Selling Shareholder definition

Selling Shareholder has the meaning set forth in Section 3.04(a).

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Selling Shareholder means the Investor and each person, if any, who controls the Investor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act;

Selling Shareholder has the meaning ascribed to such term in Section 5.4(b).

Examples of Selling Shareholder in a sentence

• As regards Section 18.1(i)(A) above, benefits received by the Selling Shareholder shall be deemed to be equal to the total proceeds (before deducting expenses) received by them from the offering of the Securities purchased by the Underwriter from the Selling Shareholder, and benefits received by the Underwriter shall be deemed to be equal to the total Underwriting Fee received from the Selling Shareholder.

• The Class A Ordinary Shares being offered by the Selling Shareholder are those previously issued to the Selling Shareholder, and those issuable to the Selling Shareholder, upon conversion of the Convertible Note.

• The Underwriter shall inform the Company and the Selling Shareholder if the offering price to the public is decreased.

• The Company (and the Selling Shareholder with respect to Selling Shareholder Matters) shall in good faith discuss with the Underwriter any fact or change in circumstances which is of such a nature that there is reasonable doubt whether written notice need be given under this Section 11.

• At the Closing Time, the Selling Shareholder shall duly deliver the Securities to the Underwriter in the form of an electronic deposit pursuant to the non-certificate issue system (the “NCI System”) maintained by CDS Clearing & Depository Services Inc.

More Definitions of Selling Shareholder

Selling Shareholder has the meaning set forth in the preamble.

Selling Shareholder has the meaning set forth in Section 6.1.

Selling Shareholder means any Shareholder owning Registrable Shares included in a Registration Statement.

Selling Shareholder has the meaning given to such term in Section 8.3(a);

Selling Shareholder or “Selling Shareholders” shall have the meaning given to such term in the Preamble;

Selling Shareholder shall have the meaning set forth in Section 2.2(a).

Selling Shareholder shall include the Investor, officers, directors, trustees, or any affiliate of such Investor and each person, if any, who controls the Selling Shareholder within the meaning of the Securities Act;