Managing Shareholder definition

Managing Shareholder or “Managing Shareholders” has the meaning set forth in the preamble to this Agreement.

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Managing Shareholder means ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇.

Managing Shareholder means Dr. Florian von der Mülbe.

Examples of Managing Shareholder in a sentence

• The Managing Shareholder shall cause the Board to maintain the books, records, and other documents required by the Law.

• Each Managing Shareholder undertakes, during the Restricted Period, to refrain from, directly or indirectly, engaging in any Competitive Activity.

• Notwithstanding any waiver thereof contained in the Bylaws of the Board, the Managing Shareholder shall cause the Board to furnish to the Shareholders an annual audited report.

• For so long as the Managing Shareholders hold, collectively, a Percentage Interest of at least fifteen percent (15%), any Managing Shareholder whose Percentage Interest is not less than fifty percent (50%) of such Managing Shareholder’s Percentage Interest immediately following the Settlement shall have a right to be designated by the Managing Shareholders for binding nomination by the Supervisory Board to the Management Board (unless removed or not reappointed).

• If a Managing Shareholder is serving as Chief Executive Officer of the Company, such Managing Shareholder shall have the right to nominate his successor for approval pursuant to clause (iv) below so long as (A) he does so while he is serving as Chief Executive Officer of the Company and (B) Reasonable Cause with respect to such Managing Shareholder does not exist at the time of such nomination.

More Definitions of Managing Shareholder

Managing Shareholder means Davi▇ ▇▇▇▇▇▇, ▇▇e current president of the Company.

Managing Shareholder means Mark ▇▇▇▇▇, ▇▇e current president of Martec, Inc.

Managing Shareholder means any of them.

Managing Shareholder or "Managing Shareholders": means in the singular, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Raga, ▇▇▇▇▇▇▇ Alcor ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ Monera ▇▇▇▇▇, or ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Raga, and in the plural, all of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Raga, ▇▇▇▇▇▇▇ Alcor ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ Monera ▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Raga.

Managing Shareholder means ▇▇▇▇▇▇ and any successor managing shareholder or managing member of the Company that is selected solely by ▇▇▇▇▇▇.

Managing Shareholder. Ridgewood Power or Power VI Corp. and any substitute or different Managing Shareholder as may subsequently be created under the terms of this Declaration. "Memorandum"-The Confidential Memorandum dated February 9, 1998 of the Fund, as the same may be amended or supplemented from time to time, to which this Declaration is an Exhibit. "Net Cash Flow"-The total gross receipts of the Fund, less cash operating expenses, all other cash expenditures of the Fund and reasonable reserves as determined by the Fund to cover anticipated Fund expenses. For purposes of determining Net Cash Flow, gross receipts shall mean proceeds from any source whatsoever, including, but not limited to, income from operations and the temporary investment of Fund funds under Section 10.5 and any proceeds from the sale, exchange, financing or refinancing of Fund Property, but excluding any Capital Contributions of the Shareholders. "1940 Act"-The federal Investment Company Act of 1940, as amended, and any rules and regulations promulgated thereunder. "Operation Agreement"-Any Operation Agreement, by and among the Fund or its Project Entities, the Managing Shareholders and RPMC, under which RPMC will operate specified Projects for the Fund. "Panel"-The Independent Review Panel created by Section 12.14 of this Declaration, comprised of the Panel Members, for the purpose of reviewing Ridgewood Program Transactions. "Panel Member"-An individual serving under Section 12.14 as a member of the Panel. Panel Members are not trustees of the Fund. "Plan Holder"-An Incentive Plan Participant who has acquired Incentive Shares (whether as restricted shares, as bonus shares or on exercise of options or share appreciation rights). "Payout"-The point at which total cumulative distributions to Investors from the Fund (exclusive of distributions in respect of Preferred Participation Rights and distributions under Section 9.5) equal their total Capital Contributions (exclusive of Capital Contributions made on the sale of a new series of Shares under Section 9.5). "Placement Agent"-Ridgewood Securities Corporation, a Delaware corporation, with its principal place of business at The Ridgewood Commons, ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Ridgewood, New Jersey 07450. "Power VI Corp."-Ridgewood Power VI Corporation, a Delaware corporation that is one of the initial Managing Shareholders. "Preferred Participation Right"-A right issued by the Fund under Section 1.9 to an Investor. A Preferred Participation Right entitles the holde...

Managing Shareholder. Ridgewood Renewable Power LLC, a New Jersey limited liability company