Examples of Supplemental Shareholders Agreement in a sentence
Supplemental Shareholders Agreement dated 15th January 2001 between GB, Kumpulan Darul Ehsan Berhad (“KDE”), Rampai Dedikasi Sdn Bhd (“RDSB”) and Litrak for subscription of additional equity up to the sum of RM50 million in Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (“SPRINT Holdings”).
Under the Supplemental Shareholders Agreement, it has been agreed conditionally that the last date for repayment in full of the Targetco Indebtedness by the Target BVI Companies to the Vendor is extended from 30 June 2012 to 30 June 2014.
Since the applicable percentage ratios set out in Rule 14.07 of the Listing Rules in respect of the commitment by the Company under the Supplemental Shareholders Agreement exceed 0.1% but are below 5%, the transaction is therefore exempt from the circular (including independent financial advice) and shareholders’ approval requirements under Chapter 14A of the Listing Rules.
Deed of Termination dated 17th May 2002 between GB, KDE, RDSB and Litrak to terminate the Shareholders Agreement dated 24th July 2000 between GB, KDE, RDSB and Litrak for subscription of equity up to the sum of RM410 million in SPRINT Holdings and the Supplemental Shareholders Agreement referred to in item (iii) above.
Therefore, the Directors believe that the terms of the Second Supplemental SP Agreement and the Supplemental Shareholders Agreement are fair and reasonable and are in the interest of the Shareholders as a whole.
FULFILLMENT OF THE RELEVANT CONDITIONS On 29 June 2012, all the Relevant Conditions were fulfilled, and hence the said time extension to 30 June 2014 for payment in full of the Outstanding Balance and the Targetco Indebtedness (as provided under the Second Supplemental SP Agreement and the Supplemental Shareholders Agreement) has become effective.
Supplemental Shareholders Agreement Schedule of Signatories to Exhibit 10.7 DATE SIGNATORY ---- --------- May 25, 1999 Windward/Quebec II, L.L.C. May 25, 1999 Windward/BACI, L.L.C. May 25, 1999 Windward/Badger XX XX, L.L.C. May 25, 0000 Xxxxxxxx/Xxxx XX III, L.L.C.
Accordingly, the Supplemental Shareholders Agreement constitute a connected transaction of the Company under the Listing Rules.
SUPPLEMENTAL SHAREHOLDERS AGREEMENT In connection with the Disposal, the Purchaser, the Nominee and the original parties to the Shareholders Agreement have entered into the Supplemental Shareholders Agreement (supplemental to the Shareholders Agreement) on 8 April 2009, pursuant to which: (1) the Shareholders Agreement has been revised in view of the changes in the shareholders of Sky Charm.
Holdco and the Shareholders are parties to that certain Shareholder Agreement dated July 31, 2000 and Supplemental Shareholders' Agreement dated March 15, 2001 (collectively, the "EXISTING AGREEMENTS") pursuant to which Holdco granted the Shareholders, among other things, certain registration rights.