Deceased Shareholder definition

Deceased Shareholder means any Person who dies while a record owner of any Shares.
Deceased Shareholder in Section 5 shall mean “Disabled Shareholder” as applied to this Section 6;
Deceased Shareholder has the meaning assigned to it in Section 11(a).

Examples of Deceased Shareholder in a sentence

  • Deceased Shareholder Transfers by Account Type ^Additional Documentation Required with a MSGIndividual Account – Estate is not going to be Probated.- Copy of Death Certificate.

  • If the CDA Credit is less than the amount of the above described deemed dividend, the purchase and sale of Common Shares shall be completed in such number of stages and the Corporation shall do such acts and things, including, without limiting the generality of the foregoing, making such elections, as may be necessary or desirable so that the deemed dividends arising to the estate of the Deceased Shareholder are treated as Capital Dividends to the extent of the CDA Credit.

  • A breach of any of the above conditions or violations of any provisions of this article by a dealer, or the giving of false information by a licensee on an application for purchase or transfer shall result in forfeiture of license, but the licensee is entitled to reasonable notice and proper hearing in the circuit court of the county in which he is licensed.

  • The required process and documentation is the same as for reappointments of Assistant Professors.

  • Upon receipt of the Call Option by the Surviving Spouse, the Corporation shall be obligated to purchase from the Surviving Spouse and the Surviving Spouse shall be obligated to sell to the Corporation, all the Common Shares owned by the Deceased Shareholder as at the date of the Deceased Shareholder’s death, upon the terms and conditions hereinafter set forth.

  • The thematic areas include Experimental Economics, Applied Microeconomics, Governance, Macroeconomics, and Economic Theory.

  • Deceased Shareholder Residenceis in California or Illinois, and Estate will not be Probated, and Total Estate Value is $100,000 or Less (IL) or $150,000 or Less (CA).- Copy of the Death Certificate.

  • Upon receipt of the Call Option by the Vendor, the Purchasing Shareholder shall be obligated to purchase from the Vendor and the Vendor shall be obligated to sell to the Purchasing Shareholder, all of the Common Shares owned by the Deceased Shareholder as at the date of such Deceased Shareholder’s death, upon the terms and conditions hereinafter set forth.

  • Notwithstanding anything else contained in this Agreement, this Article shall apply only if Article 6 is not operative because the surviving Spouse of the Deceased Shareholder does not acquire absolutely all of the Common Shares owned by the Deceased Shareholder as at the date of death of the Deceased Shareholder within time period specified in Section 6.1.

  • If the Put Option is not exercised within the time period provided for in Section 6.1, the Purchasing Shareholder shall have the option (but not the obligation) (such option being hereinafter referred to in this Article as the “Call Option”) to require the Vendor to sell all the Common Shares owned by the Deceased Shareholder as at the date of such Deceased Shareholder’s death to the Purchasing Shareholder.


More Definitions of Deceased Shareholder

Deceased Shareholder shall have the meaning ascribed to it in Section 15.1 hereof.
Deceased Shareholder has the meaning ascribed to such term in Section 7.5 hereof.
Deceased Shareholder has the meaning assigned in subsection 8.1;

Related to Deceased Shareholder

  • 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).

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.

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

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

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

  • 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;

  • 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.

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

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

  • Management Stockholder shall have the meaning set forth in the introductory paragraph.

  • Major Stockholder means any such Person.

  • Founder means, in respect of an issuer, a person who,

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

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Interested Shareholder means any person (other than the Corporation or any Subsidiary) who or which: