IDR Holders definition

IDR Holders means the holders of Registrable Securities (as such term is defined in the IDR Registration Rights Agreement).
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IDR Holders has the meaning assigned to such term in the IDR Purchase Agreement.
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IDR Holders has the meaning assigned to such term in the Recitals.
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Examples of IDR Holders in a sentence

  • Whilst such Withdrawal Order may be amended from time to time, to update the process and options available with the IDR Holders, the Domestic Depository and the Registrar shall accept any version of the Withdrawal Order (provided relevant details/enclosures are submitted).

  • IDR Holders will only be entitled to receive Shares under the withdrawal and delivery process to the extent permitted by all applicable laws.

  • Simultaneously, the Domestic Depository shall also intimate the Security Depositories to make the necessary changes to the securities account of the IDR Holders.

  • In order to surrender the IDRs and request the sale of the Shares underlying the IDRs being surrendered by the IDR Holders, on the LSE, IDR Holders are not required to open or have a CREST Account in the United Kingdom.

  • The Shares corresponding to the IDRs surrendered under the Cash-out Option by the IDR Holders would be offered for sale on the LSE in the open market.

  • The Company or the Domestic Depository shall not require any instruction from the IDR Holders for such sale of the Shares underlying the Sale IDRs.

  • The Domestic Depository shall thereafter distribute the sale proceeds to the relevant IDR Holders, calculated at the average price of all Shares sold on the LSE, in proportion to the Sale IDRs held by them.

  • The Domestic Depository shall deduct the applicable brokerage fee (tentatively 20 bps per Share) for the services of the broker, from the sale proceeds of the sale of the Shares underlying the Sale IDRs, before these are distributed to the respective IDR Holders.

  • Simultaneously, the Domestic Depository shall also intimate the Security Depositories to make the necessary changes to the securities account of the relevant IDR Holders and extinguish the Sale IDRs held in demat form, except in the case of (i) Encumbered IDRs; and (ii) Sale IDRs subject to a Suspended Account.

  • To address the queries of the IDR Holders, the Domestic Depository and the Registrar have set up dedicated telephone helplines during the working hours (i.e. 9:00 am to 6:00 pm) on all working days, until a period of six (6) months from the completion of the Termination Process.


More Definitions of IDR Holders

IDR Holders means holder(s) of Indian Depository Receipts.
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IDR Holders means holder(s) of Indian Depository Receipts. (b)“Depository Agreement” shall mean an agreement between the listed entity and the
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Related to IDR Holders

  • Other Holders means holders of Other Notes.

  • Selling Holders means, with respect to a specified registration pursuant to this Agreement, Holders whose Registrable Securities are included in such registration.

  • Initial Holders has the meaning set forth in the preamble.

  • Eligible Holders has the meaning set forth in Section 2.01(a).

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.