Majority Shareholder definition

Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

Majority Shareholder means (i) the Company’s majority shareholder as of the First Restatement Effective Date or (ii) a Benckiser Permitted Holder as defined in the Company’s Certificate of Incorporation effective on the First Restatement Effective Date or any other similarly situated Person as determined by the Committee.

Majority Shareholder means Xxxx X. Xxxxxxx.

Examples of Majority Shareholder in a sentence

• If the Minority Shareholders elect to exercise their options each Minority Shareholder shall be entitled to purchase his proportionate share of the shares of stock owned by the Deceased Majority Shareholder at the time of his death.

• In any case, the Majority Shareholder and the Corporation shall purchase all, but not less than all, of the Deceased, Disabled or Terminated Minority Shareholder's shares of stock.

• If the Majority Shareholder declines to exercise his option to purchase the stock, in whole or in part, the Corporation shall thereafter have the option to purchase any remaining shares of stock owned by the Deceased, Disabled or Terminated Minority Shareholder.

• If the Minority Shareholders decline to exercise their option to purchase the shares of stock, in whole or in part, the Corporation shall thereafter have the option to purchase the remaining shares of the corporation's stock owned by the Deceased Majority Shareholder at the time of his death.

• Upon the death of the Majority Shareholder the Minority Shareholders shall have the option to purchase all or any portion of the shares of stock owned by the Deceased Majority Shareholder at the time of his death on the terms and conditions hereinafter set forth.

More Definitions of Majority Shareholder

Majority Shareholder has the meaning given to that term in the Preamble;

Majority Shareholder means a shareholder who has more than 50 per cent shareholding of a corporate body;

Majority Shareholder. , in relation to a company, means a person who would have a substantial shareholding in the company as defined in section 9 of the Corporations Act 2001 of the Commonwealth if the reference to 5% in paragraph (a) of the definition of "substantial holding" in that section were replaced by a reference at 50%.

Majority Shareholder means either Tirtamas or Tuban Petro, whichever owns the largest equity stake in the Company.

Majority Shareholder means (i) the Company’s majority shareholder as of the Effective Date or (ii) a Benckiser Permitted Holder as defined in the Company’s Certificate of Incorporation effective on the date on which the Amended and Restated Certificate of Incorporation of the Company that was adopted by the Company in connection with the first underwritten public offering of the Company’s common stock was filed with the Secretary of State of the State of Delaware or any other similarly situated Person as determined by the Committee.

Majority Shareholder means Koninklijke Philips Electronics N.V.

Majority Shareholder means, collectively, Blackstone Capital Partners (Cayman) V L.P.; Blackstone Capital Partners (Cayman) V-A L.P.; BCP (Cayman) V-S L.P.; Blackstone Family Investment Partnership (Cayman) V L.P.; Blackstone Family Investment Partnership (Cayman) V-SMD L.P.; Blackstone Participation Partnership (Cayman) V L.P.; BCP V Co-Investors (Cayman) L.P., TCV VI (Cayman), L.P., TCV Member Fund (Cayman), L.P., OEP TP, Ltd and the other shareholders of TDS as of the date hereof, and any Person which Controls any of the foregoing Persons.