Shareholder Transaction definition

Shareholder Transaction means the declaration or payment of cash dividends, the purchase of Borrower Common Stock, or any transaction or series of transactions that have a substantially similar effect undertaken by the Borrower in an aggregate amount not to exceed $375,000,000, which could include a return of capital.
Shareholder Transaction has the meaning given in Clause 6.1;

Examples of Shareholder Transaction in a sentence

  • Telephone Calls § Voice Response Calls § Manual Shareholder Transaction & Correspondence § Omnibus Account Transaction § Daily Valuation/Manual 401k Trade § Report Source - Client on-line access to fund and investor data.

  • All of the Shareholder Transaction Documents shall have been executed and delivered contemporaneously with or prior to the sale of the Securities.

  • Fund requests for Shareholder Transaction Information shall be made no more frequently than quarterly except as the Fund deems necessary to investigate compliance with policies established by the Fund for the purpose of eliminating or reducing any dilution of the value of the outstanding shares issued by the Fund.

  • Each Shareholder Transaction Document conforms in all material respects to all statements relating thereto contained in the Registration Statement, the General Disclosure Package and the Prospectus and such description conforms in all material respects to the rights set forth in such Shareholder Transaction Document.

  • Within 30 days following receipt of the Company Sale Notice (the "Sale Election Period"), any of the Shareholders shall deliver to the Company and the other Shareholders written notice setting forth such holders' election, if any, to deliver a written offer (a "Shareholder Offer"), upon substantially the same terms as described in the Company Sale Notice, to acquire the Company (a "Shareholder Transaction").

  • If any of the Shareholders has delivered a Shareholder Offer within the Sale Election Period, the Company and the other Shareholders shall consummate the Shareholder Transaction within 90 days of receipt by the Proposing Shareholder of the Shareholder Offer.

  • At least fifty (50) days shall have elapsed after the filing of the Israeli Merger Proposal with the Israeli Registrar and at least thirty (30) days shall have elapsed after the Check-Cap Shareholder Transaction Approval and the Israeli Registrar shall have issued the Certificate of Israeli Merger.

  • Promptly following the Final Return Date, Parent shall sign each of the Shareholder Transaction Documents properly completed, executed and returned to Parent, and shall promptly return fully executed originals thereof to the applicable Shareholders, together with copies thereof to the Shareholders' Representatives.

  • Check-Cap has all necessary corporate power and authority to enter into and to perform its obligations under this Agreement and, subject to receipt of the Check-Cap Required Approvals, the Check-Cap Shareholder Transaction Approval and Check-Cap Shareholder Nasdaq Reverse Split Approval, to consummate the Transactions to which Check-Cap is a party.

  • Requests from the Fund or its designee for Shareholder Transaction Information shall be made no more frequently than quarterly except as the Fund or its designee deems necessary to investigate compliance with policies established by the Fund or its designee for the purpose of eliminating or reducing any dilution of the value of the outstanding shares issued by the Fund.