Continuing Holder. Means (i) Northwestern, at any time when Northwestern, together with its Affiliates, holds either (A) Class A Common Units that constitute a majority of the Class A Common Units, or Class E Common Units that constitute a majority of the Class E Common Units, acquired by Northwestern on the date of this Agreement, (B) Preferred Investor Registrable Securities that constitute a majority of the Common Stock issued pursuant to Section 7 of the Members Agreement in respect of the Class A Common
... Units acquired by Northwestern on the date of this Agreement or (C) Preferred Investor Registrable Securities that constitute a majority of the Common Stock issued pursuant to Section 7 of the Members Agreement in respect of the Class E Common Units acquired by Northwestern on the date of this Agreement, or (ii) New York Life, at any time when New York Life, together with its Affiliates, holds either (A) Class A Common Units that constitute a majority of the Class A Common Units, or Class E Common Units that constitute a majority of the Class E Common Units, acquired by New York Life on the date of this Agreement, (B) Preferred Investor Registrable Securities that constitute a majority of the Common Stock issued pursuant to Section 7 of the Members Agreement in respect of the Class A Common Units acquired by New York Life on the date of this Agreement or (C) Preferred Investor Registrable Securities that constitute a majority of the Common Stock issued pursuant to Section 7 of the Members Agreement in respect of the Class E Common Units acquired by New York Life on the date of this Agreement.
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