Permitted Shareholder definition

Permitted Shareholder means a holder, as of the date of this Agreement, of voting capital stock of the Company.

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Permitted Shareholder means a holder, as of the date the Stock Option Plan was adopted by the Company, of Common Stock;

Permitted Shareholder means a holder, as of the Closing Date, of Common Stock;

Examples of Permitted Shareholder in a sentence

Each holder of Permitted Shareholder Debt shall have executed and delivered to the Lenders a subordination agreement, in substantially the form attached hereto as Exhibit H, satisfactory to the Lenders.
In addition, no Locked-up Shareholder may transfer Subject Shares to a Permitted Shareholder Transferee during the period following the Pricing Date and prior to the end of the Final Sale Period unless such Permitted Shareholder Transferee accedes to the Registration Rights Agreement.
Nothing in this Section 10 shall prevent any Person from acceding to this Agreement as a Holder in accordance with the terms of the Shareholders’ Agreement and the Company shall promptly execute and accept such accession by Joinder with each Permitted Shareholder Transferee.
A "Permitted Shareholder" means a holder, as of the date of this Agreement, of voting capital stock of the Company.
Additionally, notwithstanding the above, no change in an adopted Budget shall be contrary to the terms and spirit of this Agreement nor shall it have any effect on the Management Fee or Permitted Shareholder Expenses expressly agreed to herein, unless approved in advance in writing by the Parties hereto.

More Definitions of Permitted Shareholder

Permitted Shareholder means (a) Alden Global Capital; Attestor Capital LLP; ▇▇▇▇▇▇▇▇ Capital Management, LP; Boussard & Gavaudan Asset Management, LP; Contrarian Capital Management, L.L.C.; Third Point LLC; with respect to any of the foregoing, its Affiliates and funds, entities, accounts or partnerships managed, advised or sub-advised by it or its Affiliates; and any group (within the meaning of Rules 13d-3 and 13d-5 under the Exchange Act) of which any of the foregoing are members; provided that, without giving effect to the existence of such group or any other group, the foregoing collectively beneficially own (as such term is defined in Rule 13d-3 and Rule 13d-5 under the Exchange Act), directly or indirectly through one or more intermediaries, more than 50% of the voting power of the outstanding Voting Stock of the Company and (b) any person who is acting as an underwriter in connection with a public or private offering of Capital Stock of the Company, acting in such capacity. Any Person or group whose acquisition of beneficial ownership constitutes a Change of Control in respect of which a Change of Control Offer is completed in accordance with the requirements of the Indenture will thereafter, together with its Affiliates, constitute an additional Permitted Shareholder.

Permitted Shareholder means a Person whose Beneficial Ownership (together with all Affiliates and Associates of such Person) of 4.9% or more of the then-outstanding shares of Common Stock and Special Common Stock, taken as a whole will not, as determined by the Company’s Board of Directors in its sole discretion, jeopardize or endanger the availability to the Company of any Tax Benefit, provided, however, that such a Person will cease to be a Permitted Shareholder if the Board makes a contrary determination in its sole discretion with respect to the effect of such Person’s Beneficial Ownership (together with all Affiliates and Associates of such Person) of Common Stock and/or Special Common Stock, regardless of the reason therefor.

Permitted Shareholder means (i) any Person or Persons acting in concert holding directly or indirectly as at the Issue Date more than 7.5 per cent. of the voting rights exercisable in the ordinary shareholders meeting of the Issuer and (ii) the Management Shareholders.

Permitted Shareholder means, at all times when the Corporation has made an election pursuant to Section 1362 of the Code and is an “S corporation,” a person permitted to be a shareholder of an S corporation under Section 1361(b)(1)(a) of the Code, or successor provision.

Permitted Shareholder means:

Permitted Shareholder means a holder, as of the date of this Agreement, of more than 20% of ENStar Inc. Common Stock then Outstanding or, in the case of the Company, any affiliate of ENStar Inc..

Permitted Shareholder means a holder, as of the date the Plan was adopted by Curative Holding, of Common Stock;