Examples of Shareholder Reserved Matters in a sentence
Subject to the Shareholder Reserved Matters and Board Reserved Matters, the day-to-day operations of the Target Group shall be managed by CFGI’s management team.
The day-to-day operations of the Target Group shall be managed by CFGI’s management team, subject to the Shareholder Reserved Matters and the following matters to be determined in the manner described below (notwithstanding any resolutions passed by the shareholders of NewCo in respect of such matters) (each, a “Board Reserved Matter”): 1.
In respect of each matter below, these matters, in respect of the Company and each Company Subsidiary, are Shareholder Reserved Matters.
Reserved Matters and JV Shareholder Reserved Matters, the JV Board shall decide on all matters by a majority vote.
Subject to any additional requirements specified by Applicable Law, the Parties hereby undertake to and with each other that none of the Shareholder Reserved Matters or any matter referred to the Shareholders pursuant to Clause 3.9 shall be taken by the Company unless approved by the Shareholders holding an aggregate Shareholding Percentage of 77.5 per cent.