Threshold Shareholding definition

Threshold Shareholding means: (a) 3% of the issued, subscribed and paid-up share capital of the Company, if the shareholding of the Investor and/or its Affiliates in the Company reduces on account of any issue of Shares or other securities by the Company; or (b) 4% of the issued, subscribed and paid-up share capital of the Company, if the shareholding of the Investor and/or its Affiliates in the Company reduces on account of any sale of Shares by the Investor and/or its Affiliates;
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Threshold Shareholding means the shareholding in Sovereign Foods necessary for CBH to approve the B-BBEE deal contemplated in clause 4 below; and
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Threshold Shareholding means 6% (six per cent) of the Share Capital, determined on a Fully Diluted Basis; provided that the shareholding of a Party shall be considered collectively with the shareholding of such Party’s Affiliate(s) holding Equity Securities, if any, for purposes of determining if the Threshold Shareholding is met by such Party.
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Examples of Threshold Shareholding in a sentence

  • In the event that the Investor and/or its Affiliates cease to hold at least the Threshold Shareholding, the rights of the Investor under this Article 175 shall terminate subject to Article 175.9(ii).

  • Pursuant to SPA, as AWI wishes to acquire the Threshold Shareholding, the aggregate number of Equity Shares to be sold by the Sellers to AWI shall be reduced on a one-for-one basis by the number of Equity Shares acquired by AWI pursuant to the Open Offer and the purchase consideration of the Sale Shares to be received by the Sellers shall be reduced accordingly in terms of the SPA.

  • Pursuant to SPA, as AWI wishes to acquire the Threshold Shareholding, the aggregate number of Equity Shares to be sold by the Sellers to AWI shall be reduced on a one-for-one basis by the number of Equity Shares acquired by AWI pursuant to the Open Offer.

  • The affirmative voting rights of the Promoters under this Clause 5.7.1, with respect to any of the matters set forth in Part-C of Schedule 8 shall cease to apply, (i) upon the Promoters collectively ceasing to hold at least the Threshold Shareholding, or (ii) upon an Event of Default having occurred, or (iii) upon expiry of the Exit Period, whichever is earlier.

  • The proposed shareholding of the Acquirer in the Target Company and the details of acquisition are as follows: Details*AWI will acquire Threshold Shareholding.

  • If at any time the number of Ordinary Shares held by the Minority Investors falls below the Observer Threshold Shareholding, they shall no longer be entitled to have an Observer and the rights of any existing Observer shall be deemed to have ceased with immediate effect.

  • On good cause shown an application may be made for an extension of an approved site plan, which request shall not be unreasonably denied.

  • As for building a stake in private companies, that usually has more to do with business-end decisions than legal con- siderations.‌‌‌‌‌‌‌4.2 Material Shareholding Disclosure Threshold Shareholding disclosure and general filing obligations are only applicable to public companies in Mexico.

  • Pursuant to SPA, as AWI wishes to acquire the Threshold Shareholding, the aggregate number of Equity Shares to be sold by the Sellers to AWI shall be reduced on a one- for-one basis by the number of Equity Shares acquired by AWI pursuant to the Open Offer.

  • Shareholding / voting rights of Sellers in the Target Company before and after the underlying Transaction is as follows:# Relatives of Promoter- forming part of the Promoter Group*AWI will acquire such number of equity shares representing 51% of the share capital on a fully diluted share capital of the Target Company (" Threshold Shareholding").


More Definitions of Threshold Shareholding

Threshold Shareholding means a minimum threshold shareholding equal to 7.5% (seven point five percent) of total issued and paid up share capital of the Company on a Fully Diluted Basis, subject however to Clause 21.1.
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Threshold Shareholding means (i) acquisition of 51% of the Current Share Capital of the Target Company through acquisition of Equity Shares from the Sellers pursuant to SHA and this Open Offer, or (ii) the acquisition of 51% of the Equity Shares of the Target Company on a Fully Diluted Basis consequent to acquisition of the Equity Shares from the Sellers through the SHA, the Preferential Issue pursuant to the SSA and this Open Offer.
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Related to Threshold Shareholding

  • Shareholding means the holding by a Member of a Share or Shares (whether in a class or not);

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

  • Ownership Threshold has the meaning specified in Section 2.1(a).

  • Target Shareholders means the holders of Target Shares;

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

  • Locked-Up Shareholders means Xxxxx Xxxxxx, Xxxx Xxxx, Xxxxx Xxxxxxx, Xxxxxx Xxxxxxx, Xxxxx Xxxxxxxxx, Xxx Xxxxxxxx, Xxxx Xxxxxxx, Xxxxx Xxxxxxx, Ru Wadasinghe, Xxxxxxxx Xxxxx, Xxxx Xxxxx, Xxxx Xxxxx and Xxxx Xxxxxxxxx, together with any and all of their respective Affiliates and/or Associates (as defined in the Securities Act (Ontario)) that have beneficial ownership of, or exercise control or direction over, Common Shares or Convertible Securities.

  • Five-Percent Shareholder means a Person or group of Persons that is identified as a “5-percent shareholder” of the Corporation pursuant to Treasury Regulation § 1.382-2T(g).

  • Existing Shareholders has the meaning set forth in the preamble.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Ordinary Shareholders means holders of Ordinary Shares;

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Common Stockholders means holders of shares of Common Stock.

  • Greater Than 10% Stockholder means an individual then owning (within the meaning of Section 424(d) of the Code) more than 10% of the total combined voting power of all classes of stock of the Company or any subsidiary corporation (as defined in Section 424(f) of the Code) or parent corporation thereof (as defined in Section 424(e) of the Code).

  • Ordinary Shareholder means a holder of ordinary shares;

  • Scheme Shareholders means the holders of Scheme Shares;

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • Common Shareholders means the holders of the Common Shares.

  • Voting Share Reduction means an acquisition or redemption by the Corporation of Voting Shares which, by reducing the number of Voting Shares outstanding, increases the proportionate number of Voting Shares Beneficially Owned by any Person to 20% or more of the Voting Shares then outstanding; and

  • Independent Shareholders means holders of Voting Shares, other than:

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Preferred Shareholders means the holders of Preferred Shares.

  • Aggregate Share Ownership Limit means not more than 9.8% in value of the aggregate of the outstanding Shares and not more than 9.8% (in value or in number of shares, whichever is more restrictive) of any class or series of Shares.

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • 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.

  • Voting Shares means the Common Shares and any other shares in the capital of the Corporation entitled to vote generally in the election of all directors.