Undertaking Shareholders definition

Undertaking Shareholders means BNY and the Fung Family;
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Undertaking Shareholders means HY Holdings and Danone
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Undertaking Shareholders. The following parties:
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Examples of Undertaking Shareholders in a sentence

  • As mentioned above, the Acceptance Condition will be fulfilled upon the acceptance of the Offer by the Undertaking Shareholders in respect of all and not some only of their respective Relevant Shares pursuant to their respective Irrevocable Undertakings, and accordingly, the Offeror will be entitled to exercise its rights of compulsory acquisition under Section 215(1) of the Companies Act.

  • Upon receipt of such valid acceptances from the Undertaking Shareholders, the Offeror and its Concert Parties will hold in aggregate 149,823,043 Shares, representing approximately 67.49% of the total number of issued Shares.

  • Each of the Irrevocable Undertakings shall terminate, lapse or cease to have any effect upon the Offer being withdrawn for whatever reason other than a breach of the obligations of the Undertaking Shareholders under their respective Irrevocable Undertakings.

  • Accordingly, the Undertaking Shareholders collectively will subscribe and pay in full and/or procure the subscription and payment in full for an aggregate of 49,307,500 Rights Shares, which constitutes approximately 31.51 per cent.

  • The Ng Family Undertaking Shareholders and AIF have undertaken to accept the Offer in respect of an aggregate of 503,278,416 Shares, representing approximately 66.82% of the total number of issued Shares.

  • Based on the total number of issued Shares as at the Latest Practicable Date, the Offer Acceptance Condition will be satisfied upon receipt of valid acceptances from the Undertaking Shareholders pursuant to the Irrevocable Undertakings and the Offer will become and be capable of being declared unconditional as to acceptances and in all other respects.

  • The Key Undertaking Shareholders have agreed to waive their rights to receive, in aggregate, an amount equal to S$20 million (the “Deferred Consideration”) within the time period prescribed under Rule 30 of the Code.

  • As none of the Undertaking Shareholders is a related corporation or nominee of the Offeror under the Companies Act, the 575,436,117 Offer Shares (representing approximately 87.79% of the total number of issued CMZ Shares) to be tendered by the Undertaking Shareholders in acceptance of the Offer pursuant to their Irrevocable Undertakings will be included and count towards the 90% threshold for compulsory acquisition under Section 215(1) of the Companies Act.

  • In addition, the Company has obtained the Irrevocable Undertakings from the Undertaking Shareholders (information as set out below).

  • For avoidance of doubt, the subscription of Rights Shares (including excess Rights Shares, where applicable) by each of the Undertaking Shareholders pursuant to the Undertakings is for an amount of up to RM5.00 million each only.


More Definitions of Undertaking Shareholders

Undertaking Shareholders. Xx Xxxxxx Xxx Xxxx Xxx and Xx Xxx Tin Foo
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Undertaking Shareholders means Legion Elite Limited and Grand Union Investment Fund, L.P.; “US” means the United States of America;
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Undertaking Shareholders means each of Canada Pension Plan Investment Board and TPG
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Related to Undertaking Shareholders

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 6,000,000 warrants (or 6,600,000 warrants if the over-allotment option is exercised in full) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,000,000 (or $6,600,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).