Promoter Selling Shareholder definition

Promoter Selling Shareholder shall have the meaning given to such term in the Preamble;
Sample 1Sample 2Sample 3
Promoter Selling Shareholder has the meaning ascribed to it in Preamble to this Agreement;
Sample 1Sample 2
Promoter Selling Shareholder shall have the meaning given to such term in Recital (A);
Sample 1

Examples of Promoter Selling Shareholder in a sentence

  • SIGNED FOR AND ON BEHALF OF EMKAY GLOBAL FINANCIAL SERVICES LIMITED Name: Xxxxxx Nagar Designation: AVP – Investment Banking SCHEDULE I Part A – Details of the Promoter Selling Shareholder S.

  • The Individual Promoter Selling Shareholder have authorized the Company to take all actions in respect of the Offer for, and on, its behalf in accordance with Section 28 of the Companies Act, 2013.

  • It is further clarified that from the date of this Agreement till listing of the Equity Shares pursuant to the Offer, the term ‘proceeds receivable’ shall mean an amount equal to the size of Corporate Promoter Selling Shareholder I’s component of the Offer, as estimated for payment of filing fees to SEBI in connection with the filing of the DRHP with SEBI and post listing of the Equity Shares, the aggregate proceeds received by the Corporate Promoter Selling Shareholder I from the Offer.

  • Provided however that Corporate Promoter Selling Shareholder II, will not be liable under this Section 23.3 (i) to the extent that any Losses has resulted, as has been finally judicially determined by a court of competent jurisdiction, by way of a binding and final judgment, after exhausting appellate, revisional or writ remedies under Applicable Law, from the relevant Indemnified Party’s gross negligence, wilful misconduct or fraud in performing the services described in this Agreement.

  • It is further clarified that from the date of this Agreement till listing of the Equity Shares pursuant to the Offer, the term ‘proceeds receivable’ shall mean an amount equal to the size of Corporate Promoter Selling Shareholder II’s component of the Offer, as estimated for payment of filing fees to SEBI in connection with the filing of the DRHP with SEBI and post listing of the Equity Shares, the aggregate proceeds received by the Corporate Promoter Selling Shareholder II from the Offer.

  • Provided however that Corporate Promoter Selling Shareholder I, will not be liable under this Section 23.2 (i) to the extent that any Losses has resulted, as has been finally judicially determined by a court of competent jurisdiction, by way of a binding and final judgment, after exhausting appellate, revisional or writ remedies under Applicable Law, from the relevant Indemnified Party’s gross negligence, wilful misconduct or fraud in performing the services described in this Agreement.


More Definitions of Promoter Selling Shareholder

Promoter Selling Shareholder shall have the same meaning ascribed to such term in the Preamble of this Amendment Agreement.
Sample 1
Promoter Selling Shareholder shall have the meaning given to such term in the Preamble. “Promoter Selling Shareholder Offered Shares” means the Equity Shares offered for sale by the Promoter Selling Shareholders in the Offer aggregating up to ₹ 4,250 million, subject to such changes thereto as may be permitted under Applicable Law.
Sample 1
Promoter Selling Shareholder has the meaning attributed to such term in the recitals of this Agreement.
Sample 1

Related to Promoter Selling Shareholder

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have the Initial Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Initial Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Initial Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Initial Registration Statement.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of any class or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its "affiliate" or "associate" (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its "affiliate" or "associate" as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Company Shareholder means any holder of any Company Shares.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.

  • Founder means, in respect of an issuer, a person who,

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • Anchor Investor means a Qualified Institutional Buyer, applying under the Anchor Investor Portion in accordance with the requirements specified in the SEBI ICDR Regulations and the Red Xxxxxxx Prospectus and who has Bid for an amount of at least ₹100 million.

  • Target Shareholders means the holders of Target Shares;