Shareholder definition
Examples of Shareholder in a sentence
No Limited Shareholder shall have priority over any other Limited Shareholder either as to the return of capital or as to profits, losses or distributions.
Shareholder B hereby agrees that, in any and all election of directors of the Company, Shareholder B shall vote all Share(s) now or hereafter owned, to cause and maintain the election of all member(s) of the board of directors of the Company as shall be nominated by Shareholder A.
No Limited Shareholder shall have the right to bring an action for partition against the Trust or a Fund.
The death, legal disability, bankruptcy, insolvency, dissolution, or withdrawal of any Shareholder (as long as such Shareholder is not the sole Shareholder of the Trust) shall not result in the termination of the Trust or any Fund, and such Shareholder, his estate, custodian or personal representative shall have no right to withdraw or value such Shareholder’s Shares.
If an amount required to be withheld was not withheld, the Fund may reduce subsequent distributions to such Limited Shareholder by the amount of such required withholding.