Examples of Nominee Share in a sentence
Nominee Share Code Where notification has been provided in advance, the Company will arrange for copies of shareholder communications to be provided to the operators of nominee accounts.
On acquisition of a Note, investors will acquire a fractional interest in the Nominee Share, which is a CGT asset and that factional interest will be extinguished when the Note is redeemed or terminated.
Although the extinguishment of the fractional interest in the Nominee Share may give rise to a capital gain or capital loss, on the assumption that the value of your fractional interest in the Nominee Share will at all times be less than $1.00, any capital gain or capital loss should be negligible and therefore should not have a material impact on the tax consequences of holding the Note as discussed above.
Separate charges will apply, however, for the Company Nominee Share Dealing Facility.
Some of the acquisition cost of a Note may be attributable to the acquisition of your fractional interest in the Nominee Share and some of any amount or Exchange Parcel received on the redemption or termination of a Note may be attributable to the extinguishment of your interest in the Nominee Share.
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FORM ‘C’ NOMINATION FORM UNDER RULES 8(3) Name of Advocate Name of Nominee Share of Nominee Condition, if any SIGNATURE.
Computershare or the Computershare Nominee shall be liable for any losses or expenses suffered by you as a result of the circumstances referred to in clause 8.2 above or as a result of a delay or failure in the provision of the South32 Limited Nominee Account or the South32 Limited Nominee Share Dealing Facility caused by such circumstances.
No administrative charge will be payable if your participation in the Company Nominee Account terminates by reason of your entire holding of Shares being sold through the Company Nominee Share Dealing Facility or being transferred by you by way of gift pursuant to clause 2 above or where Computershare has introduced a charge pursuant to clause 12.3 below.
None of the Target Corporations is a reporting issuer (as such term is defined under applicable Canadian securities Laws) and there is no published market for any of the Purchased Shares, the Nominee Share, or the Holigen Nominee Share.