Bearer Shares definition

Bearer Shares means shares that may be transferred by delivery of the warrant or certificate relating thereto;
Bearer Shares. Any entity that has issued or has the ability to issue negotiable instruments that accord ownership in a legal person to the person who possesses the physical bearer share certificate.
Bearer Shares means shares issued by a company which assigns ownership to whomever has possession of the non- immobilized physical share certificates.

Examples of Bearer Shares in a sentence

  • Upon issue, and subject to the Class they belong to, the Shares are entitled to participate equally in the profits and dividends of the Sub-Fund attributable to the relevant Class of Shares in which they have been issued as well as in the liquidation proceeds of such Sub-Fund.If Bearer Shares are issued for any Class of Shares, Global Share Certificates will be issued as described under "Subscriptions and Redemptions of Shares (Primary Market)".

  • Bearer Shares that have been previously issued must be deposited with the bearer Shares depository.

  • Shareholders failing to immobilise their bearer shares with the Custodian of Bearer Shares by 18 February 2015 will have the voting rights attached to their shares suspended until they are effectively immobilised.

  • Shareholders holding bearer shares are therefore required to immobilise these shares with the Custodian of Bearer Shares.

  • Shareholders failing to immobilise their bearer shares with the Custodian of Bearer Shares by 18 February 2016 will have their shares cancelled and the funds corresponding to these shares cancelled or, failing that, other assets with a countervalue equivalent to the cancelled shares will be deposited with the Caisse de Consignation until a person who is able to demonstrate that he or she is the holder requests their return.


More Definitions of Bearer Shares

Bearer Shares means shares issued by a company which assigns ownership to whomever has possession of the physical share certificates. You are solely responsible for understanding and complying with your tax and other filing obligations with respect to your U.S. and non-U.S. accounts in all countries in which those obligations may arise. You should consult a tax adviser for more information. You acknowledge and agree that, in order to comply with United States tax laws, the Bank may (i) disclose information about you and your account (including transactional information) to the United States Internal Revenue Service ("IRS"); (ii) request certain documentation (including IRS Forms W-8 or W-9) and additional information from you with respect to your account; (iii) withhold U.S. tax from your account or from payments made to you or your account; and (iv) close your account if you have not provided requested documentation or information.
Bearer Shares means securities that are not registered on the books of the issuing corporation and thus payable to any possessor of the shares.
Bearer Shares means negotiatble instruetns attributing owership of a legal person to a person holding a non-registered certificate of the same;
Bearer Shares means negotiable instruments that accord ownership in a legal person to the person who possesses the bearer share certificate;[definition of “bearer shares” inserted by section 4(f) of Act 2 of 2022]
Bearer Shares has the meaning assigned to such term in Section 11.29.
Bearer Shares means unlisted or unregistered share ownership which can be transferred by the physical delivery of the share certificate without any other action. Use of bearer shares allows ownership of a corporation to be conveyed by simply transferring physical possession of share certificates.
Bearer Shares means unlisted or unregistered share ownership which can be transferred by the physical delivery of the share certificate without any other action. Use of bearer shares allows ownership of a corporation to be con-