the Controlling Shareholder definition

the Controlling Shareholder means in respect of any company which may be or become a shareholder in the Company and of which its shareholding in the Company is its major asset, the registered holders of the controlling common shares in such company or controlling interest in such close corporation, as the case may be, as at the date on which that company acquires or is allotted common shares in the Company;
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Examples of the Controlling Shareholder in a sentence

  • As the Licensor is a fellow subsidiary of ▇▇▇▇▇ Holdings (which in turn is the Controlling Shareholder) and a connected person of the Company, the Brand Licence Agreements constitute continuing connected transactions of the Company under the Listing Rules.

  • Neither the Founder nor the Controlling Shareholder shall persuade or encourage any employee of the Group Company to accept other employment, or to recruit any employee of the Group Company in other ways; or to provide any form of consultation, guidance, counsel, assistance or funding to any person engaged in a business that competes with the business of the Group Company.

  • The Founder, the Controlling Shareholder and the Company are not aware of any circumstances that would lead to such formal investigations or inquiries.

  • If the Participant fails to deliver such documents to the Controlling Shareholder, the Company shall cause its books and records to show that the Shares held by the Participant have been transferred pursuant to the provisions of this Section 3.4.

  • As at the date of this announcement, BSAM, being the Controlling Shareholder, is interested in approximately 63.31% of the issued share capital of the Company and is therefore a connected person of the Company under the Listing Rules.

  • The Participant shall deliver to the Controlling Shareholder at least seven (7) business days prior to the proposed closing date referred to above all documents and certificates, correctly endorsed and executed, necessary to close the Sale Transaction.

  • The Company, the Controlling Shareholder and the Founder shall continue to take all reasonable measures to protect the intellectual property assets owned by the Group Company, including but not limited to carry out the registration, filing, and application procedures for intellectual property rights such as trademarks, trade names, domain names, copyrights, computer software copyrights, utility models, appearance design and patents related to the main business.

  • If any Sale Transaction is not consummated prior to the expiration of the one-hundred twenty (120) day period referred to in this Section, the Controlling Shareholder may not thereafter consummate the proposed Sale Transaction (without complying again with subsection 3.4(b) above) and shall return to the Participant all documents previously delivered to the Controlling Shareholder in connection with such Sale Transaction.

  • If the Controlling Shareholder exercises its Drag-Along Rights, the Participant shall be required to sell his or her Shares or a portion of his or her Shares at a purchase price per Share and upon the same terms as the shares of the Controlling Shareholder.

  • The Board of Directors will be composed of nine members unless a change to the number of directors is approved by Francisco Partners II (Cayman), L.P. as the Controlling Shareholder of Arsenal Holdco I, S.a.r.