Existing Shareholders definition

Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

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Existing Shareholders has the meaning set forth in the preamble.

Existing Shareholders means, as context requires, Registered Holders or beneficial holders of the Existing Shares, in their capacities as such;

Examples of Existing Shareholders in a sentence

The Company has not resolved upon, declared, paid or made any dividend, return of capital, or other distribution of profits, reserves, capital, or other funds or assets (whether in cash or otherwise) or any other distribution or payment to any of the Existing Shareholders, including for the payment of consulting, management and other fees.
Any provision of this Agreement that is expressed to bind, or to constitute an obligation of, the Existing Shareholders shall bind them on a joint and several basis (obbligazione solidale passiva), with the sole exception of G▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, who shall be liable exclusively on a pro-rata basis (obbligazione parziaria passiva).
All transactions between the Company and the Existing Shareholders have been conducted on arm’s-length commercial terms, represent transactions effectively existing and inherent to the business and are based on appropriate documentation in compliance with Applicable Law.
The signing of the Agreement – with the exception of the Golden Power Communication under Recital F – does not require approval or other expression of will by third parties and said signing does not lead to violations: (a) of Applicable Law or regulations applicable to the Existing Shareholders, (b) of the Existing Shareholders’ articles of association (if applicable), and (c) of any other resolutions, judicial or arbitral decision or provision, filed against the Existing Shareholders.
Any costs and expenses related to the completion of the transfer of the quotas for which the Investor Put Option Right has been exercised shall be borne by the Existing Shareholders.

More Definitions of Existing Shareholders

Existing Shareholders means Fifth Third Bank and its Affiliates.

Existing Shareholders means the shareholders of the Company that are party to the Primary Shareholders Agreement.

Existing Shareholders means The PNC Financial Services Group, Inc., ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co., Inc., Barclays PLC and their respective Affiliates.

Existing Shareholders means holders of the Existing Shares;

Existing Shareholders means each of Hans-Göran Frick, Labyl AB (Reg. No. 559099-1062), Lars-Åke Bylander, Synkroma Holding AB (Reg. No. 556977-8623), HMF Holding AB (Reg. No. 556749-6731), Michaela Andersson, Pennstiftet 29 AB (Reg. No. 559105-8614), Stefan Engdahl, AB Healthy Mountain (Reg. No. 559100-8825) and Håkan Sundberg.

Existing Shareholders shall have the meaning as defined in Preamble.

Existing Shareholders means ▇▇▇▇▇ ▇. Mas and the Family Related Parties.