Stapled Securities definition

Stapled Securities means securities issued under any plan or agreement providing in substance that, until such securities are redeemed or the rights thereunder are otherwise terminated or a specified event occurs (a "Separation Event"), (i) a specified number of such securities will appertain to each share of Common Stock then issued or to be issued in the future (including shares issued upon conversion of this Note) and (ii) each such security will be evidenced or represented by the certificate representing the share of Common Stock to which it appertains and will automatically trade with such share.
Stapled Securities means stapled securities in Far East H-Trust, each comprising one
Stapled Securities means securities issued under any plan or agreement providing in substance that, until such securities are redeemed or the rights thereunder are otherwise terminated or a specified event occurs (a "Separation Event"), (i) a specified number of such securities will appertain to each share of Common Stock then issued or to be issued in the future (including shares issued upon conversion of shares of Series A) and (ii) each such security will be evidenced or represented by the certificate representing the share of Common Stock to which it appertains and will automatically trade with such share.

Examples of Stapled Securities in a sentence

  • Listing of the Stapled Securities on the SGX-ST does not guarantee a liquid market for the Stapled Securities.

  • An investment in Stapled Securities is subject to investment risks, including the possible loss of the principal amount invested.

  • Details of all Stapled Securities sufficient to identify the Securities which comprise the Stapled Security must be registered in the Stapled Security Register.

  • The Stapled Securities relating to base management fee will be issued within 30 days from quarter end.

  • An investment in the Stapled Securities is subject to investment risks, including the possible loss of the principal amount invested.


More Definitions of Stapled Securities

Stapled Securities means stapled securities in Frasers Hospitality Trust, each comprising one unit in Frasers Hospitality Real Estate Investment Trust and one unit in Frasers Hospitality Business Trust stapled together under the terms of the Stapling Deed. The units are stapled together such that the units cannot be issued, transferred, traded or otherwise dealt with separately;
Stapled Securities means the units of the Company comprised of Notes and Common Shares, in such proportions as are specified in such units, which units shall be deemed stapled together, and such Notes and Common Shares so stapled are transferrable or exchangeable only together until separated in accordance with the terms thereof.
Stapled Securities means stapled securities, each consisting of one Share stapled to one Unit; provided, however, that if there occurs any change in the designation or composition of the Stapled Securities or, upon the occurrence of an event described in Section 4.8, an exchange or conversion in respect of the Stapled Securities, the term “Stapled Securities” shall thereafter mean the successor securities resulting from that change in designation or composition or that exchange or conversion.
Stapled Securities means equity securities, comprising securities in two (or more) separate entities that have to be traded as a single stapled security. In MCG's case, stapled securities comprise a unit in an Australian trust (MCIT) and a share in an Australian company (MCIL). MCG's stapled security holders have an equal number of units in MCIT and shares in the MCIL.
Stapled Securities means securities issued under any plan or agreement providing in substance that, until such securities are redeemed or the rights thereunder are otherwise terminated or a specified event occurs (a "SEPARATION EVENT"), (i) a specified number of such securities will appertain to each share of Common Stock then issued or to be issued in the future (including shares issued upon conversion of this Note) and (ii) each such security will be evidenced or represented by the certificate representing the share of Common Stock to which it appertains and will automatically trade with such share.
Stapled Securities a stapled security, traded as one single listed security on the ASX Limited, constituted by an ordinary share in FKP and a unit in the Trust stapled together so that they cannot be traded separately with ticker number FKP AU
Stapled Securities are Units and shares in the Company, each of which is a "Stapled Security".113