Ordinary Shareholders definition
Examples of Ordinary Shareholders in a sentence
The Key Parties, Ordinary Shareholders (excluding Investing Ordinary Shareholders) and the Company undertake to use best efforts to, within forty-eight (48) months from the Series E+ Third Additional Closing Date, (i) launch a Qualified IPO, and use best efforts to complete such Qualified IPO no later than the fifth anniversary of the Series E+ Third Additional Closing Date; or (ii) procure a Trade Sale for an amount which represents an implied valuation of the Company of at least US$3,400,000,000.
The Company, each Key Party and each Ordinary Shareholder (excluding Investing Ordinary Shareholders) shall cause all Parties to this Agreement, other than the Investors, to perform their obligations under this Agreement.
To the extent that any party seeks a waiver of rights from any other party, (i) any holder of Preferred Shares may waive any of its rights hereunder without obtaining the consent of any other holders of Preferred Shares; (ii) any Ordinary Shareholder may waive any of its rights hereunder without obtaining the consent of any other Ordinary Shareholders; and (iii) any Group Company may waives any of its rights hereunder without obtaining the consent of any other Group Company.