Retiring Shareholder definition

Retiring Shareholder means and includes: (i) A Shareholder who, white an Employee, reaches the age of 64 years, whether or not he subsequently ceases to be an Employee; and (ii) An Employee’s Corporation whose Employed Representative, while an Employee, reaches the ago of 64 years, whether or not he subsequently ceases to be an Employee.
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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.
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Retiring Shareholder means a Shareholder who makes or intends to make a Final Disposal. 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.

  • 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 Proposed Retiring Shareholder Supervisors and External Supervisors will cease to serve as shareholder Supervisors and external Supervisors of the Bank from the date when the Supervisors of the seventh session of the Board of Supervisors officially take office.

  • The Retiring Shareholder shall assume and control the defense with respect to any such Indemnity Claim or action with counsel to be chosen by him.

  • 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.

  • Other Supervisors of the sixth session of the Board of Supervisors (collectively, the “Proposed Retiring Shareholder Supervisors and External Supervisors”) will not seek re-election as shareholder Supervisors and external Supervisors upon expiry of their term of office as Supervisors.

  • An employee whose scheduled overtime is canceled by the City with less than eight (8) hours of notice will receive two (2) hours of straight time pay at the employee’s base pay rate.

  • 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.

  • 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.

  • The Kutta condition is the usual strategy for determining the circulation in aerodynamic applications (Eldredge 2019).


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 out in Section 6.1; and

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

  • 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.

  • 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.

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • 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 any Company Shareholder who has properly exercised its Dissent Rights and has not withdrawn or been deemed to have withdrawn such Dissent Rights;

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • 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).

  • 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 means registered Shareholders who validly exercise the rights of dissent provided to them under the Interim Order;

  • 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).

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • 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.