Excess Rights Units definition

Excess Rights Units means the Rights Units represented by the provisional allotments (A) of (i) Eligible Unitholders who decline, do not accept, and elect not to renounce or sell their Rights Entitlements under the Rights Issue (during the Rights Entitlements trading period prescribed by the SGX-ST) and/or (ii) Ineligible Unitholders which have not been sold during the Rights Entitlements trading period or (B) that have not been validly taken up by the original allottees, renouncees of the Rights Entitlements or the purchasers of the Rights Entitlements.

Excess Rights Units means the Rights Units represented by the provisional allotments (A) of (i) Eligible Unitholders who decline, do not accept, and elect not to renounce or sell their Rights Entitlements under the Rights Issue (during the “nil-paid” rights trading period prescribed by the SGX-ST) and/or (ii) Ineligible Unitholders (as defined herein) which have not been sold during the “nil-paid” rights trading period or (B) that have not been validly taken up by the original allottees, renouncees of the provisional allotments or the purchasers of the “nil-paid” Rights Units.

Excess Rights Units means the Rights Units represented by the provisional allotments (A) of (i) Eligible Unitholders who decline, do not accept, and elect not to renounce or sell their Rights Entitlements under the Rights Issue (during the Rights Entitlements trading period prescribed by the SGX-ST) and/or (ii) Ineligible Unitholders which have not been sold during the Rights Entitlements trading period or (B) that have not been validly taken up by the original allottees, renouncees of the Rights Entitlements or the purchasers of Rights Entitlements.general offer under Rule 14 of the Singapore Code on Take-overs and Mergers as a result of the issue of the Rights Units to CDPL, and the fulfilment of the said conditions;(d) subject to the “whitewash waiver” in paragraph (c) above being granted, the passing of the necessary resolution by the Independent Unitholders at a general meeting of First REIT to waive their rights to receive a mandatory general offer for First REIT from CDPL, as a result of the issue of the Rights Units to CDPL (“Whitewash Resolution”); and(e) the lodgement of the Offer Information Statement10 with the MAS, together with all other accompanying documents (if applicable), in connection with the Rights Issue.2.4 Approval in-PrincipleThe SGX-ST had on 24 December 2020 given its approval in-principle for the listing and quotation of the Rights Units on the Main Board of the SGX-ST. The SGX-ST’s approval in- principle is not to be taken as an indication of the merits of LPKR MLA Restructuring, the Rights Issue, the Rights Units, First REIT and/or its subsidiaries. (See the Rights Issue Announcement for further details.)2.5 Eligibility to Participate in the Rights Issue2.5.1 Eligible UnitholdersEligible Unitholders are Unitholders with Units standing to the credit of their securities account with CDP (but do not include securities sub-accounts) and whose registered addresses with CDP are in Singapore as at the Rights Issue Record Date or who have, at least three Market Days11 prior to the Rights Issue Record Date, provided CDP with addresses in Singapore for the service of notices and documents, but exclude, subject to certain exceptions, Unitholders located, resident or with a registered address in any jurisdiction in which the offering of Rights Units and Rights Entitlements may not be lawfully made (“Eligible Unitholders”). Only Eligible Unitholders are eligible to participate in the Rights Issue.Eligible Unitholders are at liberty to accept in part or in ful...

Examples of Excess Rights Units in a sentence

• If acceptances of the Rights Entitlements and (if applicable) applications for Excess Rights Units, as the case may be, are made through CDP in accordance with the ARE and the ARS.

• In fact, this debate could be healthy, provided that it is inclusive and transparent.

• Such Unitholders who wish to accept their Rights Entitlements and (if applicable) apply for Excess Rights Units using SRS monies, must instruct the relevant approved banks in which they hold their SRS Accounts to accept their Rights Entitlements and (if applicable) apply for Excess Rights Units on their behalf in accordance with this Offer Information Statement.

• Unitholders who had purchased Units using their SRS Accounts and who wish to accept their Rights Entitlements and (if applicable) apply for Excess Rights Units can only do so, subject to applicable SRS rules and regulations, using monies standing to the credit of their respective SRS Accounts.

• Such Unitholders who have insufficient funds in their CPF Investment Accounts may deposit cash into their CPF Investment Accounts with their approved banks to enable them to accept their Rights Entitlements and (if applicable) apply for Excess Rights Units.

• In the allotment of Excess Rights Units, preference will be given to the rounding of odd lots, followed by allotment to the Unitholders who are neither Substantial Unitholders nor Directors.

• Mahua Banerjee, Chiranjeev Kumar, & Sushil Ranjan Roy, “A New Dimension to Modular System Product Lines using Feature Oriented Programming,” Published in the InternationalJournal of Advances Computer Engineering and Architecture (IJACER), Vol.

• Eligible Unitholders are at liberty to accept in part or in full, decline or otherwise renounce or trade (during the Rights Entitlements trading period prescribed by the SGX-ST) their Rights Entitlements and are eligible to apply for Excess Rights Units.

• The Manager reserves the right to refuse any application for Excess Rights Units, in whole or in part, without assigning any reason whatsoever therefor.

• In the allotment of Excess Rights Units, preference will be given to the rounding of odd lots (if any).