PRC Co. Shareholders definition

PRC Co. Shareholders means Da En HE and Ji Lun HE;
Sample 1

Examples of PRC Co. Shareholders in a sentence

  • Each of the Group Companies, the Ordinary Shareholders and the PRC Co. Shareholders shall procure that all directors of the PRC WFOE, PRC Co. and any other direct or indirect subsidiary of the Group Companies shall be appointed and removed only as approved by the Board, including at least one (1) of the Series A Directors.

  • In the event the total consideration is required by law or any governmental order to exceed the net tangible asset value determined in accordance with the proceeding sentence, the PRC Co. Shareholders agree to donate to the PRC Co. their pro rata shares of the amount of such consideration received from the Company that exceeds such net tangible asset value; provided that all taxes and expenses arising from the receipt and donation of such additional consideration shall be borne by the PRC Co.

  • Any amendment or waiver effected in accordance with this Section 2.2 shall be binding upon the Group Companies, the Investors, the Ordinary Shareholders, and the PRC Co. Shareholders and their respective assignees.

  • Any amendment or waiver effected in accordance with this Section 5.2 shall be binding upon the Group Companies, the Investors, the Ordinary Shareholders, and the PRC Co. Shareholders and their respective assigns.

  • The PRC WFOE has not entered into any contracts similar in substance to any Transaction Agreement with any party other than the other Group Companies, the Investors, the Founders and the PRC Co. Shareholders.

  • The PRC Co. Shareholders hereby grant the PRC WFOE an option, exercisable by the PRC WFOE in its sole discretion at any time, to purchase one hundred percent (100%) of their equity interests in the PRC Co., pursuant to the terms of a transfer agreement in form and substance reasonably satisfactory to the Investors; provided, however that, the total consideration shall be the lowest price permitted under applicable law or any governmental order of the PRC.

Related to PRC Co. Shareholders

  • Company Shareholders means holders of Company Shares.

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Target Shareholders means the holders of Target Shares;

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Existing Shareholders has the meaning set forth in the preamble.

  • Scheme Shareholders means the registered holders of Scheme Shares at the relevant time.

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Ordinary Shareholders means the holders of the Ordinary Shares of the Company.

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have the Initial Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Initial Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Initial Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Initial Registration Statement.

  • Principal Shareholders means Xxxx X. Xxxx, Xxx X. Xxxxxxx and Xxxxx X. Xxxxxx, and their respective assignees or successors in interest.

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Company Shareholder means a holder of one or more Company Shares;

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • 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.

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Common Stockholders means holders of shares of Common Stock.

  • Parent Stockholders means the holders of Parent Common Stock.