Allotment Right definition

Allotment Right means a right to the holder of the Share Entitlement Note
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Allotment Right means a right to the holder of the Share Entitlement Note to call for the issue by HLD to it of a fixed number of fully paid HLD Shares without having to make any payment
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Examples of Allotment Right in a sentence

  • Validity period The Share Entitlement Note remains valid until the Allotment Right is or is deemed to be exercised or cancelled.

  • Application will be made to the Listing Committee of the Stock Exchange for the listing of, and permission to deal in, any new SHT Shares which may be issued pursuant to exercise of the Allotment Right.

  • The Share Entitlement Note procured to be issued by SHT to MEL at Completion will carry an Allotment Right for 147,626,347 SHT Shares.

  • However, any SEN assigned to APL or any of its subsidiaries will be automatically cancelled and the Allotment Right thereunder will be automatically extinguished, and therefore they will not receive any APL Shares under the Proposed Distribution.

  • Entitlement The Share Entitlement Note confers on the holder the Allotment Right.

  • Transferability and exercise The Share Entitlement Note may be assigned once only upon consummation of the Proposed Distribution, and the Allotment Right thereunder is deemed to be automatically exercised upon such assignment, so that the relevant SHT Shares will be automatically issued to the relevant MEL Shareholders.

  • Share Entitlement Note Issuer Duplexway Limited, a wholly-owned subsidiary of SHT Guarantor SHT Entitlement The Share Entitlement Note confers on the holder the Allotment Right.

  • The Share Entitlement Note shall confer the Allotment Right to call on Eternity to allot and issue up to a maximum of 1,500,000,000 Eternity Consideration Shares to Jiuhao Health’s assignee(s) upon Completion.

  • However, any Share Entitlement Note assigned to SHT or any of its subsidiaries will be automatically cancelled and the Allotment Right thereunder will be automatically extinguished, and therefore they will not receive any SHT Shares under the Proposed Distribution.

  • The Share Entitlement Note procured to be issued by SHT to the Company at Completion will carry an Allotment Right for 147,626,347 SHT Shares.

Related to Allotment Right

  • Allotment means the distribution of job credits based upon need as determined by the community colleges.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Over-Allotment Units means the additional number of Private Units the Sponsor will be required to purchase in the event that the underwriters in the Company’s initial public offering exercise their over-allotment option, as described in the prospectus relating to the Company’s initial public offering.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Purchase Option Price means the amount payable by a Lessee upon the exercise of its option to purchase a related 2024-1 Vehicle which amount equals (a) with respect to a Matured Vehicle, the Contract Residual Value plus any fees, taxes and other charges imposed in connection with such purchase and (b) with respect to a related 2024-1 Vehicle for which the related 2024-1 Lease has been terminated early by the Lessee, the sum of (i) any unpaid Monthly Payments due, (ii) any fees, taxes and other charges imposed in connection with the related 2024-1 Lease, (iii) an early termination fee and (iv) the Actuarial Payoff.

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Offering Shares means the Class A Shares sold in the Offering, whether such Class A Shares were purchased in the Offering or in the secondary market following the Offering and whether or not such holders are affiliates of the Sponsor.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Option Units means the Common Units that the Partnership will agree to issue upon an exercise of the Over-Allotment Option.

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Optioned Shares means Shares subject to an Award granted pursuant to this Plan.

  • Unissued Option Shares means the number of Shares, at a particular time, which have been reserved for issuance upon the exercise of an Option but which have not been issued, as adjusted from time to time in accordance with the provisions of section 5, such adjustments to be cumulative.

  • Option means a stock option granted pursuant to the Plan.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.