Property means all interests, properties, whether real or personal, and rights of any type owned or held by the Plan, whether owned or held by the Plan at the date of its formation or thereafter acquired.
Put/Call Agreements means, as the context requires, either or both of the following: (a) the Put/Call Agreement, dated as of October 4, 2016, by and among Viant, Chris Vanderhook, Holding, and Time Inc., and (b) the Put/Call Agreement, dated as of October 4, 2016, by and among Viant, Tim Vanderhook, Holding, and Time Inc.
Reallocation Event has the meaning set forth in Section 4.2(b) hereof.
Regulation refers to a tax regulation (including temporary regulations) promulgated under the Code, as such regulations are amended from time to time, and Regulations refers to such the tax regulations generally.
Regulatory Allocations has the meaning set forth in Section 5.3(h) hereof.
Repurchase Date has the meaning set forth in Section 9.6(b) hereof.
Repurchase Notice has the meaning set forth in Section 9.6(b) hereof.
Repurchased Units has the meaning set forth in Section 9.6(c) hereof.
Restricted Business means, with respect to the obligations of a Member under Article VII, the Viant Business; provided, however, that if a Member shall have incurred a separation from service, Restricted Business means the Viant Business on the date of such separation from service.
Safe Harbor has the meaning set forth in Section 2.2(b) hereof.
Seller has the meaning set forth in Section 9.6(b) hereof.
Subsidiary means, with respect to any Person, any corporation, partnership, joint venture, limited liability company, association, or other entity in which such Person owns, directly or indirectly, fifty percent (50%) or more of the outstanding equity securities or interests, the holders of which are generally entitled to vote for the election of the board of directors or other governing body of such entity.
Substitute Member has the meaning set forth in Section 9.3 hereof.
Tag-Along Notice means a tag-along notice issued pursuant to: (a) Section 10.4 of the Viant Operating Agreement applicable to Viant Interests held by the Plan; or (b) Section 5 of the Unit Restriction Agreement.
Target Capital Account means the Capital Account of a Member as of the end of each Allocation Year, increased by any amount that such Member is obligated to restore under this Agreement, or is deemed obligated to restore under the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and (i)(5).