Eligible Equity Shareholders definition

Eligible Equity Shareholders means the holder(s) of the Equity Shares of the Company as on the Record Date;
Eligible Equity Shareholders means the Equity Shareholders as on the Record Date or to persons in favour of whom such Eligible Equity Shareholders renounce their rights, in accordance with the provisions of the Companies Act and other Applicable Law;
Eligible Equity Shareholders means all the equity shareholders of the Target Company excluding (i) the shareholders forming a part of the promoter/promoter group of the Target Company; (ii) parties to the share purchase agreement dated December 31, 2018 (“SPA”); and (iii) any persons acting in concert or deemed to be acting in concert with the persons set out in (i) and (ii).

Examples of Eligible Equity Shareholders in a sentence

  • The Equity Shares are being offered and sold to the Eligible Equity Shareholders of the Company located outside the United States in offshore transactions in reliance on Regulation S (“Regulation S”) under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) and the applicable laws of the jurisdictions where those offers and sales occur.


More Definitions of Eligible Equity Shareholders

Eligible Equity Shareholders means all the shareholders of the Target Company, excluding the existing Promoters of the Target Company, the parties to the Underlying Transaction (as defined below), and any persons deemed to be acting in concert (“Deemed PACs”) with the parties mentioned above, pursuant to and in compliance with the provisions of Regulation 7(6) of SEBI (SAST) Regulations, 2011;
Eligible Equity Shareholders means an equity shareholder of the Issuer who is a shareholder on the Record Date;
Eligible Equity Shareholders means the holder of Equity Shares as on the Record Date; “Engagement Letter” shall mean the engagement letter between the Company and the Lead Manager; “Environmental Laws” shall have the meaning as ascribed to it in Clause 8.28 of this Agreement; “Equity Shares” shall mean the equity shares of face value of ₹ 4 each of the Company;
Eligible Equity Shareholders shall have the meaning ascribed to it in Recital A;

Related to Eligible Equity Shareholders

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Independent Shareholders means holders of Voting Shares, other than:

  • Existing Shareholders has the meaning set forth in the preamble.

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 6,600,000 warrants (or 7,200,000 warrants if the over-allotment option is exercised in full) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,600,000 (or $7,200,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Working Capital Warrants” shall mean the warrants that may be issued in connection with the conversion of any Working Capital Loans; (vii) “Extension Loan Warrants” shall mean the warrants that may be issued in connection with the conversion of any Extension Loans; (viii) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (ix) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering, the sale of the Private Placement Warrants and the Overfunding Loans shall be deposited; and (x) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Principal Shareholders means each of the following shareholders of the Company: Xxxx Xxxxxxxxx and Xxxxx Xxxxxxxx.

  • Principal Stockholders CERTAIN TRANSACTIONS," "DESCRIPTION OF SECURITIES," and "SHARES ELIGIBLE FOR FUTURE SALE" have been reviewed by such counsel, and insofar as they refer to statements of law, descriptions of statutes, licenses, rules or regulations or legal conclusions, are correct in all material respects;

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.