Transferring Shareholder definition

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

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Transferring Shareholder has the meaning set out in Clause ‎22.4.1;

Transferring Shareholder shall have the meaning ascribed to it in Clause 5.5;

Examples of Transferring Shareholder in a sentence

• The Company and the Promoters shall exercise reasonable endeavours to provide assistance to the Transferring Shareholder and the Investor to obtain any such required consents or approvals in a timely manner.

• In the event that the Investor decides to exercise its right of first refusal, the Transferring Shareholder shall Transfer all the Transfer Shares to the Investor as mentioned in the ROFR Exercise Notice at the ROFR Price and on the terms as are mentioned in the ROFR Notice, within the period mentioned in the ROFR Exercise Notice or within 30 (Thirty) days of the Investor delivering the ROFR Exercise Notice, whichever is earlier.

• Such notice shall be accompanied by documents evidencing key commercial terms as agreed between the Transferring Shareholder and the proposed transferee.

• The Transferring Shareholder shall ensure that all of the terms of the proposed Transfer offered by the proposed transferee are also offered to the Investor for the same consideration, provided that the Investor may, subject to applicable Law, choose to receive (in its absolute discretion) the cash equivalent of any such consideration which is in a form other than cash.

More Definitions of Transferring Shareholder

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

Transferring Shareholder has the meaning set forth in Section 3.02(a).

Transferring Shareholder shall have the meaning as defined in Section 4(a)(ii)(1).

Transferring Shareholder means a Shareholder proposing to effect a Transfer.

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 set forth in Section 12.1(v)(A).