Accepting Shareholders definition

Accepting Shareholders has the meaning set out in Section 6.4(a);

Accepting Shareholders has the meaning set out in Section 6.4;

Accepting Shareholders shall have the meaning set forth in Section 2.2.

Examples of Accepting Shareholders in a sentence

• If the Buyout Offer is accepted by any Shareholder (an “Accepting Shareholder”) within 10 business days after sending the Buyout Offer Notice, the completion of the Transfer shall be conditional on completion of the purchase of all shares held by Accepting Shareholders on the Completion Date.

• The share purchase agreement for the Sale Shares shall be executed between the Obliged Shareholder and the Accepting Shareholders (the “ROFR SPA”) within [1 (one) month] following the receipt of the last timely submitted ROFR Notice by the Obliged Shareholder, however, the transfer of ownership of the Sale Shares to the Accepting Shareholders shall take place upon crediting bank account of the Obliged Shareholder with the full amount of the Sale Price.

• If the Seller together with all Accepting Shareholders represent at least 65% of the votes of the issued shares (the “Drag-Along Shareholders”) then the Drag-Along Shareholders may give notice ("Drag-Along Notice") on the 11th business day after sending of the Buyout Notice requiring all other Shareholders (the “Called Shareholders”) to sell and transfer all their shares (the "Called Shares") to the Buyer (or as the Buyer directs) in accordance with the provisions of Clause 12.16.

• In the event that any of the Accepting Shareholders executes the ROFR SPA but fails to pay the Sale Price in full or proportionally to the Sale Shares ascribed to this Accepting Shareholder, as applicable, within the prescribed period, the Obliged Shareholder will be entitled to rescind from the ROFR SPA within [2 (two) months] from the date of its execution.

• If there is more than one Accepting Shareholder, each Accepting Shareholder shall purchase the number of the Sale Shares that is proportionate to its shareholding in the Company assuming that the Shares held by the Accepting Shareholders constitute all Shares in the Company.

More Definitions of Accepting Shareholders

Accepting Shareholders means Mr. But Tin Hing, Mr. Leung Cheong and Mr.

Accepting Shareholders means the Shareholders who accept the Share Offer;

Accepting Shareholders is defined in Section 6.5.

Accepting Shareholders means any one or more Shareholders who hold, in combination, not less than 66 2/3% of the voting rights attached to all of the Shares, “Compelled Shareholders” means any Shareholders not among the Accepting Shareholders, and “Compelled Shares” means all the Shares held by the Compelled Shareholders.

Accepting Shareholders means CWJ Shareholders who accept the Offer in respect of any or all of their

Accepting Shareholders means Key Shareholders who accept the Offer in respect of any or all of their Key Shares;

Accepting Shareholders has the meaning given to it in Clause 8.3(c);