Examples of Application Moneys in a sentence
BPAY® payments of Application Moneys must be received before 5.00pm (WST) on the Closing Date.
If payment is not received for the full Entitlement, an Eligible Shareholder will be deemed to have taken up their Entitlement in respect of such whole number of New Shares that is covered by their Application Moneys.
In that event, relevant Application Moneys will be refunded without interest in accordance with the Corporations Act.
In this event and in accordance with the Corporations Act, the Company will refund without payment of interest all Application Monies in relation to New Shares not already issued.To the fullest extent permitted by law, each Eligible Shareholder acknowledges that any Application Monies paid will not entitle the Shareholder to receive any interest earned in respect of Application Moneys and any interest will accrue solely for the benefit of the Company.
All Application Moneys in relation to which Shortfall Shares are not allocated will be returned without interest.