Examples of Funding Shareholder in a sentence
Upon receipt of the payment of such Disputed Activity Costs in full by the Funding Shareholder, the clinical activity will cease to be a Disputed Activity.
Upon receipt of such payment in full by the Funding Shareholder the clinical activity will cease to be a Disputed Activity.
The total consideration shall be paid to Sellers in accordance with Section 4.02.
Notwithstanding the foregoing, if the Dilution Price is less than the par value per Share, then the issue price per Share payable by the Funding Shareholder (or its Affiliate) shall be the par value of a Share at that time.
In the event if the Funding Shareholder selects to provide such funding to the company in form of a subscription of New Shares, the Non-Funding Shareholder shall take all actions as may be required to give effect to such increase in the chartered capital and such issuance of the New Shares.
In any case, the Substitute Funding Shareholder may elect at its free discretion, by giving written notice to the Non Funding Shareholder, either to acquire, at nominal value, as many of the existing shares of the Non Funding Shareholder [Example: 10 Mill.
In the event that a Funding Shareholder does not exercise its rights under this Section 7.2, then the remaining Funding Shareholders may participate in funding the remaining portion of the Deficiency pro rata to their equity percentage interest in the Company or they may participate in funding the remaining portion of the Deficiency in any other proportion as they may otherwise mutually agree.
As a result of the capital increase, the Percentage Interest of the Substitute Funding Shareholder [Example: 57,2%] shall be increased to an amount equal to the quotient of the current share capital of the Substitute Funding Shareholder [Example: 143 Mill or if share capital is 100 Mill, 57.8 Mill] plus the additional shares subscribed in the capital increase [143+25=168 Mill.
Butler, III), sues on behalf of individuals who have similar claims as the class representative.
SECOND SCHEDULE PAYMENT SCHEDULE Percentage of purchase price to be paid 10.On the date the Purchaser takes vacant possession.