Examples of Unsuitable Person in a sentence
At the option of the Company, Shares owned by an Unsuitable Person may be redeemed by the Company (the " Redemption'') for the Redemption Price out of funds lawfully available on the Redemption Date.
Payments made by the Company of the cash portion of the Applicable Price, less any applicable taxes and any costs to the Company of the Transfer, are conclusively deemed to have been made upon the mailing of a cheque in a postage prepaid envelope addressed to the Unsuitable Person unless such cheque is dishonoured upon presentment.
Payments made by the Company of the cash portion of the Applicable Price, less any applicable taxes and any costs to the Company of the Redemption, are conclusively deemed to have been made upon the mailing of a cheque in a postage prepaid envelope addressed to the Unsuitable Person unless such cheque is dishonoured upon presentment.
Upon such payment, the Company shall be discharged from all liability to the former Unsuitable Person in respect of the Transferred Shares.
If the Contractor is or becomes aware that any Personnel is an Unsuitable Person, they must immediately withdraw the Unsuitable Person’s access to Student Personal Information and notify SADE.