Indirect Shareholder definition

Indirect Shareholder means any person who beneficially owns securities of an entity that (a) would be an Investment Company but for the exemptions provided in Section 3(c)(1) or Section 3(c)(7) of the Investment Company Act and (b) is a direct or indirect owner of securities of the subscribing entity.
View Source
Indirect Shareholder means any person who beneficially owns securities of an entity that (1) would be an Investment Company but for the exemptions provided in Section 3(c)(1) or Section 3(c)(7) of the Investment Company Act and (2) is a direct or indirect owner of securities of your entity.
View Source
Indirect Shareholder has the meaning as stipulated in the Recitals aforesaid.
View Source

Examples of Indirect Shareholder in a sentence

  • For purposes of this Section 3.3, “Investor’s immediate family” shall include any spouse, father, mother, sibling or lineal descendant of Holder, Holder’s spouse or an Indirect Shareholder.

  • For purposes of this Section 2.3(a), “Holder’s Immediate Family” shall include any spouse, father, mother, sibling or lineal descendant of Holder, Holder’s spouse or an Indirect Shareholder.

  • The execution, delivery and performance of this Agreement by such Indirect Shareholder has been duly authorized by such Indirect Shareholder.

  • Such Indirect Shareholder is not a party to any contract or arrangement restricting the transfer or otherwise relating to or affecting any of its Indirect Contributed Shares, and there are no voting agreements, proxies or other agreements or understandings with respect to the voting or transfer of its Direct Contributed Shares, other than the Molycorp LLC Operating Agreement.

  • Such Indirect Shareholder does not own any equity interest in Molycorp LLC or Molycorp Minerals other than indirectly through its Indirect Contributed Shares.

  • Such Indirect Shareholder is the sole legal and beneficial owner of its Indirect Contributed Shares, free and clear of all liens other than any liens arising under the Molycorp LLC Operating Agreement or under applicable securities laws.

  • 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 Indirect Shareholder of this Agreement or the consummation of the transactions contemplated by this Agreement, other than those that have been obtained.

  • This Agreement has been duly executed and delivered by such Indirect Shareholder and represents the legal, valid and binding obligation of such Indirect Shareholder, enforceable against such Indirect Shareholder in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium, liquidation, fraudulent conveyance and other similar laws and principles of equity affecting creditors’ rights and remedies generally.

  • Each of Chase II and TCB, as transferor, and FII or its designee, as transferee, and Formus B.V. shall have duly executed and delivered a power of attorney to a civil law notary of The Netherlands for purposes of executing a notarial deed ("Notarial Deed") in respect of the transfer of the Exchanged Interest of such Indirect Shareholder in Formus B.V. to FII or its designee as provided herein and each Notarial Deed of transfer shall have been duly executed effecting such transfer.

  • Nothing in this subsection (d) shall affect the ability of such Indirect Shareholder to rely on the representations and warranties of the Corporation contained herein.