Examples of New Registered Shareholder in a sentence
After the Company is delisted, Non-Accepting Depositors who reside outside Japan and who would like to appoint a standing proxy of their own choosing to replace the Standing Proxy and to be recognised as the registered holder of their Shares (instead of the New Registered Shareholder) may contact RHT Corporate Advisory Pte.
Such Standing Proxy Form will be submitted by the New Registered Shareholder pursuant to the completion of the share transfer as described in paragraph (a) above.
Term : The New Powers of Attorney shall take effect upon completion of the industrial and commercial registration in the PRC in respect of change of the Existing Registered Shareholders to the New Registered Shareholders, and shall remain effective for so long as the relevant New Registered Shareholder holds an equity interest in the Operating Entities.
TRANSFER OF SASOL BEE ORDINARY SHARES In respect of clauses 7.2, 8.2, 8.4, 9.2 and 9.4, the New Registered Shareholder will be obliged within 10 (ten) days after receipt of notice from Sasol to instruct the relevant central securities depository participant to effect transfer of your Sasol BEE Ordinary Shares out of the account in the name of the New Registered Shareholder into an account in the name of the Public Facilitation Trust both as registered and beneficial owner.
The PRC Legal Advisors are of the view that (i) the above arrangements provide protection to the Group even in the event of the death or divorce of any New Registered Shareholder; and (ii) the death or divorce of such shareholder would not affect the validity of the New Contractual Arrangements, and the WFOE or the Company can still enforce their rights under the New Contractual Arrangements against the New Registered Shareholders.
In the event that a New Registered Shareholder transfers his/her equity interest in China PnR to the WFOE (or its designated entity) at a consideration equal to or lower than the principal amount of the relevant loan, the relevant loan will be deemed as interest-free loan.
As advised by the PRC Legal Advisors, in the event of any violation of such confirmation or undertakings by the New Registered Shareholder(s), the relevant New Registered Shareholder will be held responsible for the losses and damages suffered by the Company.
In the event that the New Registered Shareholder initiate a voluntary liquidation proceeding without our authorization or attempts to distribute the retained earnings or assets of Xxxxxx Xxxxxxx and/or Beijing E-dragon without our prior consent, we may need to resort to legal proceedings to enforce the terms of the Contractual Arrangements.
For the avoidance of doubt, the New Registered Shareholder and the Standing Proxy shall not be the beneficial owners to the Shares registered in their names in the Japan Register.
The New Registered Shareholder and Chengdu Mingxian also waived any pre-emptive rights upon enforcement and agreed to any transfer of the pledged equity pursuant to the New Equity Pledge Agreement.