Share Qualification definition

Share Qualification means the required percentage of shareholding in the issued share capital of the Company to appoint a Director as set out in clause 3.2. Shareholder means a party who holds Shares and, at the date of this agreement, means a party listed in the table in Schedule 1 (other than in respect of the unallocated Share Plan).
View Source

Examples of Share Qualification in a sentence

  • For the avoidance of doubt, nothing in this Agreement shall limit a CL SPV’s right to freely transfer, sell or dispose of the CL Shares held thereby immediately following the CL Share Qualification.

Related to Share Qualification

  • pre-qualification means a screening process designed to ensure that invitations to bid are confined to capable providers;

  • Minimum Qualifications means the requirements of education, training, experience and other basic qualifications for a job.

  • Impermissible Qualification means, relative to the opinion or certification of any independent public accountant as to any financial statement of the Borrower, any qualification or exception to such opinion or certification

  • Monthly Qualification Cycle means a period beginning one (1) Business Day prior to the first day of the current Statement Cycle through one (1) Business Day prior to the close of the current Statement Cycle.

  • indenture to be qualified means this Indenture.