Examples of Demanding Shareholders in a sentence
Upon receipt of a Demand Request, the Company shall use its reasonable best efforts to promptly effect the registration under the Securities Act of the Registrable Shares included in the Demand Request to permit the Demanding Shareholders to sell or otherwise dispose of its Registrable Shares included in the registration in accordance with the method or methods of distribution intended by the Demanding Shareholders.
Globex will purchase for cancellation the Globex Common Shares of all Repurchase Demanding Shareholders who have exercised their repurchase right in strict compliance with the Procedures to Demand Repurchase of Shares.
The Company and the Demanding Shareholders shall cooperate in a timely manner in connection with any such Public Distribution and the procedures in Schedule A of this Agreement shall apply.
The Demanding Shareholders will be responsible for Selling Expenses, unless both the Company and the Demanding Shareholders are selling Shares in an offering or Public Distribution, in which case the Selling Expenses will be shared by the Company and the applicable Demanding Shareholders on a proportionate basis, according to the number of Shares being Publicly Distributed by each.
The registration so demanded by Shareholder and any Other Shareholders is referred to herein as a “ Demand Registration ” and the Persons making such requests as “ Demanding Shareholders.