Examples of Excluded Territory in a sentence
Assuming that there are no Overseas Shareholders who have registered addresses in, or are residents in or citizens of an Excluded Territory, and if every Qualifying Shareholder takes up their Open Offer Entitlements in full there will be no Open Offer Shares available under the Excess Application Facility.
Shareholders with registered addresses or who are located in the United States or another Excluded Territory are, subject to certain exceptions, not eligible to participate in the Open Offer.
The Company reserves the right to reject any USE instruction from an Excluded Territory or any territory referred to in (ii) above or by a CREST participant who is acting on a non-discretionary basis on behalf of a person located within an Excluded Territory or any territory referred to in (ii) above.
If the Excluded Territory is in effect for three consecutive months or more than four months within a twelve-month period, the Excluded Territory will be permanently and automatically surrendered to the Master Franchisee without compensation to the Sub-Franchisee, unless the Master Franchisee has otherwise agreed in writing with the Sub-Franchisee.
For clarity, the Excluded Territory will be considered in effect for the period the Sub-Franchisee imposes the delivery surcharge on deliveries within the Excluded Territory.