Target Shareholder definition
Examples of Target Shareholder in a sentence
No Target Shareholder has any right to compel Target to register or otherwise qualify the Target Shares (or any of them) for public sale or distribution.
If the receipt of cash payments has the effect of a distribution of a dividend to a Target Shareholder, some or all of the gain recognized will be treated as a dividend taxed as ordinary income.
Each Target Shareholder shall deliver to Merger Sub any certificate evidencing a Target Share and receive in exchange therefore the Parent Shares to be received in connection with the Merger as provided in Section 1.2(a)(iii).
The Target Shareholder assures the WFOE that it will continue to abide by the VIE Agreements.
Each Target Shareholder assures the WFOE that, it has made and procured its shareholders or directors or other persons to make all appropriate arrangements (if applicable), has signed and procured its shareholders or directors or other persons to sign all required documents, so as to ensure its effective existence and continued compliance with the VIE Agreements.