Designated Shareholder definition

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 has the meaning set forth in the preamble to this Agreement.

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

• To the extent that a Designated Shareholder receives portfolio securities rather than cash in any distribution of liquidation proceeds, for the purposes of determining the Designated Shareholder Amount, such securities shall be valued as of their date of distribution based on market quotations; if market quotations are not readily available, their fair value as determined by the Board; or, in the absence of such a determination, by the Treasury in its sole and absolute discretion.

• According to Bandura [6] and Rosenthal [60], the perception of self-efficacy is driven from four main sources; performance accomplishments, vicarious experience, verbal persuasion, and emotional and physiological states; each having a varying influence on self-efficacy belief.

• 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.

• Nothing in this Guarantee Agreement, including but not limited to Sections 6(a) and 6(b), shall limit the Treasury’s rights of subrogation or other rights otherwise available to the Treasury in respect of Designated Shareholder Payments, including, without limitation, any rights of the Treasury to recover from Designated Shareholders payments received in connection with or relating to the Designated Shareholder’s Designated Shares, from a Fund or other parties.

• Upon receipt of the Guarantee Payment as specified in Section 2(a), the Paying Agent shall promptly disburse to each Designated Shareholder of the Affected Fund such Designated Shareholder’s Designated Shareholder Payment.

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 Holdings Inc. or any of its affiliates being, either individually or together, the ultimate beneficial owner(s) of, or having ultimate control of the voting rights attaching to, at least 15 per cent. of all the issued shares in the Corporate Guarantor and in the plural means all of them;

Designated Shareholder is defined in Section 10.11.

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.

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 means 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.

Designated Shareholder means a Person who (i) together with such Person’s Affiliates and Associates, is the Beneficial Owner of 5% or more of the shares of Common Stock then outstanding and (ii) has reported such beneficial ownership on Schedule 13D under the Exchange Act (or any comparable or successor report).”