Disinterested Shareholder definition

Disinterested Shareholder means a shareholder that is not an Insider to whom options may be granted under the Plan and they are not an Associate of any Insider.

Disinterested Shareholder means a Shareholder of the Company who is not or was not a party to a proceeding in respect of which indemnification is sought by the Indemnitee.

Disinterested Shareholder means a

Examples of Disinterested Shareholder in a sentence

• The terms "Disinterested Shareholder" and "Insider" shall have the meanings as defined for those terms in the Applicable Laws.

• If required by the Exchange, Disinterested Shareholder Approval shall be required for any reduction in the Option Price of a previously granted Option if the Optionee is an Insider of the Company at the time of the proposed reduction in the Option Price.

• If the Shares are listed on the TSXV, the Company must obtain Disinterested Shareholder Approval for any amendment to Options held by Insiders that would have the effect of decreasing the exercise price of the Options.

• The Company shall adopt and file with the Secretary of State of the State of Georgia, immediately following the Company Shareholder Approval and the Disinterested Shareholder Approval and prior to the Closing, the Amended and Restated Articles of Incorporation, substantially in the form attached hereto as Exhibit A.

• Upon receipt of Disinterested Shareholder Approval, the Debenture shall be convertible (the “Conversion”) into units of Falco (the “Units”).

More Definitions of Disinterested Shareholder

Disinterested Shareholder means a holder of Common Shares that is not an insider (as defined in the Securities Act (British Columbia)) nor an associate (as defined in the Securities Act (British Columbia)) of an insider;

Disinterested Shareholder means a holder of common shares that is not an Eligible Person nor an associate (as defined in the Securities Act (Ontario)) of an Eligible Person;

Disinterested Shareholder means a shareholder of the Corporation who is not an Interested Shareholder (or an Affiliate or an Associate of an Interested Shareholder) who is involved, directly or indirectly, in the proposed Business Combination in question, except that as used in Section 6 of this Article Eighth, the term "Disinterested Shareholder" shall mean a shareholder of the Company who is not an Interested Shareholder.

Disinterested Shareholder means the owner of voting securities other than those beneficially owned by an Interested Shareholder.

Disinterested Shareholder means a shareholder that is not an Insider to whom options may be granted under the Plan and any Associates of such Insider.

Disinterested Shareholder means a shareholder that is not an Insider eligible to receive options under the Plan, and who is not an Associate of an Insider. An "Insider" is a director or an officer of the Company, a director or an officer of a company that is itself an Insider or a subsidiary of an Insider, or a person that has beneficial ownership of and/or control or direction, either directly or indirectly, over, securities of the Company carrying more than 10% of the voting rights attached to all the Company’s outstanding voting securities.

Disinterested Shareholder means a holder of Shares that is not an Insider nor an associate (as defined in the Securities Act (British Columbia)) of an Insider.