Shareholder Demand definition

Shareholder Demand means any written demand by one or more shareholders of the Insured Entity upon the board of directors of any Insured Entity to bring a civil proceeding in a court of law against any Insured Person for a Wrongful Act provided such demand is brought without the assistance, participation or solicitation of any Executive. SINGLE LOSS
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Shareholder Demand means a written demand made upon the board of directors or any management committee of an Insured Company by a security holder of the Insured Company to bring suit against an Insured Person for a Wrongful Act.
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Shareholder Demand means the litigation demand letter sent by the Shareholder on June 1, 2018 and the document request made by the Shareholder on April 3, 2019.
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Examples of Shareholder Demand in a sentence

  • Provided, however, this exclusion shall not apply to a Securities Claim or Shareholder Demand brought by or on behalf of a security holder of the Insured Company solely in his/her/its capacity as such, provided that such Claim is instigated and continued totally independent of, and totally without the solicitation of, or assistance of, or active participation of, or intervention of, any Insured.

  • Payment of Shareholder Demand Investigation Costs or Regulatory Interview Costs, or in respect of JOBS Act Claims by the Insurer shall reduce the Limit of Liability.

  • SHAREHOLDER DEMAND Shareholder Demand means any written demand by one or more shareholders of the Insured Entity upon the board of directors of any Insured Entity to bring a civil proceeding in a court of law against any Insured Person for a Wrongful Act provided such demand is brought without the assistance, participation or solicitation of any Executive.

  • The Insurer shall pay on behalf of the Insured Company all Shareholder Demand Investigation Costs resulting from any Shareholder Demand first made during the Policy Period and reported to the Insurer.

  • INVESTIGATIVE COSTS Investigative Costs means reasonable and necessary fees and expenses (other than regular or overtime wages or salaries) incurred by the Insured Entity, with the prior written consent of the Insurer, in connection with the investigation or evaluation of a Shareholder Demand.

  • Third party solicitations, for example, those of activist bondholders, are handled by DTC’s Shareholder Demand Process.

  • Shareholder Demand Investigation Costs will not include salaries, wages, overhead, benefits or benefit expenses of any Insured.

  • It is not a complete statement of the events regarding the Actions or the Shareholder Demand, or the provisions of the Stipulation.

  • Defendants deny the allegations in the Actions and the Shareholder Demand.

  • Though the first mediation did not result in a resolution to the Actions and the Shareholder Demand, the Settling Parties continued their negotiations throughout the following months.

Related to Shareholder Demand

  • Stockholder Associated Person of any stockholder means (A) any person controlling, directly or indirectly, or acting in concert with, such stockholder, (B) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such stockholder or (C) any person directly or indirectly controlling, controlled by or under common control with such Stockholder Associated Person.

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

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • Shareholder Associated Person of any Shareholder means (i) any person controlling, directly or indirectly, or acting in concert with, such Shareholder, (ii) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such Shareholder, and (iii) any person controlling, controlled by or under common control with such Shareholder Associated Person.

  • 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.

  • Stockholders’ Representative has the meaning set forth in the Preamble.

  • Warrantholders’ Request means an instrument signed in one or more counterparts by Warrantholders holding in the aggregate not less than 25% of the aggregate number of all Warrants then unexercised and outstanding, requesting the Warrant Agent to take some action or proceeding specified therein;

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Controlling Shareholder means any shareholder owning more than fifty

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

  • Company Shareholder Meeting has the meaning set forth in Section 5.13(b).

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

  • Stockholder Shares means the shares of common stock of the Company issued to Stockholder in accordance with the terms and conditions of the Reorganization Agreement, including such shares of common stock of the Company transferred from Stockholder to The Cendant Charitable Foundation, and any securities of the Company issued as a dividend on or other distribution with respect to, or in exchange for or replacement of, such common stock.

  • Independent Shareholders means holders of Voting Shares, other than:

  • Key Holder Registrable Securities means (i) the shares of Common Stock held by the Key Holders, and (ii) any Common Stock issued as (or issuable upon the conversion or exercise of any warrant, right, or other security that is issued as) a dividend or other distribution with respect to, or in exchange for or in replacement of such shares.

  • Company Stockholders Meeting has the meaning set forth in Section 6.2(a).

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.

  • Conversion Shares Registration Statement means a registration statement that registers the resale of all Conversion Shares of the Holders, who shall be named as “selling stockholders” therein and meets the requirements of the Registration Rights Agreement.

  • Company Stockholder Meeting means the meeting of the holders of shares of Company Common Stock for the purpose of seeking the Company Stockholder Approval, including any postponement or adjournment thereof.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • 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).

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Shareholder Debt means any shareholder loan made to the Issuer as debtor, if such loan:

  • Shareholders’ Representative has the meaning set forth in the Preamble.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Underlying Shares Registration Statement means a registration statement meeting the requirements set forth in the Registration Rights Agreement, covering among other things the resale of the Underlying Shares and naming the Holder as a "selling stockholder" thereunder.