Promoter Seller definition

Promoter Seller means, the existing promoters and members of the promoter and promoter group of the Target Company namely being, Kuldeep Kumar Sethia and Jain Commodity Broking Pvt. Ltd.
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Promoter Seller means Blackstone FPCapital Partners (Mauritius) V-BSubsidiary Ltd.
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Promoter Seller. / ‘Seller’ means Mr. Harish Veerappa Kanchan, promoter of HCKK Ventures Limited
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Examples of Promoter Seller in a sentence

  • Further, no penalties had been or have been levied by SEBI/ RBI or any other regulatory body against the Target Company and its Promoters, including existing Promoter Seller, and its directors and/or key managerial personnel.

  • As on date of this Draft Letter of Offer, there are no directions subsisting or proceedings pending against the Target Company and its Promoters, including existing Promoter Seller, and its directors and key managerial personnel, under the SEBI Act and the regulations made thereunder or by any other regulator.

  • The Offer is being made to all the registered and unregistered Public Shareholders of the Target Company who own the Equity Shares at any time prior to the closure of Tendering Period, including the beneficial owners of the Equity Shares held in dematerialised form and physical form, except Acquirers and Promoter Seller including persons deemed to be acting in concert with them in terms of Regulation 7(6) of SEBI (SAST) Regulations, 2011.

  • Pursuant to this Offer and the transactions contemplated in the Share Purchase Agreement, the Acquirers shall become the Promoters of the Target Company and, the Promoter Seller will cease to be the promoters of the Target Company in accordance with the provisions of Regulation 31A (10) of the SEBI (LODR) Regulations.

  • The details of the Promoter Seller are as stated hereunder: Sr. No *The difference, if any, in the percentage is due to rounding-off.

  • As on date of this Letter of Offer, there are no directions subsisting or proceedings pending against the Target Company and its Promoters, including existing Promoter Seller, and its directors and key managerial personnel, under the SEBI Act and the regulations made thereunder or by any other regulator.

  • Promoter/ Seller to do: The Promoter/ Seller hereby covenant that the Promoter/ Seller or any person claiming under them, shall and will from time to time and at all times hereafter, upon every request and at the cost of the Purchaser/s and/or successors- in-interest of the Purchaser/s, do and execute or cause to be done and executed all such acts, deeds and things for further or more perfectly assuring the title of the Purchaser/s to the Said Apartment.

  • Upesh Bhavani (PAC 4), has agreed to acquire the entire shareholding of Mr. Pratapsinh Gaekwad (one of the Promoter Seller of Target Company and shareholder of Kanchenjunga Texturisers Private Limited) being 100 (Hundred) equity shares representing 10.00% (Ten Percent) of the voting share capital of Kanchenjunga Texturisers Private Limited through off-market transaction.

  • Pursuant to the completion of acquisition of its entire shareholding by Acquirer as contemplated under the SPA dated June 29, 2022, the Acquirer shall be classified and will become the Promoter of the Target Company and the Outgoing Promoter/ Seller shall be declassify as the ‘Promoter’ of the Target Company, subject to receipt of necessary approvals required in terms of Regulation 31A of the SEBI (LODR) Regulations and the satisfaction of conditions prescribed therein.

  • If the Purchaser/s let out or sell the Said Apartment, the Purchaser/s shall immediately notify the Promoter/ Seller/ Facility Manager/the Association (upon formation) of the tenant’s/transferee’s address and telephone number.


More Definitions of Promoter Seller

Promoter Seller or “Selling Shareholder” shall mean Dheeraj Shah, promoter of the Target Company.
Sample 1
Promoter Seller or “Selling Shareholder” shall mean Ruchir Mittal, promoter of the Target Company.
Sample 1
Promoter Seller means Mr. Machchhar Yogendra Harilal,
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Promoter Seller means Mrs. Sucheta Sidharth Talati that have entered into SPA (as defined below)
Sample 1

Related to Promoter Seller

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • Seller has the meaning set forth in the Preamble.

  • Purchaser means the organization purchasing the goods.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Contributor means Licensor and any individual or Legal Entity on behalf of whom a Contribution has been received by Licensor and subsequently incorporated within the Work.

  • Retail seller means any person that sells any dangerous drug to consumers without assuming control over and responsibility for its administration. Mere advice or instructions regarding administration do not constitute control or establish responsibility.

  • Buyer has the meaning set forth in the preamble.

  • Model 4 seller means a seller that is registered under the agreement and is not a model 1 seller, model 2 seller, or model 3 seller.

  • The Vendor means the person, firm, company or organization on whom the Purchase Order is placed and shall be deemed to include the vendor’s successors, representative heirs, executors and administrator as the case may be. It may also be referred to as Seller, Contractor or Supplier.

  • Model 1 seller means a seller registered under the agreement that has selected a certified service provider as the seller's agent to perform all of the seller's sales and use tax functions for agreement sales and use taxes other than the seller's obligation under Section 59-12-124 to remit a tax on the seller's own purchases.

  • Primary Seller means the Seller whose Bid City selected as the principal supplier of the Goods and/or Services required under this Agreement.

  • Seller Parent has the meaning set forth in the Preamble.

  • Contributors has the meaning set forth in the introductory paragraph hereto.