Examples of Rejected Shares in a sentence
The Transferee Shareholder(s) shall accept all and not part of the Rejected Shares which are offered to him.
Upon receipt of the purchase consideration for the Sale Shares and/or Rejected Shares, Stack Builder shall effect the transfer of the Sale Shares and/or the Rejected Shares to the Transferee Shareholder(s).
A year for this purpose begins on the date when you became entitled to take parental leave in relation to the child in question.3.3 Unless the leave is to be taken in respect of a child entitled to a disability living allowance, you can only take parental leave in blocks of a week's leave or a multiple of a week's leave.4. Notification requirements4.1 You must give your Head of Teaching & Learning, school administrator or Business Manager notice of your intention to take parental leave.
The Selling Shareholder shall procure that upon transfer of the Sale Shares and/or the Rejected Shares in accordance with Section 2.7.2.2(i)(d) above, any Directors of Stack Builder appointed by the Selling Shareholder to the Board of Directors of Stack Builder pursuant to the Stack Builder SHA shall immediately resign without any claims or recourse against Stack Builder.
If there is only 1 Offeree Shareholder and he does not accept the Sale Shares offered to him under Section 2.7.2.2(i)(b) above, the Sale Shares shall be deemed to be Rejected Shares and the Selling Shareholder shall be entitled to offer the Rejected Shares to any bona fide third party in accordance with Section 2.7.2.2(i)(e) below.
If any of the Rejected Shares are not accepted by the Transferee Shareholder(s) within the Offer Period, then the Selling Shareholder shall be entitled for a period of 45 days after the expiry of the Offer Period to transfer or dispose of such Rejected Shares to any bona fide third party at a price not less than the Offer Price and on terms not more favourable.