Released Shareholders definition

Released Shareholders. Persons” means Shareholders, Shareholders’ Counsel, all other current WWE shareholders (solely in their capacity as WWE shareholders), and their respective current and former parents, affiliates, subsidiaries, officers, directors, agents, successors, predecessors, assigns, assignees, partnerships, partners, trustees, trusts, employees, immediate family members, insurers, reinsurers, and attorneys, provided however, that the term "Released Shareholders' Persons" shall not include any Defendants' Released Persons in their capacity as WWE shareholders.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Released Shareholders. Claims” means any and all claims and causes of action of every nature and description, whether known claims or Unknown Claims, whether arising under federal, state, common, or foreign law, that (i) were or could have been asserted by Shareholders or any other WWE shareholder derivatively on behalf of WWE, or by WWE directly, and (ii) arise out of or relate to the allegations, transactions, facts, matters, disclosures, or non-disclosures set forth in, or the defense of, the Federal Actions, the Delaware Actions, or the Litigation Demands, including all claims relating to the Board’s and DRC’s responses to the Litigation Demands and the books-and-records claims asserted by Plaintiff Bernard Leavy. The Released Shareholders’ Claims do not include: (i) claims to enforce the Settlement; (ii) claims that were settled in the federal securities action, titled City of Warren Police and Fire Retirement System v. World Wrestling Entertainment, Inc., et al., Case No. 1:20-cv-02031-JSR (S.D.N.Y.); (iii) any direct claims of WWE shareholders, except for the books-and-records claims asserted by Plaintiff Bernard Leavy; and (iv) all claims, rights, or obligations of WWE or the individual Defendants regarding indemnification, advancement, contribution, or insurance or reinsurance matters.

Examples of Released Shareholders in a sentence

In the event the conditions as set out in Section 5 hereof have been fulfilled, the Released Shares owned by the Released Shareholders as set out in the table below shall be released from Pool and returned to such Released Shareholder in accordance with Section 6 hereof: Released Shareholder Number of Released Shares 706166 Alberta Ltd.
In the event the conditions in section 5 hereof have been fulfilled then the 6,000,000 Cancellation Shares shall be released from Pool and surrendered by the Released Shareholders to ALRT for cancellation in the numbers set out opposite their names in Schedule "D" attached to this Agreement.
Conditions In the event the following conditions have been fulfilled, the Released Shares shall be held by the Trustee and released from Pool to the Released Shareholders in accordance with Section 6 hereof: 103 (a) pursuant to an offer to purchase (the "Offer") by ALR Technologies Inc.

More Definitions of Released Shareholders

Released Shareholders means those holders of the Existing Shares as of the Filing Date who are listed on Schedule “C”, in their capacity as holders of Existing Shares.

Released Shareholders means those Shareholders who are the registered and beneficial owners of the 8,000,000 Released Shares in the amounts set out opposite their names in Section 4 hereof; and

Released Shareholders means, in the event that Intercap arranges for a release of their obligations under the Intercap Lock-up Agreements, any of the Shareholders, other than Intercap, that are released, on a pro rata basis with Intercap, from their obligations under their respective Lock-Up Agreements on the same terms as Intercap;