Additional Shareholders definition

Additional Shareholders shall have the meaning attributed to it in the Shareholders Agreement, excluding Lunimar, S.A.

Additional Shareholders means those individual set forth on Exhibit D, each an Additional Shareholder.

Additional Shareholders shall include each Additional Shareholder.

Examples of Additional Shareholders in a sentence

• Additional Shareholders shall become a party to this Agreement upon their execution of this Agreement.

• On completion of the Acquisition of AVM and Acquisition by AVM of IGS Shares on 7 January 2021, the Company, the Founder Shareholders, the Additional Shareholders and AVM entered into a shareholders agreement to regulate their relationship as shareholders in AVM.

• Pursuant to the completion of the Acquisition of AVM, Acquisition by AVM of IGS Shares and the Capital Increase of AVM, the Company owns 60.00% of the equity interest in AVM, while the Founder Shareholders and the Additional Shareholders collectively own 40.00% of the equity interest in AVM.

• In connection with the completion of the Acquisition of AVM and Acquisition by AVM of IGS Shares, a capital increase of AVM was effected on 7 January 2021 via the issuance of new AVM shares to the Company, the Founder Shareholders and the Additional Shareholders, for a total subscription price of RM7.5 million (“Capital Increase of AVM”).

• Detailed information for the shareholders is given in Additional Shareholders information section.

More Definitions of Additional Shareholders

Additional Shareholders shall have the meaning set forth in the recitals hereof.

Additional Shareholders. Resolutions” means, collectively, the Authorized Share Increase Resolution and the Common Share and Warrant Issuance Resolution;

Additional Shareholders has the meaning given to that term in clause 5.1;

Additional Shareholders means such Persons, other than ICGA and Breakaway, as may purchase shares of the Company pursuant to Section 3.3.

Additional Shareholders has the meaning specified in the preamble.

Additional Shareholders to enter into a Subscription Agreement in the form attached hereto as Exhibit F (a "Subscription Agreement") pursuant to which each Additional Shareholder will agree to purchase from Parent, at a per share purchase price equal to the Average Parent Stock Price, the number of shares of Parent Common Stock equal to the quotient determined by dividing (i) the value of the Parent Common Stock to be purchased by such Additional Shareholder (as set forth in Column 5 opposite the name of such Additional Shareholder on Exhibit B attached hereto) by (ii) the Average Parent Stock Price, and rounding the result down to the nearest whole share. In the event that one or more Additional Shareholders fails to enter into a Subscription Agreement prior to the Effective Time or fails to complete the transactions contemplated thereby (each such Additional Shareholder being a "Defaulting Shareholder"), then each Significant Shareholder agrees, severally and not jointly, to purchase from Parent (in addition to the shares purchased under Section 2.01(a)), and Parent shall issue and sell to such Significant Shareholder, at a per share purchase price equal to the Average Parent Stock Price, the number of shares of Parent Common Stock equal to the number determined by multiplying (i) the quotient determined by dividing (A) the aggregate value of the Parent Common Stock to be purchased by all of the Defaulting Shareholders (as set forth in Column 5 opposite the names of the Defaulting Shareholders on Exhibit B attached hereto) by (B) the Average Parent Stock Price, by (ii) the percentage set forth in Column 6 opposite the name of such Significant Shareholder on Exhibit A attached hereto, and rounding the result down to the nearest whole share.

Additional Shareholders means the holders of Shares set out in Part B of Schedule 2;