Dragging Shareholders definition

Dragging Shareholders has the meaning set forth in Section 6.1(i).
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Dragging Shareholders has the meaning given to it in clause 24.1;
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Dragging Shareholders means the following Shareholders who have approved a Trade Sale, as the case may be:
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Examples of Dragging Shareholders in a sentence

  • The Dragging Shareholders must procure that the purchase price payable for the Dragged Holder’s Option Shares is paid on the closing of the purchase and sale, which must take place at the same time as the closing of the sale of the Sale Shares by the Dragging Shareholders to the Third Party Buyer.

  • The sale of the Dragged Holder’s Option Shares to the Third Party Buyer under this rule 6(c)-(j) must be for the same sale price per Share as those applicable to the sale by the Dragging Shareholders of the Sale Shares to the Third Party Buyer.

  • The advertisement, or any material contained in it, implies or declares an endorsement by the MBTA or the Commonwealth of any service, product or point of view, without prior written authorization of the MBTA (through its General Manager) or the Commonwealth (through the Secretary of the Executive Office of Transportation and Construction).

  • A Drag Along Notice shall be revocable by the Dragging Shareholders by written notice to the Company at any time before the completion of the Trade Sale, and any such revocation shall not prohibit the Dragging Shareholders from serving a further Drag Along Notice.

  • Time shall be of the essence in respect of your obligations under or in respect of this facility but no failure by us to exercise or delay in exercising any right or remedy under or in respect of this facility shall operate as a waiver of it, nor shall any single partial or defective exercise by us of any such right or remedy preclude any other or further exercise of that or any other right or remedy.

  • In the case of a Trade Sale transaction which consists of a sale of Shares, the Dragged Shareholders shall be obliged to Transfer to the Trade Sale Purchaser such number of its Shares as the Dragging Shareholders shall specify in writing, on the terms and conditions of the Trade Sale.

  • The consideration payable by the Third Party Purchaser for the Dragged Securities must be solely in cash or cash equivalents and must be the same in value, on a per Security basis, as payable by the Third Party Purchaser to the Dragging Shareholders for their Securities of that same class.

  • Where such an option is not made available by the Purchaser, the Dragging Shareholder(s) shall, on a pro-rata basis according to the portion of their Securities being sold, within five Business Days following completion of the sale of the Drag-Along Shareholder’s Securities, purchase the Alternative Consideration received by such Drag-Along Shareholder by paying the Cash Consideration to the Drag-Along Shareholder.

  • Business Rules For Reverse Auction (Annexure-G) Any Other (By Bidder):Signature of Issuing OfficerSignature of Bidder/Tenderer Declaration by BidderI/We hereby confirm that I/we have carefully read and understood Attachment-A to the Tender Notice and Annexures-A1, B, C, D, F & G respectively and have complied/will comply with the same.

  • The Dragged Shareholders shall not be required to transfer the Dragged Shares prior to the date on which the Shares of the Dragging Shareholders are transferred to the Proposed Dragged Purchaser.


More Definitions of Dragging Shareholders

Dragging Shareholders has the meaning set forth in Section 4.4(a) (Drag-Along Rights).
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Dragging Shareholders. Section 3.6(a)
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Dragging Shareholders shall have a meaning prescribed to it in Clause 9.7..
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Related to Dragging Shareholders

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Existing Shareholders has the meaning set forth in the preamble.

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Additional Registration Statement.

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Management Shareholders means Xxxxxx X. Xxxx, Xxxx X. Xxxxxxx, and Xxxxxx X. Xxxxxxxxx.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Existing Stockholders means the WCAS Securityholders and their Affiliates.

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

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • Selling Stockholders means Purchaser and any other purchaser of Units in the Offering, and their respective successors and assigns.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Principal Shareholders means, collectively, Wxxxxxx Xxxxxx, Jxxx Xxxxxx and Dxxxx Xxxxxx.

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • 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.

  • Ordinary Shareholders means holders of Ordinary Shares.

  • Class A Shareholder means a holder of Class A Shares;

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

  • Target Shareholders means the holders of Target Shares;

  • Warrant Holders or “Holders” means the holders of the Warrants; and

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

  • Key Holders means the persons named on Schedule B hereto, each person to whom the rights of a Key Holder are assigned pursuant to Subsection 3.1, each person who hereafter becomes a signatory to this Agreement pursuant to Subsection 6.9 or 6.17 and any one of them, as the context may require.

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;