Global Share Certificate Clause Samples
A Global Share Certificate is a document that represents all or a significant portion of a company's shares, typically held by a custodian or depositary on behalf of multiple investors. Instead of issuing individual share certificates to each shareholder, the company issues a single certificate that covers the entire shareholding, which can then be traded or transferred in portions through book-entry systems. This approach streamlines the administration of share ownership, reduces paperwork, and facilitates efficient trading and settlement, especially in international or large-scale offerings.
Global Share Certificate. On to the Capital Increase Registration Date, the Company shall have delivered to a designated affiliate of the Settlement Agent, in accordance with, and at the time provided for, in Section 2(d) hereof, (A) a duly executed global share certificate evidencing the Underlying Shares and (B) a certified excerpt from the Commercial Register pertaining to the Company evidencing the capital increase represented by the Underlying Shares.
Global Share Certificate. All shares of the Company are issued in two global share certificates (the "Global Share Certificate") which are owned in fractional co-ownership by all shareholders of the Company, deposited with Clearstream Banking AG.
Global Share Certificate. On to the Capital Increase Registration Date, the Company shall have delivered to RBC or a designated nominee of RBC, in accordance with, and at the time provided for, in Section 2(d) hereof, (A) a duly executed global share certificate evidencing the Underlying Shares and (B) a certified excerpt from the Commercial Register pertaining to the Company evidencing the capital increase represented by the Underlying Shares.