Q Shares definition

Q Shares means the Q shares of US$1.00 each in the capital of the Company; “Register of Members” means the Company’s register of members as at 30 September 2020 in the form attached to an email from the Company’s Solicitors to the Investor’s Solicitors at 1.58p.m. on 30 September 2020 with the title “Echo – Ark Statutory Books”; “Regulatory Authorisation” means any consent, authorisation, licence, permit, approval or waiver from any Regulatory Authority that is necessary for the carrying on of the business of each Group Company in the manner that it is carried on at the date of this Agreement;
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Q Shares means the Q shares of US$1.00 each in the capital of the Company; “Register of Members” means the Company’s register of members as at 30 September 2020 in the form attached to an email from the Company’s Solicitors to the Investor’s Solicitors at 1.58p.m. on 30 September 2020 with the title “Echo – Ark Statutory Books”; “Regulatory Authorisation” means any consent, authorisation, licence, permit, approval or waiver from any Regulatory Authority that is necessary for the carrying on of the business of each Group Company in the manner that it is carried on at the date of this Agreement; “Regulatory Authority” means the PRA, the FCA, the BMA, Lloyd’s and such other governmental or regulatory authorities that have responsibility for regulating the Group; “Regulatory Conditions” means each of the conditions listed in paragraphs 1 and 2 of Schedule 5; “Related Person” means: (i) a person that, directly or indirectly, is Controlled by one or more Existing Shareholders (and for these purposes “Control” shall mean the possession, directly or indirectly, of the power to direct the management and policies 10
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Examples of Q Shares in a sentence

  • A special meeting shall be held at a time and place determined by (i) the Board of Directors in its sole discretion if the Board of Directors has called such special meeting, or (ii) by the Class Q Members holding a majority of the outstanding Class Q Shares in their sole discretion if the Class Q Members have called such special meeting, in either case on a date not less than 10 days nor more than 60 days after notice of the meeting is given.

  • An officer of the Company may be removed from office with or without cause at any time by either (i) the Board of Directors or (ii) Class Q Members holding a majority of the outstanding Class Q Shares.

  • Class Q Members holding a majority of the outstanding Class Q Shares have additional authority over the number of Directors on the Board of Directors, as provided in Section 7.3(b).

  • Except as otherwise required by law and subject to the rights of the holders of any Class of Shares, special meetings of the Members or any Class thereof for any purpose or purposes may be called at any time only by or at the direction of (i) the Board of Directors or (ii) Class Q Members holding a majority of the outstanding Class Q Shares.

  • Directors shall be appointed by Class Q Members holding a majority of the outstanding Class Q Shares.

  • The number of Directors may be increased or decreased from time to time by Class Q Members holding a majority of the outstanding Class Q Shares.

  • Subject to Sections 7.2(a), 7.3 and 17.2 of this Agreement, this Agreement may be amended, at any time and from time to time, by the Board of Directors with the consent of Class Q Members holding a majority of the outstanding Class Q Shares.

  • A prospective EQT Member shall be admitted to the Company as a Class E Member, Class Q Member, Class T Member and/or Class H Member, as applicable, effective as at such time as determined by the Company; provided, however, that the admission of a new Class Q Member shall require the approval of Class Q Members holding a majority of the outstanding Class Q Shares.

  • One or more additional members of the Company may be admitted to the Company, and Class Q Shares issued to such additional members, with the written consent of the Sole Member.

  • The Sole Member may be issued such number of additional Class Q Shares in consideration for any such additional capital contributions as determined by the Sole Member.