Affected Shareholders definition
Examples of Affected Shareholders in a sentence
Upon the occurrence of any Triggering Events, the Affected Shareholder's Shares shall be sold in accordance with this Section 3.
If Holdings wishes to exercise its rights under this Section 7, it shall send written notice (containing the number of shares of Restricted Stock to be purchased) of such exercise to such Affected Shareholder within the 30-day period following the expiration of the Affected Shareholder's Put Right.
At the closing, the Affected Shareholder (or his personal representative) shall deliver to the purchasers certificates for the Affected Shareholder's Shares, duly endorsed for transfer, and the purchasers shall pay the Purchase Price to the Selling Shareholder in accordance with the Payment Terms.
The Company shall from time to time require that its registrar and transfer agent furnish the Purchaser with such additional information, including updated or additional lists of Affected Shareholders and lists of holdings and other assistance as the Purchaser may reasonably request.
The notice shall state whether such Remaining Shareholder intends to purchase all or only a part of the Affected Shareholder's Shares that such holder is entitled to purchase under this Section 3.3 and the number of the Affected Shareholder's Shares to be purchased by him, if less than all.
The Parties shall co-operate in the preparation of any such amendment or supplement as required or appropriate, and the Company shall promptly mail, file or otherwise publicly disseminate any such amendment or supplement to the Affected Shareholders and, if required by the Court or by Law, file the same with the Securities Authorities or any other Governmental Entity as required.
The Call Right shall expire and have no further force and effect if such right is not exercised by Holdings or its designees (by sending a notice as provided above) within the 30-day period following the expiration of the Affected Shareholder's Put Right.
The Parties shall co-operate in the preparation of presentations, if any, to the Affected Shareholders regarding the Arrangement.
If Granaria Holdings wishes to exercise its rights under this Section 5, it shall send written notice (containing the number of shares of Restricted Stock to be purchased) of such exercise to such Affected Shareholder within the 30-day period following the expiration of the Affected Shareholder's Put Right.
As used herein, the term "Affected Shareholders" shall mean the transferor and all transferees of the transferor's Shares during the taxable year and, in the event that Shares are transferred by the transferor to the Company, the term shall include all persons who are Shareholders during the taxable year.