Converting Shareholder definition

Converting Shareholder means a Convertible Preference Shareholder all or some of whose Convertible Preference Shares are being or have been converted;
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Converting Shareholder has the meaning set forth in Section 3.2(a).
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Converting Shareholder. ’ shall mean a Convertible Preference Shareholder all or some of whose Convertible Preference Shares are being or have been converted into Ordinary Shares;
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Examples of Converting Shareholder in a sentence

  • The Converting Shareholder shall also pay any governmental or other tax imposed in respect of the conversion of the Conversion Shares.

  • To the knowledge of HL, as of the date hereof, following the Effective Time, no HL Shareholder shall be entitled to receive any amount from the Trust Fund except to the extent such HL Shareholder is a Converting Shareholder.

  • Unless otherwise agreed between the Company and a Converting Shareholder, if more than one Convertible Preference Share shall fall to be converted pursuant to any one Conversion Notice, the number of Ordinary Shares to be issued upon conversion shall be calculated on the basis of the aggregate Notional Values of the Relevant Convertible Preference Shares.

  • There is some evidence that those with lower discount factors (as measured from an incentivized choice experiment) tend to spend more out of their $5,000 windfall, although there are no significant differences for smaller gains.

  • If fewer than all the Class B Shares represented by any certificate are converted, the Converting Shareholder shall be entitled to receive a new certificate representing the Class B Shares represented by the original certificate that are not converted.

  • Unless otherwise agreed between the Company and a Converting Shareholder, if more than one Convertible Preference Share shall fall to be converted pursuant to any one Conversion Notice, the number of Ordinary Shares to be issued upon conversion shall be calculated on the basis of the aggregate Reference Amounts of the Relevant Convertible Preference Shares.

  • At any time within 15 days after receipt by the Company of the Company Offer Notice (the “Company Option Period”), the Company may elect to purchase any or all of the Conversion Shares and shall give written notice of such election (the “Company Acceptance Notice”) to the Converting Shareholder and HIG within the Company Option Period, which notice shall indicate the maximum number of shares of Common Stock that the Company desires to purchase.

  • The Board may elect to accept only a portion of the total Class A Shares requested to be converted if such partial conversion is acceptable to the Converting Shareholder and if the Board reasonably determines that the conversion of a greater amount may cause adverse tax consequences to the Company, any of its subsidiaries or any U.S. Person as to which the Shares held by such Shareholder constitute Controlled Shares.

  • We also irrevocably instruct you to retain any funds in the Converting Shareholder Liquidation Allocation not disbursed to converting Class B Common Stockholders listed in Section 2 of the “Schedule of Class B Common Shareholders” until [ 91st day from the date of the Special Meeting].

  • Unless otherwise agreed between the Company and a Converting Shareholder, if more than one Convertible Preference Share shall fall to be converted pursuant to any one Conversion Notice, the number of Ordinary Shares to be issued upon conversion shall be calculated on the basis of the aggregate Issue Prices of the Relevant Convertible Preference Shares.


More Definitions of Converting Shareholder

Converting Shareholder means a CP Shareholder all or some of whose Convertible Preference Shares are being or have been converted;
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Converting Shareholder means a Convertible Preference
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Converting Shareholder means a holder of Preferred Shares all or some of whose Preferred
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Converting Shareholder means a holder of the Convertible Preference Share all
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Converting Shareholder means a holder of the Convertible Preference Share all or some of whose Convertible Preference Shares are being or have been converted into Ordinary Shares.
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Converting Shareholder shall have the meaning set forth in the first introductory paragraph of this Agreement.
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Related to Converting Shareholder

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

  • Company Shareholders means holders of Company Shares.

  • 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.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.