Examples of Manager Shareholders in a sentence
At the sole discretion of the Investment Manager, Shareholders may subscribe for Shares of the Fund in exchange for an equivalent value of an in specie distribution of eligible investments to the Fund.
Xxxxxx and Ulm, together, the “Manager Shareholders”) (such agreement, the “Sub-Management Agreement”), and nothing to the contrary contained in this Agreement shall limit the ability of the Manager, Xxxxxx Xxxx, or the Manager Shareholders to enter into and perform their respective obligations under such Sub-Management Agreement or otherwise limit the effectiveness of such Sub-Management Agreement.
If the withdrawing Manager is the last remaining Manager, Shareholders by Majority Vote may vote to elect and appoint, effective as of a date on or prior to the withdrawal, a successor Manager who shall be duly licensed and qualified under U.S. federal and state law to carry on the Trust’s business.
To the extent that there is a change to the expenses to be discharged by the Manager, Shareholders will be notified in advance.
Lack of control and reliance on the Sub-Investment Manager Shareholders will have no right to participate in the daily management of the Fund or in the control of its daily business.
For this reason, we need to organise ourselves better so that we can implement the transformation more swiftly and decisively.The reorganisation will enable the integrated clusters to deliver more comprehensive and person-centered healthcare services that are appropriate and closer to the patients.
Accordingly, the Manager Shareholders Agreement and the transactions contemplated thereunder constitute connected transactions of the Company pursuant to Chapter 14A of the Listing Rules.
Each of the shareholders of the Manager shall not dispose of its shares in the Manager unless it has obtained the prior written consent of all other shareholders to do so, or (at any time after the first anniversary of the completion date of the Manager Shareholders Agreement) it has given a right of first refusal to other shareholders of the Manager and complied with all the tag along and drag along provisions set out in the Manager Shareholders Agreement.
Completion date of the Manager Shareholders Agreement shall be the date on which completion of the Fund Shareholders Agreement takes place provided that all the conditions precedents to the Manager Shareholders Agreement are satisfied or (if applicable) waived in accordance with the Manager Shareholders Agreement.
Completions of the Manager Shareholders Agreement and the Fund Shareholders Agreement are inter-conditional upon each other.