Affiliated Shareholder definition

Affiliated Shareholder means a person, other than the issuing public corporation or a wholly owned subsidiary of the issuing public corporation, that is the beneficial owner of 20 percent or more of the outstanding voting shares of the issuing public corporation or that, within the preceding three‑year period, was the beneficial owner of 20 percent or more of the then outstanding voting shares of the issuing public corporation. For the purpose of determining whether a person is an affiliated shareholder, the number of voting shares of the issuing public corporation considered outstanding includes shares considered beneficially owned by that person under Subdivision (3) of this Article, but does not include other unissued voting shares of the issuing public corporation that may be issuable pursuant to an agreement, arrangement, or understanding, or on exercise of conversion rights, warrants, or options, or otherwise.
Affiliated Shareholder means a person, other than the corporation or a wholly-owned subsidiary of the corporation, that is the beneficial owner of twenty percent or more of the SECOND AMENDED AND RESTATED ARTICLES OF INCORPORATION OF KEVCO, INC.-PAGE 44 242 issued and outstanding voting shares of the corporation, or that, within the preceding three year period, was the beneficial owner of twenty percent or more of the then issued and outstanding voting shares of the corporation. For purposes of determining whether a person is an affiliated shareholder, the number of voting shares of the corporation considered outstanding includes shares considered beneficially owned by a Beneficial Owner, but does not include other unissued voting shares of the corporation that may be issuable pursuant to an agreement, arrangement or understanding, or upon exercise or conversion of rights, warrants, or options, or otherwise.
Affiliated Shareholder means any holder or holders of Registrable Securities, both on the date of effectiveness of the Plan and at the time of the effectiveness of the registration statement, holding at least ten-percent (10%) of the Registrable Securities (by number of Common Shares at the time issued and outstanding).

Examples of Affiliated Shareholder in a sentence

  • To the extent that the proposed in-kind redemption would be considered to involve the ‘‘purchase’’ of the Fund’s portfolio securities by the Affiliated Shareholder, applicant states that the proposed in-kind redemption would be prohibited by section 17(a)(2) of the Act.

  • The Retirement Corporation, acting in its fiduciary capacity with respect to the Affiliated Shareholder, has concluded that the assets of the Affiliated Shareholder invested in the Fund should be managed directly by the Adviser.

  • The Affiliated Shareholder is not registered under the Act in reliance upon section 2(b) of the Act.

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  • Applicant further states that the portfolio securities to bedistributed to the Affiliated Shareholder will be valued according to an objective, verifiable standard and that the in-kind redemption is consistent with theinvestment policies of the Fund.Applicant also states that the proposed in-kind redemption is consistent with the general purposes of the Act.


More Definitions of Affiliated Shareholder

Affiliated Shareholder means a Trust or other Entity that the Plan Committee and a Participant agree, or failing such agreement as may be determined by the Board that may be issued Shares that may otherwise be offered by the Plan Committee to that Participant under the Plan. Applicable Law means any one or more or all, as the context requires of:
Affiliated Shareholder means a person, other than the Corporation or a wholly-owned subsidiary of the Corporation, that is the beneficial owner of twenty percent (20%) or more of the issued and outstanding voting shares of the Corporation, or that, within the preceding three (3) year period, was the beneficial owner of twenty percent or more of the then issued and outstanding voting shares of the Corporation. For purposes of determining whether a person is an affiliated shareholder, the number of voting shares of the Corporation considered outstanding includes shares considered beneficially owned by that person under subdivision 4 of this Article XIII(F), but does not include other unissued voting shares of the Corporation that may be issuable pursuant to an agreement, arrangement or understanding, or upon exercise or conversion of rights, warrants, or options, or otherwise.
Affiliated Shareholder means a person, other than the corporation or a wholly-owned subsidiary of the corporation, that is the beneficial owner of twenty percent or more of the issued and outstanding voting shares of the corporation, or that, within the preceding three
Affiliated Shareholder means with respect to any Fremont Associate, any other Fremont Associate, and with respect to any RCBA Associate, any other RCBA Associate.
Affiliated Shareholder referred to herein shall mean a shareholder who:
Affiliated Shareholder means the Class A and Class B Shareholders identified on Exhibit A hereto.
Affiliated Shareholder has the meaning given in clause 7.1(q); Agreed Form the form hereafter agreed between and signed by or on behalf of Royalton and Xxxxxx; Appraisal means, with respect to each Hotel Property, the independent valuation (appraisal) prepared and delivered, by a reputable valuer (appraiser) of hotel properties of similar type, location and value of the Hotel Properties (or any of them, as applicable), to, the Company at its request;