Substantial Stockholder

Substantial Stockholder. Shall mean (i) any Person (other than a Co-Borrower or an affiliate of a Co-Borrower) owning, beneficially or of record, directly or indirectly, either individually or together with all other Persons to whom such Person is related by blood, adoption or marriage, stock of any Co-Borrower (of any class having ordinary voting power for the election of directors) aggregating 5% or more of such voting power or (ii) any Person related by blood, adoption or marriage to... any Person described or coming within the provisions of clause (i) of this subsection 9(t). View More

Substantial Stockholder. Shall have the meaning set forth in the Company's 2012 Omnibus Incentive Plan.

Substantial Stockholder. Means, in respect of any Business Combination, any person (other than SCST) who or which is on the record date for the determination of stockholders entitled to notice of and to vote on such Business Combination, or as of the time of the vote on such Business Combination, or immediately prior to the consummation of any such transaction, (i) is the Beneficial Owner, directly or indirectly, of not less than 10% of the Voting Shares, or (ii) is an Affiliate of SCST and at any time within five... years prior thereto was the Beneficial Owner, directly or indirectly, of not less than 10% of the then outstanding Voting Shares, or (iii) is an assignee of or has otherwise succeeded to any shares of capital stock of SCST which were at any time within five years prior thereto beneficially owned by any Substantial Stockholder, and such assignment or succession shall have occurred in the course of a transaction or a series of transactions not involving a public offering within the meaning of the Securities Act of 1933, as amended. View More