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 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 respectof 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.

Examples of Stapled Securities in a sentence

  • If additional Receipts are not so distributed, each American Depositary Share shall thenceforth also represent the additional Stapled Securities distributed upon the Deposited Securities represented thereby.

  • Upon the written request of an Owner of a Receipt on that record date, received on or before the date established by the Depositary for that purpose, the Depositary shall endeavor, in so far as practicable, to vote or cause to be voted the amount of Stapled Securities or other Deposited Securities represented by the American Depositary Shares evidenced by that Receipt in accordance with the instructions set forth in that request.

  • Every such person shall also be deemed to represent that the deposit of such Stapled Securities and the sale of Receipts evidencing American Depositary Shares representing such Stapled Securities by that person are not restricted under the Securities Act of 1933.

  • Such representations and warranties shall survive the deposit of Stapled Securities and issuance of Receipts.

  • Such delivery will be made at the option of the Owner hereof, either at the office of the Custodian or at the Corporate Trust Office of the Depositary, provided that the forwarding of certificates for Stapled Securities or other Deposited Securities for such delivery at the Corporate Trust Office of the Depositary shall be at the risk and expense of the Owner hereof.


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 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 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 shares of Series B) 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 shall thereafter mean the successor securities resulting from that change in designation or composition or that exchange or conversion.