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Common use of Majority Shareholder Clause in Contracts

Majority Shareholder. Purchaser understands that Seller is the current supermajority shareholder in Cartoon, owning ninety-nine percent (99.9%) of the Cartoon Stock

Appears in 3 contracts

Sources: Common Stock Purchase Agreement (Cartoon Acquisition, Inc.), Common Stock Purchase Agreement (Hudson Randolph S), Common Stock Purchase Agreement (Cartoon Acquisition, Inc.)

Related Clauses

  • Warrantholder not a Shareholder
  • FINRA Member Shareholders
  • Warrant Holder Not Shareholder
  • SELLING SHAREHOLDERS
  • WARRANT HOLDER NOT DEEMED A SHAREHOLDER

Parent Clauses

  • PURCHASER REPRESENTATIONS AND WARRANTIES
  • Additional Benefits
  • Other Definitional and Interpretive Provisions
  • Notices
  • Shareholder Proceedings

Sub-Clauses

  • Expenses of Majority Shareholders' Representative
  • Indemnification
  • Appointment
  • Reliance by Majority Shareholders' Representative
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