Former Shareholder definition

Former Shareholder means a Shareholder who, immediately prior to the Effective Time, held Common Shares that were transferred pursuant to Section 2.3(d);
Former Shareholder means a person who is a registered holder of Shares as shown on the share register of Shares immediately prior to the Effective Time;

Examples of Former Shareholder in a sentence

  • DEFINITIONS Adverse Event: Means any untoward medical occurrence associated with the use of a drug/device in humans, whether or not considered drug/device related.

  • In the opinion of the Directors, as the debts has been undertaken up by the Former Shareholder, they believe that there will not have material adverse impact on the Group’s operating results and cash flows.

  • Repayment of an amount due to the Former Shareholder The Former Shareholder lent approximately HK$100.0 million and approximately HK$32.9 million to the Group in December 2017 and January 2018, respectively.

  • Thus, the Company intends to apply approximately HK$39.9 million from the Rights Issue for partial repayment of the amount due to the Former Shareholder.

  • After negotiation between the Company and the Former Shareholder, they mutually agreed to have the Company repay an amount of HK$40.0 million to the Former Shareholder by 31 December 2021 (the ‘‘Repayment Day’’) with the remaining balance of approximately HK$55.0 million being unsecured, interest-free and repayable upon further notice by the Former Shareholder (the ‘‘Notice’’).


More Definitions of Former Shareholder

Former Shareholder means a Shareholder immediately prior to the Effective Time (including, for greater certainty, RSU Holders whose RSUs shall settle at the Effective Time for GSV Shares in accordance with Section 3.01(b) of the Plan of Arrangement).
Former Shareholder means any former holder of any shares of capital stock of the Company, whose shares of capital stock were repurchased by the Company at any time prior to the date of this Agreement.
Former Shareholder has the meaning as set forth in Section 8.16(c). ---------------
Former Shareholder means any person who previously owned voting Shares, but who, at the time of his death, no longer owns Shares.
Former Shareholder means a Company Securityholder who, immediately prior to the Effective Time, held Common Shares, Company Options or Company Warrants that were transferred pursuant to Section 2.3(f), Section 2.3 (a) or Section 2.3(c), respectively;
Former Shareholder means a Person who is a registered holder of Strad Shares as shown on the share register of Strad Shares immediately prior to the Effective Time, that is not an Ongoing Shareholder or a Dissenting Shareholder.
Former Shareholder means a Company Securityholder who, immediately prior to the Effective Time, held Common Shares, Company Options or Company Warrants that were transferred pursuant to Section 2.3(f), Section 2.3(a) or Section 2.3(c), respectively;