Redemption Shareholders definition

Redemption Shareholders is defined in Section 1.6(g).
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Redemption Shareholders has the meaning set out in Clause 16.1.
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Redemption Shareholders means those shareholders of the Company whose shares will be redeemed by the Redemption.
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Examples of Redemption Shareholders in a sentence

  • A notice of redemption (a “Redemption Notice”) by such Redemption Shareholders shall be given by hand or by mail to the Company and the Founder at any time on or after the Redemption Start Date stating the date on which the applicable Redeemable Shares are to be redeemed (the “Redemption Date”), provided, however, that the Redemption Date shall be no earlier than the date 30 days after such notice of redemption is given.

  • Each of Purchasers and Redemption Shareholders agree to report all such payments for all foreign, federal, state and local income tax purposes in a manner consistent with the treatment described above and to notify each other promptly in the event that any taxing authority proposes to disallow such treatment.

  • The term "Redemption Shareholders" shall mean those shareholders of the Company whose shares will be redeemed by the Redemption.

  • The issuance by the Company or delivery by Redemption Shareholders (and subsequent issuance by the Company) of certificates representing the Investment Shares to Purchasers as provided in Section 1.1 hereto.

  • Pursuant to the Powers of Attorney, each of the Redemption Shareholders has designated ▇▇▇▇▇▇ ▇.

  • In addition, the Company shall deliver to all Redemption Shareholders who will remain shareholders of the Company after the date hereof, new stock certificates which shall reflect the Stock Split and shall bear an appropriate legend as set forth in the Shareholders Agreement.

  • The authorized capital stock of the Company (not including Subsidiaries) consists of $18,000,000 shares of capital stock, par value $.01 per share, all of which are designated common stock, of which 9,902,000 shares are issued and outstanding and owned beneficially and of record by Redemption Shareholders.

  • In all matters concerning the Redemption Shareholders, the Redemption Shareholders' Agent shall give and receive notice and otherwise act in all respects on their behalf.

  • The executed Shareholders' Agreement between the Company, Redemption Shareholders who will be a shareholder of the Company immediately after the Closing and each Purchaser, dated the Closing Date, in substantially the form of Exhibit D attached hereto.

  • Except as set forth in Schedule 2.2(e), there are no outstanding options, warrants, conversion or other rights, and there are no agreements or commitments of any kind (other than this Agreement) obligating Redemption Shareholders, or the Company, as the case may be, contingently or otherwise, to issue or sell any shares, options, warrants or conversion or other rights.

Related to Redemption Shareholders

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Redemption Securities means any debt or equity securities of the Corporation, any subsidiary of the Corporation or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to this Section (3), at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section (3) (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • 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.

  • Preferred Shareholder means any holder of Preferred Shares.