Examples of Equity Shareholders in a sentence
The Manager shall provide direction, as set out in Annexure 11, to the Escrow Agent to transfer 90% of the amount lying in the Escrow Account or such lesser amount as is equivalent to the entire consideration payable under the Buyback to the eligible Equity Shareholders to the Special Escrow Account.
On the approval of the Scheme by the Equity Shareholders of RRIL and RRECL, it shall be deemed that the said shareholders have also accorded all relevant consents under provisions of the Companies Act, 2013 or any other provisions of the Act to the extent the same may be considered applicable.
If the Closing shareholders’ equity determined pursuant to Section 1.4(b) below is more than $250,000 less than the Minimum Shareholders’ Equity, Shareholders will pay Buyer the amount of such difference in accordance with Section 1.4(b) (the “Shareholders’ Equity True-Up Amount”).