Selling Shareholders definition

Selling Shareholders has the meaning set forth in Section 5.6(a)(i).

Examples of Selling Shareholders in a sentence

  • The Selling Shareholders will offer for sale of 48,000,000 Offer Shares representing approximately 8.3% of our enlarged issued share capital at the IPO Price by way of private placement to selected investors.

  • The determination of the Price Band is based on various factors and assumptions, and will be determined by our Company and the Selling Shareholders in consultation with the BRLM.

  • The total gross proceeds from the Offer for Sale amounting up to RM[•] million will accrue entirely to our Selling Shareholders.

  • The fees and expenses relating to Issue shall be shared in proportion mutually agreed between our Company and the respective Selling Shareholders in accordance with applicable law.

  • Fresh Issue The details of the proceeds of the Fresh Issue are summarized below:(₹ in lakhs)ParticularsAmountGross Proceeds from the Fresh Issue[●]Less: Issue related expenses*[●]Net Proceeds of the Fresh Issue[●]*Except for the Listing fees and Market making fees, which will be borne by our Company, all other expenses relating to the Issue as mentioned above will be borne by our Company and the Selling Shareholders in proportion to the Equity Shares contributed / issued in the issue.

More Definitions of Selling Shareholders

Selling Shareholders has the meaning assigned to such term in Section 2.3(a).
Selling Shareholders shall have the meaning specified in the introductory paragraph of the Agreement.
Selling Shareholders means a holder of Registrable -------------------- Securities who requests Registration under Section 2 herein.
Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its 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. The Company represents and warrants that Cutbacks will not apply with respect to at least 6,000,000 Initial Registrable Securities and that not fewer than 6,000,000 of Initial Registrable Securities must be included for registration in the Initial Registration Statement.
Selling Shareholders are those shareholders set forth on Schedule 1 executing this Agreement as may be amended time to time prior to Closing
Selling Shareholders means, as of immediately prior to the Blocker Pre-Closing Reorganization, any member of OpenMail, any holder of Equity Interests in PSH, any holder of Equity Interests in Protected UK (other than Protected Blocker), any holder of Equity Interests in OpenMail and any holder of Value Creation Units.
Selling Shareholders has the meaning set forth in the recitals to this Agreement.