Examples of Bound Shares in a sentence
In the event that Neeleman intends to transfer a portion of the Bound Shares, he shall notify TRIP’s Shareholders.
In the event that TRIP’s Shareholders intend to transfer a portion of the Bound Shares, they shall notify Neeleman.
Subject to the provisions of Clause 4.3.3, the quorum for decision to define the representative and orientation of the vote to be given in the Prior Meeting by the Block A Stockholders, as specified in this Clause, shall be a majority of the Bound Shares held by the Stockholder members of Block A.
All and any transactions involving direct or indirect Transfer of Bound Shares in the Company must obey the provisions of this Clause 5 and the applicable law.
Each one of the Stockholders and Consenting Parties warrants that it is the legitimate owner of the number of Bound Shares, or (as the case may be) of Shares, identified in APPENDIX I, and that these shares are (as the case may be, and except as specified in this Agreement) free of and unencumbered by any legal or extrajudicial burden, lien, charge, pending matter or proceedings, or debts or restrictions of any type, on their free transfer (“Encumbrances”).
On a quarterly basis, Subadviser will either: (i) certify to Adviser that Subadviser and its Access Persons have complied with Subadviser Code with respect to the Fund, or (ii) identify any material violations of the Subadviser Code which have occurred with respect to the Fund.
In the event that an Authorized Assignor Transfers any portion of its Bound Shares pursuant to Section 7.2 above, such Authorized Assignor and the Authorized Assignee shall be treated, for all purposes of this Agreement, as if they are a single shareholder, being represented, for that purpose, by the Authorized Assignor.
In case of absence of the Chairman of the Board of Directors or of the Person it appoints, the Parties present at the relevant Previous Meeting shall appoint the Chairman of the Previous Meetings by a majority vote of the Bound Shares.
For the approval of any matter, the affirmative vote of stockholders representing at least 50.01% (fifty point zero one per cent) of the Bound Shares shall be required (subject to the provision of Clause 4.2(j)).
As of the date of this Agreement, the Key Shareholders are the owners of all of the issued and outstanding Bound Shares as listed in Exhibit I.