Funding Shareholder definition

Funding Shareholder will have the meaning set forth in Section 3.2.5(iv)(A).
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Funding Shareholder has the meaning given in clause 12.6(B);
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Funding Shareholder has the meaning given to it in Section 13.3;
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Examples of Funding Shareholder in a sentence

  • If a joint venture partner (“Funding Shareholder”) funds the other partner’s (“Non-Funding Shareholder”) share of the Additional Funding (“Shortfall”) and the Non-Funding Shareholder does not fund the Shortfall within the stipulated timeframe, the Funding Shareholder has an option to acquire shares held by the Non-Funding Shareholder in EcoWorld London group of companies or EcoWorld London Development, as the case may be, at a nominal price.A12.

  • Anderson (Delaware, 1984)65 Wenjing Chen, A Comparative Study of Funding Shareholder Litigation, p.31, (2017)66 See Lewis v.

  • If a joint venture partner (“Funding Shareholder”) funds the other partner’s (“Non-Funding Shareholder”) share of the Additional Funding (“Shortfall”) and the Non-Funding Shareholder does not fund the Shortfall within the stipulated timeframe, the Funding Shareholder has an option to acquire all of the shares held by the Non-Defaulting Shareholder in EcoWorld London group of companies or EcoWorld London DMCo, as the case may be, at a discount or a portion of such shares at a nominal price.A12.

  • See C KESSEDJIAN (ed.), Le financement de contentieux par un tiers, Paris, Pantheon- Assas Paris II, 2012, and in another book focusing on shareholders’ litigation funding, see W CHEN, A Comparative Study of Funding Shareholder Litigation, Springer Singapore, 2017, 264 p.

  • Anderson (Delaware, 1984)67 Richard Burt, Shareholder Loses Standing to Maintain Derivative Action After Merger, (2012)68 Wenjing Chen, A Comparative Study of Funding Shareholder Litigation, pp.46-50, (2017)The demand on the board requirement implies that a shareholder does not have the right to commence a derivative action without making a demand on the board of directors first, unless he can show that such a demand is futile.

  • Any shares of the Company to be allotted to the Funding Shareholder under this Article shall be allotted at a price equivalent to the issue price of shares of the Company in the issue of shares not subscribed for by the Non-subscribing Shareholder.

  • Will they use it?, (2007) 59 Andreas Cahn, Comparative company law: text and cases on the laws governing corporations in German, the UK and the USA, pp.601-602, (2010) 60 Wenjing Chen, A Comparative Study of Funding Shareholder Litigation, p.28, (2017) 61 Wenjing Chen, A Comparative Study of Funding Shareholder Litigation, pp.28-29, (2017) 62 For example, in Aronson v.

  • If the Board determines that the Company requires urgent funding (" Urgent Funding"), which funding is required within 10 business days of such determination, any of the Shareholders ("Urgent Funding Shareholders") shall be entitled to provide such Urgent Funding to the Company ("Urgent Funding Shareholder Loans").

  • SECOND SCHEDULE PAYMENT SCHEDULE Percentage of purchase price to be paid 10.On the date the Purchaser takes vacant possession.

  • The Loan shall carry a conversion option whereby the Funding Shareholder shall have the right to convert the Loan into equity shares of the Company upon the expiry of [6] months from the date of disbursement of the Loan ("Loan Period") if the Non-subscribing Shareholder is unable and/or unwilling to bring in its entitlement in the issue of shares subscribed for by the Funding Shareholder within the Loan Period.


More Definitions of Funding Shareholder

Funding Shareholder means any Shareholder which serves a Unilateral Funding Notice in accordance with the provisions of clause 12.7(C) (Unilateral equity funding); Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. The omissions have been indicated by asterisks (“*****”), and the omitted text has been filed separately with the Securities and Exchange Commission.
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Funding Shareholder has the meaning specified in Clause4.4;
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Funding Shareholder has the meaning set forth in Clause 5.8; Governmental Entity means any supra national, national, state, municipal or local government (including any subdivision, court, administrative agency or commission or other authority thereof) or any quasi-governmental body exercising any regulatory, importing or other governmental or quasi-governmental authority, including but without limitation to OFAC, the US State Department, Her Majesty’s Treasury, the State Council of China, Central Military Commission of China, the United Nations or the European Union; Her Majesty’s Treasury means the economic and finance ministry of the government of the United Kingdom; HKIAC means the Hong Kong International Arbitration Centre; IFRS means insofar as the same are applicable to the Company:
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Related to Funding Shareholder

  • Preferred Shareholder means any holder of Preferred Shares.

  • Class A Shareholder means a holder of Class A Shares;

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Company Shareholder means any holder of any Company Shares.

  • Preferred Shareholders means the holders of Preferred Shares.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of any class or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its "affiliate" or "associate" (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its "affiliate" or "associate" as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Investor Limited Partner means any Limited Partner so designated at the time of its admission as a partner of the Partnership.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Company Securityholders means the Company Stockholders, Company Optionholders and Company Warrantholders, collectively.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Additional Registration Statement.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

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

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Principal Shareholders means Xxxx X. Xxxx, Xxx X. Xxxxxxx and Xxxxx X. Xxxxxx, and their respective assignees or successors in interest.

  • Soliciting Shareholder means, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Defaulting Shareholder has the meaning set out in clause 16.7;