Examples of Nominee Shareholder in a sentence
The Company shall hold the said share as Nominee Shareholder on behalf of the Principal, and shall, in accordance with such direction in writing as may from time to time be given by the Principal to the Company transfer and deal with the said share and any dividend payable in respect thereof and execute all such proxies and documents as are necessary and proper to enable the Principal or its nominees to vote at any shareholders' meetings which the holder of the said she is entitled to attend.
Subject to Section 5.4(b), the Ctrip Parties shall timely pay (or cause to be paid) any Tax assessed by a relevant PRC Taxing Authority with respect to the transfer of the equity interests in the eLong VIEs from the Outgoing eLong VIE Shareholders to the Purchaser VIE Shareholders pursuant to the eLong VIE Nominee Shareholder Change Documents.
For that, Olist has adopted a Policy for the Prevention of Money Laundering and Terrorist Financing, which must be complied with by all Olisters.
However to meet the minimum shareholders criteria, 6 representatives of AFSL have been appointed and each hold 1 share as a Nominee Shareholder.
In the event that the aforesaid monies becomes due and outstanding, the Nominee Shareholder is subject to a penalty equivalent to the penalty rate of commercial bank loans in China.