Sanctioned Shareholder definition

Sanctioned Shareholder means any Shareholder or any of its beneficial owners, controllers, or authorized Person subject to sanctions under any Sanctions Laws and Regulations, for the period of time that such Shareholder (or such related person) is subject to such sanctions.
Sample 1
Sanctioned Shareholder means any Shareholder subject to sanctions under any Sanctions Laws and Regulations, for the period of time that such Shareholder is subject to such sanctions.
Sample 1

Examples of Sanctioned Shareholder in a sentence

  • Each Shareholder that is not a Sanctioned Shareholder will be required to bear an increased amount of Fund Expenses (other than Advisory Fees) in order to cover the amount attributable to Sanctioned Shareholders, except in the case of customs duties, taxes, and fees payable to any government or regulatory agency or instrumentality.

  • In the event that the AIFM determines that a Shareholder is a Sanctioned Shareholder, any of the AIFM, the Portfolio Manager and their Affiliates may, without prior notice to such Sanctioned Shareholder or the other Shareholders, take such actions as it determines appropriate to comply with applicable Sanctions Laws and Regulations and other applicable laws and regulations.

  • The AIFM (in its discretion as to timing and amount) may make distributions of any amounts received by the ICAV in accordance with this Section 17.03(c) (other than amounts received with respect to Advisory Fees) to the Shareholders (excluding such Sanctioned Shareholder) pro rata in accordance with the amounts contributed by such other Shareholders under Section 17.03(b) hereof.

  • In connection with taking any such actions and / or upon the lifting of any sanctions on a Sanctioned Shareholder, the AIFM may make such adjustments, including adjustments to Drawdowns, capital accounts, Capital Contributions, Available Commitments, distributions, allocations, voting rights, and any and all other fees, payments and obligations, as it determines appropriate.

  • In addition, in the event that the AIFM determines that a Shareholder is a Sanctioned Shareholder, such Shareholder will not participate in Investments made by the ICAV while the applicable Shareholder is a Sanctioned Shareholder.

  • In addition, in the event that the AIFM determines that a Shareholder is a Sanctioned Shareholder, such Shareholder willnot participate in Investments made by the ICAV while the applicable Shareholder is a Sanctioned Shareholder.

  • If any Shareholder becomes subject to any Sanctions (the “ Sanctioned Shareholder”), all voting rights of the Sanctioned Shareholder shall be automatically suspended and the Sanctioned Shareholder shall promptly transfer its Shares to another Shareholder or a third party.

  • XxXxxx Title: Senior Vice President JPMORGAN CHASE BANK, N.A. By: /s/ Xxxxxx Xxxxxxx Name: Xxxxxx Xxxxxxx Title: Vice President CITIZENS BANK OF PENNSYLVANIA By: /s/ Xxxxxx X.

  • In connection with taking any such actions and/or upon the lifting of any sanctions on a Sanctioned Shareholder, the AIFM may make such adjustments, including adjustments to Drawdowns, Book Capital Accounts, Capital Contributions, Available Commitments, distributions, allocations, voting rights, and any and all other fees, payments and obligations, as it determines appropriate.

  • Each case study proposal should include the specific objective, the proposed IATA (describing the information available, new studied to be conducted, and the proposal for integrating the results), and the relevance for EFSA.

Related to Sanctioned Shareholder

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

  • Sanctioned Entity means (a) a country or a government of a country, (b) an agency of the government of a country, (c) an organization directly or indirectly controlled by a country or its government, (d) a Person resident in or determined to be resident in a country, in each case, that is subject to a country sanctions program administered and enforced by OFAC.

  • 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;

  • Interested Shareholder means any person (other than the Corporation or any Subsidiary) who or which:

  • Sanctioned Person means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, or by the United Nations Security Council, the European Union or any European Union member state, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned or controlled by any such Person or Persons described in the foregoing clauses (a) or (b).

  • Stockholder means, with respect to any Person, each holder of Stock of such Person.

  • Sanctioned Party means any persons, entities, bodies, or vessels designated by a Sanctioning Authority.

  • Shareholder Associated Person of any Shareholder means (i) any person controlling, directly or indirectly, or acting in concert with, such Shareholder, (ii) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such Shareholder, and (iii) any person controlling, controlled by or under common control with such Shareholder Associated Person.

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

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

  • sanctioned plan means the site plan, building plan, service plan, parking and circulation plan, landscape plan, layout plan, zoning plan and such other plan and includes structural designs, if applicable, permissions such as environment permission and such other permissions, which are approved by the competent authority prior to start of a real estate project;

  • Substantial Stockholder means any person, other than the Corporation or any Subsidiary, who or which is the Beneficial Owner, directly or indirectly, of 10% or more of the outstanding shares of Common Stock (determined solely on the basis of the total number of shares so beneficially owned and without giving effect to the number of percentage of votes entitled to be cast in respect of such shares) in relation to the total number of shares of Common Stock issued and outstanding.

  • Stockholder Associated Person of any stockholder means (A) any person controlling, directly or indirectly, or acting in concert with, such stockholder, (B) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such stockholder or (C) any person directly or indirectly controlling, controlled by or under common control with such Stockholder Associated Person.

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Sanctioned Load means the load in kW, kVA or BHP, which the licensee has agreed to supply from time to time subject to the governing terms and conditions in the absence of an Agreement between the Distribution licensee and the consumer;

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Controlling Shareholder means any shareholder owning more than fifty

  • 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.

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

  • Interested Person shall have the meaning given it in Section 2(a)(19) of the 1940 Act;

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of any class or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its "affiliate" or "associate" (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its "affiliate" or "associate" as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

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

  • Sanctioned Country means, at any time, a country or territory which is the subject or target of any Sanctions.

  • Sanctioned Jurisdiction means, at any time, a country, territory or geographical region that is subject to, the target of, or purported to be subject to, Sanctions Laws.

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

  • Principal Stockholder means, collectively, (i) the Sponsor and (ii) any affiliate or successor of a person referenced in clauses (i) and (ii) of this definition.