Examples of Cash Shares in a sentence
They may not apply to certain Shareholders, such as dealers in securities, insurance companies and collective investment schemes, Shareholders who are exempt from taxation and Shareholders who have (or are deemed to have) acquired their Return of Cash Shares by virtue of an office or employment.
In the event that the Exchange Agent is required pursuant to Section 2.2(c)(iii) hereof to convert some Stock Election Shares into Reallocated Cash Shares, each holder of Stock Election Shares (based upon the number of Stock Election Shares held) shall be allocated a pro rata portion of the total Reallocated Cash Shares, based on the percentage of the total number of Stock Election Shares held by such holder.
Accordingly, the New Ordinary Shares and the Return of Cash Shares will be treated as the same asset as the Shareholder's holding of Existing Ordinary Shares, and as having been acquired at the same time as the Shareholder's holding of Existing Ordinary Shares was acquired.
Upon such subscription, the Company will, at the request and option of each subscribing offeree, loan (the "Four Year Loan") such subscribing offeree sufficient funds, on a full recourse and secured basis, to purchase two additional Shares (all such Shares hereinafter the "Loan Shares") for each Share subscribed for hereunder for cash (the "Cash Shares").
In the event that the Exchange Agent is required pursuant to Section 2.2(d)(i)(3) hereof to convert some Stock Election Shares into Reallocated Cash Shares, each holder of Stock Election Shares (based upon the number of Stock Election Shares held) shall be allocated a pro rata portion of the total Reallocated Cash Shares.
When any of the Base Shares or Plus Cash Shares, as the case may be, shall have been issued in accordance with the Indenture upon conversion of the Plus Cash Notes, the Base Shares and Plus Cash Shares, as the case may be, so issued shall be legally issued, fully paid and nonassessable.
In the event that the Exchange Agent is required pursuant to Section 3.02(d)(i)(3) to convert some Stock Election Shares into Reallocated Cash Shares, each holder of Stock Election Shares shall be allocated a pro rata portion of the total Reallocated Cash Shares.
If the Exchange Agent is required pursuant to subsection 2.02(e)(i)(C) to convert some Common Stock Election Shares into Reallocated Cash Shares, each holder of Common Stock Election Shares shall be allocated a pro rata portion of the total Reallocated Cash Shares.
Distributions Other Than Cash, Shares or Rights.......................................15 SECTION 4.04.
In the event an Election Form is revoked prior to the Election Deadline and no subsequent Election Form is delivered to the Exchange Agent prior to the Election Deadline, the Elected Cash Shares represented by such Election Form shall not be deemed to be Elected Cash Shares and the holder (or beneficial owner) thereof shall not be deemed to have made a Cash Share Election with respect thereto.