Examples of Majority Shareholders in a sentence
The termination of the Majority Shareholder's employment with the Corporation shall not give rise to any rights under this Agreement.
Upon receipt of the Offer to Purchase, together with notification from the Majority Shareholders of their intention to accept the Offer to Purchase, all the Offerees will be deemed to have accepted the Offer to Purchase in accordance with its terms and conditions.
The Company has obtained Written Shareholder’s Approval from the Majority Shareholders who are a closely allied group of Shareholders holding in aggregate more than 50% in terms of voting rights of the issued share capital of the Company as at the date of this announcement.
The Company and the Shareholders shall procure that all directors of the Group Companies appointed by the Shareholders shall vote in accordance with the decision of the Majority Shareholders, the Shareholders or the Board in respect of any Majority Shareholder Matter, Reserved Matter or Subsidiary Conflict Matter respectively.
The Majority Shareholders shall give notice of their intention to exercise the drag-along rights granted hereunder(a “Sale Notice”) to all Minority Shareholders not less than thirty (30) days prior to the anticipated closing date of such Sale.