Minimum Shareholding Requirement definition

Minimum Shareholding Requirement means that the Investor Parties continue to beneficially own Equity Securities that (on an as-converted basis) represent a number of Class A Ordinary Shares or ADSs that is no less than the Minimum Shareholding.

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Minimum Shareholding Requirement means that the Purchasers in the aggregate continue to beneficially own Equity Securities that (on an as-converted basis) represent a number of Class A Ordinary Shares (including such Class A Ordinary Shares held in the form of ADSs) that is no less than the Minimum Shareholding.

Minimum Shareholding Requirement means the minimum shareholding requirement more fully set out in Annexure A hereto;

Examples of Minimum Shareholding Requirement in a sentence

Unless otherwise agreed by the Board (excluding the consent of the Investor Director), the Purchasers shall procure the Investor Director and the Investor Officer to resign as soon as practicable upon the Purchasers ceasing to satisfy the Minimum Shareholding Requirement.
The Purchasers’ rights under this Article IV shall be terminated immediately and permanently upon the Purchasers ceasing to satisfy the Minimum Shareholding Requirement and shall forthwith become null, void and unrestorable, regardless whether the Minimum Shareholding Requirement becomes satisfied thereafter.
In addition, once Executive is required to maintain the Minimum Shareholding Requirement, the portion of any sale or other disposition of his shares of Common Stock that would result in Executive falling below the Minimum Shareholding Requirement shall be null and void.
In addition, once Executive is required to maintain the Minimum Shareholding Requirement, the portion of any sale or other disposition of her shares of Common Stock that would result in Executive falling below the Minimum Shareholding Requirement shall be null and void.
The Investors’ and VCOC Investor’s rights under Section 5.03(a), Section 5.03(b), Section 5.09, Section 5.13 and Section 5.15 shall terminate immediately and permanently upon the Investors ceasing to satisfy the Minimum Shareholding Requirement and shall forthwith become null and void.
Highworld shall promptly (and in any event with 2 Business Days) provide notice to ELQ VIII in the event that the total number of Shares held by Highworld (along with its Permitted Transferees) is less than the Minimum Shareholding Requirement or greater than the Minimum Shareholding Requirement.

More Definitions of Minimum Shareholding Requirement

Minimum Shareholding Requirement means the minimum shareholding

Minimum Shareholding Requirement means that no Minimum Shareholding Event has occurred.

Minimum Shareholding Requirement means the Fully Diluted B Shares, as applicable, representing, in aggregate, 20% or more of the Equity Shares at the given time;

Minimum Shareholding Requirement has the meaning set forth in Section 3.1(d).

Minimum Shareholding Requirement means that the Minimum Shareholding Event Effective Date has not yet occurred.