Examples of Relevant Shareholders in a sentence
In furtherance (but not in limitation) of the provisions of this Article 14, the Chairman for the time being (or some other person appointed by the Company for this purpose) shall be deemed to have been appointed attorney of each of the Relevant Shareholders with full power to execute, complete and deliver, in the name and on behalf of each Relevant Shareholder any closing documents and deliverables as the Board may reasonably require so as to implement a Conversion.
This Agreement shall terminate on the earlier of: (i) such time as one or more of the Relevant Shareholders reduce their holdings in the Company's issued and outstanding share capital, in the aggregate, to less than 47% of the issued and outstanding share capital; or (ii) June 30, 2014.
The "Relevant Shareholders" shall mean as defined in Amendment no.
Upon the occurrence of a Transfer Event or the making of a notification or resolution under Article 8.1 that the same is a Transfer Event the Shareholders in respect of whom it is a Transfer Event (which shall include their Family Trusts and personal representatives) (the Relevant Shareholders) shall be deemed to have immediately given a Transfer Notice in respect of, subject to Article 8.3, the Deemed Transfer Shares (a Deemed Transfer Notice).
Failure by SMSC to comply with its notification and information obligations provided in this Section 8.4 shall not relieve the Relevant Shareholders' indemnification obligations under this Agreement if and to the extent that SMSC is able to show that its failure has not materially prejudiced SMSC's or, as the case may be, SMSC Germany's or the relevant defendant's ability to defend such Third Party Claim.