Continuing Shareholder definition

Continuing Shareholder means a shareholder who does not sell shares in this agreement, but who joins in ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .

Continuing Shareholder has the meaning given in clause 16.4;

Continuing Shareholder has the meaning given in clause 17.1; "Court" means the Supreme Court of Bermuda;

Examples of Continuing Shareholder in a sentence

• If the Continuing Shareholder delivers the Offer Price Notice, the Transferor shall not Transfer the Sale Securities to any other person (“ Offeree”) except at a cash price higher than the cash price specified in the Offer Price Notice at any time within 180 days of the Offer Price Notice.

• If the Continuing Shareholder fails to deliver the Offer Price Notice within 10 days of issuance of an Offer Price Notice or complete the purchase within 21 days of issuance of an Acceptance Notice (as defined below), the Transferor shall be entitled to transfer the Sale Securities to any person at any price and on whatever terms it thinks fit.

• If the Continuing Shareholder agrees to purchase all of the Sale Securities and such offer is accepted by the Transferor, then the Continuing Shareholder shall pay for such Sale Securities, within 21 days of the date of the Acceptance Notice.

• Within 10 days of the Sale Notice, the Continuing Shareholder may deliver an offer in writing to the Transferor (“Offer Price Notice”) to purchase all the Sale Securities at the price specified in the Offer Price Notice.

• If the Transferor does not consummate a sale of the Sale Securities to an Offeree, the Transferor may at its option, elect by notice in writing to the Continuing Shareholder to accept the offer price in the Offer Price Notice (“Acceptance Notice”) within 10 days of the Offer Price Notice and complete the transfer to the Continuing Shareholder at any time within 21 days of the Acceptance Notice.

More Definitions of Continuing Shareholder

Continuing Shareholder shall have the meaning ascribed to it in Clause 15.5.1 of this Agreement;

Continuing Shareholder means the Shareholder or Shareholders if more than one who are not insolvent, an undischarged bankrupt, deceased or permanently incapacitated, and their permitted heirs and executors.

Continuing Shareholder has the meaning given in 1214.5.

Continuing Shareholder or “Continuing Shareholders” has the meaning given in section 16.8;

Continuing Shareholder or “Continuing Shareholders”, as the case may be) of the fact that a Change in Control will occur or has occurred. The Change in Control Notice will (subject to any Project Security) will constitute a grant by the CC Shareholder to the Continuing Shareholder or Continuing Shareholders, as the case may be of an option (“CC Option”) to acquire all of the Interest of the CC Shareholder (“Share Interest”) and the CC Option:

Continuing Shareholder has the meaning given in clause 11.

Continuing Shareholder means Maxtor Corp., a Delaware corporation.