Examples of Permitted Investor in a sentence
Nothing in this Instrument of Incorporation shall preclude the Directors from recognising a renunciation of the allotment of any Shares by the allottee in favour of some other person provided such other person is a Permitted Investor.
Transfers will not be accepted if, as a result, the Shares will be held by a Restricted Person, (where the transferor is a Permitted Investor,) any person who is not a Permitted Investor or the holdings are less than the relevant minimum holding amounts set out in the Section V4, headed “Minimum Investment, Holding and Conversion Amounts”.
Renunciation of allotment Nothing in these Articles shall preclude the Directors from recognising a renunciation of the allotment of any shares by the allottee in favour of some other person provided such other person is a Permitted Investor.
References in this Instrument of Incorporation to "Permitted Investor" means any person other than any of the persons specified above.
A person who becomes aware that he holds or owns relevant shares shall forthwith unless he has already received a notice pursuant to paragraph 20.3 above transfer all his relevant shares to a Permitted Investor or with the approval of the Directors request the repurchase of the shares.