Shareholder Liability definition

Shareholder Liability. Vicarious Tort Liability for Corporate Officers, 57 VAND. L. REV. 329, 359 (2004). under, or affecting any of its Business Property, except for any release or threatened release that is not likely to have, individually or in the aggregate, a material adverse effect on the financial condition, results of operations, or business of Target Holding or Target Bank.
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Examples of Shareholder Liability in a sentence

  • It is further recommended that Defendant Atlantic Richfield Company’s Motion for Summary Judgment Based on No Shareholder Liability be dismissed as moot and that Defendant Atlantic Richfield Company’s Motion to Deem Admitted Its Local Rule 56.B.1 Statement of Undisputed Facts in Support of Summary Judgment Based on No Shareholder Liability be dismissed as moot.

  • Shareholder Liability As the Shares under the Prospectus are fully paid Shares, they are not subject to any calls for money by the Directors and will therefore not become liable for forfeiture.

  • Lee Handel CH and Blumental David, “Parent Company and Shareholder Liability: Piercing the Viel of Chinese Corporate Subsidiaries Business Law International Vol.

  • Henry Hansmann & Reinier Kraakman, Toward Unlimited Shareholder Liability for Corporate Torts, 100 YALE L.J. 1879 (1991).

  • Janet Cooper Alexander, Unlimited Shareholder Liability Through a Procedural Lens, 106 HARV.

  • Kraakman, “Toward Unlimited Shareholder Liability for Corporate Torts” (1991) 100 Yale L.J. 1879.

  • See Hansmann, Henry & Reinier Kraakman, Toward Unlimited Shareholder Liability for Corporate Torts, 100 YALE L.J. 1879, 1903-04 (1991).

  • Cites Professor Nina Mandelson “A Control-Based Approach to Shareholder Liability for Corporate Torts” [2002] 102 Colum.

  • Kraakman, Toward Unlimited Shareholder Liability for Corporate Torts, “Yale Law Journal” 1990, vol.

  • LEGAL ANALYSIS 35, 64–74 (2014) (proposing expanded officer and director liability rules for systemically important financial institutions); Peter Conti-Brown, Elective Shareholder Liability, 64 STAN.

Related to Shareholder Liability

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • Company Indemnitee has the meaning set forth in Section 7.2(b).

  • Other Liabilities means any and all liabilities of any type whatsoever (including, but not limited to, judgments, fines, penalties, ERISA (or other benefit plan related) excise taxes or penalties, and amounts paid in settlement and all interest, taxes, assessments and other charges paid or payable in connection with or in respect of any such judgments, fines, ERISA (or other benefit plan related) excise taxes or penalties, or amounts paid in settlement).

  • Indemnification Claim has the meaning set forth in Section 12.3.

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Indemnification Claim Notice has the meaning set forth in Section 11.3.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Shareholder Debt means any shareholder loan made to the Issuer as debtor, if such loan:

  • Company Indemnitees shall have the meaning set forth in Section 5.02.

  • Company Indemnified Persons has the meaning set forth in Section 5(a).

  • Jointly Indemnifiable Claims shall be broadly construed and shall include, without limitation, any claim, demand, action, suit or proceeding for which the Covered Person shall be entitled to indemnification or advancement of Expenses from both (i) the Company and/or any Controlled Entity pursuant to the Indemnification Sources, on the one hand, and (ii) any Indemnitee-Related Entity pursuant to any other agreement between any Indemnitee-Related Entity and the Covered Person pursuant to which the Covered Person is indemnified, the laws of the jurisdiction of incorporation or organization of any Indemnitee-Related Entity and/or the certificate of incorporation, certificate of organization, bylaws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or other organizational or governing documents of any Indemnitee-Related Entity, on the other hand.

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

  • Indemnifier means any Party obligated to provide indemnification under this Agreement;

  • Company Indemnified Party has meaning set forth in Section 8(b) hereof.

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Indemnifiable Liabilities and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Shareholder Loan means any shareholder loan to the Borrower that:

  • Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.

  • Buyer Indemnitee has the meaning set forth in Section 8.1(b).

  • Jointly Indemnifiable Claim means any Claim for which the Indemnitee may be entitled to indemnification from both an Indemnitee-Related Entity and the Company pursuant to applicable law, any indemnification agreement or the certificate of incorporation, by-laws, partnership agreement, operating agreement, certificate of formation, certificate of limited partnership or comparable organizational documents of the Company and an Indemnitee-Related Entity.

  • Suretyship Liability means any agreement, undertaking or arrangement by which any Person guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to or otherwise to invest in a debtor, or otherwise to assure a creditor against loss) any indebtedness, obligation or other liability of any other Person (other than by endorsements of instruments in the course of collection), or guarantees the payment of dividends or other distributions upon the shares of any other Person. The amount of any Person's obligation in respect of any Suretyship Liability shall (subject to any limitation set forth therein) be deemed to be the principal amount of the debt, obligation or other liability supported thereby.

  • Seller Indemnitee has the meaning set forth in Section 9.2(b).

  • Investor Party has the meaning set forth in Section 4.7.

  • Independent Shareholders means holders of Voting Shares, other than:

  • Indemnified Claims shall include any and all claims, demands, suits, causes of action, judgments and liability of every character, type or description, including all reasonable costs and expenses of litigation, mediation or other alternate dispute resolution mechanism, including attorney and other professional fees for: (1) damage to or loss of the property of any person (including, but not limited to the City, the Contractor, their respective agents, officers, employees and subcontractors; the officers, agents, and employees of such subcontractors; and third parties); and/or (2) death, bodily injury, illness, disease, worker's compensation, loss of services, or loss of income or wages to any person (including but not limited to the agents, officers and employees of the City, the Contractor, the Contractor’s subcontractors, and third parties), ii. "Fault" shall include the sale of defective or non- conforming deliverables, negligence, willful misconduct or a breach of any legally imposed strict liability standard.