Examples of Remaining Shareholder in a sentence

If any Remaining Shareholder fails to give timely notice or declines to purchase its proportionate share, the other Remaining Shareholders shall have the option to purchase that Remaining Shareholder’s proportionate share of the Offered Shares, in proportion to their respective ownership interests of the outstanding Shares.
The amounts distributed to each Remaining Shareholder will be treated as a distribution in part or full payment in exchange for the Common Stock surrendered as provided under § 302.
The following is the description of each constraint:• Capability constraint refers to the limitation on human movement due to physical or natural factors.
Further, the Custodian certifies that requests for records that may be exempt under OPRA are forwarded directly to the Custodian’s Counsel.
Each Remaining Shareholder will recognize gain or loss on the surrender of the Common Stock in cancellation of the nonrecourse Note owed by each Remaining Shareholder to Corporation equal to the amount realized on the cancellation less each Remaining Shareholder’s basis in the surrendered Common Stock.

More Definitions of Remaining Shareholder

Remaining Shareholder has the meaning set out in sections 6.1 and 7.1;

Remaining Shareholder has the meaning ascribed to it in CLAUSE 8.4;

Remaining Shareholder shall have the meaning set forth in section 9.2(a).

Remaining Shareholder has the meaning given in section 16.3(1);

Remaining Shareholder shall have the meaning ascribed to it in Clause 19.4 of this Deed;

Remaining Shareholder and "Remaining Shareholders" mean, in any particular instance, the Shareholder or Shareholders, as applicable, who is (are), at the relevant time, still holders of Shares and is (are) not the Shareholder desiring to make a Voluntary Transfer or making an Involuntary Transfer, as applicable.

Remaining Shareholder has the meaning set forth in Section 3(a) hereof.