Disinterested Shareholders definition

Disinterested Shareholders means all of the Shareholders of the Corporation except Insiders of the Corporation who are Eligible Persons, and such Insiders' associates;
Disinterested Shareholders means those holders of Common Shares who are not Substantial Shareholders.
Disinterested Shareholders means any shareholder of the Company who is not a Restricted Party or an Affiliate of a Restricted Party or a member of a 13D Group in which a Restricted Party or an Affiliate of a Restricted Party is also a member.

Examples of Disinterested Shareholders in a sentence

  • Upon the Scheme becoming effective, (i) the Scheme Shares held by the Disinterested Shareholders will be cancelled in exchange for the Cancellation Consideration in cash; (ii) the Scheme Shares held by the WMVL Shareholders will be cancelled in consideration for the WMVL Cancellation Consideration; and (iii) the New Shares will be issued as fully paid or credited as fully paid to the Offeror.

  • Under the Proposal, if the Scheme becomes effective, the Disinterested Shareholders will receive from the Offeror the Cancellation Consideration in cash for every Scheme Share cancelled and the WMVL Shareholders will receive, for each of their Scheme Shares cancelled, the WMVL Cancellation Consideration.

  • Taking into account that the Shares held by the Participating Management Shareholders will not constitute Scheme Shares and that the WMVL Shareholders will receive the WMVL Cancellation Consideration in consideration for cancellation of their Shares under the Scheme, the Scheme would involve making an offer to cancel the remaining 7,192,291,808 Shares held by the Disinterested Shareholders, in exchange for cash at the Cancellation Consideration Price.

  • The Executive’s approval, if granted, will normally be conditional upon, among other things, approval of the Share Buy-back by at least three-fourths of the votes cast on a poll by the Disinterested Shareholders present in person or by proxy at a meeting to be held for such purposes.

  • As such, as at the Announcement Date, all other Scheme Shareholders are Disinterested Shareholders, and the Scheme Shares held by such Scheme Shareholders are entitled to be voted on the Scheme at the Court Meeting.


More Definitions of Disinterested Shareholders

Disinterested Shareholders means the shareholders of the Company, including holders of any non-voting and subordinate voting shares of the Company, but excluding:
Disinterested Shareholders means the holders of the Disinterested Shares. For the
Disinterested Shareholders means the votes of Shares held directly or indirectly by Insiders benefiting from the amendment for which approval is sought are excluded.
Disinterested Shareholders means Shareholders, other than officers and key employees who are entitled to receive options to acquire Units that may be granted pursuant to the key employee unit option plan proposed to be adopted by the Fund and associates of such Shareholders;
Disinterested Shareholders means the shareholders of the Company who are not Insiders of the Company that qualify as Eligible Persons under the Plan, and associates of such Insiders;
Disinterested Shareholders means shareholders of the Company excluding:
Disinterested Shareholders means a shareholder who is not a director, officer, promoter or other Insider of the Company or its Associates or Affiliates, as such terms are defined under the Securities Act (Ontario).