Transferor Shareholder definition

Transferor Shareholder means any Shareholder Transferring, or proposing to Transfer, his Shares.
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Transferor Shareholder shall have the meaning set forth in Section 3.4.
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Transferor Shareholder means a Shareholder who is a: 1 Defaulting Shareholder; or 2 Seller.
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Examples of Transferor Shareholder in a sentence

  • The Transferor Shareholder must inform the other shareholders of its offer in a registered letter.

  • In the cases referred to in the previous paragraph, if the Transfer of the Shareholding Subject to Pre-Emption is not completed by the deadline set in paragraph 7.4.6, the entire procedure referred to in this Article must be repeated by the Transferor Shareholder.

  • The Transferor Shareholder, upon the request of any shareholder, must provide suitable proof that the Transfer has occurred in compliance with the conditions laid down in the previous paragraph.

  • In any case, if a Minority Shareholder intends to Transfer all or a part of its Shareholding to a third party, the Minority Shareholder must send a copy of the Offer of the Transferor Shareholder to the Board of Directors asking the latter to resolve on the approval of the third party as a shareholder of the Company (the “ Approval Request”).

  • Each Participating Shareholder (as defined in Article 6.6.6 below) shall have the right to transfer, subject to the provisions of paragraph 6.6.6 below, up to a maximum number of all the classes of shares that it holds in proportion to those transferred by the Transferor Shareholder.

  • Subject to Section 6(b)(iv), the closing of any sale of Offered Shares to the Corporation pursuant to this Section 3 shall take place at a place, date and time mutually acceptable to the Transferor Shareholder and the Corporation, or, if no such agreement is reached, at the offices of the Corporation on the twentieth (20th) business day after the Transferor Shareholder has received the notice of exercise of an option contemplated by Section 3(b).

  • If the terms and conditions materially differ from those set out in the Notice to the Company and/or in the Notice to Shareholders, the Transferor Shareholder may not transfer the shares without further complying with the provisions of this article 6.5.

  • If the Transferor Shareholder aims to transfer all or part of the Transferor Shareholder's Shares (subject to the transfer limitations established in these By-laws), it shall inform, during the negotiations, the Acquiring Third Party of the Tag Along rights of the other shareholders.

  • The Pre-emption Right may be exercised by every Entitled Shareholder within a term, un- der penalty of forfeiture, of 30 (thirty) days of receipt by the Entitled Shareholder of the registered letter pursuant to point (a) above, by sending a registered letter with proof of receipt to the Transferor Shareholder.

  • Where the transfer is not finalized within the above-specified term, the Transferor Shareholder shall again comply with all the provisions set down in this Article 6.


More Definitions of Transferor Shareholder

Transferor Shareholder shall have the meaning given that term in Section 16.1(c).
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Related to Transferor Shareholder

  • 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.

  • 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).

  • Company Shareholder means any holder of any Company Shares.

  • 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.

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

  • Preferred Shareholder means any holder of Preferred Shares.

  • Beneficial shareholder means the person who is a beneficial owner of shares held in a voting trust or by a nominee as the record shareholder.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Registered Shareholder means, as the context requires:

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of any class or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its "affiliate" or "associate" (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its "affiliate" or "associate" as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Class A Shareholder means a holder of Class A Shares;

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • 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.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Stockholder has the meaning set forth in the preamble.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • Stockholder Shares means the shares of common stock of the Company issued to Stockholder in accordance with the terms and conditions of the Reorganization Agreement, including such shares of common stock of the Company transferred from Stockholder to The Cendant Charitable Foundation, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • 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.

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Controlling Shareholder means any shareholder owning more than fifty

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