Offering Shareholder definition

Offering Shareholder has the meaning set forth in Section 3.02(a).

Offering Shareholder has the meaning set forth in Section 6.2(a).

Offering Shareholder has the meaning given such term in Clause 2.2(a).

Examples of Offering Shareholder in a sentence

• All transfer taxes and documentary stamps shall be paid by the Offering Shareholder.

• In the event that the Shareholder ("the Offering Shareholder") receives a bona fide offer (the "Offer") after December 31, 1999, to purchase all or any portion of his or her Stock (the "Shares") and the Offering Shareholder desires to sell his or her Shares pursuant to the terms of the Offer, then the Offering Shareholder shall forthwith deliver to the Company written notice of such offer.

• If the necessary vote cannot be obtained or if the Offering Shareholder objects to the value established by the Company's Board of Directors, then the value per share shall be established pursuant to Section 5.4, and the terms of purchase or redemption shall be those most recently adopted by the Directors pursuant to this Section 5.1, or if no such terms have been so adopted or if the Offering Shareholder objects to such terms, then those terms described in Section 5.2 below.

• If such computation results in a purchase of less than all Shares offered by the Offering Shareholder, then the difference between the number of Shares agreed to be purchased and the number of Shares offered shall be allocated to those Remaining Shareholders who have offered to purchase a number of Shares greater than the number allocated to such Remaining Shareholders in the first allocation.

• Prior to any Proposed Transfer of Offered Shares, the Offering Shareholder shall deliver to each Non-Offering Shareholder (with a copy to the Company) a written irrevocable bona fide offer to sell the Offered Shares to the Non-Offering Shareholders stating the number of Shares to be sold, the price and terms thereof (which shall not include any warranties or indemnities (other than capacity and authority) from the transferee) and the identity of the Prospective Transferee (a “Transfer Notice”).

More Definitions of Offering Shareholder

Offering Shareholder means any Shareholder, or his personal representatives, heirs, administrators, and executors, as the case may be, who pursuant to this Agreement must or does offer all or any of his Shares to the Company or the Continuing Shareholders.

Offering Shareholder has the meaning specified in Section 4.4(a).

Offering Shareholder has the meaning set forth in Section 11.1.1.

Offering Shareholder shall have the meaning found in letter (a) of item 4.2 below;

Offering Shareholder has the meaning ascribed thereto at subsection 13.3;

Offering Shareholder. A Shareholder or his/her or its personal representative who offers to sell his/her or its Shares in accordance with Paragraph 2 of this Agreement.

Offering Shareholder means any Shareholder, or his personal representatives, heirs, administrators, and executors, as the case may be, who offer all or any of his Shares to the Company or the Continuing Shareholders.