Stapled Security definition

Stapled Security means an Ordinary Share and each Attached Security that are Stapled together and registered in the name of the Member;

Stapled Security means a Unit and each Attached Security which are Stapled together;

Stapled Security means a unit of stapled securities issued or issuable by the Company pursuant to the PIK Note Indenture and substantially in the form attached thereto, which consists of a principal amount of PIK Notes determined pursuant to the PIK Note Indenture (subject to adjustment as provided in the Stapled Security and the PIK Note Indenture) and one share of Common Stock (subject to adjustment as provided in the Stapled Security).

Examples of Stapled Security in a sentence

• Clauses 19.4 to 19.9 apply only, and for so long as, a Unit is a component of a Stapled Security.

• Where Units are purchased as part of a Stapled Security under a buy back arrangement, the Responsible Entity must determine what proportion of the price paid for the Stapled Security is to be paid from the Assets of the Trust.

• While Units are Stapled, Meetings may be held in conjunction with meetings of the holders of Attached Securities and, subject to the Corporations Act, the Responsible Entity is entitled to make such rules for the conduct of such Stapled Security holder meetings as it determines.

• Subject to the terms of any applicable ASIC Relief, if a Unit is to be issued as part of a Stapled Security and this deed contains a provision for the calculation or determination of the Issue Price of the Stapled Security (rather than the Unit), the Responsible Entity must determine (in its absolute discretion) how the Issue Price of the Stapled Security is to be apportioned between the Unit and any Attached Securities.

• For the GPT Group Stapled Security Rights Plan, the fair value of the performance share rights is determined using Monte-Carlo simulation and Binomial tree pricing models.

More Definitions of Stapled Security

Stapled Security means a unit of the Company comprised of the Convertible PIK Notes (as defined in the Registration Rights Agreement) and Company Shares, which unit shall be deemed stapled and shall only be permitted to be Transferred in strip.

Stapled Security means a stapled security traded on the Relevant Stock Exchange as a single listed security of National Storage REIT, comprising one fully-paid ordinary share of NSH (or shares of any class or classes resulting from any subdivision, consolidation or re-classification of those shares, which as between themselves have no preference in respect of dividends or of amounts payable in the event of any voluntary or involuntary liquidation or dissolution of NSH) and one ordinary unit in NSPT as provided for in the constitution of NSPT pursuant to the terms of the constitutions of the Stapled Entities and the terms of the Stapling Deed or stapled securities of any class or classes resulting from any subdivision, consolidation or re-classification of those Stapled Securities.

Stapled Security means a Share and each Attached Security as Stapled together and registered in the name of the Member in the Stapling Register.

Stapled Security means the stapled security created by the Stapling together of the Attached Securities being, while Stapling applies, an Ordinary Share and each Other Attached Security that are Stapled together and registered in the name of the member;

Stapled Security means, as applicable:

Stapled Security means a stapled security traded on the Relevant Stock Exchange as a single listed security with the ticker code “DXS” (or any replacement identifier code), comprising one ordinary unit in each of the Head Trusts as provided for pursuant to the terms of the constitutions of the Stapled Entities or stapled securities of any class or classes resulting from any subdivision, consolidation or re-classification of those Stapled Securities;

Stapled Security means one Share and one Unit which are stapled together and registered in the name of a shareholder;