Admission of Shareholders Sample Clauses

Admission of Shareholders. (a) Upon the issuance by the Partnership of Class B Shares to the Sponsors on the IPO Closing Date, each Sponsor shall, by acceptance of the Class B Shares, and upon becoming the Record Holder of such Class B Shares, be admitted to the Partnership as an Initial Shareholder in respect of the Class B Shares issued to it.
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Admission of Shareholders. In connection with the original sale of Shares, purchasers shall be admitted as Shareholders not later than the last day of the calendar month following the date their subscription was accepted by the Trust. Subsequent subscriptions shall be accepted or rejected by the Trust within 30 days of the receipt by the Trust of completed and executed subscription documents in good order. If the Trust rejects a subscription, the Trust will return to the subscriber the subscription documents and the related subscription monies without interest or deduction, within ten business days after such rejection.
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Admission of Shareholders. No Shareholder may transfer any Company Shares to any person unless such person has first executed and delivered to the other Shareholder a deed of adherence in the form set out in Schedule 1.
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Admission of Shareholders. Any Person acquiring Shares from a Shareholder in a transaction permitted under this Agreement and executing and delivering an Accession Agreement shall be admitted as a member of the Company as a Shareholder in respect of the Shares so acquired upon the entry of such Person’s name in the Share Register, and shall be bound by this Agreement. Upon admission of a Transferee as a Shareholder, the Transferee shall have, to the extent of the Shares Transferred, the rights and powers and shall be subject to the restrictions and liabilities of a Shareholder under this Agreement, the Certificate of Formation and the Delaware Act. If a Shareholder Transfers all of its Shares, the Transferor of such Shares shall cease to be a Shareholder and member of the Company immediately following the admission to the Company of the Transferee of such Shares as a Shareholder.
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Admission of Shareholders. Except for the person(s) identified on Schedule 6.11(a), the Owner agrees that it will not, without the express written consent of the Company, permit any Person to become a shareholder of the Owner unless such Person (i) executes a Joinder Agreement in the form attached hereto as SCHEDULE 6.11(B) or (ii) receives a written waiver from the Company.
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Admission of Shareholders. The parties hereby agree that from and after the Effective Date, and for all purposes under the MIHI Agreement, WinTec shall become and be admitted as the owner of the Contribution Shares, all references to shareholders in the MIHI Agreement shall be deemed to refer to WinTec as the owner of the Contribution Shares, and WinTec shall be entitled to the full benefits and be bound thereby as a member to the same extent as if an original party thereto. The parties hereby agree that from and after the Effective Date, and for all purposes under the WinTec Agreement, MIHI shall become and be admitted as the owner of the Exchange Shares, all references to shareholders in the WinTec Agreement shall be deemed to refer to MIHI as the owner of the Exchange Shares, and MIHI shall be entitled to the full benefits and be bound thereby as a member to the same extent as if an original party thereto.
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Admission of Shareholders. The Subscriber understands and agrees that, notwithstanding anything to the contrary contained in the Trust Agreement, any side letter or any other agreement, the Sponsor, on behalf of the Fund, may (i) not accept any subscription for Shares from a prospective Shareholder if the prospective Shareholder cannot make the representations set forth in this Section 3.10; (ii) require the redemption of an existing Shareholder pursuant to the Trust Agreement if it cannot make the representations set forth in this Section 3.10 or fails to comply with information requests as set forth in Section 3.10(d) and/or the Trust Agreement; or (iii) take any action set forth in this Section 3.10 or any other reasonably necessary or advisable action with respect to the Shares and the Subscriber shall have no claim, and shall not pursue any claim, against the Management Parties in connection therewith.
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Admission of Shareholders. (a) U.S. Exchange Holdings, Inc., a Delaware corporation, be the sole initial Shareholder. Additional Shareholders shall be Persons admitted as such by resolution of the Board.
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Admission of Shareholders 
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Related to Admission of Shareholders

  • Approval of Shareholders The Trust will call a special meeting of the Acquired Fund Shareholders to consider and act upon this Agreement and to take all other appropriate action necessary to obtain approval of the transactions contemplated herein.

  • Indemnification of Shareholders If any Shareholder or former Shareholder of any Series is held personally liable solely by reason of his or her being or having been a Shareholder and not because of his or her acts or omissions or for some other reason, the Shareholder or former Shareholder (or his or her heirs, executors, administrators or other legal representatives or, in the case of any entity, its general successor) shall be entitled out of the assets belonging to the applicable Series to be held harmless from and indemnified against all loss and expense arising from such liability. The Trust, on behalf of the affected Series, shall, upon request by such Shareholder or former Shareholder, assume the defense of any claim made against him or her for any act or obligation of the Series and satisfy any judgment thereon from the assets belonging to the Series.

  • Rights of Shareholders The Shares shall be personal property giving only the rights in this Declaration specifically set forth. The ownership of the Trust Property of every description and the right to conduct any business herein before described are vested exclusively in the Trustees, and the Shareholders shall have no interest therein other than the beneficial interest conferred by their Shares, and they shall have no right to call for any partition or division of any property, profits, rights or interests of the Trust nor can they be called upon to share or assume any losses of the Trust or, subject to the right of the Trustees to charge certain expenses directly to Shareholders, as provided in the last sentence of Section 3.8, suffer an assessment of any kind by virtue of their ownership of Shares. The Shares shall not entitle the holder to preference, preemptive, appraisal, conversion or exchange rights (except as specified in this Section 6.3, in Section 11.4 or as specified by the Trustees when creating the Shares, as in preferred shares).

  • By Shareholders Subject to the terms and conditions of this Article 9, if the Closing occurs, each Shareholder jointly and severally hereby agrees to indemnify, defend and hold harmless Buyer, its directors, officers, employees and controlled persons (hereinafter "Buyer's Affiliates") and the Company from and against all Claims asserted against, resulting to, imposed upon, or incurred by Buyer, Buyer's Affiliates or the Company, directly or indirectly, by reason of, arising out of or resulting from (a) the inaccuracy or breach of any representation or warranty of any Shareholder contained in this Agreement or any certificate or schedule delivered by the Shareholders to the Buyer in connection with this Agreement or (b) the breach of any covenant of any Shareholder or the Company contained in this Agreement. As used in this Article 9, the term "Claim" shall include: (i) all debts, liabilities and obligations; (ii) all losses, damages (including, without limitation, consequential damages), judgments, awards, settlements, costs and expenses (including, without limitation, interest (including prejudgment interest in any litigated matter), penalties, court costs and attorneys fees and expenses); and (iii) all demands, claims, suits, actions, costs of investigation, causes of action, proceedings and assessments, in each case actually incurred by the claimant. Notwithstanding the foregoing paragraph, the obligations of the Shareholders to indemnify, defend and hold harmless Buyer, Buyer's Affiliates and the Company if the Closing occurs shall be several and not joint obligations with respect to Claims arising out of or related to any inaccuracy or breach of such Shareholder's representations and warranties set forth in Section 3.2 hereof or with respect to any breach of such Shareholder's agreements set forth in Section 5.2 hereof and any amounts recoverable by Buyer in connection with either such breach shall be solely recoverable from such Shareholder.

  • The Shareholders Each Shareholder represents and warrants to the Company and the other Shareholders, as of the date of this Agreement, as follows:

  • Covenants of Shareholders Each Shareholder hereby covenants and agrees that:

  • No Rights of Shareholders This Warrant does not entitle Holder to any voting rights or any other rights as a shareholder of the Company prior to the exercise of Holder’s right to purchase Shares as provided herein.

  • List of Shareholders At the reasonable request of the Purchaser from time to time, the Company shall, as soon as reasonably practicable, provide the Purchaser with a list of the registered Shareholders, together with their addresses and respective holdings of Shares, a list of the names and addresses and holdings of all Persons having rights issued by the Company to acquire Shares (including holders of Company Options, DSUs, and RSUs) and a list of non-objecting beneficial owners of Shares, together with their addresses and respective holdings of Shares, all as of a date that is as close as reasonably practicable prior to the date of delivery of such lists. The Company shall from time to time require that its registrar and transfer agent furnish the Purchaser with such additional information, including updated or additional lists of Shareholders and lists of holdings and other assistance as the Purchaser may reasonably request.

  • Rights of Shareholder Except as otherwise provided in this Agreement or the Plan, Participant shall have, with respect to the shares of Restricted Stock awarded hereunder, all of the rights of a shareholder of the Company, including the right to vote the shares and the right to receive any dividends as declared by the Company’s Board of Directors.

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