Relevant Shareholder definition

Relevant Shareholder means a person to whom the description “relevant shareholder” in the Thirteenth Schedule applies.

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Relevant Shareholder has the meaning given to that expression in clause 2.2.10;

Relevant Shareholder means any of the following direct or indirect shareholders of the Seller as of the date hereof with the “Participation” indicated below: Pontegadea 2015, S.L. 9.99% Taurus Bidco S.à ▇.▇. 40.00% Telefónica, S.A. 50.01%

Examples of Relevant Shareholder in a sentence

• After the Election Time, a valid Election made by a Relevant Shareholder will be irrevocable unless Bidder and QMS agree, in their absolute discretion, to the revocation of the Election.

• If, at the time of completion, any Relevant Shares are subject to any lien, charge, encumbrance or other right of others, the Offerees will be entitled to deduct from the purchase money to be paid to the Relevant Shareholder the amount required to discharge all such liens, charges, encumbrances or other rights of others and will apply such amount to the repayment, on behalf of the Relevant Shareholder, of the obligations secured thereby.

• The Corporation will hold the purchase money received by it in trust on behalf of the Relevant Shareholder and will not commingle the purchase money with the Corporation’s assets, except that any interest accruing thereon will be for the account of the Corporation.

• Upon such registration, the Relevant Shareholder will cease to have any right to or in respect of the Relevant Shares except the right to receive, without interest, the purchase money received by the Corporation upon surrender of any certificates that previously represented the Relevant Shares.

• If the Shareholder Parties fail to agree on a valuation within 30 days of the applicable event, then the Offeror or Relevant Shareholder, as applicable, selects a valuator and the other Shareholders collectively select a valuator and those two valuators will select a valuator to determine Fair Market Value.

More Definitions of Relevant Shareholder

Relevant Shareholder means any person who is not Bermudian as defined in the Companies Act who is interested in Shares which constitute more than 40% of all Shares then issued and outstanding.

Relevant Shareholder has the meaning set forth in Section 2.7(b).

Relevant Shareholder means any person (including, but not limited to, any individual or legal entity, investment fund, condominium, securities portfolio, universality of rights, or other type of organization, resident, domiciled or with principal place of business in Brazil or abroad), or a group of persons bound by a voting trust with the Relevant Shareholder and/or that acts representing the same interest as the Relevant Shareholder, that may subscribe and/or acquire shares of the Company. The examples of persons who may represent the interests of the Relevant Shareholder include any person.

Relevant Shareholder has the meaning given to it in clause 5.5(g) (Board meetings and Board voting); Remedy Period has the meaning given to it in clause 9.2 (Events of Default and deemed transfers); Reserved Matters means those matters listed in Schedule 8 (Reserved Matters) and ticked in the second column (entitled "Shareholder"), which shall not be carried out without prior written approval in accordance with clause 6.2(a) (Reserved Matters);

Relevant Shareholder means a shareholder who owns more than 25% of the shares in an eligible business; and

Relevant Shareholder means the holding company or any other person, trust or partnership who, directly or indirectly through the intermediary of one or more legal persons, holds shares of the capital stock of one of the patrimonial insurers, as well as that person’s successors, assignees and right-holders;

Relevant Shareholder means anyone holding a stake, calculated in accordance with Article 118 of the Issuers’ Regulations, equal to at least 10% of the Issuer’s share capital, represented by shares with voting rights, as well as any other entity controlled by the Issuer.