Excluded Shareholder definition

Excluded Shareholder means a Shareholder: (i) that is a Non-Resident; (ii) that is a Tax Exempt Shareholder; (iii) that is a partnership; (iv) that would acquire Exchangeable LP Units as a “tax shelter investment” for the purposes of the Tax Act; or (v) an interest in which is a “tax shelter investment” for the purposes of the Tax Act;

Excluded Shareholder means, with respect to any Investment, any Shareholder that is excluded pursuant to Section 5.05(a) from making all or a portion of its Capital Contribution that would otherwise be required in respect of such Investment.

Excluded Shareholder means any of the Company's then current or former directors or employees, in each case that is a Piggyback Shareholder or a Requesting Shareholder.

Examples of Excluded Shareholder in a sentence

• Contribution Notices shall be issued pro rata among the Shareholders of each Sub-Fund based on Capital Commitments, with appropriate adjustments to reflect any Default, Excluded Shareholder, differences in any Advisory Fees payable, the termination or sanction of any Shareholder or other considerations in the AIFM’s reasonable discretion.

• Trustees or nominees who hold Shares on behalf, or for the account, of a US Person or a person located in the United States, or a resident of Canada, or any other person who is an Excluded Shareholder, must not inform any such person of the Buy-Back.

• An Excluded Shareholder is any person who is (or who is acting on behalf of or for the account of a person who is) in the United States or a US Person who is not eligible to participate in the Buy-Back or in the opinion of the Board who resides in a foreign jurisdiction where it would be illegal under the laws of that jurisdiction to permit shareholders residing in that jurisdiction to participate in the Buy-Back.

• In the event that an investor of any Feeder Vehicle is excluded from any capital contribution to such Feeder Vehicle, the AIFM may allow such Feeder Vehicle to be treated as an Excluded Shareholder with respect to that portion of its Capital Contribution corresponding to the amount by which such Feeder Vehicle’s investor was excluded.

• To qualify for the subscription of the H Rights Shares, an H Shareholder must be registered as a member of the Company at the close of business on the H Share Record Date and must not be an Excluded Shareholder.

More Definitions of Excluded Shareholder

Excluded Shareholder means any shareholder of such party that: (i) merges or consolidates with such party in such merger or consolidation; (ii) owns or controls a majority of the voting power of another corporation or other entity that merges or consolidates with such party in such merger or consolidation; or (iii) is directly or indirectly Controlled by, Controls, or is under common Control with, the Ultimate Survivor of such merger or consolidation.

Excluded Shareholder means a Shareholder (a) that is not a “taxable Canadian corporation” under the Tax Act; or (b) that would acquire Exchangeable LP Units as a “tax shelter investment” for the purposes of the Tax Act; or (c) an interest in which is a “tax shelter investment” for the purposes of the Tax Act.

Excluded Shareholder means any M2 Shareholder who is Vocus or a Related Body Corporate of Vocus. Exclusivity Period means the period commencing on the date of this agreement and ending on the earliest of:

Excluded Shareholder means any M2 Shareholder who is Vocus or a Related Body Corporate of Vocus.

Excluded Shareholder means Canopy, any affiliate of Canopy and any Dissenting Acreage Shareholder.

Excluded Shareholder means Eligible Shareholders registered outside Australia and New Zealand;

Excluded Shareholder means a Shareholder that is not an Eligible Shareholder. Execution Date means the date on which this agreement is executed.