DTC Shares definition

DTC Shares means Public Equities that are registered in the name of DTC or its nominee, maintained in the form of book entries on the books of DTC, and are allowed to be settled through DTC’s regular book-entry settlement services.

DTC Shares means American Depositary Shares representing Ordinary Shares issued or sold to the Investor pursuant to this Agreement that are (i) issued in electronic form, (ii) freely tradable and transferable and without restriction on resale and (iii) timely credited by the Company to the Investor’s or its designee’s specified account through DTC.

DTC Shares means Common Shares that are registered in the name of DTC or its nominee, maintained in the form of book entries on the books of DTC, and are allowed to be settled through DTC’s regular book-entry settlement services.

Examples of DTC Shares in a sentence

• If you did not hold beneficial interests in the DTC Shares as at the DTC Specified Time, you will not be entitled to give voting instructions in respect of your beneficial interests.

• Your broker or nominee will submit your voting instructions according to your completed voting instruction card, and Cede & Co., the registered holder of the DTC Shares, or its appointed proxy, will vote the DTC Shares according to such voting instructions.

• In each case, you are required to follow the procedures set out in the notes to the notice convening the AGM.If you hold beneficial interests in our shares held by Cede & Co., as nominee for the Depository Trust Company (the “DTC Shares”), as of 4:00 p.m. (Central Time) on July 26, 2022 (the “DTC Specified Time”), you will receive a separate voting instruction card from your broker or nominee through whom you hold your beneficial interests in the DTC Shares.

• Critical Path steps can be executed more fully in the second iteration of the cycle.

• Provided that the Investor has delivered a Program Issuance and Delivery Instruction with respect to the Commitment Shares to the Company on the earlier of (i) the Commencement Date and (ii) such time that the Investor shall request, provided that the Registration Statement covers the Commitment Shares and the Purchase Shares, the Company shall, cause the Depositary to issue the Commitment Shares as DTC Shares free from any restrictive legend no later than two (2) Business Days following such date.

More Definitions of DTC Shares

DTC Shares means the American Depositary Shares representing Ordinary Shares issued or sold to the Investor pursuant to this Agreement that are (i) issued in electronic form, (ii) freely tradable and transferable and without restriction on resale and (iii) timely credited by the Company to the Investor’s or its designee’s specified account through DTC.

DTC Shares means Shares registered in the name of The Depository Trust Company (or its successor, “DTC”) or its nominee, maintained in the form of entries on the books of DTC, and allowed to be settled through DTC’s regular book-entry settlement services.

DTC Shares means those Pledged Securities, if any, consisting of securities held at DTC and maintained on the books and records of the Pledgor in the name of DTC or its nominee.

DTC Shares means all Common Shares or other shares of Common Stock issued or issuable to Investor or any Affiliate, successor or assign of Investor pursuant to any of the Transaction Documents, including without limitation any Warrant Shares, if any, that are issued or converted into electronic form, freely tradable and without restriction on resale, and timely credited to the account with DTC specified by the recipient of such shares.

DTC Shares means all shares of Common Stock issued or issuable to Investor or any Affiliate, successor or assign of Investor pursuant to any of the Transaction Documents, including without limitation any Conversion Shares, all of which shall be (a) issued in electronic form, (b) freely tradable and without restriction on resale, and (c) timely credited by Company to the specified Deposit/Withdrawal at Custodian (DWAC) account with DTC under its Fast Automated Securities Transfer (FAST) Program or any similar program hereafter adopted by DTC performing substantially the same function, in accordance with irrevocable instructions issued to and countersigned by the Transfer Agent, in the form attached hereto as Exhibit C, provided that if the Transfer Agent is not capable of issuing DTC Shares then clauses (a) and (c) above shall not apply.

DTC Shares shall have the meaning set forth in Section 9.04.

DTC Shares means Shares for which DTC is the record holder on books of account for the Trust maintained by the Transfer Agent.