Former Shareholder definition

Former Shareholder means a Shareholder who, immediately prior to the Effective Time, held Common Shares that were transferred pursuant to Section 2.3(d);

Former Shareholder means any person who previously owned voting Shares, but who, at the time of his death, no longer owns Shares."

Former Shareholder means any former holder of any shares of capital stock of the Company, whose shares of capital stock were repurchased by the Company at any time prior to the date of this Agreement.

Examples of Former Shareholder in a sentence

• At the closing, the Former Shareholder or the Company (as applicable) will deliver by wire transfer or cashier's check the consideration payable to the order of the Interested Party, against delivery by the Interested Party of certificates evidencing the Subject Shares being so purchased, free and clear of all liens, claims and encumbrances (other than this Shareholder Agreement) and endorsed in good form for transfer.

• The Former Shareholder may elect to accept such offer in whole or in part only by delivering to the Interested Party and the Company written notice of its irrevocable election to accept such offer within 30 days after delivery of the Notice of Involuntary Transfer.

• If the Former Shareholder does not accept such offer within such 30-day period with respect to all of the Subject Shares, then the Company will have the option, pursuant to Section 3(c), to purchase any remaining Subject Shares.

• Any Former Shareholder or Interested Party or affiliate thereof who is a member of the Company's Board of Directors will abstain from voting on the proposed purchase of the Subject Shares.

• The Interested Party will deliver a written notice (the "Notice of Involuntary Transfer") to the Company (and, in the case of a Marital Relationship Transfer, to the Former Shareholder) no later than 30 days after such Involuntary Transfer.

More Definitions of Former Shareholder

Former Shareholder means, at and following the Effective Time, a registered holder of Common Shares immediately prior to the Effective Time;

Former Shareholder means a Shareholder immediately prior to the Effective Time (including, for greater certainty, RSU Holders whose RSUs shall settle at the Effective Time for GSV Shares in accordance with Section 3.01(b) of the Plan of Arrangement).

Former Shareholder means a person who is a registered holder of Shares as shown on the share register of Shares immediately prior to the Effective Time;

Former Shareholder has the meaning as set forth in Section 8.16(c). ---------------

Former Shareholder means a Shareholder immediately prior to the Effective Time.

Former Shareholder means 1065703 B.C. Ltd., being former shareholder of the Target Subsidiary as the vendor pursuant to the Share Purchase Agreement.

Former Shareholder means Xxxxxx X. Xxxxxxxxx.