Approved Shareholder definition

Approved Shareholder means an Entitled Shareholder who is resident in a Non-Qualified Jurisdiction but that, prior to October 4, 2017 (or such later date as the Company may determine in its sole and absolute discretion), demonstrates to each of the Agent and Company, in its sole and absolute discretion, that such Entitled Shareholder may hold and exercise a Right: (i) in compliance with the laws of such Non-Qualified Jurisdiction; (ii) without obligating the Company or any of the CVR Holders to file or issue a prospectus, registration statement or any other similar document qualifying or registering the issue, sale or distribution of the Rights, Receipts or the CVRs; and (iii) without imposing any significant costs on the Company in order to comply with applicable laws of such Non-Qualified Jurisdiction and, in doing so, the Company or the Agent may require that the Entitled Shareholder (at its sole cost) furnish such evidence (including certificates and opinions of counsel), as shall be satisfactory to each of the Company and the Agent in its sole and absolute discretion, to demonstrate that such Entitled Shareholder qualifies as an Approved Shareholder;
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Approved Shareholder means an Additional Shareholder who is granted first refusal rights pursuant to Section 6 of this Agreement.
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Approved Shareholder means the ASOP, a Transferee Entity and an Approved Participant;
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Examples of Approved Shareholder in a sentence

  • Each Shareholder, Permitted Transferee and Approved Shareholder shall have preemptive rights to purchase such number of Shares as shall be required to maintain their proportionate equity interest in the Company upon the future issuance of shares of Common Stock of any class, whether with or without voting privileges, under the same terms and conditions and for the same consideration as such shares are offered or sold to any other Person.

  • The Borrower shall not issue shares to anyone unless to an existing Shareholder provided there is no change in the percentage ownership interests and/or shareholding in the Borrower that constitutes a Change of Control or to a New Shareholder which is an Approved Shareholder in accordance with clause 29.16 (Replacement and/or additional shareholder) and in each case provided that any such issued shares are, from the first Utilisation Date, subject to the Shares Security.

  • Upon failure by the Obligor to pay punctually amounts due under the Guaranteed Obligations, Guarantor shall forthwith on written demand pay the amount not so paid or perform the obligation not performed, in either case at the place and in the manner specified in the Approved Shareholder Debt Financing.

  • The Guarantor hereby absolutely, irrevocably and unconditionally guarantees to the Beneficiary the full and complete payment when due of the Guaranteed Amount payable by the Obligor pursuant to the Approved Shareholder Debt Financing (the "Guaranteed Obligations").

  • Provided that Participant at all times owns Stock with a Market Value in excess of the amount equal to the annual compensation payable for Participant's services as a Non-Employee Director, the Participant may sell shares of Stock to an Approved Shareholder, subject to the written consent of the Company.

  • Participant shall purchase shares of Stock from (i) the Company, (ii) with the prior written consent of the Company, an Approved Shareholder, or (iii) on a Public Trading Market at the time Participant is elected to be a Non-Employee Director of the Company with a then Market Value equal to the annual compensation payable for Participant's services as a Non-Employee Director (the "Minimum Shareholdings").


More Definitions of Approved Shareholder

Approved Shareholder means the Singapore Shareholder, the Indonesian Shareholder or another company or group of companies which has provided, or in respect of which the Borrower has provided, to the Facility Agent all documentation and other evidence required by the Lenders in order for each Lender to carry out and be satisfied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Finance Documents. Approved Transferee means any commercial bank which has a credit rating for its long term indebtedness of not less than BBB+ with Standard & Poor’s Rating Agency (or the equivalent rating with another internationally recognised credit rating agency). Auditors means one of PricewaterhouseCoopers, Ernst & Young, KPMG or Deloitte & Touche or another approved reputable international firm of accountants. Authority means any national, supranational, regional or local government or governmental, administrative, fiscal, judicial, or government-owned body, department, commission, authority, tribunal, agency or entity, or central bank (or any person, whether or not government-owned and howsoever constituted or called, that exercises the functions of a central bank) in a Relevant Jurisdiction. Available Cash Flow means, in respect of any period and without double counting:
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Approved Shareholder means PSU or another company or group of companies approved by the Lenders (acting reasonably).
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Approved Shareholder means the Singapore Shareholder, the Indonesian Shareholder or another company or group of companies which has provided, or in respect of which the Borrower has provided, to the Facility Agent all documentation and other evidence required by the Lenders in order for each Lender to carry out and be satisfied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Finance Documents. Approved Transferee means any commercial bank which has a credit rating for its long term indebtedness of not less than BBB+ with Standard & Poor’s Rating Agency (or the equivalent rating with another internationally recognised credit rating agency).
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Approved Shareholder means any Shareholder who, at the time of determination, is an entity of a U.S. state whose indemnification obligations are limited or prohibited by the laws of such state.
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Approved Shareholder means the Singapore Shareholder, the Indonesian Shareholder or another company or group of companies which has provided, or in respect of which the Borrower has provided, to the Facility Agent all documentation and other evidence required by the Lenders in order for each Lender to carry out and be satisfied with the results of all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the transactions contemplated in the Finance Documents.
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Related to Approved Shareholder

  • 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).

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Company Shareholder means any holder of any Company Shares.

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

  • 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.

  • 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.

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

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • 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.

  • 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.

  • Major Stockholder means any such Person.

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Stockholder has the meaning set forth in the preamble.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Ordinary Shareholder means a holder of ordinary shares;

  • 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;

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Eligible Stockholder means a person who has either (1) been a record holder of the shares of common stock of the Corporation used to satisfy the eligibility requirements in Section 3.2(d) continuously for the required three-year period or (2) provides to the Secretary of the Corporation, within the time period referred to in Section 3.2(e), evidence of continuous Ownership of such shares for such three-year period from one or more securities intermediaries.

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

  • Interested Shareholder means any person (other than the Corporation or any Subsidiary) who or which:

  • Management Shareholders means Xxxxxx X. Xxxx, Xxxx X. Xxxxxxx, and Xxxxxx X. Xxxxxxxxx.