Transacting Shareholder definition

Transacting Shareholder means, having regard to the co-operative activity of the Company under clause 3, a Shareholder who:
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Examples of Transacting Shareholder in a sentence

  • In addition, in accordance with section 20 of the Co-operative Companies Act you may offer to surrender all or any of your shares if you have ceased to be a Transacting Shareholder, however we are not under any obligation to accept that request.

  • You will not be entitled to vote on any resolution at a shareholders meeting unless you are a Transacting Shareholder (as defined in the Rules) and your shares are fully paid up.The terms of issue and rights and powers attaching to the Shares are set out in Part B of the Rules.

  • Where a Shareholder has disposed of, or changed the use of, that Shareholder’s property and other assets with the result that the Shareholder does not have the capacity to continue to be a Transacting Shareholder.

  • A Transacting Shareholder is a shareholder who carries out transactions with CBS Co-op or its suppliers.

  • The offer therefore has no closing date but the Board is not obliged to accept applications and can decide to cease or suspend offering Shares at any time.Shareholding requirementsIn order to become a Shareholder, you must make a minimum investment (being 1,000 Shares) of $1,000 (“Price”).You will only be issued Shares if, in the opinion of the Board, you will be a Transacting Shareholder.

  • The Board may thereafter alter the share register so that such Transacting Shareholder shall appear therein as being the holder of such shares as are required to meet all or part of the Quota Shareholding requirement of that Transacting Shareholder, as if the Transacting Shareholder had made the application for those shares necessary to adjust the holding of that Transacting Shareholder to or towards the Quota Shareholding applicable to that Transacting Shareholder.

  • The Board may establish a minimum number of shares required to be held by a Transacting Shareholder as Qualifying Shares.

  • Holders of Shares are unlikely to be able to transfer or surrender their Shares for more than the nominal value of $1.00 per Share.Subject to restrictions in the Constitution, you may sell or transfer your Shares to any person who is, or will become, a Transacting Shareholder of CBS Co-op.

  • Any Shareholder who or which is a Transacting Shareholder and who or which has ceased co- operative activity with the Company, which activity is not intended to recommence, shall give the Company written notice of such cessation as soon as is reasonably practicable and failure to do so shall entitle (but not oblige) the Board to assume that the Shareholder concerned is likely to resume co-operative activity with the Company at some time in the future.

  • Upon the issue, reissue or allotment of any shares, the Board may forthwith and without any authority of the Members other than this clause apply all or part of the amounts due to any Transacting Shareholder to pay up in full or in part shares so issued, reissued, or allotted to each such Transacting Shareholder in respect of Quota Shareholding.

Related to Transacting Shareholder

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Soliciting Shareholder means, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

  • Scheme Shareholder means a person who is registered in the Register on the Record Date as the holder of one or more Scheme Shares.

  • Company Shareholder means a holder of one or more Company Shares;

  • Ordinary Shareholder means a holder of ordinary shares;

  • Controlling Shareholder means any shareholder owning more than fifty

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Existing Shareholders has the meaning set forth in the preamble.

  • Interested Shareholder means any person (other than the Corporation or any Subsidiary) who or which:

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.

  • Scheme Shareholders means the registered holders of Scheme Shares at the relevant time.

  • Transferring Shareholder has the meaning set out in Section 6.1;

  • Preferred Shareholder means any holder of the Preferred Shares.

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Shareholder Associated Person of any Shareholder means (i) any person controlling, directly or indirectly, or acting in concert with, such Shareholder, (ii) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such Shareholder, and (iii) any person controlling, controlled by or under common control with such Shareholder Associated Person.

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Company Shareholders Meeting shall have the meaning set forth in Section 2 hereof.

  • Ordinary Shareholders means holders of Ordinary Shares.

  • Company Shareholder Meeting has the meaning set forth in Section 5.2(a).