Surrender definition

Surrender when used with respect to American Depositary Shares, shall mean (i) one or more book-entry transfers of American Depositary Shares to the DTC account of the Depositary, (ii) delivery to the Depositary at its Office of an instruction to surrender American Depositary Shares not evidenced by a Receipt or (iii) surrender to the Depositary at its Office of one or more Receipts evidencing American Depositary Shares.

Surrender means complete withdrawal/ termination of the entire Policy.

Surrender. “transfer” or “cancel” refer to applicable entries or movements to or within DRS/Profile.

Examples of Surrender in a sentence

• We reserve the right to delay the payment of the Surrender Benefit for up to a period of 6 months from the date of the surrender request.

• Upon full surrender, We will pay the Surrender Benefit in one lump sum which is equivalent to the Account Value, less any amounts owing to Us. You may request for a full surrender any time after the free look period.

• This announcement is made by the Company pursuant to Rule 14.36 of the Listing Rules as the entering into of the Surrender Agreement constitutes a termination of the discloseable transaction previously announced by the Company on 11 February 2021.

• Having taking into account of the above reasons, the Directors (including the independent non- executive Directors) are of the view that the terms of the Surrender Agreement are on normal commercial terms that are fair and reasonable, and is in the interest of the Company and its shareholders as a whole.

• Subject to Our approval, You may take a loan on Your policy of up to 90% of its total Surrender value less any amounts owing to Us. We will charge an interest on the policy loan and may change the interest rate at any time by giving You thirty (30) days’ written notice in advance.

More Definitions of Surrender

Surrender transfer" or "cancel", when used with respect to Direct Registration ADRs, shall refer to an entry or entries or an electronic transfer or transfers in the Direct Registration System, and, when used with respect to ADRs in physical certificated form, shall refer to the physical delivery, execution, issuance, registration, surrender, transfer or cancellation of certificates representing the ADRs.

Surrender means, when used with respect to Shares, (a) one or more book-entry transfers of Shares to the DTC account of the Trustee or (b) surrender to the Trustee at its Corporate Trust Office of one or more Certificates evidencing Shares.

Surrender shall have the same meaning as “deliver” in the context of the surrender of a Security.

Surrender means the complete withdrawal/termination of the entire Policy. Part D of this Policy will specify whether and under which conditions this Policy can be Surrendered.

Surrender shall have the meanings set forth in the Deposit Agreement.

Surrender means the termination of the contract in its entirety at the instance of the Policyholder

Surrender means to leave a newborn with an emergency service provider without expressing an intent to return for the newborn.