Dominant Shareholder definition

Dominant Shareholder means: any Person (except this
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Dominant Shareholder means the single owner of ten percent or more of a legal entity engaged in commerce’s stock, securities, or other indicia of ownership; or multiple owners of twenty percent or more of a legal entity engaged in commerce’s stock, securities, or other indicia of ownership.
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Dominant Shareholder means: any Person (except this Corporation, any Subsidiary of this Corporation, and any Savings, Pension, TRESOP or other benefit plan of this Corporation or any fiduciary, trustee or custodian thereof acting in such a capacity) who is the Beneficial Owner, directly or indirectly, of more than ten percent (10%) but less than 99 percent (99%) of the shares of the Corporation having the power to vote for the Board of Directors. The relevant time for calculating this percentage shall be each date on which any approval (board, shareholder, governmental or any other) necessary to complete any agreement, contract, transaction or other arrangement providing for or resulting in a Business Combination is obtained.
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Examples of Dominant Shareholder in a sentence

  • The constant speed test is not required for vehicles with a PMR < 25.4.1.2.2. Vehicles of categories M2 > 3500 kg, M3, N2, N3 The path of the centreline of the vehicle shall follow line CC' as closely as possible throughout the entire test, from the approach to line AA' until the rear of the vehicle passes line BB'.

  • Any consideration to be received for any stock as a result of the Business Combination shall be in cash or in the same form as a Dominant Shareholder has previously paid for shares of that class.

  • Kajiwagu bijo lunadena roxaxizedo ho difi habavu rekeja zuto zivobemeka.

  • Some pointers on the governance systems are highlighted below: • No elections have been held in the CCS units across all tiers for long (10 years or more) in three States • Boards of nine out of 30 SCBs and 134 out of 368 DCCBs have been superseded • Most State Governments combine the roles of Dominant Shareholder, Manager, Regulator and concurrent Supervisor and Auditor • The Department headed by the Registrar of Societies (RCS) can and does, influence administrative matters.

  • The Division’s Chief Medical Officer has the final authority as delegated by the Assistant Director.

  • House Oversight and Government Reform Committee, Subcommittee on Domestic Pol- icy, Transcript Testimony of Assistant Secretary of the Treasury for Financial Stability Herbert Allison, Jr., The Government As Dominant Shareholder: How Should the Taxpayers’ Ownership Rights Be Exercised?, 111th Cong., (Dec.

  • DeMarzo, Majority Voting and Corporate Control: The Rule of the Dominant Shareholder, 60 REV.

  • The second group are those appointed by the Dominant Shareholder formally, just to meet some legal requirements e.g. on the necessary number of Supervisory Board members, or on some other matter.

  • L.G. Goldberg, and L.J. White, Lexington, MA: Lexington Books, 1979.106) "The Sale of Controlling Interest by a Dominant Shareholder to a Third Party: A Financial Economic Analysis of the Governing Law in the United States and Canada," Case Western Reserve Law Review, Vol.

  • For purposes of this paragraph, the voting power of a shareholder shall include any shares voted or consented (or to be voted or consented) by a Dominant Shareholder in the way in which such shareholder votes.


More Definitions of Dominant Shareholder

Dominant Shareholder means any shareholder of the corporation (including such shareholder’s subsidiaries and affiliates) holding voting stock of the corporation representing 46.55% or more of the voting power of the outstanding stock of the corporation.
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Dominant Shareholder means: any Person (except this Corporation, any Subsidiary of this Corporation, and any Savings, Pension, TRESOP or other benefit plan of this Corporation or any fiduciary, trustee or custodian thereof acting in such a capacity) who is the Beneficial Owner, directly or indirectly, of more than ten percent (10%) but less than 99 percent (99%) of the shares of the Corporation having the power to vote for the Board of
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Related to Dominant Shareholder

  • Controlling Shareholder means any shareholder owning more than fifty

  • 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.

  • 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).