Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.
Eligible Shareholder means a person who has either (1) been a record holder of the shares of common shares of the Corporation used to satisfy the eligibility requirements in 3.11.d continuously for the required three-year period or (2) provides to the Secretary of the Corporation, within the time period referred to in Section 3.11(e), evidence of continuous Ownership of such shares for such three-year period from one or more securities intermediaries.
Eligible Shareholder means one or more shareholders or beneficial owners of shares of the Corporation that (1) expressly elect at the time of the delivery of the Shareholder Notice pursuant to this Section 5.15 to have one or more Shareholder Nominees included in the Corporation’s proxy materials, (2) Own and have Owned (as defined in Section 5.15(c) below) continuously for at least three (3) years, as of the date of the Shareholder Notice, a number of shares of the Corporation that represents at least three percent (3%) of the outstanding shares entitled to vote as of the date of the Shareholder Notice (the “Required Shares”), and (3) satisfy such additional requirements as are set forth in these Bylaws, including Section 5.15(d) below. No shares may be attributed to more than one (1) group constituting an Eligible Shareholder (and no shareholder or beneficial owner, alone or together with any of its affiliates, may be a member of more than one (1) group constituting an Eligible Shareholder) under this Section 5.15.
Examples of Eligible Shareholder in a sentence
Number of Equity Shares validly tendered by any Eligible Shareholder up to the Buyback Entitlement of such Eligible Shareholder shall be accepted to the full extent.
Equity Shares tendered by any Eligible Shareholder over and above the number of Equity Shares held by such Eligible Shareholder as on the Record Date shall not be considered for the purpose of Acceptance.
The Company does not accept any responsibility for the decision of any Eligible Shareholder to either participate or to not participate in the Buyback.
The maximum tender under the Buyback by any Eligible Shareholder cannot exceed the number of Equity Shares held by the Eligible Shareholder as on the Record Date.
Upon placing the bid, the Shareholder Broker shall provide a TRS generated by the exchange bidding system to the Eligible Shareholder.
More Definitions of Eligible Shareholder
Eligible Shareholder means a shareholder of the Company who, both at the time of giving the notice required by Section 11(b)(i) or Section 11 (c)(i), or the demand required by Section 2(b), as the case may be, and at the time of the related meeting of shareholders and any adjournment or postponement thereof, (i) is either (A) a shareholder of record or (B) a person, not a shareholder of record, who holds shares through a brokerage firm, bank or other nominee and who has proved ownership of such shares in a manner contemplated by Rule 14a-8 under the Exchange Act (whether or not such rule shall be applicable in the particular case) and (ii) is entitled to vote such shares, or is entitled to give instructions as to the voting of such shares, as the case may be, on the matters referred to in such notice or demand.
Eligible Shareholder means a person, trust or other entity, that is eligible to be a shareholder of an S Corporation pursuant to the Code and the regulations promulgated thereunder; provided, however, that notwithstanding the foregoing, a trust created primarily to exercise the voting powers of stock transferred to it as described under section 1361(c)(2)(A)(iv) of the Code (a “Voting Trust”) shall not be an Eligible Shareholder.
Eligible Shareholder means, in relation to a meeting of shareholders, any person who is or was the registered holder of a share (which carries the right to vote at the meeting) at the time prescribed for the purpose of determining voting entitlements for the meeting.
Eligible Shareholder means any person who is registered as a Shareholder at 5:00pm on the Record Date and:
Eligible Shareholder means an existing or new shareholder of the Company that is eligible at the ACD’s discretion to invest in the Class Q Shares, Class W Shares, Class X Shares or Class Y Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time
Eligible Shareholder shall have the meaning ascribed to it in Section 2.1 of this Agreement.