Electing Shareholder definition

Electing Shareholder is a Shareholder (other than a Founder) that gives written notice, at least 10 days prior to the date proposed for a Qualified Sale, to the Selling Shareholders that provided the Qualified Sale Notice of such Shareholder’s election to receive the Cash Equivalent of any non-cash consideration proposed to be paid pursuant to the terms of such Qualified Sale.

Electing Shareholder has the meaning set forth in Section 2.4(b).

Electing Shareholder means a Shareholder of Registrable Securities and such Shareholder’s Permitted Transferees who has provided the Company with the required notice and any other information reasonably requested in writing by the Company.

Examples of Electing Shareholder in a sentence

• If an Electing Shareholder who has completed and filed an election under subsection 85(1) of the Tax Act subsequently wishes to amend the election, the Issuer covenants and agrees to complete an amended election form for that purpose based on the terms above.

• The Electing Shareholder shall not sell any shares of Merlin Common Stock pursuant to this paragraph, unless the proposed purchaser also acquires all shares of Merlin Common Stock which the Purchasers have elected to sell pursuant to an Election Notice on terms and conditions at least as favorable as those set out in the Notice.

• The rights and obligations of the Parties that, by their nature, would continue beyond the expiration or termination of this Agreement, e.g., "Liability and Risk of Loss" and "Intellectual Property Rights" shall survive such expiration or termination of this Agreement.

• If requested by an Electing Shareholder, Brookfield will jointly execute and file elections in prescribed form within the prescribed time under section 85 of the Income Tax Act (Canada) and the corresponding provisions of applicable provincial income tax statutes in respect of the transfer hereunder of the Escrowed Shares with the elected amount specified by such Electing Shareholder.

• Telephone number………..….………………… E-mail address….....……….………………………………………(if the signing party acts on behalf of the Electing Shareholder, please fill in the following table including data relating to the signing party)Name and surname …………………………………..…………… In the quality of …………………………………..

More Definitions of Electing Shareholder

Electing Shareholder means a Shareholder (other than an Excluded Shareholder) that elects to transfer Cinram Shares to the Holding Partnership in exchange for Exchangeable LP Units pursuant to, and in accordance with, the terms of this Arrangement;

Electing Shareholder has the meaning ascribed thereto in Section 2.6(a);

Electing Shareholder has the meaning given to it in Section 2.1(a) of this Agreement

Electing Shareholder means a Registered Shareholder who has properly elected the form or forms of consideration such Shareholder wishes to receive;

Electing Shareholder means a registered Existing Shareholder who has validly exercised its Cash Consideration Election as described in Section 2.5;

Electing Shareholder has the meaning given to it in Section 13.1(b).

Electing Shareholder is defined in Section 6.3.2.