Retiring Shareholder definition

Retiring Shareholder means and includes:
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Retiring Shareholder has the meaning given to that expression in Article 10.4; and "shareholder" means the holder of a share or shares in the Company. 2.3. References in these articles to writing include references to any method of representing or reproducing words in a legible and non-transitory form. 2.4. Headings are for convenience only and shall not affect construction. 2.5. If, and for so long as, the Company has only one member, these articles shall (in the absence of any express provision to the contrary) apply with such modification as may be necessary in relation to such a company. 3. Share Capital The authorised share capital of the Company at the date of adoption of this article is (POUND)100 divided in 100 shares of (POUND)1 each. 4.
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Retiring Shareholder means a Shareholder who makes or intends to make a Final Disposal. Shareholders’ Deed page 5 Schedule means a schedule to this deed. Secretary means the company secretary of the Company. Shareholder means each of the First Shareholder and the Second Shareholder and any other person that executes a Deed of Accession and holds Shares from time to time in accordance with this deed. Shareholders’ Meeting means a duly constituted meeting of Shareholders at which a quorum is present. Shares mean the ordinary shares in the capital of the Company as consolidated, subdivided or reduced from time to time.
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Examples of Retiring Shareholder in a sentence

  • All costs and expenses of such transfer shall be for the account of the Retiring Shareholder.

  • It is a condition precedent to completion of a Final Disposal that the Retiring Shareholder must cause any person appointed by it (if any) as a Director to resign from office releasing the Company from all liability in relation to that office except for liability that has accrued prior to the date of that resignation.

  • In consideration of Shares being [issued/transferred] to the New Shareholder [by the Retiring Shareholder], upon the execution of this deed, the New Shareholder is to be added as a Party to the Shareholders’ Deed as a Shareholder and is bound by the provisions of the Shareholders’ Deed as if it had been signatory to the Shareholders’ Deed.

  • If a Retiring Shareholder shall fail or refuse to transfer any Shares in accordance with its obligations under paragraph 10.3, the Directors may authorise MRASCO to execute and deliver a transfer from the Retiring Shareholder to a nominee on behalf of the Retiring Shareholder.

  • If any shareholder ceases to be a party for any reason (the "Retiring Shareholder"), then upon written notice to the Retiring Shareholder by any other shareholder, the Retiring Shareholder shall transfer at par to a nominee for all the shareholders (other than the Retiring Shareholder) selected by the Directors the Share held by the Retiring Shareholder.

  • MRASCO may accept the consideration for the transfer and hold it on trust for the Retiring Shareholder, which acceptance shall be a good discharge to the nominee and may set off such amount against the costs and expenses of the transfer.

  • If any Shareholder ceases to be a party for any reason (the "Retiring Shareholder"),then upon written notice to the Retiring Shareholder by any other Shareholder, the Retiring Shareholder shall transfer at par to a nominee for all the Shareholders (other than the Retiring Shareholder) selected by the Directors the Share held by the Retiring Shareholder.

  • The parties agree that, on and from the Effective Date, the Retiring Shareholder shall be discharged from its obligations under the Shareholders Undertaking without prejudice to any obligations accrued before that date.

  • The Company may accept the consideration for the transfer and hold it on trust for the Retiring Shareholder, which acceptance shall be a good discharge to the nominee and may set off such amount against the costs and expenses of the transfer.


More Definitions of Retiring Shareholder

Retiring Shareholder means a Shareholder who makes or intends to make a Final Disposal. Schedule means a schedule to this deed.
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Related to Retiring Shareholder

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

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

  • Existing Shareholders has the meaning set forth in the preamble.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Defaulting Shareholder has the meaning set out in clause 16.7;

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • 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.

  • Class A Shareholder means a holder of Class A 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.

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • 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.

  • Dissenting Shareholder means a registered Company Shareholder who has duly and validly exercised its Dissent Rights in accordance with the YBCA and the terms of the Interim Order and has not withdrawn or been deemed to have withdrawn such exercise of Dissent Rights, but only in respect of the Company Shares in respect of which Dissent Rights are validly exercised by such registered Company Shareholder in accordance with the YBCA and the terms of the Interim Order;

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • right holder means a person or a legal entity that was previously granted or lawfully acquired a fishing right or which will be granted a right in the allocation process envisaged in this Policy.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • Dissenting Shareholders has the meaning set forth in Section 3.3.

  • Preferred Shareholder means any holder of Preferred Shares.

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

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

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

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

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

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.

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