Shareholding Requirement definition

Shareholding Requirement means any requirement, guideline or policy determined by the Board from time to time pursuant to which a person must hold Shares either during their office or employment with a Group Member or following their ceasing to hold office or employment with a Group Member;
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Shareholding Requirement means a Non-Employee Director’s beneficial ownership (within the meaning of Rule 13d under the Exchange Act) of 7,500 Shares of Common Stock (including any vested or unvested Restricted Stock or Restricted Stock Units) subject to adjustment pursuant to Section 16.
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Shareholding Requirement means the Preference Shareholders holding Preference Shares amounting to not less than 50% of the number of Preference Shares as at the date hereof (subject to the Adjustment in accordance with the Articles of Association of the Company);
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Examples of Shareholding Requirement in a sentence

  • The Company introduced a Minimum Shareholding Requirement Policy applicable to all KMP from 1 July 2015.

  • The Investors’ and VCOC Investor’s rights under Section 5.03(a), Section 5.03(b), Section 5.09, Section 5.13 and Section 5.15 shall terminate immediately and permanently upon the Investors ceasing to satisfy the Minimum Shareholding Requirement and shall forthwith become null and void.

  • Trent Gathright, WTR Engineering LLCPlants continue to utilize what is known as a "thru flow" screening pattern.

  • RemCo may in its discretion determine that a Minimum Shareholding Requirement will apply to Participants and may determine the procedure and times for calculating such Minimum Shareholding Requirement.

  • The Company has a Minimum Shareholding Requirement Policy which requires that KMP hold at least the following value of Newcrest shares.

  • Thereafter, a director must maintain the Minimum Shareholding Requirement while they are a member of the Board.

  • Directors are required to meet the Minimum Shareholding Requirement within three years from the date a director is appointed to the Board.

  • Group Chief Executive Officer and GLT, in accordance with IAG’s Mandatory Shareholding Requirement Policy.Specified Persons is a smaller sub-set of the Designated Persons who, because of their position, regularly come into possession of price sensitive information and who have been designated as specified persons by the Group General Counsel & Company Secretary.

  • Both Mr Smith and Mr Baynes are covered by this policy.• Mr Smith and Mr Baynes have voluntarily submitted to an additional binding condition such that any net proceeds received as a result of realisations from direct holdings in portfolio companies that exceed £250,000 will be used to purchase shares in IP Group, until such time as they meet the Minimum Shareholding Requirement set for their role (currently 350% of annual salary for Mr Smith, 250% for Mr Baynes).

  • If a director meets the Minimum Shareholding Requirement, the director may elect to receive 0% to 100% of their annual compensation in DSUs for the upcoming fiscal year.


More Definitions of Shareholding Requirement

Shareholding Requirement means the Preference Shareholders holding Preference Shares amounting to not less than 50% of the number of Preference Shares issued and outstanding as at the date of the Subscription Agreement (subject to the Adjustment).
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Shareholding Requirement means the ownership of 7,500 shares of Common Stock, subject to adjustment pursuant to Section 9(b) hereof.
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Related to Shareholding Requirement

  • performance requirement means a requirement that:

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • REIT Requirements has the meaning set forth in Section 5.2.

  • Applicable requirement means all of the following as they apply to emission units in a source requiring an air quality operating permit (including requirements that have been promulgated or approved by the Department or the administrator through rule making at the time of issuance of the air quality operating permit, but have future-effective compliance dates, provided that such requirements apply to sources covered under the operating permit):

  • Jurisprudence requirement means the assessment of an individual's knowledge of the laws and rules governing the practice of physical therapy in a state.

  • End Client Requirements means the specific requirements of the End Client, as notified to the Supplier in writing;

  • Minimum Holding means the minimum number or value of Shares which must be held by Shareholders as specified in the relevant Supplement.

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the Standard, or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, U.S.$ 10,000,000 or its equivalent in the relevant Obligation Currency) in either case, as of the occurrence of the relevant Credit Event.

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.