Demanding shareholder definition

Demanding shareholder means a shareholder who has made a demand for payment pursuant to subsection 4.[PL 2001, c. 640, Pt. A, §2 (NEW); PL 2001, c. 640, Pt. B, §7 (AFF).]

Demanding shareholder has the meaning set forth in Section 3.1.

Demanding shareholder means a shareholder who has made a demand for payment pursuant to subsection 4.[2001, c. 640, Pt. A, §2 (NEW); 2001, c. 640, Pt. B, §7 (AFF).]

Examples of Demanding shareholder in a sentence

• If the Demanding Shareholder intends to distribute the Registrable Securities in a Required Registration by means of an underwriting, it shall so advise ITC Investments as a part of its Demand Request.

• In such event, the underwriters of such Required Registration shall be one or more underwriting firms of nationally recognized standing selected by the Demanding Shareholder, and reasonably acceptable to ITC Investments.

• If the Demanding Shareholder’s withdrawal is based on the circumstances described in clause (A) or (B) of the preceding sentence, the Trust shall pay or reimburse all expenses otherwise payable or reimbursable by such Demanding Shareholder in connection with such Demand Registration pursuant to Section 7(c) and such registration shall not count as a Demand Registration for purposes of Section 7(a)(i)(3) or Section 7(a)(i)(5).

• In the case of a Demand Registration, if a Demanding Shareholder disapproves of the terms of any underwriting or is not entitled to include all of its Registrable Securities in any offering, Demanding Shareholder may elect to withdraw from such offering no later than the time at which the public offering price and underwriters’ discount are determined with the Underwriter(s) by giving written notice to REIT and the Underwriter(s) of its request to withdraw.

• In the case of a Demand Registration, if a Demanding Shareholder disapproves of the terms of any underwriting or is not entitled to include all of its Registrable Securities in any offering, such Demanding Shareholder may elect to withdraw from such offering no later than the time at which the public offering price and underwriters’ discount are determined with the Underwriter(s) by giving written notice to the Trust and the Underwriter(s) of its request to withdraw.

More Definitions of Demanding shareholder

Demanding shareholder has the meaning given to that term in clause 29.1(a).

Demanding shareholder has the meaning set forth in Section 1(b).

Demanding shareholder has the meaning ascribed thereto in Section 7.1 hereof;

Demanding shareholder is defined in Section 2.2.1 hereof.

Demanding shareholder means (a) RXXXXXX or TAPIRDO, as applicable, if RXXXXXX initiates the request to the Company for the registration with the Commission of their shares of Registrable Common Stock pursuant to Section 2.1(a) of the Agreement, (b) MAGAMI or SGM, as applicable, if MAGAMI initiates the request to the Company for the registration with the Commission of their shares of Registrable Common Stock pursuant to Section 2.1(a) of this Agreement or (c) ARC, if it initiates the request to the Company for the registration with the Commission of its shares of Registrable Common Stock pursuant to Section 2.1(a) of this Agreement.

Demanding shareholder means a share- holder who has made a demand for payment pur- suant to subsection 4.

Demanding shareholder means those certain shareholders of the Company who have the right and who request a Demand Registration pursuant to the Shareholders' Agreement.