Shareholder Releases definition

Shareholder Releases means the releases provided for in Section 10.7 of the Plan. “Shareholder Settlement” means the Shareholder Settlement Agreement and thetransactions contemplated thereunder, the release and channeling of the Shareholder Released Claims pursuant to the Shareholder Releases and the Channeling Injunction issued for the benefit of the Shareholder Released Parties as set forth in Sections 10.7 and 10.8 of the Plan, the other transactions and terms described in Section 5.2(g) of the Plan and all other terms and provisions of the Plan, the Confirmation Order and the other Plan Documents implementing any of the foregoing.
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Shareholder Releases has the meaning specified in Section 3.02(b).
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Shareholder Releases shall have the meaning set forth in Section 2.3(a)(i).
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Examples of Shareholder Releases in a sentence

  • On the Effective Date, in consideration of the Shareholder Releases, the Shareholder Released Parties shall irrevocably transfer, grant, and assign to the Master Disbursement Trust, and the Master Disbursement Trust shall receive and accept, any and all MDT Shareholder Insurance Rights.

  • On the Effective Date, in consideration of the Shareholder Releases, all Sackler Family Members shall irrevocably, fully and forever release and discharge any obligation to indemnify and/or to defend the Sackler Family Members under the Isosceles Insurance Ltd.

  • Creditors Whose Claims Are Coveredby the Shareholder Releases ReceivedDue Process 44Conclusion 48 TABLE OF AUTHORITIES Page(s)CasesIn re A.H. Robins Co.,880 F.2d at 700 25, 26, 34Abrego Abrego v.

  • The Trustee asserts that the Shareholder Releases are unduly broad because they would shield Sacklers from opioid-related fraud and other claims that would be non-dischargeable if the Sackers were in bankruptcy.

  • The role of the minister for justice in the appointment of staff to the authority has been dropped and the minister will no longer have a role in deciding the levy to be imposed on the profession to fund regulation.

  • The Shareholder Releases are an “appropriate provision” in the Debtors’ Plan—and therefore satisfy § 1123(b)(6)—because they function in aid of settlement of the Debtors’ claims against the Sacklers, which is the bedrock of all the intercreditor settlements embodied in the Plan and which enjoyed supermajority support.

  • Shareholder Releases and Option Exercise and/or Release Forms shall have been delivered by all Shareholders and Optionholders to the Buyer and all waiting or consideration periods which condition effectiveness of such releases shall have expired.

  • JA223-33.An overwhelming majority of creditors voted in favor of the Plan containing the Shareholder Releases.

  • Shareholder Releases and Option Exercise and/or Release Forms shall have been delivered to the Buyer and the Company by all Shareholders and Optionholders and all waiting or consideration periods which condition effectiveness of such releases shall have expired.

  • To make the case for irreparable harm, the Trustee asserts that, if the Plan goes effective before this Court rules on his certiorari petition, the parties could argue that his challenge to the Shareholder Releases is equitably moot.


More Definitions of Shareholder Releases

Shareholder Releases has the meaning set forth in Section 8(b)(xv).
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Related to Shareholder Releases

  • Seller Released Parties has the meaning ascribed to such term in Section 5.6(a).

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Target Shareholders means the holders of Target Shares;

  • Shareholder Rights Plan means the amended and restated shareholder rights plan agreement dated as of November 10, 2015 between Parent and American Stock Transfer and Trust Company, LLC, as rights agent, as amended and restated as of April 18, 2016 as further amended, restated, succeeded or replaced from time to time, and any similar plan adopted from time to time;

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

  • Stockholder Representative has the meaning set forth in the preamble.

  • Consideration Spreadsheet has the meaning set forth in Section 2.16(a).

  • Company Shareholder means any holder of any Company Shares.

  • Closing Press Release has the meaning set forth in Section 5.4(b).

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

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

  • Shareholder Representative has the meaning set forth in the preamble.

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

  • Plaintiffs’ Releasees means Plaintiffs, and any and all of their related parties, including, without limitation, any and all members of their immediate families, agents or other persons acting on their behalf, attorneys, advisors, financial advisors, accountants, assigns, creditors, heirs, estates and legal representatives.

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

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

  • 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.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Acquiror has the meaning specified in the Preamble hereto.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

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

  • Principal Stockholder means, collectively, (i) the Sponsor and (ii) any affiliate or successor of a person referenced in clauses (i) and (ii) of this definition.

  • Company SEC Documents has the meaning set forth in Section 3.5(a).

  • Lawyer-guardian ad litem means an attorney appointed under section 17c of this chapter. A lawyer-guardian ad litem represents the child, and has the powers and duties, as set forth in section 17d of this chapter. The provisions of section 17d of this chapter also apply to a lawyer-guardian ad litem appointed under each of the following:

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