majority shareholder controller definition

majority shareholder controller means a shareholder controller in whose case the percentage referred to in the relevant paragraph is fifty or more.
majority shareholder controller. , in relation to a company, means any person who, either alone or with any associate# or associates#, is entitled to exercise, or control the exercise of, more than 50% of the voting power at any general meeting of the company or of another company of which it is a subsidiary.
majority shareholder controller means a person who either alone, or with any associate or associates, is entitled to exercise or control the exercise of more than 50 percent of the total votes attaching to the Relevant Share Capital of all classes (taken as a whole) at any general meeting of the Company;

More Definitions of majority shareholder controller

majority shareholder controller means a shareholder controller whose shareholding is such that the UK company is his subsidiary undertaking.
majority shareholder controller means a shareholder controller whose shareholding is such that the Gibraltar insurer is his subsidiary undertaking.
majority shareholder controller means a shareholder controller in whose case the percentage referred to in (a) above also exceeds 50%; and
majority shareholder controller means a person who is entitled to exercise or control the exercise of more than fifty per cent but not more than seventy five per cent of the voting power in a general meeting of a company or of any other company of which that company is a subsidiary company;

Related to majority shareholder controller

  • 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 Shareholders means ▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇.

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the ▇▇▇▇ ▇▇▇) 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 Stockholder means, collectively or individually as the context requires, TPG Capital, L.P., Apollo Global Management, LLC and/or their respective affiliates.

  • Majority Participating Holders means Participating Holders holding more than 50% of the Registrable Securities proposed to be included in any offering of Registrable Securities by such Participating Holders pursuant to Section 2.1 or Section 2.2.