Share Splitting definition

Share Splitting means the splitting by a holder of M2 Shares into two or more parcels of M2 Shares whether or not it results in any change in beneficial ownership of the M2 Shares. Shared Costs is defined in clause 13.2. Subsidiary has the meaning given to that term in section 46 of the Corporations Act. Timetable means the indicative timetable in relation to the Proposed Transaction set out in Schedule 1 with such modifications as may be agreed in writing by the parties. Transaction Documents means this agreement, the Deed Poll and the Scheme. Vocus Board means the board of directors of Vocus as constituted from time to time (or any committee of the board of directors of Vocus constituted from time to time to consider the Proposed Transaction on behalf of Vocus). Vocus Competing Proposal means any offer, proposal or expression of interest, transaction or arrangement (including, by way of takeover bid or scheme of arrangement other than the Proposed Transaction) under which, if ultimately completed substantially in accordance with its terms, a person or two or more persons who are Associates would directly or indirectly:

Share Splitting means the splitting by a holder of M2 Shares into two or more parcels of M2 Shares whether or not it results in any change in beneficial ownership of the M2 Shares.

Share Splitting means the splitting by a holder of Target Shares of those Target Shares into two or more parcels of Target Shares whether or not it results in any change in beneficial ownership of the Target Shares. Subsidiary has the meaning given to that term in the Corporations Act and, for the purposes of this Agreement, a reference to a Subsidiary of the Target includes HomeSend.

Examples of Share Splitting in a sentence

• Share Splitting means the splitting by a holder of Shares into two or more parcels of Shares whether or not it results in any change in beneficial ownership of the Shares.

• Share Splitting means the splitting by a holder of Virtus Shares into two or more parcels of Virtus Shares whether or not it results in any change in beneficial ownership of the Virtus Shares.

• Share splitting Vocus may, acting reasonably and in consultation with M2, deem the holdings of two or more Scheme Shareholders to be held by one Scheme Shareholder in order to prevent any Share Splitting designed to obtain an unfair advantage by reference to the rounding referred to in Section 10.9(a).

• The Scheme will contain standard provisions under which Bidder will have the discretion to deem the holdings of two or more Scheme Shareholders to be held by one Scheme Shareholder to prevent any Share Splitting designed to obtain unfair advantage by reference to such rounding.

• Further, Mr. Toyohiko Teranishi has agreed that, after the implementation of the Share Splitting and following the instructions of the Offeror, he will terminate the Share Lending and return to Mr. Tadayuiki Teranishi and Kouyu all the Shares that are the subject of the Share Lending.

More Definitions of Share Splitting

Share Splitting means the splitting by a holder of BigAir Shares into two or more parcels of BigAir Shares whether or not it results in any change in beneficial ownership of the BigAir Shares. Subsidiary has the meaning given to that term in section 46 of the Corporations Act. Superloop Disclosure Letter means the letter so entitled from Superloop provided to BigAir on or prior to the date of this deed and countersigned by BigAir. Superloop Group means Superloop and its Subsidiaries. Superloop Indemnified Parties means each Authorised Person of a member of the Superloop Group. Superloop Information means such information regarding Superloop that is provided by or on behalf of Superloop to BigAir or the Independent Expert:

Share Splitting means the splitting by a holder of BigAir Shares into two or more parcels of BigAir Shares whether or not it results in any change in beneficial ownership of the BigAir Shares. Superloop means Superloop Limited (ACN 169 263 094) of Level 17, 000 Xxx Xxxxxx, Brisbane, QLD, 4000. takes effect or taking effect means on and from the first time when an office copy of the Scheme Order approving the Scheme pursuant to section 411(4)(b) of the Corporations Act is lodged with ASIC pursuant to section 411(10) of the Corporations Act.

Share Splitting means the splitting by a holder of Target Shares of those Target Shares into two or more parcels of Target Shares whether or not it results in any change in beneficial ownership of the Target Shares. Subsidiary has the meaning given to that term in the Corporations Act. Sunset Date means: (a) 5.00 pm on 29 December 2017 or, if clause 6.4 applies, 29 March 2018 (or any earlier date agreed between Target and Bidder in accordance with clause 6.4(b)); or

Share Splitting means the splitting by a holder of Xplore Shares into two or more parcels of Xplore Shares whether or not it results in any change in beneficial ownership of the Xplore Shares.

Share Splitting means the splitting by a holder of Nearmap Shares into two or more parcels of Nearmap Shares whether or not it results in any change in beneficial ownership of the Nearmap Shares.

Share Splitting means the splitting by a holder of CKL Shares into two or more parcels of CKL Shares whether or not it results in any change in beneficial ownership of the CKL Shares.

Share Splitting means the splitting by an SMX Shareholder of SMX Shares into two or more parcels of SMX Shares but which does not result in any change in beneficial ownership of the SMX Shares.