Examples of Holdco Shareholders in a sentence
All participants in the management incentive plan shall execute a joinder to the new Holdco Shareholders Agreement.
The holders of New Holdco Common Stock and New Opco Common Units shall execute and become parties to the New Holdco Shareholders Agreement and the New Opco LLC Agreement, respectively (in their capacity as shareholders of New Holdco and unit holders of New Opco, respectively) as a condition to receiving their distributions under the Plan.
The New Holdco Shareholders Agreement and the New Opco LLC Agreement shall be adopted on the Effective Date and shall be deemed to be valid, binding, and enforceable in accordance with their respective terms, and each holder of New Holdco Common Stock and New Opco Common Units (as applicable) shall be bound thereby.
In the event that any such appointing Holdco Shareholder(s) ceases to hold a shareholding block of 11% of the Holdco Ordinary Shares in issue, such appointing Holdco Shareholder(s) shall procure the resignation of the relevant Holdco Director.
In terms of the Bokoni Holdco Shareholders Agreement, RPM will fund its portion (49%) of Bokoni Mine’s funding requirements.