Ineligible Foreign Shareholder means a Scheme Participant whose address, as shown in the Register (as at the Record Date), is in a place outside Australia, New Zealand, Hong Kong, Singapore, China, Canada, Cyprus, United Kingdom or the United States, unless HoldCo is satisfied, acting reasonably, that the laws of that place permit the offer and issue of HoldCo Shares to that Scheme Participant and, in HoldCo’s sole discretion, is not unduly onerous or impracticable for HoldCo. A person is Insolvent if:
Ineligible Foreign Shareholder means a Scheme Shareholder whose address as shown in the M2 Register (as at the Record Date) is located outside of Australia and its external territories and New Zealand, and any other jurisdictions as may be agreed in writing by M2 and Vocus (unless Vocus is satisfied, acting reasonably, that it is permitted to allot and issue New Vocus Shares to that Scheme Shareholder pursuant to the Scheme by the laws of that place either unconditionally or after compliance with conditions that Vocus in its sole discretion regards as acceptable and not unduly onerous or impracticable).
Ineligible Foreign Shareholder means a Scheme Shareholder whose address shown in the Share Register on the Record Date is a place outside Australia and its external territories, unless Xxxxxxx (acting reasonably) determines that it is lawful and not unduly onerous or impracticable to issue that Scheme Shareholder with New Xxxxxxx Shares.
Examples of Ineligible Foreign Shareholder in a sentence
To the extent that there are any Ineligible Foreign Shareholders registered at the Record Date, the Company will send details of the Offer to each Ineligible Foreign Shareholder and advise each Ineligible Shareholder that they will not be offered New Shares under the Offer.
The Company disclaims all liability to the maximum extent permitted by law in respect of any determination as to whether a Shareholder is an Eligible Shareholder or an Ineligible Foreign Shareholder.
Unmarketable Parcel Shareholder means a Scheme Shareholder (other than an Ineligible Foreign Shareholder) who, on the Scheme Record Date, holds less than a marketable parcel (as that term is defined in the ASX Listing Rules) of Target Shares (assessed using the price of Target Shares on ASX at close of trade on the Effective Date).
Ineligible Shareholder means an Ineligible Foreign Shareholder or an Unmarketable Parcel Shareholder.
If a Target Shareholder is an Ineligible Foreign Shareholder that Target Shareholder will be entitled to receive the All Cash Consideration Option.
More Definitions of Ineligible Foreign Shareholder
Ineligible Foreign Shareholder means a Sunrise Energy Metals Shareholder who is not an Eligible Shareholder.
Ineligible Foreign Shareholder means each Share Scheme Participant who is not an Eligible Share Scheme Participant.
Ineligible Foreign Shareholder means any Share Scheme Participant whose address shown on the Incannex Share Register is a place outside the Eligible Jurisdictions, unless, no less than three Business Days prior to the Share Scheme Meeting, Incannex and US HoldCo agree in writing that it is lawful and not unduly onerous or unduly impracticable to issue that Incannex Shareholder with the US HoldCo Shares when the Share Scheme becomes Effective.
Ineligible Foreign Shareholder means a Scheme Shareholder whose address as shown in the BigAir Register (as at the Record Date) is in a place which Superloop reasonably determines is a place that it is unlawful or unduly onerous to issue that Scheme Shareholder with New Superloop Shares when the Scheme becomes Effective (provided that a Scheme Shareholder whose address shown in the BigAir Register is within Australia and its external territories and New Zealand will not be an Ineligible Foreign Shareholder).
Ineligible Foreign Shareholder means a VII Shareholder whose address as shown in the VII Share Register on the Record Date is a place outside Australia and its external territories, Singapore, Belgium, Malaysia, the Republic of Philippines and Vietnam unless SSE and VII are satisfied, acting reasonably, that the laws of that VII Shareholder's country of residence (as shown in the VII Share Register) permit the transfer of SSE Shares to that VII Shareholder, either unconditionally or after compliance with conditions which SSE in its sole discretion regards as acceptable. Proceeds means the proceeds of the SSE Shares sold by the Sale Nominee in respect of Ineligible Foreign Shareholders, in Australian dollars, less any applicable brokerage, stamp duty and other selling costs, taxes and charges. Record Date means 5.00 pm on the date which is 5 Business Days after the Effective Date. Registered Address means, in relation to a VII Shareholder, the address of that VII Shareholder shown in the VII Share Register as at the Record Date. Sale Nominee means the person appointed by VII to sell the SSE Shares that are attributable to Ineligible Foreign Shareholders under the terms of the Scheme. Scheme means the scheme of arrangement under Part 5.1 of the Corporations Act between VII and Scheme Shareholders as set out in this document, subject to any alterations or conditions made or required by the Court pursuant to section 411(6) of the Corporations Act and approved in writing by SSE and VII. Scheme Consideration means 1 SSE Share for every 6.8 VII Shares held by a Scheme Shareholder as at the Record Date. Scheme Implementation Agreement has the meaning given in Recital C. Scheme Meeting means the meeting of VII Shareholders ordered by the Court in relation to the Scheme convened under section 411(1) of the Corporations Act. Scheme Share means each VII Share on issue as at the Record Date.
Ineligible Foreign Shareholder means each Scheme Shareholder whose address as shown in the Register as at the Record Date is a place outside Australia and New Zealand or such other country agreed to by Boart Longyear and Boart Canada. Meeting Date means the date on which Boart Xxxxxxxx Shareholders vote on a resolution to approve the Scheme under section 411(4)(a)(ii) of the Corporations Act. New Boart Canada Share means Boart Canada Shares to be issued under the Scheme as Scheme Consideration. Record Date means 7.00 pm on the day which is five Business Days after the Effective Date or any other date (after the Effective Date) agreed by the parties to be the record date to determine entitlements to receive Scheme Consideration under the Scheme. Register means the register of members of Boart Longyear. Relevant Date means, in relation to a Condition, the date or time specified in this document for its satisfaction or, if no date or time is specified, 8.00 am on the Second Court Date, subject, in either case, to extension to that date made under clause 4.6. Sale Agent means a person nominated by Boart Canada to sell the Scheme Consideration referrable to the Ineligible Foreign Shareholders in accordance with clause 2.5.
Ineligible Foreign Shareholder means each Scheme Shareholder whose address as shown in the Register as at the Record Date is a place outside Australia and New Zealand or such other country agreed to by Boart Longyear and Boart Canada. Record Date means 7.00 pm on the day which is five Business Days after the Effective Date or any other date (after the Effective Date) agreed by the parties to be the record date to determine entitlements to receive Scheme Consideration under the Scheme. Register means the register of Boart Xxxxxxxx Shareholders maintained under sections 168 and 169 of the Corporations Act. Registered Address means, in relation to a Boart Xxxxxxxx Shareholder, the address of the shareholder shown in the Register. Scheme Deed Poll means the deed poll executed by Boart Canada in favour of Boart Longyear Shareholders dated [insert date]. Scheme Implementation Deed means the Scheme Implementation Deed between Boart Xxxxxxxx and Boart Canada dated [insert date] 2018 relating to the implementation of the Scheme. Scheme Meeting means the Boart Xxxxxxxx Shareholders' meeting or meetings ordered by the Court to be convened under section 411(1) in relation to the Scheme. Scheme Share means each Boart Xxxxxxxx Share on issue as at the Record Date.