Common use of Acquisitions of Shares Clause in Contracts

Acquisitions of Shares. Each of the Parties other than the Company and the Management LPs (each a Shareholder Party) shall notify each of the other Shareholder Parties if such Shareholder Party acquires or disposes of beneficial ownership (within the meaning of Section 13(d) and Rule 13d-3 under the Exchange Act) in any Shares if at the time of such acquisition or disposal the Shares are registered under the Exchange Act and Shareholder Parties as a group (within the meaning of Section 13(d)(3) and Rule 13d-5 under the Exchange Act) in aggregate hold more than 5% of the then issued and outstanding Shares.

Appears in 4 contracts

Samples: Shareholders’ Agreement (Global Aviation Leasing Co., Ltd.), Agreement to Tender (Avolon Holdings LTD), Shareholders’ Agreement (Avolon Holdings LTD)

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