Shareholder Trust definition

Shareholder Trust means a trust in respect of which any of the income beneficiaries comprise persons who are of a class or classes identified by reference to any of:
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Shareholder Trust means the trust established under the laws of the Cayman Islands in respect of the issued shares of the Issuer which trust is established pursuant to the Declaration of Trust dated February 2, 2011.
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Shareholder Trust means a trust in respect of which any of the income beneficiaries comprise persons who are of a class or classes identified by reference to any of: the person's connection to the Network; the person's receipt of electricity from the Distributor; the person's liability for payment for supply of electricity from the Distributor; the person's liability for payment for the connection to the Network; the person's liability for payment for Distribution Services supplied by the Distributor; or 21 18 November 2020 Electricity Industry Participation Code 2010 Schedule 12A.1, Appendix B (f) the person's domicile or location or operation within the geographic area or areas of operation of the Distributor;
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Examples of Shareholder Trust in a sentence

  • The omission of the foregoing exculpatory clause in such instrument shall not render any Shareholder, Trust Manager, Executive Officer, employee or agent liable thereunder to any third party, nor shall the Trust Manager or any officers, employees or agents of the Trust be liable to anyone for such omission.

  • Notwithstanding the provisions of Section 1 or Section 7 hereof, a Shareholder may transfer Shares to a trust created by the Shareholder (“Shareholder Trust”), provided that such a Shareholder Trust enters into an agreement with the Company acknowledging the existence of this Agreement and agreeing that any disposition of the Shares by the Shareholder Trust (including any transfers to beneficiaries) will be made in compliance with the terms and conditions of this Agreement.

  • The Voting Trustee shall hold the same subject to the terms of this Agreement and shall thereupon issue and deliver to the Shareholder Trust Certificates, for the number of Trust Shares so deposited.

  • Xxxxxxxx may transfer shares to a Shareholder Trust in which the trustees are Xxxxx X.

  • The Company, the Shareholder Trust, and Xxxxxxx have the respective right, power, authority, and capacity to execute and deliver this Agreement and the Company Closing Documents to which it is a party and to perform each of their obligations under this Agreement and the Company Closing Documents to which it is a party.

  • Following the Closing, during the Option Fee Term, the Company will pay to the Shareholder Trust, in cash, within thirty (30) days following the end of each Option Fee Year, an aggregate amount equal to the Option Fee accrued for Solo Products sold during such Option Fee Year.

  • At the Closing, the Company will deposit in the Israeli Shareholder Trust for the benefit of each Israeli Shareholder 50% of the amount of Pre-Closing Dividends payable to such Israeli Shareholder in respect of vested but unexercised options as set forth on Exhibit B opposite such Israeli Shareholder’s name.

  • All of the trustee(s) of a Shareholder Trust must be either (i) a Shareholder, (2) Xxxxx Xxxxxx, (3) Xxxxx Xxxxx, or (4) a person or persons appointed by a Shareholder or the then current trustees of a Shareholder Trust.

  • Shareholders shall determine the percentage of cash and CHS Shares to be paid and delivered to the Shareholder Trust and shall advise Buyer of such allocation in the Trust Notice.

  • As promptly as practicable after the date of this Agreement, the Company, the Shareholder Trust, and Xxxxxxx will make all filings required by Legal Requirements to be made by it in order to consummate the Contemplated Transactions.


More Definitions of Shareholder Trust

Shareholder Trust means a Delaware statutory trust which is expected to be treated as a grantor trust or an entity that is disregarded for U.S. federal income tax purposes to be established prior to the Effective Date for the purpose of receiving, holding, and, upon receipt of the Delivery Documents, distributing Newco Equity to each party entitled to receive it under the Plan, pending its distribution of the Newco Equity, the Shareholder Trust shall have the right to vote such shares to the extent set forth in the New Corporate Governance Documents.
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Shareholder Trust means a Delaware statutory trust which is expected to be treated as a grantor trust or an entity that is disregarded for U.S. federal income tax purposes to
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Shareholder Trust as defined in the first paragraph of this Agreement. -----------------
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Shareholder Trust. Instrument" - as defined in Section 3.2(a). ----------------------------
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Related to Shareholder Trust

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Preferred Shareholder means any holder of Preferred Shares.

  • Subordinated Shareholder Funding means, collectively, any funds provided to the Issuer by any Parent, any Affiliate of any Parent or any Permitted Holder or any Affiliate thereof, in exchange for or pursuant to any security, instrument or agreement other than Capital Stock, in each case issued to and held by any of the foregoing Persons, together with any such security, instrument or agreement and any other security or instrument other than Capital Stock issued in payment of any obligation under any Subordinated Shareholder Funding; provided, however, that such Subordinated Shareholder Funding:

  • Preferred Shareholders means the holders of Preferred Shares.

  • 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).

  • 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.

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

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust 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).

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

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • 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.

  • Company Shareholder means any holder of any Company Shares.

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

  • Common Shareholders means the holders of the Common Shares.

  • Principal Stockholder means, collectively, (i) the Sponsor and (ii) any affiliate or successor of a person referenced in clauses (i) and (ii) of this definition.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Company Securityholders means the Company Stockholders, Company Optionholders and Company Warrantholders, collectively.

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

  • 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).

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

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

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Shareholder Agreement has the meaning set forth in the Recitals.