Withdrawing Shareholder definition

Withdrawing Shareholder means a Shareholder who counts or incurs in Event of Dissociation within the meaning of NRS 86.491.
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Withdrawing Shareholder means and includes any of the following: (i) A Shareholder who was an Employee but has ceased to be an Employee for any reason including, without limitation, death, dismissal (with or without cause), resignation or retirement; (ii) A Shareholder which: (1) was an Employee’s Corporation but has ceased to be a Employee’s Corporation for any reason whatsoever (including, without limitation, the death, dismissal (with or without cause), resignation or retirement of its Employed Representative); and (2) has not prior to service upon it of a Notice to Sell under paragraph 6.03.01, transferred all of its Shares to its Employed Representative while its Employed Representative was an Employee; (iii) An Employee’s Corporation, where any of its issued shares have been seized, transferred in execution (including a transfer made pursuant to the realization of security) or transferred pursuant to any court order (including without limitation, any order made legislation dealing with matrimonial or other co-habitation entitlements) to any person; (iv) A Shareholder whose Shares, or any of them, have been seized, transferred in execution (including a transfer made pursuant to the realization of security) or transferred pursuant to any court order (including without limitation, any order made under legislation dealing with matrimonial or other co-habitation entitlements) to any person; (v) Any Shareholder who, and any Employee’s Corporation whose Employed Representative, has been adjudged a bankrupt or has made an assignment into bankruptcy under the laws of any jurisdiction; (vi) Any Shareholder who (or any Employee’s Corporation whose Employed Representative) has breached paragraph 4.02.04, Article 14.13, Article 14.16 or any provision of Section X hereof; (vii) Any Shareholder who is not an Employee or an Employee’s Corporation; (viii) Any Shareholder who alleges in any judicial proceedings whatsoever that an amendment made pursuant to Article 14.08, 14.09 or 14.10 is not binding upon that Shareholder; or (ix) A Special Withdrawing Shareholder.
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Withdrawing Shareholder means and includes any of the following:
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Examples of Withdrawing Shareholder in a sentence

  • Upon the occurrence of any of the events specified in Paragraph 1, the Withdrawing Shareholder or the personal representative of the Withdrawing Shareholder shall notify the Company of the Involuntary Transfer Event.

  • The Selling Shareholder or Withdrawing Shareholder shall deliver the certificates representing the Shares being transferred, properly endorsed for transfer or accompanied by an assignment agreement to the transferee.

  • The Purchase Price for the Transfer any Shares due to the death of a Shareholder shall be payable out of the proceeds of any life insurance policy required to be carried on the life of the Withdrawing Shareholder by the Shareholders or the Company.

  • Subject to sub-paragraph 6.03.01(b), PCLEH may serve a Notice to Sell upon a Withdrawing Shareholder at any time.

  • Some respondents stated they need more health services in their village to improve child health outcomes.

  • The Company shall notify the Non-Withdrawing Shareholders of the Involuntary Transfer Event and the number of Shares owned by the Withdrawing Shareholder.

  • The purchase price for all or a portion of the shares of a Withdrawing Shareholder in connection with a Voluntary Withdrawal of a Shareholder may be paid by the Company or a Remaining Shareholder, as the case may be and in such purchaser’s sole discretion, using the Promissory Note Option.

  • The price for the Common Stock of a Withdrawing Shareholder pursuant to this Section 4 shall be equal to the price based on such shares’ pro rata portion of the then-effective Valuation.

  • In the event the Non-Withdrawing Shareholders purchase less than all of the Shares owned by the Withdrawing Shareholder, the Company shall purchase the remaining Shares within __________ days from receipt of the notice.

  • If either of Insider Shareholders, in such Shareholder’s sole discretion, voluntarily ceases to be actively engaged in the business of the Company (a “Voluntary Withdrawal”), such Withdrawing Shareholder must give no less than ninety (90) days’ prior written notice to the Company and the other Insider Shareholder of such Withdrawing Shareholder’s intent to withdraw from the Company.


More Definitions of Withdrawing Shareholder

Withdrawing Shareholder means a Breaching Shareholder that has received a Breach Buy-Out Notice, a Bankrupt Shareholder that has received a Bankruptcy Buy-Out Notice or a Change of Control Shareholder that has received a Change of Control Buy-Out Notice.
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Withdrawing Shareholder means NV Shareholders and NV NYRS Holders: (i) who vote against the Cross- Border Merger at the NV EGM; and (ii) who also file a request for cash compensation through completing a withdrawal application form.
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Withdrawing Shareholder means (i) a Shareholder at the time of termination of this Agreement under Section 19.6(a)(ii) or 19.6(a)(iii), or (ii) a Shareholder whose Proportionate Share has been reduced or eliminated, whether in accordance with the provisions of this Agreement or otherwise; and
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Related to Withdrawing Shareholder

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Company Shareholder means a holder of Company Shares.

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

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Initial Shareholder means any beneficial owner of the Company’s unregistered securities.

  • Preferred Shareholder means any holder of Preferred 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.

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

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Class A Shareholder means a holder of Class A Shares;

  • Defaulting Shareholder has the meaning set out in clause 16.7;

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Soliciting Shareholder means, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

  • Shareholder Associated Person of any Shareholder means (i) any person controlling, directly or indirectly, or acting in concert with, such Shareholder, (ii) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such Shareholder, and (iii) any person controlling, controlled by or under common control with such Shareholder Associated Person.

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

  • Stockholder Associated Person of any stockholder means (A) any person controlling, directly or indirectly, or acting in concert with, such stockholder, (B) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such stockholder or (C) any person directly or indirectly controlling, controlled by or under common control with such Stockholder Associated Person.

  • 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.

  • Founder means, in respect of an issuer, a person who,

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.