Examples of Share Issuer in a sentence
Payments of principal in respect of Notes will in all cases be calculated by reference to the percentage change in value of one or more Preference Shares issued by the Preference Share Issuer in respect of the relevant series of Notes.
For the avoidance of doubt, the Notes are not backed by or secured on the Preference Shares and, accordingly, only a nominal amount of the Preference Shares may be issued by the Preference Share Issuer regardless of the principal amount of the Notes issued by the Issuer.
The Preference Share Issuer does not have any trading assets and does not generate any significant net income.
If the Share to be delivered is a registered share, the rights associated with the Share (e.g. participation in the general meeting, exercise of voting rights, etc.) can generally only be exercised by shareholders who are registered in the share register or a comparable official list of shareholders of the relevant Share Issuer.
Since a depositary receipt is a security that represents the shares of the relevant Share Issuer, the risks associated with Securities linked to Shares described in the sections immediately above apply equally to Securities linked to Depositary Receipts.