Material Shareholder definition

Material Shareholder shall have the meaning given to it in Section 7.31 hereof.

Material Shareholder has the meaning set forth in Section 3.29.

Material Shareholder means a shareholder holding a sufficient number of securities of the Company to affect materially the control of the Company.

Examples of Material Shareholder in a sentence

• There are no claims, demands, disputes or Proceedings of any nature or kind between Borrower and any officer, director or employee of Borrower or any Material Shareholder, or between any of them, relating to Borrower.

• A3  The Company giving any deed of guarantee or indemnity involving a potential liability of £[100,000] (Index Linked) or more which in the reasonable opinion of a Material Shareholder is not required for the proper operation of the Company.

• A Financial A1  The approval of any change to the dividend policy set out in clause 7 (Distributions) which would adversely affect any Material Shareholder.

• A Financial A1 ✓ The approval of any change to the dividend policy set out in clause 7 (Distributions) which would adversely affect any Material Shareholder.

• Subject to sub-clause (b) and to sub-clause (c), the written approvals required from Shareholders referred to in clause 6.2 (Reserved Matters) may be given and signed for a Material Shareholder by a Director nominated by it under clause 5.1 (Composition of the Boards and the right to appoint Directors).

More Definitions of Material Shareholder

Material Shareholder means any person who is, or within the 12 months preceding the date of the transaction was, entitled to exercise or control the exercise of 10 per centum or more of the votes able to be cast on all or substantially all matters at general meetings of the listed company or any other company that is its subsidiary or holding company or is a subsidiary of its holding company;

Material Shareholder shall have the meaning set forth in Section 6.23 of this Agreement.

Material Shareholder means a Shareholder holding a sufficient number of Common Shares to materially affect the control of CMX;

Material Shareholder means a person who owns 5% or more of the shareholding of a company;

Material Shareholder means, in relation to a company, a Person holding five percent or more of such company's issued share capital, or of such company's voting rights;

Material Shareholder means a party who holds 5% or more of the issued share capital of the Company or of the voting rights therein.

Material Shareholder and “Means of Control” as used in this Agreement have the meanings ascribed to such terms in Section 88 of the Israeli Tax Ordinance [New Version] (“Section 88”); provided however that the meaning ascribed to Means of Control as used in this Agreement shall be limited solely to item number (2) under such definition in Section 88.