Majority Shares definition

Majority Shares means the number of shares of Company Voting Stock that could elect a majority of the directors of the Company if all directors were to be elected at a single meeting.

Majority Shares. “Majority Shares” means the number of shares of Company Voting Stock that could elect a majority of the directors of the Company if all directors were to be elected at a single meeting.

Majority Shares means such number of the voting shares in a corporation as shall amount to more than one-half thereof.

Examples of Majority Shares in a sentence

• Hawkins alleges that the value of the Majority Shares will be maximized by selling them free and clear of the Irrevocable Proxy.

• She claims that Daniel and Holdings have indicated that they only will sell the Majority Shares subject to the Irrevocable Proxy.

• The first question is whether, under the terms of theIrrevocable Proxy, the Partnership can sell the Majority Shares free and clear of the voting authority that the Irrevocable Proxy conferred.

• It appears that the transfer of the Majority Shares would not be complete until Old MedApproach had paid the full purchase price to Pike, which would happen over time.2 2 See Compl.

• In one claim, she sought a declaratory judgment invalidating the Irrevocable Proxy, contending that it was intended to be a temporary measure and that the Holders were obligated to replace it with an ordinary corporate governance structure once the transfer of the Majority Shares was complete.

More Definitions of Majority Shares

Majority Shares has the meaning set forth in the Recitals.

Majority Shares means the remaining shares in the issued share capital of the company as at Completion which when aggregated with the Shares will constitute the entire issued share capital of the Company as at Completion;

Majority Shares equals the number of shares of Company Common Stock owned by HoldCo.

Majority Shares shall have the meaning set out in item C of the introductory section of this Agreement .

Majority Shares means 8,800,000 shares in the capital of Flexe Idaho held by Trade Wind;

Majority Shares means the LML Shares received by the Majority Shareholders at the Closing;

Majority Shares means the 170 ordinary shares of £1.00 each held by the Parent in the capital of the Company; Management Accounts means the unaudited statement of financial position and statement of comprehensive income of the Company for the four month period ended on the Management Accounts Date; Management Accounts Date means 30 April 2018; Minority Shareholders means those persons whose names and addresses are set out in Part B of Schedule 1; Minority Shareholders Sale Agreements means the agreements in the Agreed Form pursuant to which each Minority Shareholder will transfer to the Buyer at Completion such number of Minority Shares as is set out opposite his name in Part B of Schedule 1; Minority Shares means the 30 ordinary shares of £1.00 each in the capital of the Company owned by the Minority Shareholders as set out opposite their respective names in column 3 of the table in Part B of Schedule 1; NASDAQ means the NASDAQ stock market; Parent Loan means the inter-company loan of £501,030.00 owed by the Parent to Company; Pension Scheme means the defined contribution scheme in place in respect of the Company as at the Completion Date and as operated by NEST;