Majority of the Shareholders definition

Majority of the Shareholders means any such group of Shareholders owning more than fifty percent (50%) of the Purchased Shares without giving effect to the Contemplated Transactions.
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Majority of the Shareholders has the meaning given in Section 13.13(b) below.
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Majority of the Shareholders means those Shareholders who are entitled to receive a majority of the payments under the LVCI Notes and the Contingent Consideration.
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Examples of Majority of the Shareholders in a sentence

  • These Articles may be amended, in whole or in part, by an Ordinary Majority of the Shareholders voting at a General Meeting.

  • If the Company will be wound up voluntarily the liquidators may, with the approval of a Special Majority of the Shareholders voting at a General Meeting, divide among the Shareholders any part of the Company's assets remaining after payment of all of the Company's outstanding obligations.

  • In the event there is no remaining Managing Shareholder and a Majority of the Shareholders elect to continue the Trust, it shall be continued with the new Managing Shareholder or Managing Shareholders who shall succeed to and assume all of the powers, privileges and obligations of the previous Managing Shareholder or Managing Shareholders hereunder.

  • On the affirmative vote of a Majority of the Shareholders entitled to vote (excluding Common Shares held by the Managing Shareholder that is the subject of the vote or by its Affiliates), such Managing Shareholder shall be removed.

  • The Trust shall elect to be taxed as a REIT, unless the Board determines that it is in the best interest of the Shareholders as a group that the Trust terminate its status as a REIT and a Majority of the Shareholders entitled to vote, at a Shareholders' meeting duly convened under the terms and conditions of this Declaration, votes to cause the Trust to terminate its REIT status.

  • The Chairperson of a General Meeting at which a quorum is present may, with the consent of an Ordinary Majority of the Shareholders participating in such meeting in person or by proxy and that participate in such vote (and shall if so directed by an Ordinary Majority at the meeting), adjourn the meeting from time to time and from place to place, but no business shall be transacted at any adjourned meeting except business which might lawfully have been transacted at the meeting as originally called.

  • The Option shall terminate and expire on November 16, 2000 unless the Plan has been approved by a Majority of the Shareholders by November 15, 2000 provided that if the Option becomes Voted Matter as defined in Section 3(d) of the Employment Agreement the Option shall expire on November 16, 2000 unless the Plan and the Option are approved by a Majority of the Shareholders by November 15, 2000.

  • The Option shall terminate and expire on November 16 , 2000 unless the Plan has been approved by a Majority of the Shareholders by November 15, 2000 provided that if the Option becomes Voted Matter as defined in Section 3(d) of the Employment Agreement the Option shall expire on November 16, 2000 unless the Plan and the Option are approved by a Majority of the Shareholders by November 15, 2000.

  • Notwithstanding anything to the contrary herein, the Plan or the Employment Agreement, the Option shall not vest until the Plan shall have been approved by a Majority of the Shareholders by November 15, 2000 provided that if the Stock Option becomes a Voted Matter as defined in Section 3(d) of the Employment Agreement the Option shall not vest until the Option and the Plan shall have been approved by a Majority of the Shareholders by November 15, 2000.

  • Unless otherwise provided for by the terms of issuance of a particular class of Shares, the Company may create or change rights, preferences, restrictions and provisions related to one or more of the classes of Shares, after receipt of the consent in writing of all Shareholders of the affected class, or a resolution passed at a General Meeting of such class, approved by a Special Majority of the Shareholders of the affected class.

Related to Majority of the Shareholders

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • Consent of the Stockholders means receipt by the Trustee of a certificate from the inspector of elections of the stockholder meeting certifying that the Company’s stockholders of record as of a record date established in accordance with Section 213(a) of the Delaware General Corporation Law, as amended (“DGCL”) (or any successor rule), who hold sixty-five percent (65%) or more of all then outstanding shares of the Common Stock and Class B common stock, par value $0.0001 per share, of the Company voting together as a single class, have voted in favor of such change, amendment or modification. No such amendment will affect any Public Stockholder who has otherwise indicated his election to redeem his shares of Common Stock in connection with a stockholder vote sought to amend this Agreement to modify the substance or timing of the Company’s obligation to redeem 100% of the Common Stock if the Company does not complete its initial Business Combination within the time frame specified in the Company’s amended and restated certificate of incorporation. Except for any liability arising out of the Trustee’s gross negligence, fraud or willful misconduct, the Trustee may rely conclusively on the certification from the inspector or elections referenced above and shall be relieved of all liability to any party for executing the proposed amendment in reliance thereon.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • 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.

  • 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.

  • Independent Shareholders means holders of Voting Shares, other than:

  • Preferred Shareholders means the holders of Preferred Shares.

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

  • Ordinary Shareholders means the holders of the Ordinary Shares of the Company.

  • 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.

  • Locked-Up Shareholders means the Persons who are party to the Lock-Up Agreements.

  • majority of the outstanding shares means the lesser of (a) sixty-seven percent (67%) or more of the shares present at a meeting if more than fifty percent (50%) of these shares are present or represented by proxy, or (b) more than fifty percent (50%) of the outstanding shares.

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

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

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

  • Majority Members means Members holding a majority of the Units owned by all Members or if there is only one Member, such Member.

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

  • 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).

  • Company Shareholders means holders of Company Shares.

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Scheme Shareholders means the registered holders of Scheme Shares at the relevant time.

  • Majority Holders means the Holders of a majority of the aggregate principal amount of Securities registered under a Registration Statement.

  • majority of the outstanding voting securities shall have the meaning set forth for such terms in the 1940 Act.

  • Company Shareholder Meeting has the meaning specified in Section 8.2(b).

  • Majority of Holders Holders holding over 50% of the aggregate principal amount of Notes outstanding; provided that, for the purpose of this Agreement, a holder of shares of Common Stock which constitute Transfer Restricted Securities shall be deemed to hold an aggregate principal amount of the Notes (in addition to the principal amount of the Notes held by such holder) equal to the quotient of (x) the number of such shares of Common Stock held by such holder and (y) the conversion rate in effect at the time of their issuance upon conversion of the Notes as determined in accordance with the Indenture.