Qualified Shareholder definition

Qualified Shareholder means any Holder that, together with its Affiliates, beneficially owns at least 3% of the Company Shares.

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Qualified Shareholder means a person or group of persons acting together that satisfies the following requirements:

Qualified Shareholder means: (a) the registered holder of a Class B1 Common Share; (b) the initial registered holder of any Class B1 Common Shares that are originally issued by the Company pursuant to the exercise or conversion of options or warrants or other equity awards for Class B1 Common Shares; (c) each natural person who Transferred Class B1 Common Shares or equity awards therefor (including any option or warrant exercisable or convertible into Class B1 Common Shares) to a Permitted Entity that is or becomes a Qualified Shareholder; and (d) a Permitted Transferee.

Examples of Qualified Shareholder in a sentence

If any Participating Shareholder that is a Qualified Shareholder so requests, an offering of Registrable Securities pursuant to a Demand Registration shall be in the form of an Underwritten Offering.
The Qualified Shareholder shall advise the Secretary of the Trust in writing of any change in the information set forth in the notice promptly after the occurrence of such change.
Each Qualified Shareholder of Common Shares, any Permitted Transferee of such Qualified Shareholder or any Transferee of twenty-five percent (25%) or greater of the Common Shares issued by the Company to such Qualified Shareholder at the Closing may, from time to time, sell any or all of their securities covered hereby on the Nasdaq Capital Market or any other stock exchange, market or trading facility on which the securities are traded or in private transactions.
Each Qualified Shareholder has informed the Company that it does not have any written or oral agreement or understanding, directly or indirectly, with any person to distribute the securities.
In addition, each Qualified Shareholder will be subject to applicable provisions of the Exchange Act and the rules and regulations thereunder, including Regulation M, which may limit the timing of purchases and sales of the Common Shares by each Qualified Shareholder or any other person.

More Definitions of Qualified Shareholder

Qualified Shareholder has the meaning set forth in Section 5.08.

Qualified Shareholder means: (a) the Founders; (b) the record holder of a share of Class B Common Stock as of the date of an Initial Public Offering; (c) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the date of an Initial Public Offering pursuant to the exercise or conversion of any Option or Convertible Security that, in each case, was outstanding as of the date of an Initial Public Offering; and (d) a Permitted Transferee.

Qualified Shareholder means an Person who holds a minority interest in a Core Subsidiary, provided that S&P and Mood▇'▇ ▇▇▇firmed that, at the time of such Person's acquisition of such interest in the Core Subsidiary, such acquisition and any transactions related thereto did not result in a downgrade of the then current ratings of the Certificates.

Qualified Shareholder means an Entitled Shareholder who is either (i) resident in a Qualified Jurisdiction or

Qualified Shareholder means: (a) the registered holder of a Class B Common Share; (b) the initial registered holder of any Class B Common Shares that are originally issued by the Company pursuant to the exercise or conversion of options or

Qualified Shareholder means Kestrel Intermediate ▇▇▇▇▇▇▇▇▇ Holdings LLC (“▇▇▇▇▇▇▇▇▇”) and AmTrust Financial Services, Inc. (“AmTrust”) and any Permitted Transferee of ▇▇▇▇▇▇▇▇▇ or AmTrust or to a Transferee of twenty-five percent (25%) or greater of the Common Shares issued by the Company to each of ▇▇▇▇▇▇▇▇▇ or AmTrust, respectively, at the Closing.

Qualified Shareholder means each Person that holds Common Shares issued upon conversion of the Notes, including for the avoidance of doubt direct and indirect transferees thereof.