Designated Shareholder definition

Designated Shareholder has the meaning set forth in the preamble to this Agreement.
Designated Shareholder of a Fund shall mean any shareholder of record of such Fund on the Agreement Date (after giving effect to the issuance and redemption of shares, the orders for which were deemed received by the Fund prior to the determination, in accordance with Rule 22c-1, of its final NAV for such date) or such shareholder’s estate or successor by will, intestacy, gift or court order or court-approved settlement.
Designated Shareholder means the individual who is the ultimate beneficial owner of the majority of the share capital of the Corporate Guarantor prior to the IPO as disclosed to the Agent prior to the date of this Agreement, such individual to be acceptable to the Agent in all respects;

Examples of Designated Shareholder in a sentence

  • Each Designated Shareholder waives, and acknowledges and agrees that he shall not have and shall not exercise or assert (or attempt to exercise or assert), any right of contribution, right of indemnity or other right or remedy against the Surviving Corporation in connection with any indemnification obligation or any other liability to which he may become subject under or in connection with this Agreement or the Designated Shareholders' Closing Certificate.

  • The provisions of Section 6.1 shall terminate on the earlier of (a) the date of a Designated Shareholder Breach and (b) the date on which the Standstill Period terminates pursuant to Section 2.1(i).

  • Thereafter, it shall not be necessary for a Baring Shareholder Designee, Onex Shareholder Designee or Designated Shareholder Designee to give special or particularized notice of any Owner Interests in respect of any transaction which may involve the Company.

  • From and after the date hereof and continuing until this provision terminates pursuant to Section 6 hereof and except as permitted by the Merger Agreement, such Designated Shareholder shall immediately cease any existing discussions or negotiations with any third parties conducted prior to the date hereof with respect to any Competing Transaction.

  • Xxxxxx xxxxxxx@xxxx.xxx If to any Designated Shareholder, at its address as it appears in the books and records of the Company.


More Definitions of Designated Shareholder

Designated Shareholder means Mrs. Angeliki Frangou either directly or indirectly (through entities owned and controlled by her or trusts or foundations of which she is the beneficiary).
Designated Shareholder means Xxx Xxxxxxxx Xxxxxxx either directly or indirectly (through entities owned and controlled by her or trusts or foundations of which she is the beneficiary) and/or Navios Maritime Partners L.P. and/or Navios Maritime Holdings Inc. or any of their affiliates being, either individually or together, the ultimate beneficial owner(s) of, or having ultimate control of the voting rights attaching to, at least 20 per cent. of all the issued shares in the Corporate Guarantor and in the plural means all of them;
Designated Shareholder means any party to a lock-up agreement other than any Wellington Management Parties and other than persons or entities that are identified in the Principal and Selling Shareholders table of the prospectus relating to the Offering as beneficially owning 5% or more of the outstanding shares of Common Stock, and any persons or entities identified in a footnote associated with such persons or entities. The undersigned also agrees and consents to the entry of stop transfer instructions with the Company’s transfer agent and registrar against the transfer of Securities held by the undersigned except in compliance with the foregoing restrictions, and any duly appointed transfer agent and registrar for the registration or transfer of the Securities described herein are hereby authorized to decline to make any transfer of such Securities if such transfer would constitute a violation or breach of this agreement. With respect to the Offering only, the undersigned waives any registration rights relating to registration under the Securities Act of any Securities owned either of record or beneficially by the undersigned, including any rights to receive notice of the Offering. This agreement does not apply to the sale, if any, by the undersigned of shares of Common Stock in the Offering as a selling shareholder. This agreement is irrevocable and will be binding on the undersigned and the respective successors, heirs, personal representatives, and assigns of the undersigned. This agreement shall be governed by, and construed in accordance with, the laws of the State of New York. Shares By: (Signature) Printed Name of Person Signing Lock-Up Agreement (and indicate capacity of person signing if signing as custodian, trustee, or on behalf of an entity)
Designated Shareholder means any shareholder of record of the Fund on the Agreement Date (after giving effect to the issuance and redemption of shares, the orders for which were deemed received by the Fund prior to the determination, in accordance with Rule 22c-1, of its final NAV for such date) or such shareholder’s estate or successor by will, intestacy, gift or court order or court-approved settlement.
Designated Shareholder means any officer, director, Founder or holder of two percent (2%) or more of the Company's outstanding Common Stock and Preferred Stock, on an as if converted basis, and who is a party to this Agreement or has otherwise agreed in writing to be bound by and to comply with all applicable provisions of Section 4 of this Agreement.
Designated Shareholder is defined in Section 10.11.1.
Designated Shareholder. The "Designated Shareholder" shall mean Xxxxxxx X. Xxxxx, Xx., Xxxxx X. Xxxxxx, Xxxxxxx X. Xxxxxxxx, Xxx Xxxxxxxxx, Antares Group, Inc., Xxxx Xxxxxxx, Xxxxxxx Xxxxxx, ACX Technologies, Inc and The VisiCom Savings Plan & Trust.