fully paid definition

fully paid in relation to a share, means that the nominal value and any premium to be paid to the company in respect of that share have been paid to the company;

fully paid in relation to a share, means that the nominal value and any premium to be paid to the company in respect of that share have been paid to the company; “hard copy form” has the meaning given in section 1168 of the Companies Act 2006;

fully paid and “paid up” means paid up as to the par value and any premium payable in respect of the issue or re-designation of any Shares and includes credited as fully paid;

Examples of fully paid in a sentence

• Fully Paid Shares: The Shares will be fully paid and nonassessable and will be issued as partial consideration for the License Agreement.

• Apex Clearing Corporation By providing this Agreement to eligible Apex Customers who are applying to participate in Apex’s Fully Paid Lending Program, Apex agrees to the terms and conditions specified herein.

• You have the right to receive from us in the course of normal business operations, upon demand, the delivery of: a) any Free Credit Balances to which you are entitled, b) any Fully Paid Securities to which you are entitled, and c) any Securities purchased on margin upon full payment of any indebtedness to us.

• If you sell the Fully Paid Securities, you have lent out, or if you borrow against the securities (such that the securities become margin securities and are no longer fully paid or excess margin securities), the loan will terminate, and you will stop receiving the loan fee.

• In the SP’s, Fully Paid Securities Lending Program (the “Program”), you permit the SP to borrow from you any Fully Paid Securities in your portfolio and loan these securities out in the securities lending market.

More Definitions of fully paid

fully paid means paid up as to the par value in respect of the issue of any Shares and includes credited as fully paid;

fully paid means that the consideration received by the company satisfies, in both type and amount, the requirements of applicable state corporation law, such company’s certificate or articles of incorporation and by-laws, the resolutions approving the issuance, and any other applicable agreement;

fully paid in relation to a share, means the price at which the share was issued has been fully paid to the company;

fully paid has a correlative meaning.

fully paid means the payment in cash or cash equivalents in full of all obligations (other than indemnity obligations that survive payment in full) under the Credit Facility Loan Documents or the Indenture Documents, as the case may be, and in the case of the Credit Facility Loan Documents, at such time when there shall no longer be any obligation to make loans or advances or issue letters of credit (or guaranties in respect thereof) thereunder and there shall no longer be any letter of credit (or guaranty in respect thereof) outstanding thereunder or such letter of credit (or guaranty in respect thereof) shall have been fully cash collateralized (in accordance with the provisions of the Credit Facility Loan Documents).

fully paid in relation to a share, means that the nominal value and any

fully paid means that the proceeds of the issue have been received by the bank and are available to absorb losses. This is stricter than the Companies Act definition of fully paid, which only requires an undertaking to pay.