Shareholder Support definition

Shareholder Support means financial support granted by shareholding entities of the Issuer in the form of (a) guarantees for trade obligations of a Group Company in the ordinary course of business, or (b) short-term loans to a Group Company to cater for seasonal liquidity needs, with a term not exceeding five (5) months, provided that such loans or contingent liabilities under such guarantees are fully subordinated to the Secured Obligations, and that interest rates or guarantee commissions or any other remuneration related thereto (as the case may be) do not exceed those for loans or guarantees, respectively, under the Revolving Credit Facilities.

Shareholder Support has the meaning set forth in the Credit Documents.

Shareholder Support means financial support pursuant to this Agreement in the form of a cash payment not exceeding the amount of the Relevant O&M Obligations due but unpaid at the time of such cash payment.

Examples of Shareholder Support in a sentence

• Cotter, Shareholder Proposals in the New Millennium: Shareholder Support, Board Response, and Market Reaction, 13 J.

• Ongoing Shareholder Support Our majority shareholder Warid Telecom International LLC (WTI) continues to provide management with comfort with regards to it’s ongoing support, key requirements of which are the delisting of the Company from all stock exchanges of Pakistan where the Company is listed, and the successful restructuring of the debt.

• Further, the Board took note of the fact that Noteholders holding approximately 80% of the Total Existing Note Value have executed the Noteholder Support Agreement and Shareholders representing approximately 58% of the issued and outstanding Existing Common Shares have executed Shareholder Support Agreements.

• As of the date of this Agreement, the Company shareholders party to the Company Shareholder Support Agreement hold Company Shares representing the voting power sufficient to obtain the Required Company Shareholder Approval.

• The undersigned hereby (i) represents and warrants that, pursuant to this Joinder Agreement and the Shareholder Support Agreement, it is a Permitted Transferee under the Shareholder Support Agreement and (ii) makes all of the representations and warranties set forth in Article 3 of the Shareholder Support Agreement, mutatis mutandis.

• The Proposed Amendments Would Have Disallowed Numerous Shareholder Proposals that Garnered Significant Shareholder Support in 2020, Including in Some Cases Majority Support Both the proposed amendments’ new resubmission thresholds, including the proposed new momentum rule, and new ownership stake and duration requirements would have barred potential value-enhancing shareholder proposals that garnered significant shareholder support in 2020.

• The ownership role within the municipality was initially allocated to the Department of Finance but subsequently a Shareholder Support Unit was created in the Office of the City Manager.

• The undersigned acknowledges and agrees that the provisions of ‎ARTICLE V of the Shareholder Support Agreement are incorporated herein by reference, mutatis mutandis.

• This Amendment Deed shall not constitute an amendment or waiver of any provision of the Shareholder Support Agreement, except as expressly set forth herein.

• A rate under this Administrative Order shall only apply to costs associated with private road maintenance.

More Definitions of Shareholder Support

Shareholder Support has the meaning as set out in Clause 16.4 (Shareholder Support);

Shareholder Support has the meaning set out in Clause 6.1(a).

Shareholder Support means any undertaking, covenant, guarantee of, performance bond from, pledge of Shares held by, or any other recourse to, the Shareholders, and provided by the Shareholders to, or in favour of, any third person pursuant to any financing arrangement of the Company or any other Group Company from time to time;

Shareholder Support has the meaning set forth in the Shareholder Support Agreement.

Shareholder Support means any undertaking, covenant, guarantee of, performance bond from, pledge of Shares or other assets held by, or any other recourse to the assets of, a Shareholder, and granted or provided by a Shareholder to, or in favor of, any third person in relation to any obligation or liability of the Company or any other member of the JV Group from time to time pursuant to any financing arrangement of the Company or any other member of the JV Group;