Selling Shareholders definition

Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have the Initial Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Initial Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Initial Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Initial Registration Statement.

Selling Shareholders has the meaning set forth in Section 5.6(a)(i).

Selling Shareholders shall have the meaning given to such term in the Preamble;

Examples of Selling Shareholders in a sentence

• The Selling Shareholders agree that it shall reimburse the Company, by deduction of amounts lying to the credit of the Public Offer Escrow Account in the manner set out in the cash escrow and sponsor bank agreement, for all expenses undertaken by the Company on their behalf in relation to the Offer in proportion to the Equity Shares offered by each of them as part of the Offer.

• Allocation to Anchor Investors, if any, shall be made on a discretionary basis by the Company and the Selling Shareholders in consultation with the BRLMs, in accordance with Applicable Law.

• The Parties agree that in case of under-subscription in the Offer, Equity Shares up to 90% of the Fresh Issue (“Minimum Subscription”) will be issued prior to the sale of Equity Shares in the Offer for Sale, provided that post satisfaction of the Minimum Subscription, Equity Shares will be Allotted under the Offer for Sale in proportion to the Offered Shares being offered by the Selling Shareholders.

• The Selling Shareholders shall communicate its written consent to the above-mentioned Offer terms separately to the Company.

• The members of the Syndicate shall not be liable to refund any amounts paid as fees, commissions, reimbursements, out-of-pocket expenses or expenses specified under this Agreement if the termination of this Agreement occurs as a result of any act or omission of the Company or its respective Affiliates, the Selling Shareholders with respect to the Offered Shares.

More Definitions of Selling Shareholders

Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

Selling Shareholders shall have the meaning specified in the introductory paragraph of the Agreement.

Selling Shareholders means any shareholder of the issuer who is offering for sale the specified securities in a public issue in accordance with these Regulations;

Selling Shareholders means a holder of Registrable -------------------- Securities who requests Registration under Section 2 herein.

Selling Shareholders has the meaning assigned to such term in Section 2.3(a).

Selling Shareholders has the meaning set forth in Section 4.4(a).

Selling Shareholders means the persons named on Schedule II to the U.S. Underwriting Agreement and the International Underwriting Agreement.