Supporting Shareholder definition

Supporting Shareholder and “Supporting Shareholders” have the meaning given in the Arrangement Agreement;
Supporting Shareholder means any holder of equity securities of the Corporation who is a Shareholder (as defined in either the Shareholders Agreement or the Company Holders Support Agreement).

Examples of Supporting Shareholder in a sentence

  • Nothing herein shall restrict or limit any Supporting Shareholder, director or officer of the Supporting Shareholder or any of its affiliates who is also an officer or a director of the Company or any of its Subsidiaries from taking any action required to be taken in the discharge of his or her fiduciary duty as a director or officer of the Company or any of its Subsidiaries or that is otherwise permitted by, and done in compliance with, the terms of the Arrangement Agreement.

  • The Purchaser and the Guarantor further hereby agree that the Supporting Shareholder is not making any agreement or understanding herein in any capacity other than in its capacity as shareholder of the Company and that the provisions hereof shall not be deemed or interpreted to bind the Shareholder in her or his capacity as a director of the Company.

  • If for any reason the Merger fails to occur but the Rollover Closing contemplated by Article II has already taken place, then Parent shall promptly take all such actions as are necessary to restore each Supporting Shareholder to the position it was in with respect to ownership of the Rollover Shares prior to the Rollover Closing.

  • This irrevocable proxy and power of attorney is given in connection with, and in consideration of, the execution of the Merger Agreement and the Transactions, and that such irrevocable proxy is given to secure the performance of the duties of such Supporting Shareholder under this Agreement.

  • The power of attorney granted by such Supporting Shareholder herein is a durable power of attorney and, so long as Parent has the interest secured by such power of attorney or the obligations secured by such power of attorney remain undischarged, the power of attorney shall not be revoked by the dissolution, bankruptcy, death or incapacity of such Supporting Shareholder.


More Definitions of Supporting Shareholder

Supporting Shareholder means Denis O’Brien or any entities directly or indirectly controlled by Denis O’Brien which hold a claim against or direct or indirect interest in the Company.
Supporting Shareholder means those Shareholders listed on Schedule D, which are the only Shareholders who will be Indemnifying Parties under Article VII.
Supporting Shareholder means Donaxx X. Xxxxx, X.D., Suzaxxx X. Xxxxx, xxo own 1,153,319 shares of the Company Common Stock, and Geraxx Xxxxxx xxx Waltxxx Xxxxxx, xxo own 880,000 shares of Company Common Stock as of the date hereof, each of whom have executed Support/Voting Agreements with the Purchaser simultaneous with the execution of this Agreement.
Supporting Shareholder means those Company Shareholders listed on the Supporting Shareholders Schedule and who collectively own, beneficially and of record, a majority of the outstanding shares of each class of capital stock of the Company.
Supporting Shareholder means any Shareholder or Optionholder who has entered into a Support Agreement with Acquisitionco.
Supporting Shareholder means any one of them.
Supporting Shareholder means all the directors and senior officers of the Company and any other individual or entity entering into the Voting and Support Agreement with META;