Majority Shareholder Group definition
Majority Shareholder Group. , means collectively, a Majority Shareholder and his/its Affiliates which are Members.
Majority Shareholder Group means, collectively, all Holders who, together with their Affiliates, hold more than 50% of the Designated Shares then outstanding.
Majority Shareholder Group means, as of any date of determination, the Shareholder Group that is entitled to nominate a majority of the Directors.
Examples of Majority Shareholder Group in a sentence
In consideration for the Shares, Buyer will pay the amount of $225,000 ($ 0.0304465 per share) ("Cash Consideration") and issue to Majority Shareholder Group, pro rata, 2,000,000 shares of post 5:1 forward split unissued common stock of Buyer ("Stock Consideration").
Buyer will purchase from Majority Shareholder Group 7,390,000 shares of the Company's common stock, or approximately 73.44% of the 10,062,234 total issued and outstanding shares of common stock of the Company (the "Shares") for a total consideration of $225,000.00, or $ 0.0304465 per share ("Purchase Price").
More Definitions of Majority Shareholder Group
Majority Shareholder Group shall have the meaning assigned to it in Section 9.1(c).