Retiring Shareholder definition

Retiring Shareholder means and includes:
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Retiring Shareholder has the meaning given to that expression in Article 10.4; and "shareholder" means the holder of a share or shares in the Company. 2.3. References in these articles to writing include references to any method of representing or reproducing words in a legible and non-transitory form. 2.4. Headings are for convenience only and shall not affect construction. 2.5. If, and for so long as, the Company has only one member, these articles shall (in the absence of any express provision to the contrary) apply with such modification as may be necessary in relation to such a company. 3. Share Capital The authorised share capital of the Company at the date of adoption of this article is (POUND)100 divided in 100 shares of (POUND)1 each. 4.
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Retiring Shareholder has the meaning given to that expression in Article 10.4; and
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Examples of Retiring Shareholder in a sentence

  • All costs and expenses of such transfer shall be for the account of the Retiring Shareholder.

  • The Retiring Shareholder will transfer its Shares at par to a nominee who will hold the Shares for and on behalf of all the other Shareholders.

  • If a Retiring Shareholder fails or refuses to transfer any Shares in accordance with its obligations under Paragraph 7.2, the Retiring Shareholder irrevocably appoints by way of security for the failure to perform obligations under this Paragraph 7.3 any Director to execute and deliver a transfer of the Shares from the Retiring Shareholder to a nominee on behalf of the Retiring Shareholder.

  • Upon written notice by the REC Board requiring it to do so, a Retiring Shareholder shall pay up all amounts which remain unpaid on any Share held by it.

  • Shareholder Note Commitment The obligation of each Shareholder Bank to purchase each Series of Shareholder Notes (the Shareholder Note Commitment) is several and pro-rated (between the Shareholder Banks) in accordance with each Shareholder Bank's shareholding in the Issuer, as determined on the most recent Re-allocation Date adjusted to take into account the enduring Shareholder Note Commitments of any Retiring Shareholder Banks (the Pro-rata Share).

  • RECCo may accept the consideration for the transfer (subject to the Retiring Shareholder paying-up all amounts which remain unpaid on any Share) and hold it on trust for the Retiring Shareholder, which acceptance shall be a good discharge to the nominee, and may set off such amounts against the costs and expenses of the transfer.

  • Upon written notice by the Board requiring it to do so, a Retiring Shareholder shall pay up all amounts which remain unpaid on any Share held by it.

  • AltHANCo may accept the consideration for the transfer (subject to the Retiring Shareholder paying-up all amounts which remain unpaid on any Share) and hold it on trust for the Retiring Shareholder, which acceptance shall be a good discharge to the nominee, and may set off such amounts against the costs and expenses of the transfer.

  • Retiring Shareholder means a Shareholder that ceases to be a Relevant SupplierParty.

  • The Company may accept the consideration for the transfer and hold it on trust for the Retiring Shareholder, which acceptance shall be a good discharge to the nominee and may set off such amount against the costs and expenses of the transfer.


More Definitions of Retiring Shareholder

Retiring Shareholder means a Shareholder who makes or intends to make a Final Disposal. Shareholders’ Deed page 5 Schedule means a schedule to this deed. Secretary means the company secretary of the Company. Shareholder means each of the First Shareholder and the Second Shareholder and any other person that executes a Deed of Accession and holds Shares from time to time in accordance with this deed. Shareholders’ Meeting means a duly constituted meeting of Shareholders at which a quorum is present. Shares mean the ordinary shares in the capital of the Company as consolidated, subdivided or reduced from time to time.
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Retiring Shareholder means a Shareholder who makes or intends to make a Final Disposal. Schedule means a schedule to this deed.
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Related to Retiring Shareholder

  • Transferring Shareholder has the meaning set out in Section 6.1;

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

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

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Defaulting Shareholder has the meaning set out in clause 16.7;

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Existing Stockholders means the WCAS Securityholders and their Affiliates.

  • Class A Shareholder means a holder of Class A Shares;

  • 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.

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

  • 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.

  • Dissenting Shareholder means any Company Shareholder who has properly exercised its Dissent Rights and has not withdrawn or been deemed to have withdrawn such Dissent Rights;

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

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

  • right holder means a person or a legal entity that was previously granted or lawfully acquired a fishing right or which will be granted a right in the allocation process envisaged in this Policy.

  • Controlling Shareholder means any shareholder owning more than fifty

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

  • Dissenting Shareholders means registered Shareholders who validly exercise the rights of dissent provided to them under the Interim Order;

  • Preferred Shareholder means any holder of the Preferred Shares.

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

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

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

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

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