Transferring Shareholder definition

Transferring Shareholder has the meaning set forth in Section 5.2(a).
Transferring Shareholder has the meaning set out in Section 6.1;
Transferring Shareholder means a Shareholder proposing to effect a Transfer.

Examples of Transferring Shareholder in a sentence

If an Offeree elects to exercise its Tag-Along Right, the number of Shares to be Transferred by the Transferring Shareholder shall be reduced accordingly.

Any stamp duty or transfer taxes or fees payable on the transfer of any Offered Shares shall be borne and paid equally by the Transferring Shareholder and the relevant Offeree.

Upon receipt of a Co-sale Notice, the Transferring Shareholder shall be obligated to transfer at least the entire number of Shares set forth in the Co-sale Notice to the transferee on the Transferee Terms; provided, however, that the Transferring Shareholder shall not consummate the purchase and sale of any Shares hereunder if the transferee does not purchase all such Shares specified in all Co-sale Notices.

For the removal of doubt, a Transfer by a Transferring Shareholder to its Permitted Transferee in accordance with the provisions of these Articles shall not trigger the application of Article 30 or this Article 31.

The IPO Notice shall indicate the number of Shares the Transferring Shareholder wishes to sell in the IPO subject to the provisions of this clause 15.6. The Board shall determine the applicable exchange taking into account the recommendations of the Valuer and market liquidity and available capital and such other factors as the Board deems necessary.


More Definitions of Transferring Shareholder

Transferring Shareholder means Shareholder who sells, assigns, pledges, hypothecates, or otherwise transfers for consideration or gratuitously all or any portion of the Shares held of record by such Shareholder.
Transferring Shareholder has the meaning set forth in Section 5.1 of this Agreement.
Transferring Shareholder has the meaning assigned to such term in Section 3.4(a).
Transferring Shareholder has the meaning set forth in Section 11.1.1.
Transferring Shareholder has the meaning set out in Clause ‎22.4.1;
Transferring Shareholder shall have the meaning set forth in Section 3.2.
Transferring Shareholder has the meaning ascribed to it in Section 4.6 (Exercise of Right of First Refusal).