Shareholder Undertaking definition

Shareholder Undertaking means an irrevocable undertaking to the Company in substantially the form set out at Schedule 9 (Form of Shareholder Undertaking) to vote in favour of the Shareholder Resolution.
Shareholder Undertaking has the meaning specified in the Recitals.
Shareholder Undertaking means the undertaking to the Lender from certain shareholders of the Borrower to provide up to 2,000,000 Euros of additional equity in the agreed form;

Examples of Shareholder Undertaking in a sentence

  • Shareholder Undertaking for a Health Profession Corporation for every new shareholder of the corporation who has not already submitted an undertaking;4.

  • Every new shareholder of the corporation, including directors and officers, must each sign a copy of the Shareholder Undertaking for a Health Profession Corporation.

  • Please note that shareholders are required to report any change in shareholders to the College within thirty (30) days, and any future shareholder of the corporation must complete and submit a Shareholder Undertaking with the College within thirty (30) days of becoming a shareholder.

  • The obligations of EUL under the Controlling Shareholder Undertaking have been guaranteed by EI.

  • EUL, subject to certain conditions being satisfied, has in the Controlling Shareholder Undertaking committed EUR 20 million to the Company.

  • Shareholder Undertaking for a Health Profession Corporation completed by each shareholder including all directors;3.

  • Accordingly the Company believes that it will have satisfied the requirement of the Restructuring Plan for a capital injection to have occurred by 30 November 2014.As a means of ensuring that at least EUR 20 million is raised, the Company and EUL entered into the Controlling Shareholder Undertaking.

  • Every shareholder of the corporation, including all directors and officers, must each sign a copy of the Shareholder Undertaking for a Professional Corporation.

  • Shareholder Undertaking China Telecom, our largest Shareholder, holds 2,926,752,080 Domestic Shares, representing approximately 77.5% of the total Domestic Shares in issue and approximately 50.7% of the Company’s issued Shares as at the date of this announcement.

  • As set out in paragraph3.4 of this Announcement, the Subscriber Shareholder has, pursuant to the Subscriber Shareholder Undertaking, undertaken to the Company and OG to waive his right to receive one (1) new OG Share upon the issuance of the new OG Shares to the Subscriber Shareholder pursuant to the Scheme so that the Subscriber Shareholder will holdexactly the same number of OG Shares on the Scheme Effective Date as the number of Shares which the Subscriber Shareholder holds on the Scheme Record Date.


More Definitions of Shareholder Undertaking

Shareholder Undertaking means the undertaking to be provided by the shareholders of the Project Company pursuant to clause 9.4(d), a form of which is attached to the Concession Agreement under Appendix 11a;
Shareholder Undertaking means the undertaking entered into on or about the Signing Date between, among others, the Parent and the Administrative Agent.
Shareholder Undertaking means an irrevocable undertaking in the form set out in Schedule 10 (Form of Shareholder Undertaking).
Shareholder Undertaking means an undertaking (in a form and substance satisfactory to the Agent) to be issued by DDM Holding AG (or any of its legal successors) whereby DDM Holding AG (or such legal successor) undertakes during the term of the Bonds to not, directly or indirectly, make any direct or indirect investments in non-performing loans other than (i) through the Group or (ii) through an investment where non- performing loans constitute an insignificant part of the relevant investment.
Shareholder Undertaking means the consent and undertaking by the shareholders of Psynova in favour of Psynova and RBM, dated on or about the date of this Agreement;

Related to Shareholder Undertaking

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Shareholder Agreements has the meaning set forth in the recitals to this Agreement.

  • Scheme Shareholders means the holders of Scheme Shares;

  • Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.

  • 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.

  • Controlling Shareholder means any shareholder owning more than fifty

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

  • Confidentiality Undertaking means a confidentiality undertaking in substantially the appropriate form recommended by the LMA from time to time or in any other form agreed between the Borrowers and the Facility Agent.

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Shareholders Agreement shall have the meaning set forth in the Recitals.

  • Majority Shareholders means Xxxx Xxxxx and Xxxxxxxx Xxxxxxx.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Demerged Undertaking means the Premium Brands Business of the Demerged Company and includes related assets, liabilities, rights and powers, on a going concern basis, representing an undertaking in compliance with Sec. 2(19AA) of the Income Tax Act, as on the Appointed Date, which shall be transferred and vested with the Resulting Company upon Demerger by the Demerged Company in terms of this Scheme. Without prejudice and limitation to the generality of the above, the Demerged Undertaking means and includes,:

  • 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.