Examples of Lead Shareholder in a sentence
If the Lead Shareholder exercises its put right as specified in the Shareholder Rights Agreement prior to the time the Stock is publicly traded on a national securities exchange, the Option holders will continue to vest as scheduled, but will not be permitted to exercise their vested Options prior to the 12-month anniversary of the date the Lead Shareholder exercises its put right and sells its shares.
Seller having been set up for the sole purpose of exercising the rights and observing and performing its obligations under this Agreement, Seller hereby undertakes and agrees that it shall not undertake or permit any Change of Control except in accordance with the provisions of Clause 17.4 and that the Lead Shareholder shall hold not less than 51% (fifty one percent) of its subscribed and paid up equity share capital until the expiry of the Term of this Agreement.
The Lead Shareholder shall promptly notify the other Shareholders.
Lead Shareholder Counsel intends to apply to the Court for an award of attorneys' fees from the Gross Settlement Amount in an amount not to exceed 30% (approximately $0.07 per share), and for up to $90,000 as reimbursement of expenses incurred in connection with the prosecution of this portion of the Action, plus interest at the same rate as earned by the Gross Settlement Amount.
During such Lock-in-Period, the stake of such [Lead Shareholder / Lead Member] shall also not be less than that of any other shareholder / member of the Developer.
Promptly after receipt by Talarian of notice or discovery of any claim, damage or legal action or proceeding giving rise to indemnification rights under this Agreement (a "Claim"), Talarian shall give the Lead Shareholder (or Relevant Shareholder, if applicable) written notice of such Claim and shall provide a copy of such notice to the Escrow Agent.
The purpose of the Settlement Hearing will be to determine: (1) whether the Settlement should be approved as fair, reasonable and adequate; (2) whether all potential claims against Defendants should be released; and (3) to consider the proposed Plan of Allocation for the proceeds of the Settlement and the application of Lead Shareholder Counsel for attorneys' fees and reimbursement of expenses.
Arrangements are in place to transfer Bock 18 Operatorship to Marib Upstream Services Company (MSC).[This is a joint venture between Yemen Gas Company, (Lead Shareholder, 60%), Yemen Exploration & Production Company (30%) and YLNG (10%)].
If you do not wish to have your interests represented by Lead Shareholder Counsel for the purpose of appearing, objecting to, and/or otherwise being heard regarding the Settlement, you may enter a separate appearance through counsel of your choice, or personally, at your own expense.
Consequently, the SIR isreduced with the number of MSs. Our power control algorithm performs as well as the equal SIR allocation because all SIRs in the power control schemes based on game theory in Figure 5.8 are close to the equal SIR allocation when f = 0 as illustrated in Figure 5.1. If the number of cells in the system is higher, the result will be close to the plot of equal SIR allocation when f =0.55 in Figure 5.1.The power control algorithms perform well in both under and over utilization cases.