Examples of Individual Selling Shareholder in a sentence
Each of the Custody Agreement and the Power of Attorney of each Individual Selling Stockholder has been duly executed and delivered by such Individual Selling Shareholder.
The Investor Selling Shareholder, the Individual Selling Shareholder, the Promoter Selling Shareholders, the Promoter Group Selling Shareholders and the Other Selling Shareholders are collectively referred to as the “Selling Shareholders” and individually as a “Selling Shareholder”.
The Individual Selling Shareholder has obtained and shall obtain all necessary approvals and consents, which may be required under Applicable Law and/or under contractual arrangements by which it or its Affiliates may be bound, in relation to the Offer and has complied with, and shall comply with, the terms and conditions of such approvals, and all Applicable Law in relation to the Offer and any matter incidental thereto.
Each of the Individual Selling Shareholder has authorized the Company to take all actions in respect of the Offer for, and on, their behalf in accordance with the Companies Act, 2013.
Each Individual Selling Shareholder confirms that its respective portion of the Individual Offered Shares does not breach the thresholds prescribed under Regulation 8A of the ICDR Regulations.
Sr.No.Category of Shareholder(1)The Individual Selling Shareholder is also our Promoter.
The Individual Selling Shareholder shall reimburse any Indemnified Party for all expenses (including any legal or other expenses and disbursements) as they are incurred by such Indemnified Party in connection with investigating, disputing, preparing or defending any such action or claim, whether or not in connection with pending or threatened litigation to which the Indemnified Party may become subject, in each case, as such expenses are incurred or paid.
The Individual Selling Shareholder has authorized the Company to take all actions in respect of the Offer for, and on, its behalf in accordance with Section 28 of the Companies Act, 2013.
The MacDonald Oil bid was made by offer (the “Offer”) and accompanying take-over bid circular (the “TOB Circular”), each dated June 8, 1999.
All such information, reports, statements, declarations, undertakings, clarifications, documents and certifications provided or authenticated by the Company, its Affiliates, the Individual Selling Shareholder or its authorized signatories and its agents, advisors and representatives in connection with the Offer and/or the Disclosure Package and the Offering Memorandum shall be updated, not misleading and true, fair and adequate to enable prospective investors to make a well informed decision.