Examples of Direct Shareholder in a sentence
Mentors perception of the support they provided was higher than te support perceived by the protégé.
MODULEHC: High-Level ControlsCHAPTERHC-7: Communication between Board and Shareholders HC-7.3.1HC-7.3 Direct Shareholder CommunicationThe chairman of the Board (and other directors as appropriate) must maintain continuing personal contact with controllers to solicit their views and understand their concerns.
MODULEHC: High-Level ControlsCHAPTERHC-7: Communication between Board and Shareholders HC-7.3 Direct Shareholder Communication HC-7.3.1The chairman of the board (and other directors as appropriate) must maintain continuing personal contact with controllers to solicit their views and understand their concerns.
MODULEHC: High-Level ControlsCHAPTERHC-7: Communication between Board and Shareholders HC-7.5 Direct Shareholder Communication HC-7.5.1The chairman of the board (and other directors as appropriate) must maintain continuing personal contact with major shareholders to solicit their views and understand their concerns.
If the Direct Shareholder of the Subscriber as at the Signing Date ceases to hold more than 50.0 per cent.
The Company shall have the right to terminate or withdraw any offering or sale of New Securities by the Company prior to the closing of such offering or sale, whether or not the Direct Shareholder has elected to exercise its right pursuant to this ARTICLE 3 to purchase any New Securities in such offering or sale.
In the event the Company proposes to offer or sell any New Securities, the Company shall deliver a written notice (the “Offer Notice”) to the Direct Shareholder stating (a) its bona fide intention to offer such New Securities, (b) the number of such New Securities to be offered, (c) the price and terms upon which it proposes to offer such New Securities and (d) the date on which the offering is scheduled to close.
The Company may sell any New Securities not subscribed for by the Direct Shareholder in accordance with Sections 3.2 and 3.3 to any Person or Persons at a price not less, and upon other terms not more favorable to the offeree, than those specified in the Offer Notice.
In the event that New Securities are sold at different prices in the offering, the Direct Shareholder shall pay, per share, the weighted average of the prices in the offering.
By written notification received by the Company within 30 days after delivery of the Offer Notice, the Direct Shareholder may elect to purchase, at the price and on the terms specified in the Offer Notice, up to that portion of such New Securities which equals the Percentage Ownership of the Direct Shareholder on the date of the Offer Notice (assuming the conversion and exercise of all rights, options, warrants and similar securities to subscribe for, purchase or otherwise acquire Common Stock).