Purchasing Shareholder definition

Purchasing Shareholder has the meaning set forth in Section 3.02(d).

Purchasing Shareholder means, in the case of a same Business Day Purchase Order and Redemption Request as described in Section 3.04, the Participant (in the case of a Purchase Order that is placed for the Participant’s own beneficial interest) or Participant Client (in the case of a Purchase Order that is placed for the Participant Client’s beneficial interest).

Purchasing Shareholder means any person, including, but not limited to, any individual or entity, investment fund, joint ownership scheme, securities portfolio, universality of rights, or other form of organization, residing, domiciled or with registered office in Brazil or abroad, or a Group of Shareholders, who purchase shares of the capital stock of the Corporation, whether or not representing a Controlling Power.

Examples of Purchasing Shareholder in a sentence

• The Purchasing Shareholder shall immediately pay any insurance proceeds received by the Purchasing Shareholder after the Time of Closing under any Insurance Policy as a consequence of the Critically Ill Shareholder becoming Critically Ill to the Critically Ill Shareholder on account of the amount owing on the Promissory Note referred to in Subsection 6.3(b).

• Upon receipt of the Call Option by the Vendor, the Purchasing Shareholder shall be obligated to purchase from the Vendor and the Vendor shall be obligated to sell to the Purchasing Shareholder, all of the Common Shares owned by the Deceased Shareholder as at the date of such Deceased Shareholder’s death, upon the terms and conditions hereinafter set forth.

• Any application for Governmental Approval shall be the sole responsibility of the Purchasing Shareholder which shall also be responsible for all costs and expenses incurred in connection with the application.

• The other Shareholders and the Corporation shall use reasonable efforts to cooperate with the Purchasing Shareholder in any application for Governmental Approval.

• The other Shareholders and the Corporation shall use reasonable efforts to co-operate with the Purchasing Shareholder in any application for Governmental Approval, and the other Shareholders shall be reimbursed for any reasonable expenses incurred in connection with the Governmental Approval if the purchase of the Shares does not close.

More Definitions of Purchasing Shareholder

Purchasing Shareholder has the meaning specified in Section 4.8(b)(ii).

Purchasing Shareholder has the meaning specified in Section 4.05(b).

Purchasing Shareholder means any Common or Preferred Shareholder purchasing Shares, for whatever reason, in accordance with this Agreement;

Purchasing Shareholder shall have the meaning specified in Section 10.5.

Purchasing Shareholder has the meaning specified in Section 7.5.

Purchasing Shareholder shall have the meaning provided in Section 8.1(a).

Purchasing Shareholder has the meaning set forth in clause 16.8(c)(i); Put Instruments has the meaning set forth in clause 16.9(a);