Ineligible Foreign Holder definition

Ineligible Foreign Holder means any Scheme Participant whose address shown on the 92 Energy Share Register as at the Record Date is a place outside Australia, Canada (British Columbia, Ontario, Quebec, Saskatchewan and Alberta provinces only), Hong Kong, New Zealand, Singapore, the United Kingdom and the United States and such other jurisdictions as agreed in writing between the parties, unless, no less than three Business Days prior to the Scheme Meeting, the parties agree in writing that it is lawful and not unduly onerous or unduly impracticable to issue that 92 Energy Shareholder with the Scheme Consideration when the Scheme becomes Effective. Ineligible Scheme Consideration has the meaning given in clause 6.9(b).
Ineligible Foreign Holder means any Scheme Participant whose address shown on the 92 Energy Share Register as at the Record Date is a place outside Australia, Canada (British Columbia, Ontario, Quebec, Saskatchewan and Alberta provinces only), Hong Kong, New Zealand, Singapore, the United Kingdom and the United States and such other jurisdictions as agreed in writing between the parties, unless, no less than three Business Days prior to the Scheme Meeting, the parties agree in writing that it is lawful and not unduly onerous or unduly impracticable to issue that 92 Energy Shareholder with the Scheme Consideration when the Scheme becomes Effective. Insolvency Event means in relation to a person:
Ineligible Foreign Holder means a Scheme Optionholder:

Examples of Ineligible Foreign Holder in a sentence

  • An amount credited to the account is to be treated as having been paid to the Ineligible Foreign Holder or Small Parcel Holder (as applicable).

  • Where the calculation of the number of Red Light Shares to be issued to a particular Scheme Participant (or to the Sale Agent in the case of an Ineligible Foreign Holder) as Scheme Consideration would result in the issue of a fraction of a Red Light Share, the fractional entitlement will be rounded down to the nearest whole number of Red Light Shares.

  • An amount credited to the account is to be treated as having been paid to the Ineligible Foreign Holder.

  • The sale of the YM Shares under this clause 5.2 will be at the risk of the Ineligible Foreign Holder.

  • Red Light will be under no obligation under this deed to allot or issue, and will not issue or procure to be issued any Option Scheme Consideration in the name of any Ineligible Foreign Holder and, instead, will issue the Red Light Shares to which the Ineligible Foreign Holder would have otherwise been entitled to the Sale Agent, in trust for the Ineligible Foreign Holder who is the beneficial owner thereof.


More Definitions of Ineligible Foreign Holder

Ineligible Foreign Holder means a Scheme Shareholder:
Ineligible Foreign Holder means a Scheme Participant whose address as shown in Target’s Share Register or on the Target’s Option Register (as applicable) is located outside Australia and its external territories or New Zealand unless Bidder is satisfied that it is permitted to allot and issue New Bidder Shares to that Scheme Participant pursuant to the Schemes by the laws of that place, without having to comply with any governmental approval or other consent or registration, filing or other formality which Bidder regards as unduly onerous. March 2025 Options means options to acquire Target Shares exerciseable at $0.20 and expiring on 28 March 2025 (ASX code: ASOAF). New Bidder Shares means the new Bidder Shares to be issued under the terms of the Scheme as Scheme Consideration. Non-Scheme Options means options to acquire Target Shares exerciseable at $0.15 and expiring on 4 April 2026 (ASX code: ASOAG). Non-Scheme Options Consideration means 1 New Bidder Share for every 0.00082 Non- Scheme Options held.
Ineligible Foreign Holder means any Scheme Participant whose address shown on the Piedmont Share Register as at the Record Date is a place outside Australia, New Zealand, United States, Canada, Hong Kong, Singapore, United Kingdom, Taiwan, Germany and such other jurisdictions as agreed in writing between the parties, unless, no less than three Business Days prior to the Scheme Meeting, Piedmont and US Holdco agree in writing that it is lawful and not unduly onerous or unduly impracticable to issue that Piedmont Shareholder with the Scheme Consideration when the Scheme becomes Effective. GST has the meaning given to it in the GST law.
Ineligible Foreign Holder means any Scheme Participant or Option Scheme Participant (as applicable) whose address shown on the Creso Share Register or Creso Listed Option Register as at the Record Date is a place outside Australia, New Zealand, Canada, Switzerland and such other jurisdictions as agreed in writing between the parties, unless, no less than three Business Days prior to the Scheme Meeting or Option Scheme Meeting (as applicable), Creso and Red Light agree in writing that it is lawful and not unduly onerous or unduly impracticable to issue that Creso Shareholder with the Scheme Consideration when the Scheme becomes Effective.
Ineligible Foreign Holder means a Scheme Participant whose address in the Register is in a jurisdiction outside Australia, except where SPI and EXG are reasonably satisfied that the issue of New SPI Shares in that jurisdiction under the Scheme would be neither prohibited by law nor unduly onerous.
Ineligible Foreign Holder means a Scheme Participant whose address in the Register is in a jurisdiction outside Australia, except where SPI and EXG are reasonably satisfied that the issue of New SPI Shares in that jurisdiction under the Scheme would be neither prohibited by law nor unduly onerous. Listing Rule means a listing rule of ASX. New SPI Shares means those SPI Shares to be issued to Scheme Participants in consideration for their Scheme Shares under the terms of this Scheme. Record Date means 5.00pm on the day which is three (3) Business Days after the Effective Date, or such other date agreed by the parties in writing. Registered Address means, in relation to a Scheme Participant, the address of the Scheme Participant shown in the Register.
Ineligible Foreign Holder means an SMX Shareholder or a SMX Optionholder: