Ineligible Shareholders definition

Ineligible Shareholders means each Shareholder in respect of whom MHI Australia is not satisfied that the laws of that Shareholder’s country of residence (as shown in the Register) permit the issue and allotment of the MHI Australia Shares to the Shareholder, either unconditionally or after compliance with conditions which MHI Australia in its sole discretion regards as acceptable and not unduly onerous.
Sample 1Sample 2
Ineligible Shareholders means a CGA Shareholder whose address shown in the share register of CGA Shareholders is in an Ineligible Jurisdiction;
Sample 1Sample 2
Ineligible Shareholders means Shareholders of AWF who are not Eligible Shareholders.
Sample 1

Examples of Ineligible Shareholders in a sentence

  • The New Panoramic Shares which would otherwise have been issued to Foreign Ineligible Shareholders and Unmarketable Parcel Holders will instead be issued to a nominee approved by ASIC, who will sell the shares.

  • Panoramic reserves the right to treat Magma Shareholders who reside in states or jurisdictions of the United States that require registration or qualification under the state’s or other jurisdiction’s blue sky laws as Foreign Ineligible Shareholders.

  • The net proceeds of the sale of such shares will then be remitted to the relevant Foreign Ineligible Shareholders and Unmarketable Parcel Holders.

  • The Avita US Shares or Avita US CDIs that would otherwise have been issued under the Scheme to Ineligible Shareholders will be issued to the Sale Agent (on behalf of Avita US) to be sold in accordance with the process outlined in section 11.5 of this Scheme Booklet.

  • Actions required by Eligible Shareholders Shareholders whose registered address is outside Australia or New Zealand will not be eligible to participate in the Entitlement Offer (Ineligible Shareholders).

  • Ineligible Shareholders should note that the neither the Company nor the Nominee is acting as their agent and that there is no guarantee that any net proceeds will be realised from the sale of Entitlements.

  • Therefore, Ineligible Shareholders and Small Shareholders (and other Fractional Shareholders to the extent of their Fractional Shareholder Interests) will no longer hold equivalent securities in Avita US to that which they previously held in the Company and will not be able to benefit in any potential future increase in value of those securities in the future.

  • Each Ineligible Shareholder appoints OreCorp as its agent to receive, on its behalf, any financial services guide or other notice (and any updates to such documents) that the Sale Agent is required to provide to Ineligible Shareholders under the Corporations Act.

  • Ineligible Shareholders will be sent a letter notifying them of the Entitlement Offer and their ineligibility to participate in it on or about Friday, 24 May 2013.

  • Ineligible Shareholders will receive New Silvercorp Shares and those New Silvercorp Shares will be dealt with in accordance with clause 6.5. (c)To avoid doubt, a Scheme Shareholder (other than an Ineligible Shareholder) who does not validly elect to receive New Silvercorp CDIs will receive New Silvercorp Shares as Scrip Consideration, for the transfer of its Scheme Shares.


More Definitions of Ineligible Shareholders

Ineligible Shareholders means a Papillon Shareholder whose address shown in the share register of Papillon Shareholders is in an Ineligible Jurisdiction;
Sample 1
Ineligible Shareholders means Shareholders with registered addresses outside Australia and New Zealand;
Sample 1

Related to Ineligible Shareholders

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Eligible Stockholder means a person who has either (1) been a record holder of the shares of common stock of the Corporation used to satisfy the eligibility requirements in Section 3.2(d) continuously for the required three-year period or (2) provides to the Secretary of the Corporation, within the time period referred to in Section 3.2(e), evidence of continuous Ownership of such shares for such three-year period from one or more securities intermediaries.

  • Existing Shareholders has the meaning set forth in the preamble.

  • Eligible Shares has the meaning set forth in Section 4.1(a).

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Independent Shareholders means holders of Voting Shares, other than:

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Ordinary Shareholders means holders of Ordinary Shares;

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Soliciting Shareholder means, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Common Shareholders means the holders of the Common Shares.

  • Principal Shareholders means Xxxx X. Xxxx, Xxx X. Xxxxxxx and Xxxxx X. Xxxxxx, and their respective assignees or successors in interest.

  • Management Shareholders means Xxxxxx X. Xxxx, Xxxx X. Xxxxxxx, and Xxxxxx X. Xxxxxxxxx.

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Common Stockholders means holders of shares of Common Stock.

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Disinterested Shareholder means a shareholder that is not an Insider to whom options may be granted under the Plan and they are not an Associate of any Insider.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Participating Stockholder means a “Participating Stockholder” under the HBB Stockholders’ Agreement, HY Stockholders’ Agreement and NACCO Stockholders’ Agreement, to the extent the Partnership owns HBB Class B Shares, HY Class B Shares or NACCO Class B Shares. A Partner shall cease to be a Participating Stockholder under this Agreement and shall be deemed to be a Former Partner immediately prior to any event or lapse of time that causes such Partner to no longer be a “Participating Stockholder” under such applicable stockholders’ agreements.

  • Key Holders means the persons named on Schedule B hereto, each person to whom the rights of a Key Holder are assigned pursuant to Section 3.1, each person who hereafter becomes a signatory to this Agreement pursuant to Section 6.8 or 6.17 and any one of them, as the context may require.