Examples of Original Shareholders in a sentence
Pursuant to Section 7.01 of the Original Shareholders Agreement, Holdings and the Company hereby agree to terminate the Original Shareholders Agreement in its entirety effective as of the date hereof.
The Management Fee shall be distributed among the Original Shareholders as agreed among them and with the Issuer and shall be paid in advance to the Original Shareholders on the first day of each Interest Period.
The Management Fee shall be for the account of the Original Shareholders and shall not form part of the Portfolio.
If the unutilised part of the Total Participation on the Final Lending Date exceeds ten (10) per cent of the total Total Participation, such excess amount shall be used to repay pro rata the Debentureholder Participation and the Shareholder Participation unless the Original Shareholders and the Debentureholders agree otherwise.
The Original Shareholders together ceasing to hold, directly or indirectly, more than 50 per cent of all votes and outstanding shares of the Issuer, except if, and to the extent, the Debentureholders have consented to the relevant share transfer or issue in accordance with Clause 16.5(d).