Ineligible Foreign Shareholder definition

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).

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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 BTH Share Register (as at the Scheme Record Date) is in a place outside Australia and New Zealand, unless SPAC and BTH agree in writing that it is lawful and not unduly onerous or impracticable to issue New Pubco Shares to that Scheme Shareholder on the Implementation Date if the Scheme Shareholder so elects under the Scheme. Insolvency Event means in relation to a person:

Examples of Ineligible Foreign Shareholder in a sentence

Newmont or Newmont Overseas must pay any amount so withheld to the relevant taxation authorities within the time permitted by law, and, if requested in writing by the relevant Ineligible Foreign Shareholder, provide a receipt or other appropriate evidence of such payment (or procure the provision of such receipt or other evidence) to the relevant Ineligible Foreign Shareholder.
BIP will be under no obligation to provide or cause to be provided, and must not provide, any BIP CDIs under this Scheme to any Ineligible Foreign Shareholder and, instead, Table of Contents subject to clause 5.11, must procure that those BIP CDIs (including fractions of BIP CDIs) which, but for this clause 5.6, would be required to be so provided are dealt with on behalf of the Ineligible Foreign Shareholders in accordance with clause 5.7.
Where a Scheme Shareholder is an Ineligible Foreign Shareholder, the number of Holdco Shares to which that Scheme Shareholder would otherwise have been entitled to under the Scheme (after any necessary rounding) will be issued to the Sale Agent (in the form of Holdco CDIs) and sold under the Sale Facility.
Vault must pay any amount so withheld to the relevant taxation authorities within the time permitted by law, and, if requested in writing by the relevant Ineligible Foreign Shareholder, provide a receipt or other appropriate evidence of such payment (or procure the provision of such receipt or other evidence) to the relevant Ineligible Foreign Shareholder.
Where a Scheme Shareholder is an Ineligible Foreign Shareholder, the number of Holdco Shares to which that Ineligible Foreign Shareholder would otherwise have been entitled to under Share Scheme will be issued to a nominee appointed by Holdco.

More Definitions of Ineligible Foreign Shareholder

Ineligible Foreign Shareholder means a Scheme Shareholder whose address, as shown in the Register (as at the Scheme Record Date), is in a place outside Australia, Canada, European Union (excluding Austria), Hong Kong, Kazakhstan, Korea, Mexico, New Zealand, Norway, Singapore, South Africa, Switzerland, the United Kingdom and the United States, unless Neuphoria is satisfied, acting reasonably, that the laws of that place permit the offer and issue of Neuphoria Shares to that Scheme Shareholder, either unconditionally or after compliance with conditions that Neuphoria in its sole discretion regards as acceptable and not unduly onerous or impracticable.

Ineligible Foreign Shareholder means each Share Scheme Participant who is not an Eligible Share Scheme Participant.

Ineligible Foreign Shareholder means a Sunrise Energy Metals Shareholder who is not an Eligible Shareholder.

Ineligible Foreign Shareholder means any Share Scheme Participant whose address shown on the Nova Minerals Share Register as at the Record Date is a place outside Australia, New Zealand, United States and such other jurisdictions determined by Nova Minerals, unless, no less than three Business Days prior to the Share Scheme Meeting, Nova Minerals and Nova Minerals Corp agree in writing that it is lawful and not unduly onerous or unduly impracticable to issue that Nova Minerals Shareholder with the Share Scheme Consideration when the Share Scheme becomes Effective.

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 Shareholder or RSU Holder who Oil Search reasonably believes it would be contrary to applicable Law to issue Oil Search Securities or CVRs to. For greater certainty, a Shareholder or RSU Holder whose address, as shown in the Common Share and RSU register as at the Effective Date, is a place inside the United States of America, Canada, Singapore, Bahamas, PNG, the United Kingdom, Australia, New Zealand, the British Virgin Islands, Hong Kong, Malaysia, or the Philippines is not an Ineligible Foreign Shareholder, unless Oil Search reasonably believes that it would be unlawful to issue Oil Search Securities or CVRs to such Shareholder or RSU Holder;