, typically as part of a funding round or investment agreement.
Definition of "Permitted Holders" for specific individuals
This definition connects "Permitted Holders" to specific individuals.
"Permitted Holders" refers to specific individuals, such as key executives, founders, or directors, who are authorized to hold equity or other securities in the company.
Definition of "Permitted Holders" for non-public entities
This definition links "Permitted Holders" to non-public entities.
"Permitted Holders" means non-publicly traded entities or private investors who are authorized to hold ownership interests in the company, often under conditions outlined in the company’s shareholder agreement.
Definition of "Permitted Holders" for charitable entities
This definition applies "Permitted Holders" to charitable entities.
"Permitted Holders" refers to charitable organizations or foundations that are authorized to hold ownership interests in the company, typically in connection with philanthropic investments or tax-exempt status.
Definition of "Permitted Holders" for non-governmental organizations
This definition ties "Permitted Holders" to non-governmental organizations.
"Permitted Holders" means non-governmental organizations (NGOs) or similar entities that are permitted to hold shares or equity in the company, often as part of a specific strategic or charitable investment.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.