Affiliated Shareholder definition

Affiliated Shareholder means a person, other than the issuing public corporation or a wholly owned subsidiary of the issuing public corporation, that is the beneficial owner of 20 percent or more of the outstanding voting shares of the issuing public corporation or that, within the preceding three-year period, was the beneficial owner of 20 percent or more of the then outstanding voting shares of the issuing public corporation. For the purpose of determining whether a person is an affiliated shareholder, the number of voting shares of the issuing public corporation considered outstanding includes shares considered beneficially owned by that person under Subdivision (3) of this Article, but does not include other unissued voting shares of the issuing public corporation that may be issuable pursuant to an agreement, arrangement, or understanding, or on exercise of conversion rights, warrants, or options, or otherwise.
Affiliated Shareholder means a person, other than the corporation or a wholly-owned subsidiary of the corporation, that is the beneficial owner of twenty percent or more of the SECOND AMENDED AND RESTATED ARTICLES OF INCORPORATION OF KEVCO, INC.-PAGE 44 242 issued and outstanding voting shares of the corporation, or that, within the preceding three year period, was the beneficial owner of twenty percent or more of the then issued and outstanding voting shares of the corporation. For purposes of determining whether a person is an affiliated shareholder, the number of voting shares of the corporation considered outstanding includes shares considered beneficially owned by a Beneficial Owner, but does not include other unissued voting shares of the corporation that may be issuable pursuant to an agreement, arrangement or understanding, or upon exercise or conversion of rights, warrants, or options, or otherwise.
Affiliated Shareholder means any holder or holders of Registrable Securities, both on the date of effectiveness of the Plan and at the time of the effectiveness of the registration statement, holding at least ten-percent (10%) of the Registrable Securities (by number of Common Shares at the time issued and outstanding).

Examples of Affiliated Shareholder in a sentence

  • This Agreement and the obligations hereunder will terminate with respect to each Share sold, transferred or otherwise disposed of by any means by any Shareholder; provided, that the provisions and obligations of this Agreement shall continue to attach to any Shares sold or otherwise transferred by a Shareholder to another Shareholder or to an Affiliated Shareholder and such Shareholder or Affiliated Shareholder will be bound by such provisions and obligations with respect to such Shares.

  • ALCOHOL TESTING POLICY Russell High School reserves the right to randomly use a Breathalyzer for students participating in/attending school activities, including, but not limited to school dances.

  • Each Company Affiliated Shareholder agrees that this Agreement and the obligations hereunder shall attach to the Company Shares owned by such Company Affiliated Shareholder and shall be binding upon any Person to which legal ownership of such Company Shares shall pass, whether by operation of Law or otherwise, including, without limitation, the Company Affiliated Shareholder’s heirs, executors, guardians, administrators, trustees or successors.

  • Shareholder approval of a Subadvisory Agreement with an Affiliated Shareholder will be obtained.

  • Applicant states that the Affiliated Shareholder is an affiliated person of the Fund under section 2(a)(3)(A) of the Act because it owns beneficially in excess of 5 % of the Fund’s shares.


More Definitions of Affiliated Shareholder

Affiliated Shareholder referred to herein shall mean a shareholder who:
Affiliated Shareholder has the meaning given in clause 7.1(q); Agreed Form the form hereafter agreed between and signed by or on behalf of Royalton and Xxxxxx; Appraisal means, with respect to each Hotel Property, the independent valuation (appraisal) prepared and delivered, by a reputable valuer (appraiser) of hotel properties of similar type, location and value of the Hotel Properties (or any of them, as applicable), to, the Company at its request;
Affiliated Shareholder means with respect to any Fremont Associate, any other Fremont Associate, and with respect to any RCBA Associate, any other RCBA Associate.
Affiliated Shareholder means a person, other than the corporation or a wholly-owned subsidiary of the corporation, that is the beneficial owner of twenty percent or more of the issued and outstanding voting shares of the corporation, or that, within the preceding three
Affiliated Shareholder means a person, other than the Corporation or a wholly-owned subsidiary of the Corporation, that is the beneficial owner of twenty percent (20%) or more of the issued and outstanding voting shares of the Corporation, or that, within the preceding three (3) year period, was the beneficial owner of twenty percent or more of the then issued and outstanding voting shares of the Corporation. For purposes of determining whether a person is an affiliated shareholder, the number of voting shares of the Corporation considered outstanding includes shares considered beneficially owned by that person under subdivision 4 of this Article XIII(F), but does not include other unissued voting shares of the Corporation that may be issuable pursuant to an agreement, arrangement or understanding, or upon exercise or conversion of rights, warrants, or options, or otherwise.
Affiliated Shareholder herein, means any shareholder in any of the following situations:
Affiliated Shareholder means the Class A and Class B Shareholders identified on Exhibit A hereto.