Dominant Shareholder definition

Dominant Shareholder means the single owner of ten percent or more of a legal entity engaged in commerce’s stock, securities, or other indicia of ownership; or multiple owners of twenty percent or more of a legal entity engaged in commerce’s stock, securities, or other indicia of ownership.
Dominant Shareholder means: any Person (except this
Dominant Shareholder means: any Person (except this Corporation, any Subsidiary of this Corporation, and any Savings, Pension, TRESOP or other benefit plan of this Corporation or any fiduciary, trustee or custodian thereof acting in such a capacity) who is the Beneficial Owner, directly or indirectly, of more than ten percent (10%) but less than 99 percent (99%) of the shares of the Corporation having the power to vote for the Board of Directors. The relevant time for calculating this percentage shall be each date on which any approval (board, shareholder, governmental or any other) necessary to complete any agreement, contract, transaction or other arrangement providing for or resulting in a Business Combination is obtained.

Examples of Dominant Shareholder in a sentence

  • DeMarzo, Majority Voting and Corporate Control: The Rule of the Dominant Shareholder, 60 REV.

  • House Oversight and Government Reform Committee, Subcommittee on Domestic Pol- icy, Transcript Testimony of Assistant Secretary of the Treasury for Financial Stability Herbert Allison, Jr., The Government As Dominant Shareholder: How Should the Taxpayers’ Ownership Rights Be Exercised?, 111th Cong., (Dec.

  • L.G. Goldberg, and L.J. White, Lexington, MA: Lexington Books, 1979.106) "The Sale of Controlling Interest by a Dominant Shareholder to a Third Party: A Financial Economic Analysis of the Governing Law in the United States and Canada," Case Western Reserve Law Review, Vol.

  • L.G. Goldberg, and L.J. White, Lexington, MA: Lexington Books, 1979.104) "The Sale of Controlling Interest by a Dominant Shareholder to a Third Party: A Financial Economic Analysis of the Governing Law in the United States and Canada," Case Western Reserve Law Review, Vol.

  • For purposes of this paragraph, the voting power of a shareholder shall include any shares voted or consented (or to be voted or consented) by a Dominant Shareholder in the way in which such shareholder votes.

  • To the extent that the limitation set forth in the preceding sentence shall apply, the shares that would have been voted in excess of such voting power shall be voted, or consented with respect to, by such Dominant Shareholder in proportion to the way in which the other shareholders of the corporation vote, or consent with respect to, their respective shares of voting stock.

  • Notwithstanding the foregoing, the voting limitation on a Dominant Shareholder set forth in the paragraph above shall not operate or be applied in a manner that would provide another shareholder (or affiliated group of shareholders) of the corporation with voting power in excess of the voting power of a Dominant Shareholder.

  • L.G. Goldberg, andL.J. White, Lexington, MA: Lexington Books, 1979.106) "The Sale of Controlling Interest by a Dominant Shareholder to a Third Party: A Financial Economic Analysis of the Governing Law in the United States and Canada," Case Western Reserve Law Review, Vol.

  • If in Soviet time ‘Decision Makers’ were respective Communist Party officials now a Dominant Shareholder is understood in such role.

  • Notwithstanding the foregoing, the voting limitation on a Dominant Shareholder set forth in the paragraph above shall not operate or be applied in a manner that would provide another shareholder (or affiliated group of shareholders) of the Corporation with voting power in excess of the voting power of a Dominant Shareholder.


More Definitions of Dominant Shareholder

Dominant Shareholder means any shareholder of the corporation (including such shareholder’s subsidiaries and affiliates) holding voting stock of the corporation representing 46.55% or more of the voting power of the outstanding stock of the corporation.
Dominant Shareholder means: any Person (except this Corporation, any Subsidiary of this Corporation, and any Savings, Pension, TRESOP or other benefit plan of this Corporation or any fiduciary, trustee or custodian thereof acting in such a capacity) who is the Beneficial Owner, directly or indirectly, of more than ten percent (10%) but less than 99 percent (99%) of the shares of the Corporation having the power to vote for the Board of

Related to Dominant Shareholder

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

  • Controlling Shareholder means any shareholder owning more than fifty

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Founder means, in respect of an issuer, a person who,

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Management Stockholder shall have the meaning set forth in the introductory paragraph.