Examples of Nominee Shareholders in a sentence
For that, Olist has adopted a Policy for the Prevention of Money Laundering and Terrorist Financing, which must be complied with by all Olisters.
Shareholders who hold shares in CREST for and on behalf of one or more Underlying Shareholders ("Nominee Shareholders"), can make an election, for and on behalf of each of its Underlying Shareholders (provided that no Underlying Shareholder will be able to combine Alternatives), by taking the action set out above.
Parties: (i) Nominee; (ii) Nominee Shareholder(s); and (iii) Beijing Luxtone.
Through the Contractual Agreements, the Nominee Shareholders effectively assigned all of their voting rights underlying their equity interests in the VIEs to the Company and therefore, the Company has the power to direct the activities of the VIEs that most significantly impact its economic performance.
The Company will not request repayment of the loans or borrowings if the VIEs or its Nominee Shareholders do not have sufficient funds or are unable to repay.