Purchasing Shareholders definition

Purchasing Shareholders has the meaning assigned in subsection (a) of Clause 5.04 hereof.
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Purchasing Shareholders means any Offered Shareholder electing to purchase shares of Stock offered for sale pursuant to an Offer Notice.
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Purchasing Shareholders means Institutions where Institutions may elect to exercise rights of first refusal under Section 3 hereof. However, if Institutions are Selling Shareholders, then such Selling Shareholder shall not be considered a Purchasing Shareholder.
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Examples of Purchasing Shareholders in a sentence

  • The Purchasing Shareholder(s)' purchase of the underlying obligation from the Pledgee shall be effective upon delivery of a purchase notice by the Purchasing Shareholder(s) to the Pledgee, and such purchase shall not require the Pledgee's consent.

  • Notwithstanding the foregoing, the Initial Shareholders may only exercise their rights under this Section 3.02 to purchase the Offered Shares if, after giving effect to all elections made under this Section 3.02(d), no less than all of the Offered Shares will be purchased by the Purchasing Shareholders.

  • Concurrently with such purchase of the underlying obligation (or portion thereof), the Third-Party Pledge Agreement shall be automatically assigned to the Purchasing Shareholder(s).

  • For the avoidance of doubt, if the Purchasing Shareholder(s) exercise their right to purchase the underlying obligation hereunder, the Purchasing Shareholder(s) shall be obligated to purchase, and the Pledgee shall be obligated to sell, the underlying obligation in whole and not in part; provided that, if there is more than one Purchasing Shareholder, the purchase of such underlying obligation shall be apportioned among the Purchasing Shareholders in accordance with the immediately preceding sentence.

  • Completion of the Transfer of the Offered Ordinary Shares to the third party transferee(s) set forth in the First Transfer Notice (and if applicable, the Purchasing Shareholders) shall occur no later than the later of (i) thirty (30) days after the receipt of the Second Transfer Notice or (ii) the determination of the value of the shares by an independent appraiser pursuant to Sections 4.2(d)(iii) and 4.2(d)(iv).

  • Notwithstanding the foregoing, the Shareholders may only exercise their rights under this Section 3.02 to purchase the Offered Shares if, after giving effect to all elections made under this Section 3.02(d), no less than all of the Offered Shares will be purchased by the Purchasing Shareholders.

  • Each Purchasing Shareholder shall have fifteen (15) Business Days from the date of receipt of the Second Transfer Notice to purchase up to that portion of the Remaining Shares equal to the proportion that the number of Ordinary Shares held by such Purchasing Shareholder bears to the total number of Ordinary Shares held by all Purchasing Shareholders who wish to purchase the Remaining Shares by giving Notice to the Selling Shareholder ("Second Purchase Notice").

  • The Notice of Purchase as established in Clause 5.05 above shall entail the execution of an Agreement for the Purchase and Sale of the Offered Shares, for the Price, by and between the Selling Shareholder, as party of the first part, and the Purchasing Shareholder/s, as party of the second part.

  • The Purchasing Shareholders' obligation to consummate such purchase shall be conditioned upon the Selling Holder's delivery of original share certificates representing the Family Shares to be sold, together with customary representations and warranties and instruments of conveyance, so that the Purchasing Shareholders take title to such shares free of all liens and encumbrances.

  • If all of the Non-Selling Shareholders decide to exercise their respective Preemptive Rights (hereinafter referred to as the “Purchasing Shareholders”), the Offered Shares shall be distributed in proportion to their respective Corporate Shareholdings, excluding from the respective distribution the proportion corresponding to any of the Parties who are not Purchasing Shareholders.


More Definitions of Purchasing Shareholders

Purchasing Shareholders herein) are hereby granted the right of first refusal with respect to any proposed sale or other transfer of the Shares so acquired (to be hereinafter called the "Purchased Shares") by the Optionee. For purposes of this Section 8, the term "transfer" shall include any assignment, pledge, encumbrance or other disposition for value of the Purchased Shares, but shall not include (i) a gratuitous transfer of the Purchased Shares made to the Optionee's spouse, parents, siblings, or issue, or a trust for the benefit of any such persons, or (ii) a transfer of title to the Purchased Shares pursuant to the Optionee's will or the laws of intestate succession.
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Purchasing Shareholders has the meaning given in paragraph 2.8 of Schedule 3; QUALIFYING CORPORATE CAPITAL means all corporate capital of the Company acquired pursuant to clauses 2.1, 2.2 and 13.3(a);
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Purchasing Shareholders means any person (including, for example, any individual or legal entity, investment fund, condominium, securities portfolio, universality of rights, or other organization, residing, domiciled or headquartered in Brazil or abroad), or group of people bound by a vote agreement with the Purchasing Shareholders and/or representing the same interest of the Purchasing Shareholders, that may subscribe and/or acquire stocks from the Company. Including, amongst the examples of a person representing the same interest of the Purchasing Shareholders, any person (i) direct or indirectly controlled or administered by such Purchasing Shareholders; (ii) controlling or administering, in anyway, the Purchasing Shareholders; (iii) whether, direct or indirectly, controlled or administered by any person controlling or administering, direct or indirectly, such Purchasing Shareholders; (iv) in which controlling company of such Purchasing Shareholders holds, direct or indirectly, a corporate interest equal to or higher than 30% of the capital stock; (v) in which such Purchasing Shareholders holds, direct or indirectly, a corporate interest equal to or higher than 30% of the capital stock; or (vi) holds, direct or indirectly, a corporate interest equal to or higher than 30% of the capital stock of the Purchasing Shareholders.
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Purchasing Shareholders herein) shall have the option to acquire (hereinafter referred to as the "Reconveyance Option") from Purchaser all, but not less than all (unless Purchaser consents), of the Shares subject to the Reconveyance Option on the following basis:
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Purchasing Shareholders has the meaning given that term in Section 3.1(b)(ii).
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Related to Purchasing Shareholders

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

  • Company Shareholders means holders of Company Shares.

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Principal Shareholders means Xxxx Xxxxxxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxx, Xxxxx Xxxxxxxxxx, Xxxxxxx Xxxxx and Xxxx Persons.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Ordinary Shareholders means the holders of Ordinary Shares;

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Transferring Shareholder has the meaning set out in Section 6.1; and

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 6,000,000 warrants (or 6,600,000 warrants if the over-allotment option is exercised in full) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,000,000 (or $6,600,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

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

  • Target Shareholders means the holders of Target Shares;

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Key Holders means the persons named on Schedule B hereto, each person to whom the rights of a Key Holder are assigned pursuant to Subsection 3.1, each person who hereafter becomes a signatory to this Agreement pursuant to Subsection 6.9 or 6.17 and any one of them, as the context may require.

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Scheme Shareholders means the registered holders of Scheme Shares at the relevant time.

  • Class A Shareholder means a holder of Class A Shares;

  • Company Shareholder means a holder of Company Shares.

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.