SCAC Shareholders’ Representative definition

SCAC Shareholders’ Representative means Xxxxx Sha or such other individual as designated by a majority of the existing shareholders of SCAC that were also shareholders of SCAC prior to the Closing, such designation in writing, who has been irrevocably and fully authorized to act on behalf of all of the shareholders of SCAC with respect to such matters as designated herein.

Examples of SCAC Shareholders’ Representative in a sentence

In addition, the AutoChina Shareholders agree, and the Warrantors shall cause the AutoChina Shareholders to agree, that, for a period commencing from the Closing Date and ending December 31, 2011, they shall vote all SCAC Ordinary Shares then owned by them in favor of the persons nominated as directors by the SCAC Shareholders’ Representative pursuant to this Section 7.04.
The SCAC Shareholders’ Representative has selected James Cheng-Jee Sha and Diana Chia-Huei Liu, the AutoChina Shareholders’ Representative has selected Yong Hui Li and Hui Kai Yan, and the SCAC Shareholders Representative and the AutoChina Shareholders’ Representative have jointly selected Thomas Luen-Hung Lau to be nominated as a candidate for director in this proxy statement relating to the Company’s 2010 Annual General Meeting.
During the Concerned Period, FounderCo shall vote at regular or special meetings of shareholders and give its written consent with respect to, all the SCAC Ordinary Shares then owned by it (or as to which it then has voting power) to elect two (2) persons nominated by the AutoChina Shareholders’ Representative and two (2) persons nominated by the SCAC Shareholders’ Representative.
Subject to the satisfaction of the requirements under Section 2 of this Agreement, FounderCo further agrees to vote at regular or special meetings of shareholders and give its written consent with respect to, all the SCAC Ordinary Shares then owned by it (or as to which it then has voting power) to elect an individual nominated or recommended (as the case may be) by the SCAC Shareholders’ Representative to fill any vacancy created by such removal.
Directors nominated by the AutoChina Shareholders’ Representative and by the SCAC Shareholders’ Representative are referred hereinafter as the “AutoChina Nominated Directors” and the “SCAC Nominated Directors,” respectively.
During the Concerned Period, upon request by the SCAC Shareholders’ Representative, FounderCo shall vote at regular or special meetings of shareholders and give its written consent with respect to, all the SCAC Ordinary Shares then owned by it (or as to which it then has voting power) to remove from the Board any SCAC Nominated Directors selected by the SCAC Shareholders’ Representative for such removal.

Related to SCAC Shareholders’ Representative

Shareholders’ Representative has the meaning set forth in the Preamble.
Stockholders’ Representative has the meaning set forth in the Preamble.
Shareholder Representative has the meaning set forth in the preamble.
Holders’ Representative means the representative of the Holders named in the preamble, until a successor Holders’ Representative shall have become such pursuant to the applicable provisions of this Agreement, and thereafter “Holders’ Representative” shall mean such successor Holders’ Representative.
Stockholder Representative has the meaning set forth in the preamble.
Sellers’ Representative has the meaning set forth in the Preamble.
Seller Representative means Xxxxx Bank.
Member Representative means an individual who can make OHP-related decisions for a member who is not able to make such decisions themselves.
Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.
Holder Representative has the meaning specified in Section 11.1.
Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:
Note Holder Representative means a Controlling Note Holder Representative or a Non-Controlling Note Holder Representative, as applicable.
Management Shareholders means Xxxxxx X. Xxxx, Xxxx X. Xxxxxxx, and Xxxxxx X. Xxxxxxxxx.
Owner’s Representative has the meaning given in Section 2.2.
Seller Representatives has the meaning set forth in Section 5.8(a).
Company Shareholders means holders of Company Shares.
Independent Shareholders means holders of Voting Shares, other than:
Engineer’s Representative means the official in the civil/ electrical engineering department who is authorized to be in-charge of the work to which these presents relate. It shall include any other official nominated to attend to the supervision of day to day execution of the work to which this CONTRACT relates.
Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.
Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).
Investor Representative has the meaning assigned to such term in Section 2.1(a).
Buyer Representatives shall have the meaning set forth in Section 6.4(a).
Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;
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.
Buyer’s Representatives has the meaning set forth in Section 6.02.
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.