Dominant Shareholder definition

Dominant Shareholder means: any Person (except this
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Dominant Shareholder means: any Person (except this Corporation, any Subsidiary of this Corporation, and any Savings, Pension, TRESOP or other benefit plan of this Corporation or any fiduciary, trustee or custodian thereof acting in such a capacity) who is the Beneficial Owner, directly or indirectly, of more than ten percent (10%) but less than 99 percent (99%) of the shares of the Corporation having the power to vote for the Board of Directors. The relevant time for calculating this percentage shall be each date on which any approval (board, shareholder, governmental or any other) necessary to complete any agreement, contract, transaction or other arrangement providing for or resulting in a Business Combination is obtained.
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Dominant Shareholder means any shareholder of the corporation (including such shareholder’s subsidiaries and affiliates) holding voting stock of the corporation representing 46.55% or more of the voting power of the outstanding stock of the corporation.
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Examples of Dominant Shareholder in a sentence

  • Any consideration to be received for any stock as a result of the Business Combination shall be in cash or in the same form as a Dominant Shareholder has previously paid for shares of that class.

  • The aggregate amount of cash and the fair market value of any other form of consideration shall, on a per share basis, be at least equal to the Highest Purchase Price paid by a Dominant Shareholder for shares of the same class.

  • Neither a Dominant Shareholder nor an Affiliate thereof shall have acquired Beneficial Ownership of any additional shares of voting stock of the Corporation except as part of a transaction which has been approved by a resolution adopted by 66-2/3% of the authorized number of directors.

  • Some pointers on the governance systems are highlighted below: • No elections have been held in the CCS units across all tiers for long (10 years or more) in three States • Boards of nine out of 30 SCBs and 134 out of 368 DCCBs have been superseded • Most State Governments combine the roles of Dominant Shareholder, Manager, Regulator and concurrent Supervisor and Auditor • The Department headed by the Registrar of Societies (RCS) can and does, influence administrative matters.

  • DeMarzo, Majority Voting and Corporate Control: The Rule of the Dominant Shareholder, 60 REV.

  • The Division’s Chief Medical Officer has the final authority as delegated by the Assistant Director.

  • House Oversight and Government Reform Committee, Subcommittee on Domestic Pol- icy, Transcript Testimony of Assistant Secretary of the Treasury for Financial Stability Herbert Allison, Jr., The Government As Dominant Shareholder: How Should the Taxpayers’ Ownership Rights Be Exercised?, 111th Cong., (Dec.

  • L.G. Goldberg, and L.J. White, Lexington, MA: Lexington Books, 1979.106) "The Sale of Controlling Interest by a Dominant Shareholder to a Third Party: A Financial Economic Analysis of the Governing Law in the United States and Canada," Case Western Reserve Law Review, Vol.

  • In the absence of specific legal requirements or guidelines for making informed decisions, most of decisions, as a rule, are based on the instructions of a Dominant Shareholder and – to a lesser degree - on common sense.There is no statistics on the profile of Directors or SB Members.

  • In 2013, the growth was 2.63% and in 2014:Q1, it was only 0.11% and the unemployment 6.7%.


More Definitions of Dominant Shareholder

Dominant Shareholder means: any Person (except this Corporation, any Subsidiary of this Corporation, and any Savings, Pension, TRESOP or other benefit plan of this Corporation or any fiduciary, trustee or custodian thereof acting in such a capacity) who is the Beneficial Owner, directly or indirectly, of more than ten percent (10%) but less than 99 percent (99%) of the shares of the Corporation having the power to vote for the Board of
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Dominant Shareholder means the single owner of ten percent or more of a legal entity engaged in commerce’s stock, securities, or other indicia of ownership; or multiple owners of twenty percent or more of a legal entity engaged in commerce’s stock, securities, or other indicia of ownership.
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Related to Dominant Shareholder

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Company Shareholder means a holder of one or more Company Shares;

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Founder means, in respect of an issuer, a person who,

  • Transferring Shareholder has the meaning set out in Section 6.1;

  • Major Stockholder means any such Person.

  • Preferred Shareholder means any holder of the Preferred Shares.

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Scheme Shareholder means a person who is registered in the Register on the Record Date as the holder of one or more Scheme Shares.

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Ordinary Shareholder means a holder of ordinary shares;

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Management Stockholder shall have the meaning set forth in the introductory paragraph.

  • Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Substantial Stockholder means any person, other than the Corporation or any Subsidiary, who or which is the Beneficial Owner, directly or indirectly, of 10% or more of the outstanding shares of Common Stock (determined solely on the basis of the total number of shares so beneficially owned and without giving effect to the number of percentage of votes entitled to be cast in respect of such shares) in relation to the total number of shares of Common Stock issued and outstanding.

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Principal Stockholder means, collectively, (i) the Sponsor and (ii) any affiliate or successor of a person referenced in clauses (i) and (ii) of this definition.