Golden Shares definition

Golden Shares means the Company’s shares of class or classes (however designated) as the board of directors may determine in accordance with the Articles of Association.
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Golden Shares means all of them;
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Golden Shares have been a traditional means in some countries to ensure government influence over certain companies, especially after the privatisation of infrastructure assets. These shares typically grant voting rights in an enterprise beyond the proportion of invested capital and hence allow governments to exert control without committing significant capital. Many countries have abolished their golden share arrangements for various reasons in the 1990s, but in early 2019, as part of wider reforms, France expanded an existing “golden share” arrangement as a tool to manage essential security risks on a permanent basis – as an “owner”.33 A major technology
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Examples of Golden Shares in a sentence

  • At the Effective Time, the NumberCo Shareholders will cease to be holders of NumberCo Shares, and will be deemed to be registered holders of the Golden Shares to which they are entitled in accordance with Section 2.4 hereof, Golden will deliver such certificates or DRS advice statements or other evidence of ownership representing the number of Golden Shares to which the NumberCo Shareholders are entitled.

  • On the Effective Date, Xxxxxx agrees to issue the Golden Shares issuable to NumberCo Shareholders pursuant to the Amalgamation pursuant to Section 2.11 of National Instrument 45- 106 – Prospectus Exemptions and such Golden Shares will be free of resale restrictions pursuant to National Instrument 45-102 – Resale of Securities and bear no restrictive legends or notations.

  • Notwithstanding the foregoing, NumberCo may (in NumberCo’s sole discretion) choose whether NumberCo Shareholders will receive share certificates and/or DRS advice statements representing the number of Golden Shares to which such NumberCo Shareholders are so entitled.

  • The conditions set out in Sections 5.1 and 5.2 hereof will be conclusively deemed to have been satisfied, waived or released on: (a) the filing by NumberCo and SubCo of the Amalgamation Application with the BC Registrar; and (b) and issuance of the Golden Shares to NumberCo Shareholders who hold NumberCo Shares immediately prior to the Effective Time.


More Definitions of Golden Shares

Golden Shares means those shares of HKND designated as Golden Shares in the memorandum and articles of association of HKND and having the rights and being subject to the restrictions as set out in the memorandum and articles of association of HKND and the Securityholders' Agreement;
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Golden Shares means that the Italian Go
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Golden Shares means the common shares issued in the authorized share structure of Golden. “Governmental Authority” means any:
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Related to Golden Shares

  • Amalco Shares means the common shares in the capital of Amalco;

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;