Shareholders or Members definition

Shareholders or Members means the duly registered holder from time to time of the shares of the Company and shall include beneficial owners whose names are entered as a beneficial owner in the records of a depository.
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Shareholders or Members means the duly registered holder(s) from time to time of the share(s) of the Company and includes the subscriber(s) of memorandum of the Company and also every person holding Equity Share(s) and / or Preference Share(s) of the Company as also one whose name is entered as benefical owner of the shares of the Company in the records of the Depository.
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Examples of Shareholders or Members in a sentence

  • For purposes of the foregoing, the Operating Manager may determine that an equitable method of allocation includes, without limitation, an allocation (i) pro rata based on the relative differences between amounts allocated to the Capital Accounts and the aggregate amounts of tax items allocated to the relevant Shareholders or Members, or (ii) solely to the relevant Shareholders or Members with the greatest such differences (taking into account such allocations).

  • Shareholders or Members will only be liable for the debts and obligations of the Company, in their capacity as a holder of an interest in the Company with respect to the applicable Series or a member of the Company generally or associated with a Series, respectively, to the extent of their Capital Contributions and pro rata share of any of the Company’s undistributed profits, subject to the Members’ and the Shareholders’ obligations to return distributions under the Act.

  • Except as set forth on the DISCLOSURE SCHEDULE, neither the Seller, ▇▇▇▇▇▇▇ Properties, Shareholders or Members has ever received from any federal, state or local governmental department or agency or any other person or entity any claim, demand, directive, Order or request to investigate, restore, repair, clean up or otherwise remediate, or to contribute to the costs of investigating, restoring, repairing, cleaning up or otherwise remediating the Real Property.

  • No rights under this Agreement may be assigned nor any obligations delegated, in whole or part, by the Seller, ▇▇▇▇▇▇▇ Properties, Shareholders or Members, other than assignment of rights (in the case of the Shareholders or Members, upon their death in accordance with their testamentary deposition or the laws of intestacy or, in the case of the Seller or ▇▇▇▇▇▇▇ Properties, upon their dissolution to their respective shareholders or members).

  • Notwithstanding anything contained herein to the contrary, the failure of the LLC to observe any formalities or requirements relating to the exercise of its powers or management of its business and affairs under this Agreement or the Virginia Act shall not be grounds for imposing personal liability on any of the Shareholders or Members (including the Managing Member) for liabilities of the LLC.

  • None of the Seller, ▇▇▇▇▇▇▇ Properties, Shareholders or Members has incurred, or made commitments for, any brokerage, finders' or similar fee in connection with the transaction contemplated by this Agreement.

  • Except as disclosed on the Disclosure Schedule, there is no lease, sublease, contract, agreement or other arrangement of any kind whatsoever entered into by any Seller and its Shareholders or Members or Affiliate.

  • Any Indemnifiable Damages which the Buyer elects to set-off against an obligation owed the Buyer shall be deemed "paid" (for purposes of calculating the interest component of such Indemnifiable Damages) not earlier than the date when the obligation against which the Indemnifiable Damages are offset otherwise becomes fixed, due and payable to the Seller, ▇▇▇▇▇▇▇ Properties, Shareholders or Members.

  • There is no condemnation, expropriation, eminent domain or similar proceeding affecting all or any portion of the Real Estate or Leased Real Estate pending or, to the Knowledge of the Seller, ▇▇▇▇▇▇▇ Properties, Shareholders or Members, threatened.

  • The Buyer shall be entitled (but not required) to offset against any obligations now or hereafter owed by the Buyer to the Seller, ▇▇▇▇▇▇▇ Properties, Shareholders or Members (including, without limitation, the Contingent Amount which may become due and payable pursuant to Section 2.1(c) hereof) the sum of all Indemnifiable Damages that the Buyer is entitled to pursuant to Section 10.1 hereof.