Direct Shareholder definition

Direct Shareholder means, in respect of the Subscriber, the limited partnership that directly owns 100% of the legal interest in the Subscriber as of the Signing Date;

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Direct Shareholder means a Shareholder (i) having their own accounts with one or more of the Clearing Systems; and (ii) having their Shares credited to such accounts, and ‛Direct Shareholders’ shall be construed accordingly.

Direct Shareholder means CELSEPAR – Centrais Elétricas de Sergipe Participações S.A., a corporation incorporated under the laws of Brazil.

Examples of Direct Shareholder in a sentence

If the Direct Shareholder of the Subscriber as at the Signing Date ceases to hold more than 50.0 per cent.
In the event the Company proposes to offer or sell any New Securities, the Company shall deliver a written notice (the “Offer Notice”) to the Direct Shareholder stating (a) its bona fide intention to offer such New Securities, (b) the number of such New Securities to be offered, (c) the price and terms upon which it proposes to offer such New Securities and (d) the date on which the offering is scheduled to close.
In the event that New Securities are sold at different prices in the offering, the Direct Shareholder shall pay, per share, the weighted average of the prices in the offering.
To the extent such New Securities are not sold within 90 days of the delivery of the Offer Notice, such New Securities shall not be offered to any Person or Persons unless first reoffered to the Direct Shareholder in accordance with this ARTICLE 3.
The Company may sell any New Securities not subscribed for by the Direct Shareholder in accordance with Sections 3.2 and 3.3 to any Person or Persons at a price not less, and upon other terms not more favorable to the offeree, than those specified in the Offer Notice.
The Company shall have the right to terminate or withdraw any offering or sale of New Securities by the Company prior to the closing of such offering or sale, whether or not the Direct Shareholder has elected to exercise its right pursuant to this ARTICLE 3 to purchase any New Securities in such offering or sale.
No consent, approval or authorization of, or notice to, any person or governmental authority is required in connection with the execution and delivery by such Direct Shareholder of this Agreement or the consummation of the transactions contemplated by this Agreement, other than those that have been obtained.
The execution, delivery and performance of this Agreement by such Direct Shareholder has been duly authorized by such Direct Shareholder.
Such Direct Shareholder does not own any equity interest in Molycorp LLC or Molycorp Minerals other than its Direct Contributed Shares.
Such Direct Shareholder, other than the Incentive Shareholders, agrees that Article VI of the Molycorp LLC Operating Agreement shall not apply to the transfer of Member Shares made pursuant to this Agreement.

More Definitions of Direct Shareholder

Direct Shareholder has the meaning as stipulated in the Recitals aforesaid.

Direct Shareholder. Dajia Life Insurance Co., Ltd.* (大家人壽保險股份有限公司) (formerly known as Anbang Life Insurance Co., Ltd.* (安邦人壽保險股份有限公司)), being a substantial shareholder of the Company holding approximately 29.58% of the total issued share capital of the Company directly as at the date of this announcement “Director(s)” the director(s) of the Company

Direct Shareholder means each entity which directly holds shares in the Issuer being at the date of the Trust Deed:

Direct Shareholder means a shareholder with at least 10% shareholding in a resident entity;

Direct Shareholder means a person who holds both the legal title to, and the beneficial interest in (as opposed to holding only the beneficial interest in), any Shares.

Direct Shareholder means Rivian Automotive, LLC, a limited liability company organized and existing under the laws of the State of Delaware.