Acceding Shareholder definition

Acceding Shareholder means the person who becomes a Party to this Agreement as a Shareholder by executing and delivering an Accession Letter.
Acceding Shareholder means each new shareholder of the Company that accedes to this Agreement in accordance with Clause 28.5 (Accession of Acceding Shareholders).
Acceding Shareholder. Dated: [] [], [] Number of Shares [full corporate name] Total number of Shares acquired from [Transferring Shareholder] [] Total number of Shares directly or indirectly held [] Directly held by the Acceding Shareholder [] Indirectly held by the Acceding Shareholder through (including its Affiliates): [] [] [] [] Total Shares held indirectly [] The Acceding Shareholder makes the following representations and warranties to each other Party on the date hereof:

Examples of Acceding Shareholder in a sentence

  • From the Scheme Completion Time, any person receiving any New Securities shall be required to become a Party to this Agreement as an Acceding Shareholder (prior to receiving any Shares), and be subject to the terms and conditions of, and be entitled to enforce, this Agreement as a “Shareholder”.

  • On the date on which an Accession Letter is delivered pursuant to this Agreement, that Acceding Shareholder shall become a Party as a Shareholder and shall be bound by and comply with all the terms of this Agreement.

  • On and as of the date on which an Acceding Shareholder's accession becomes effective, such Acceding Shareholder (or an authorized representative of such Acceding Shareholder, as applicable), by reference to the facts and circumstances then existing on that date, shall execute and deliver to the other Parties the corresponding Accession Letter which shall include representations and warranties given by the Acceding Shareholder.

  • The Acceding Shareholder is or will become a shareholder of the Company and wishes to enter into this deed pursuant to Clause Error! Reference source not found.

  • A Sponsor or any Acceding Shareholder may at its option and in its sole discretion, satisfy the Additional Cost Overrun Commitment, DSU Commitment, Shareholder Tax Reimbursement Commitment and/or Equity Commitment of any other Sponsor or Acceding Shareholder.

  • The obligations of each Sponsor, the Mosaic Shareholder, each Acceding Shareholder and each Subordinated Loan Creditor contained in this Agreement shall constitute and be continuing obligations notwithstanding any settlement of account or other matter or thing whatsoever, and shall not be considered satisfied by any intermediate payment or satisfaction of all or any of the obligations of the Company under any of the Finance Documents.

  • If the Company fails to deliver the notice referred to in Clause 9.1 (Reimbursement of Shareholder Tax Amounts) on any Sponsor or any Acceding Shareholder, the Offshore Security Trustee and Agent may (but shall not be obliged to) serve such notice on that Sponsor or Acceding Shareholder on behalf of the Company in which case the provisions of Clause 9.2 (Deposit undertaking) shall apply as if notice had been served by the Company.

  • Unless specified to the contrary herein, each Sponsor and Acceding Shareholder shall be liable only for its Proportion of any payment due under this Agreement and is not responsible for the obligations of the other Sponsor or any other Acceding Shareholder under this Agreement.

  • The obligations expressed to be assumed by it in each Finance Document and each Key Project Document to which it is party are (subject to any Legal Reservations (in respect of each Sponsor and the Mosaic Shareholder) and subject to laws relating to insolvency, reorganisation and other laws generally affecting the rights of creditors (in respect of each Acceding Shareholder)) legal, valid, binding and enforceable obligations.

  • Each Sponsor, the Mosaic Shareholder, each Acceding Shareholder and each Subordinated Loan Creditor waives any right it may have in any jurisdiction to pay any amount under this Agreement in a currency or currency unit other than that in which it is expressed to be payable.

Related to Acceding Shareholder

  • Controlling Shareholder means any shareholder owning more than fifty

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • 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).

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

  • Company Shareholder means a holder of Company Shares.

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • 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.

  • Target Shareholders means the holders of Target Shares;

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 6,000,000 warrants (or 6,600,000 warrants if the over-allotment option is exercised in full) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,000,000 (or $6,600,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “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 Exchange Act, 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).

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

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

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Major Shareholders Means a person who has an interest or interests in one or more

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

  • Soliciting Shareholder means, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

  • Company Shareholders means holders of Company Shares.

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Ordinary Shareholder means a holder of ordinary shares;

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • 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 all outstanding classes 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.