Rights Issues Sample Clauses

Rights Issues. If and whenever the Company announces its intention to make any offer or invitation to the holders of Shares to subscribe for or to acquire Shares, securities or other assets by way of rights, the Depositary shall as soon as practicable give notice to the Holders, in accordance with Condition 22, of such offer or invitation, specifying, if applicable, the earliest date established for acceptance thereof, the last date established for acceptance thereof and the manner by which and time during which Holders may request the Depositary to exercise such rights as provided below or, if such be the case, specifying details of how the Depositary proposes to distribute the rights or the proceeds of any sale thereof. The Depositary will deal with such rights in the manner described below: (a) if and to the extent that the Depositary shall, at its discretion, deem it to be lawful and reasonably practicable, the Depositary shall make arrangements whereby the Holders may, upon payment of the subscription price in Tenge or other relevant currency together with such fees, taxes, duties, charges, costs and expenses (including cable (including SWIFT) and facsimile transmission fees and expenses) as may be required under the Deposit Agreement and completion of such undertakings, declarations, certifications and other documents as the Depositary may reasonably require, request the Depositary to exercise such rights on their behalf with respect to the Deposited Shares and to distribute the Shares, securities or other assets so subscribed or acquired to the Holders entitled thereto by an increase in the numbers of GDRs represented by the Master GDRs or an issue of certificates in definitive registered form in respect of GDRs, according to the manner in which the Holders hold their GDRs; or (b) if and to the extent that the Depositary shall at its discretion, deem it to be lawful and reasonably practicable, the Depositary will distribute such rights to the Holders entitled thereto in such manner as the Depositary may at its discretion determine; or (c) if and to the extent that the Depositary deems any such arrangement and distribution as is referred to in paragraphs (a) and (b) above to all or any Holders not to be reasonably practicable (including, without limitation, due to the fractions which would otherwise result or to any requirement that the Company, the Custodian or the Depositary withhold an amount on account of taxes or other governmental charges) and/or to be unlawf...
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Rights Issues. If prior to an exercise of an Option, but after the issue of the Option, any offer or invitation is made by the Company to at least all the holders of Shares resident in Australia for the subscription for cash with respect to Shares, options or other securities of the Company on a pro rata basis relative to those holders’ shareholding at the time of the offer, the Options Exercise Price will be reduced as specified in the Listing Rules in relation to pro-rata issues (except bonus issues).
Rights Issues. 11.1 Any shares or securities allotted under Clause 12 of the Deed shall be treated as Plan Shares identical to the shares in respect of which the rights were conferred. They shall be treated as if they were awarded to or acquired on behalf of the Participant under the Plan in the same way and at the same time as those Plan Shares in respect of which they are allotted. 11.2 Rule 11.1 does not apply: (a) to shares and securities allotted as the result of taking up a rights issue where the funds to exercise those rights were obtained otherwise than by virtue of the Trustees disposing of rights in accordance with this Rule; or (b) where the rights to a share issue attributed to Plan Shares are different from the rights attributed to other ordinary shares of the Company.
Rights Issues. If the Company issues to all or substantially all holders of the Common Stock any rights, options or warrants entitling them, for a period of not more than 45 calendar days after the announcement date of such issuance, to subscribe for or purchase shares of the Common Stock at a price per share that is less than the arithmetic average of the Last Reported Sale Prices of the Common Stock on each Trading Day comprised in the period of 10 consecutive Trading Days immediately preceding the date of announcement of such issuance, the Basic Warrant Exercise Rate shall be increased based on the following formula: where: = the Basic Warrant Exercise Rate in effect at the open of business on the Ex-Date for such issuance; = the Basic Warrant Exercise Rate in effect immediately prior to the open of business on the Ex-Date for such issuance; = the number of shares of Common Stock outstanding immediately prior to the open of business on the Ex-Date for such issuance; = the total number of shares of Common Stock issuable pursuant to such rights, options or warrants; and = the number of shares of Common Stock equal to the aggregate price payable to exercise such rights, options or warrants, divided by the arithmetic average of the Last Reported Sale Prices of the Common Stock on each Trading Day comprised in the period of 10 consecutive Trading Days immediately preceding the date of announcement of the issuance of such rights, options or warrants. Any adjustment to the Basic Warrant Exercise Rate made under this clause (b) shall be made whenever any such rights, options or warrants are issued and shall become effective at the open of business on the Ex-Date for such issuance. To the extent that shares of the Common Stock are not delivered after the expiration of such rights, options or warrants, the Basic Warrant Exercise Rate shall be decreased to the Basic Warrant Exercise Rate that would then be in effect had the increase with respect to the issuance of such rights, options or warrants been made on the basis of delivery of only the number of shares of Common Stock actually delivered. If an adjustment to the Basic Warrant Exercise Rate is made in respect of any such issuance of rights, options or warrants but such rights, options or warrants are not so issued, the Basic Warrant Exercise Rate shall be readjusted, effective as of the date the Board of Directors determines not to issue such rights, options or warrants, to the Basic Warrant Exercise Rate that would then be...
Rights Issues. References to offers by way of rights include offers which are subject to such exclusions or other arrangements as the Board of RTL or the Board of RTP, as the case may be, may deem necessary or expedient in relation to fractional entitlements or legal or practical problems under the laws of, or the requirements of any recognised regulatory body or any stock exchange in, any territory.
Rights Issues. If the Client holds share positions on the last date to trade as specified by the issuer of such shares, the Client may receive an offer to acquire shares or other Securities in respect of the issuer (“the Rights Offer”). The Rights Offer may be renounceable or non-renounceable. The Client shall provide Velocity Trade with a written instruction as to the Rights Offer within the time period specified by Velocity Trade. If the Rights Offer is non- renounceable, the Client shall be entitled to accept or reject the Rights Offer. If the Rights Offer is renounceable, the Client shall be entitled to accept or reject the Rights Offer or sell the Rights Offer to a third party. If the Client fails to respond to a non-renounceable Rights Offer within the period specified by Velocity Trade, the Rights Offer may lapse and have no further force and effect. If the Client fails to response to a renounceable Rights Offer within the time period specified by Velocity Trade, Velocity Trade shall be entitled, but not obliged, to sell the Rights Offer to any third party for the account of the Client. The proceeds from the sale of the Rights Offer will be for the account of the Client less the fees payable to Velocity Trade in terms of this Agreement.
Rights Issues. Whenever an issuer makes an invitation or offer for the subscription of additional CDP Securities by way of rights (“Rights”), DBS Xxxxxxx shall:-
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Rights Issues. A Beneficiary shall be entitled to participate in any Rights Issue in respect of his Reserved Shares (including those which are the subject matter of an Option) and all Capitalisation Shares linked thereto, as if the Acquisition Price of those Scheme Shares was at the Record Date already paid in full. The provisions of this Deed shall apply, mutatis mutandis, to such Rights Issue Shares as if they were Scheme Shares. Until payment in full of the Acquisition Price of the Scheme Shares to which such Rights Issue or Capitalisation Shares attach and of the price of the Rights Issue Shares, such Rights Issue or Capitalisation Shares shall be deemed to be Scheme Shares and shall also be subject to the pre-emption provisions referred to in Part V of the Schedule, the Put and Call Option (if applicable) and to the provisions of the Security Agreement executed by such Beneficiary. If a Beneficiary elects not to participate in any Rights Issue, any letter of allocation arising from the Rights Issue may, if the Trustees so decide, be sold for the Beneficiary's benefit or acquired by the Trustees for a price equal to the Market Value of the rights on the day preceding the date of purchase (which shall be determined, in their discretion, by the Trustees or, if they so elect, by the Bankers) and the net proceeds, if any, of the sale shall be applied to reduce the Acquisition Price owing, or which may become owing, by the Beneficiary, provided that if the Beneficiary does not purchase (and implement the purchase of) the Scheme Shares in question, the amount so paid to the Trustees shall be forfeited to it.
Rights Issues. 13 11 CAPITALISATION ISSUES............................................................14 12 RECONSTRUCTIONS AND TAKE-OVERS...................................................15 13 ENTITLEMENTS.....................................................................15 14 INFORMATION AND ACCOUNTING FOR INCOME TAX........................................16 15 TRUSTEES' POWERS OF DELEGATION...................................................16 16 ADMINISTRATION...................................................................17 17 PROVISIONS RELATING TO THE TRUSTEES..............................................18 18 APPOINTMENT REMOVAL AND RETIREMENT OF TRUSTEES...................................20 19 RESIDENCE AND NUMBER OF TRUSTEES.................................................20 20 ALTERATIONS......................................................................21 21 TERMINATION......................................................................21 22 GENERAL..........................................................................21 SCHEDULE ONE 1 DEFINITIONS......................................................................23 PART ONE - FREE SHARES 2 APPROPRIATION OF FREE SHARES.....................................................36 3 TRANSFER OF FREE SHARES..........................................................40 4 CESSATION OF EMPLOYMENT AND WITHDRAWAL OF FREE SHARES FROM THE PLAN..............40 PART TWO - PARTNERSHIP SHARES 5 INVITATIONS TO ACQUIRE PARTNERSHIP SHARES........................................43 6 ACQUISITION OF PARTNERSHIP SHARES................................................46 7 TRANSFER OF PARTNERSHIP SHARES...................................................48 8 CESSATION OF EMPLOYMENT..........................................................49 PART THREE - MATCHING SHARES 9 APPROPRIATION OF MATCHING SHARES.................................................51 10 TRANSFER OF MATCHING SHARES......................................................52 11 CESSATION OF EMPLOYMENT AND WITHDRAWAL OF MATCHING SHARES FROM THE PLAN..........53 PART FOUR - DIVIDEND SHARES 12 REINVESTMENT OF DIVIDENDS........................................................56 13 TRANSFER OF DIVIDEND SHARES......................................................57 14 CESSATION OF EMPLOYMENT..........................................................58 PART FIVE - GENERAL 15 ACQUISITION OF SHARES FOR APPROPRIATION.........................................60 16 ISSUE OF SHA...
Rights Issues. If the Company issues to all or substantially all holders of the Common Stock any rights, options or warrants entitling them, for a period of not more than 45 calendar days after the announcement date of such issuance, to subscribe for or purchase shares of the Common Stock at a price per share that is less than the arithmetic average of the Last Reported Sale Prices of the Common Stock on each Trading Day comprised in the period of 10 consecutive Trading Days immediately preceding the date of announcement of such issuance, the Basic Warrant Exercise Rate shall be increased based on the following formula: where: BWER1 = the Basic Warrant Exercise Rate in effect at the open of business on the Ex-Date for such issuance; BWER0 = the Basic Warrant Exercise Rate in effect immediately prior to the open of business on the Ex-Date for such issuance; OS0 = the number of shares of Common Stock outstanding immediately prior to the open of business on the Ex-Date for such issuance;
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