Ordinary Securities definition

Ordinary Securities means undivided beneficial interests in the assets of the Company which rank pari passu with Preferred Securities issued by the Company; provided, however, that upon the occurrence of an Event of Default, the rights of holders of Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of Preferred Securities.

Ordinary Securities means the class of “ordinary securities” of the Company for the purposes of the ASX Listing Rules;

Ordinary Securities means the ordinary shares of the Bank;

Examples of Ordinary Securities in a sentence

• See Appendix A for the pre-clearance form to be used to obtain permission to buy or sell Foreign Ordinary Securities.

• If the Paying Agent holds sufficient funds and or Ordinary Securities sufficient to pay the aggregate Repurchase Price for all Securities or portions thereof that are to be repurchased as of the Repurchase Date, such Securities will cease to be outstanding and interest will cease to accrue thereon whether or not book entry of the Securities has been made or the Securities have been delivered to the Paying Agent.

• No offering, sale, short sale or other disposition of any Ordinary Securities of the Company or other securities convertible into or exchangeable or exercisable for Ordinary Shares or derivative of Ordinary Shares (or agreement for such) will be made for a period of 180 days after the date of the Prospectus, directly or indirectly, by the Company otherwise than hereunder or with the prior written consent of each of the Representatives.

• Variable ‘A’ is based on the number of Ordinary Securities the Company has on issue.

• Ordinary Securities has the meaning set out in the ASX Listing Rules.

• Such securities are referred to as “Foreign Ordinary Securities.” The requirement to obtain prior approval to purchase or sell Foreign Ordinary Securities do not extend to ADRs or securities of non-U.S. companies that are principally traded on a U.S. market or exchange.

• Such securities are referred to as “Foreign Ordinary Securities.” The requirement to obtain prior approval to purchase or sell Foreign Ordinary Securities does not extend to ADRs or securities of non-U.S. companies that are principally traded on a U.S. market or exchange.

• The table below shows the dilution of existing Shareholders on the basis of the current market price of Shares and the current number of Ordinary Securities for variable ‘A’ calculated in accordance with the formula in Listing Rule 7.1A(2) as at the date of the Notice.