Transferring Shareholder definition

Transferring Shareholder has the meaning set out in Section 6.1; and

Transferring Shareholder has the meaning set forth in Section 11.1.1.

Transferring Shareholder has the meaning assigned to such term in Section 3.4(a).

Examples of Transferring Shareholder in a sentence

• In the event that the Transferring Securityholder elects not to sell any shares to XXXX or its assignee pursuant to the proviso in the immediately preceding sentence, such Transferring Shareholder may transfer the Transfer Securities to one or more Qualified Purchasers pursuant to Section 2.2(c) only if such Qualified Purchasers purchase in the aggregate at least as many shares of the Transfer Securities as XXXX had agreed to purchase.

• In the event of any Transfer that would qualify as a Permitted Transfer under more than one of clauses (i) through (iii), the Transferring Shareholder may elect the clause to which such Transfer is subject for purposes of complying with this Agreement.

• Upon receipt of a Co-sale Notice, the Transferring Shareholder shall be obligated to transfer at least the entire number of Shares set forth in the Co-sale Notice to the transferee on the Transferee Terms; provided, however, that the Transferring Shareholder shall not consummate the purchase and sale of any Shares hereunder if the transferee does not purchase all such Shares specified in all Co-sale Notices.

• Upon receipt of a Transfer Notice, any Other Shareholder(s) may elect to participate in the proposed Transfer by delivering written notice to the Corporation and Transferring Shareholder within the Acceptance Period.

• If an Offeree elects to exercise its Tag-Along Right, the number of Shares to be Transferred by the Transferring Shareholder shall be reduced accordingly.

More Definitions of Transferring Shareholder

Transferring Shareholder has the meaning set out in Clause ‎22.4.1;

Transferring Shareholder shall have the meaning ascribed to it in Clause 5.5;

Transferring Shareholder shall have the meaning as defined in Section 4(a)(ii)(1).

Transferring Shareholder means a Shareholder proposing to effect a Transfer.

Transferring Shareholder means Shareholder who sells, assigns, pledges, hypothecates, or otherwise transfers for consideration or gratuitously all or any portion of the Shares held of record by such Shareholder.

Transferring Shareholder has the meaning set forth in Section 5.1 of this Agreement.

Transferring Shareholder has the meaning set out in Section 6.1;