Independent Shareholder definition

Independent Shareholder means any shareholder of the Company except any employee(s) or director(s) of Employer or any employee benefit plan(s) sponsored or maintained by the Company or any subsidiary thereof.

Independent Shareholder means shareholders of the Corporation other than the Interested Shareholder engaged in or proposing the Business Combination.

Independent Shareholder or “Independent Stockholder” means a holder of Voting Stock of this Corporation who is not a Related Person.

Examples of Independent Shareholder in a sentence

• Settlement of the consideration to which any accepting Independent Shareholder is entitled under the Share Offer will be implemented in full in accordance with the terms of the Share Offer (save with respect to the payment of seller’s ad valorem stamp duty), without regard to any lien, right of set-off, counterclaim or other analogous right to which the Offeror may otherwise be, or claim to be, entitled against such accepting Independent Shareholder.

• Subject to compliance with any requirements imposed by the foregoing, consent shall be given if the proposed amendment, variation or rescission is approved by the affirmative vote of a majority of the votes cast by all holders of Voting Shares (other than any holder who does not qualify as an Independent Shareholder, with respect to all Voting Shares Beneficially owned by such Person), represented in person or by proxy at the Special Meeting.

• No fractions of a cent will be payable and the amount of cash consideration payable to an Independent Shareholder who accepts the Offer will be rounded up to the nearest cent.

• Such documents and remittances will be sent to the Independent Shareholders at their respective addresses as they appear in the register of members of the Company or in the case of joint holders, to such Independent Shareholder whose name appears first in the register of members of the Company.

• Subject to compliance with any requirements imposed by the foregoing, consent shall be given if the proposed amendment, variation or rescission is approved by the affirmative vote of a majority of the votes cast by all holders of Voting Shares (other than any holder who does not qualify as an Independent Shareholder, with respect to all Voting Shares Beneficially owned by such Person), represented in person or by proxy at the shareholder meeting.

More Definitions of Independent Shareholder

Independent Shareholder means any shareholder of the listed issuer that is not required to abstain from voting at a general meeting to approve a connected transaction;

Independent Shareholder means any person who or which:

Independent Shareholder means any shareholder of the Company other than (a) Alfa, (b) Telenor, or (c) any of their respective Permitted Transferees, Affiliates or any Altimo Minority Shareholder.

Independent Shareholder means any shareholder of TXU Corp. except any employee(s) or director(s) of TXU Corp. or any employee benefit plan(s) sponsored or maintained by TXU Corp. or any subsidiary thereof.

Independent Shareholder means any shareholder of Nabors Bermuda except any executive officers or directors(s) of Nabors Bermuda or any employee benefit plan(s) sponsored or maintained by Nabors Bermuda or any subsidiary thereof;

Independent Shareholder means any shareholder of the Company except any employee(s) or director(s) of the Company or any employee benefit plan(s) sponsored or maintained by the Company or any subsidiary thereof. The term “the sale or disposition by the Company of all or substantially all of the assets of the Company” shall mean a sale or other disposition transaction or series of related transactions involving assets of the Company in which the value of the assets or stock being sold or otherwise disposed of (as measured by the purchase price being paid therefore or by such other method as the Board determines is appropriate in a case where there is no readily ascertainable purchase price) constitutes more than two-thirds of the fair market value of the Company (as hereinafter defined). The “fair market value of the Company” shall be the aggregate market value of the then outstanding shares of Common Stock of the Company (on a fully diluted basis). The aggregate market value of the shares of outstanding Company Common Stock shall be determined by multiplying the number of shares of outstanding Company Common Stock (on a fully diluted basis) outstanding on the date of the execution and delivery of a definitive agreement with respect to the transaction or series of related transactions (the “Transaction Date”) by the average closing price of the shares of outstanding Company Common Stock for the ten trading days immediately preceding the Transaction Date.

Independent Shareholder means all holders of Shares of the Corporation other than the Interested Shareholder engaged in or proposing the Business Combination.