Sale Shareholder definition

Sale Shareholder means a shareholder who ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Examples of Sale Shareholder in a sentence

  • At such closing, the Involuntary Sale Shareholder shall execute and deliver such instruments as may be reasonably necessary to effectuate such sale.

  • As of 30 June 2017, the unaudited net asset value of the Target Group (excluding assets carved out and to be transferred out of KIC Project Company) was approximately RMB2,689,000,000 (equivalent to approximately HK$3,165,000,000), and the aggregate outstanding amount of the Sale Shareholder Loans, representing 49% of the Shareholder Loans, was approximately RMB1,620,000,000 (equivalent to approximately HK$1,907,000,000).

  • Subject Matter The Vendor has agreed to sell, assign and transfer to the Purchaser and the Purchaser has agreed to purchase, acquire, assume and take from the Vendor (i) the Sale Shares, comprising 49% equity interest in the Target Companies, free from all encumbrances and together with all rights attached thereto; and (ii) the Sale Shareholder Loans, on and subject to the terms and conditions set forth in the Sale and Purchase Agreement.

  • For the purposes of apportionment, the consideration to be paid by the Purchaser to the Vendor for each of the Sale Shareholder Loans shall be the respective face value of the Sale Shareholder Loans, and the consideration to be paid by the Purchaser to the Vendor for the Sale Shares shall be the balance of the Purchase Price after deducting the consideration for the Sale Shareholder Loans.

  • Further details of the Target Group and the Properties are set out below in the paragraph headed “INFORMATION OF THE TARGET COMPANIES AND THE PROPERTIES” in thisannouncement.Neither the Purchaser nor the Vendor shall be obliged to complete the purchase and sale of any of the Sale Shares unless (a) the purchase and sale of all the Sale Shares and (b) the assignment of the benefit of the Sale Shareholder Loans are completed simultaneously in accordance with the Sale and Purchase Agreement.

  • Purchase Price In consideration for the Sale Shares and the benefit of the Sale Shareholder Loans, subject to the terms and conditions contained in the Sale and Purchase Agreement, the Purchaser shall pay to the Vendor an aggregate amount equal to the Initial Purchase Price of approximately RMB2,949,000,000 (equivalent to approximately HK$3,471,000,000) which is to be adjusted in accordance with the Post-Closing Purchase Price Adjustment (the “Purchase Price”).

  • Neither the Purchaser nor the Vendor shall be obliged to complete the purchase and sale of any of the Sale Shares unless (a) the purchase and sale of all the Sale Shares and (b) the assignment of the benefit of the Sale Shareholder Loan are completed simultaneously in accordance with the Sale and Purchase Agreement.

  • The Company (or its designee; provided, however, if the payment obligations under the agreement whereby the Employee purchased such Shares have not been fully satisfied then the Company can not assign its rights to a designee) will pay the purchase price set forth in Section 7.2 to the Involuntary Sale Shareholder upon the payment terms set forth in Section 7.3. 7.2. Purchase Price.

  • Under the resolution adopted by the Sale Shareholder on 12 April 2018, an interim dividend was distributed to the single shareholder of the parent Company for a total amount of €116,220 thousand.

  • Vast China is wholly owned by the Vendor; and (2) The Sale Shareholder Loan advanced by the Vendor to Vast China.

Related to Sale Shareholder

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

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

  • Company Shareholder means any holder of any Company Shares.

  • 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.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Controlling Shareholder means any shareholder owning more than fifty

  • 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.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • 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.

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Soliciting Shareholder means, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

  • Target Shareholders means the holders of Target Shares;

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional 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 Additional Registration Statement.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Sale Shares has the meaning ascribed to it at Recital (A).

  • Ordinary Shareholder means a holder of ordinary shares;

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Major Stockholder means any such Person.

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

  • Class A Shareholder means a holder of Class A Shares;

  • Principal Shareholders means Xxxx X. Xxxx, Xxx X. Xxxxxxx and Xxxxx X. Xxxxxx, and their respective assignees or successors in interest.

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.