TransCanada Shareholder Rights Plan definition

TransCanada Shareholder Rights Plan means the shareholders rights plan of TransCanada; and
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TransCanada Shareholder Rights Plan. ’ means the Shareholder Rights Plan of TransCanada as set out in the Shareholder Rights Plan Agreement dated as of December 2, 1994 and amended and restated as of April 7, 1995 between TransCanada and Montreal Trust Company of Canada.
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Examples of TransCanada Shareholder Rights Plan in a sentence

  • The board of directors without such approval may correct clerical or typographical errors and, subject to approval as noted above at the next meeting of the shareholders (or holdersof rights, as the case may be), may make amendments to the TransCanada Shareholder Rights Plan to maintain its validity due to changes in applicable legislation.Exemptions for Investment Advisors.

  • The TransCanada Shareholder Rights Plan was effective on December 2, 1994 (the ‘‘Plan Effective Date’’).

  • The exercise price for the rights will be increased from $60 to $100, reflecting the rise in the company’s share price since the TransCanada Shareholder Rights Plan first came into effect.

  • Where the board of directors exercises the waiver power for one take-over bid, the waiver will also apply to any other take-over bid for TransCanada made by take-over bid circular to all holders of common shares prior to the expiry of any other bid for which the TransCanada Shareholder Rights Plan has been waived.Redemption.

  • The amendment to the TransCanada Shareholder Rights Plan which will continue as the rights plan for EnergyCo., amended as proposed at the TransCanada Meeting, will take effect on approval by the TransCanada Common Shareholders.Term.

  • Reconfirmation of the TransCanada Shareholder Rights Plan is required at the TransCanada Meeting, otherwise it expires.

  • TransCanada Shareholder Rights PlanThe TransCanada Shareholder Rights Plan has provisions that require that it be periodically reconfirmed.

  • The TransCanada board of directors, acting in good faith, may, until the occurrence of a Flip-in Event, waive the application of the TransCanada Shareholder Rights Plan to a particular Flip-in Event (an ‘‘Exempt Acquisition’’) where the take-over bid is made by a take-over bid circular to all holders of common shares.

  • The rights will separate from the EnergyCo. Common Shares and will be exercisable eight trading days (the ‘‘Separation Time’’) after a person has acquired, or commences a take-over bid to acquire, 20% or more of the EnergyCo. Common Shares, other than by an acquisition pursuant to a take-over bid permitted by the TransCanada Shareholder Rights Plan (a ‘‘Permitted Bid’’).

  • The power of the board of directors to interpret the TransCanada Shareholder Rights Plan will be further restricted.

Related to TransCanada Shareholder Rights Plan

  • Shareholder Rights Plan means the amended and restated shareholder rights plan agreement dated as of November 10, 2015 between Parent and American Stock Transfer and Trust Company, LLC, as rights agent, as amended and restated as of April 18, 2016 as further amended, restated, succeeded or replaced from time to time, and any similar plan adopted from time to time;

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

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

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

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

  • Rights Plan means a plan of the Company providing for the issuance by the Company to all holders of its Common Stock of rights entitling the holders thereof to subscribe for or purchase shares of any class or series of capital stock of the Company which rights (i) are deemed to be transferred with such shares of such Common Stock and (ii) are also issued in respect of future issuances of such Common Stock, in each case until the occurrence of a specified event or events.

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

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

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Shareholder Agreements has the meaning set forth in the recitals to this Agreement.

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

  • Preferred Shareholder means any holder of the Preferred Shares.

  • 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).

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

  • Company Shareholder Approval means the authorization and approval of this Agreement, the Plan of Merger and the Transactions, including the Merger, at the Company Shareholders’ Meeting by the Required Company Vote.

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

  • Newco Shares means the common shares in the capital of Newco;

  • Preferred Shareholders means the holders of Preferred Shares.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Share Exchange Agreement has the meaning specified in the Recitals.

  • Target Shareholders means the holders of Target Shares;

  • 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.

  • 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.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.