Examples of Support Shareholders in a sentence
The Support Shareholders own, in the aggregate, approximately 19% of the outstanding common shares of the Company.
Nothing in this Plan shall affect any of the Applicant’s rights and defences, both legal and equitable, with respect to any Affected Claims, including, but not limited to, all rights with respect to legal and equitable defences or entitlements to setoffs or recoupment against such Claims.
Mr. Kenneth Chiu Executive Vice President (Support) Shareholders attending the Meeting1.
The Support Shareholders collectively hold 1,358,652 Beattie Gold shares representing approximately 72.3% of the issued and outstanding common shares of Beattie Gold.Transaction Details First Mining intends to make an offer to all registered holders of common shares of Beattie Gold in accordance with applicable Canadian securities laws.
Lock-Up AgreementsIn connection with the Beattie Offer, First Mining has entered into binding lock-up agreements with certain shareholders ("Support Shareholders") of Beattie Gold who have agreed to support the Beattie Offer and to irrevocably tender all of their common shares of Beattie Gold to the Beattie Offer.
The Support Shareholders also granted irrevocable proxies to Purchaser to vote the common shares owned by them, and they have agreed that they will not transfer their common shares to third parties or enter into any voting agreement, voting trust, or similar arrangement, or grant any of the proxies with respect to their shares, except as permitted under the Support Agreement.
We are confident that our platform will now benefit from critical size and have the ability to set the standards in the attractive customized sensors market." Transaction Support Shareholders of BEI holding approximately 20% of the outstanding shares (including Charles Crocker) have entered into transaction support agreements with Schneider Electric and agreed to tender their shares in the proposed tender offer and to otherwise support the transaction.
The Support Agreement binds the Support Shareholders only in their capacities as shareholders and not in their capacities as our directors, officers, or fiduciaries.
Within twelve (12) hours after the execution and delivery of this Agreement, the Company will deliver to Acquiror the Shareholder Written Consent from the Company Support Shareholders.
The Support Agreement obligates the Support Shareholders to: (i) vote all common shares owned by them for the Transaction Proposals; (ii) vote against any merger, business combination, or similar transaction (other than the Assets Sale and the other Transaction Proposals); and (iii) not transfer his or its common shares pending completion of the shareholder meetings called to consider the Transaction Proposals or until the earlier termination of the Asset Purchase Agreement.