Examples of Transferring Shareholder in a sentence
The Transferee agrees to accede and be bound by the terms of the Agreement assuming the same position ( subrogación) of the Transferring Shareholder in respect of the Transferred Shares from the date on which the acquisition of the Transferred Shares by the Transferee becomes effective.
Any Holder of a Share in Arcapita Bank who does not elect to exchange its Shares for a Pro Rata Share of the Transferring Shareholder Warrants prior to the expiration of the one-year deadline shall retain its Shares in Arcapita Bank and the Pro Rata Share of Transferring Shareholder Warrants which such Holder would have received shall expire and be cancelled.
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 means any Holder of Shares in Arcapita Bank that agrees to transfer such Shares to New Arcapita Bank Holdco in exchange for such Holder’s Pro Rata Share of the Transferring Shareholder Warrants on or before the one year anniversary of the Effective Date.