Offeror Shareholder definition

Offeror Shareholder the meaning is described in Clause 3.2 of this Agreement.
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Offeror Shareholder has the meaning given in Section 6(d)(ii).
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Offeror Shareholder means the holder of the Offeror Share(s);
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Examples of Offeror Shareholder in a sentence

  • The term "Other Shareholders" shall, in Article III, mean the Shareholders that are not the Offeror Shareholder.

  • The Corporation may exercise such option by giving written notice of exercise to the Offeror Shareholder and to all Other Shareholders prior to the termination of its exclusive option period.

  • The Offeror Shareholder shall deliver such Notice of Right of First Refusal to the parties noted above immediately upon receiving such Third Party Offer, but in any event not less than sixty (60) days prior to the date of the proposed Transfer.

  • A Third Party Offer may not contain provisions related to any property other than the Stock of the Offeror Shareholder, and the Offer Price shall be expressed only in terms of cash contained in the proposed transfer.

  • In the absence of such an agreement between the Other Shareholders, each Other Shareholder will be entitled to give written notice to the Offeror Shareholder, to the Corporation, and to the Other Shareholders, within forty (40) days from the First Refusal Notice Date, of such Shareholder's election to acquire all or any part of such Offered Stock that is not being acquired by the Corporation ("Excess Offered Stock").

  • The term "Offeror Shareholder" shall have the meaning set forth in Section 3.01 of this Agreement.

  • In the event that a Shareholder receives a bona fide offer (a "Third Party Offer") for the purchase of all or a part of his or her Stock (or any rights or interests therein) that such Shareholder desires to accept, such Shareholder (the "Offeror Shareholder") agrees to give written notice of such Third Party Offer (the "Notice of Right of First Refusal") to the Secretary of the Corporation and to the other Shareholders (the "Other Shareholders").

  • The Offeror Shareholder shall deliver a written notice to the Board of Directors specifying therein the name of the proposed Transferee, the number of Shares, the total consideration to be received for such Shares, and all other terms, provisions and conditions of the proposed Transfer.

  • Such Company may exercise such option by giving written notice of exercise to the Offeror Shareholder and to all Other Shareholders prior to the termination of its exclusive option period.

  • The execution and delivery of this Agreement by the Offeror and the performance by the Offeror of its obligations under this Agreement have been duly authorized by the board of directors of the Offeror and no other corporate proceedings on its part are necessary to authorize this Agreement or the performance of its obligations hereunder, other than the Offeror Shareholder Approval.


More Definitions of Offeror Shareholder

Offeror Shareholder has the meaning given to it in Clause 11.3;
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Offeror Shareholder has the meaning given to that term in subsection 10.1;
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Offeror Shareholder shall have the meaning ascribed to it in Section 2.4.1.
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Related to Offeror Shareholder

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Company Shareholder means a holder of one or more Company Shares;

  • Selling Shareholder has the meaning set forth in Section 3.04(a).