Undelivered shares definition

Undelivered shares means unclaimed physically issued debt or equity securities, which were returned to the issuer by the post office as undeliverable, or which were otherwise never delivered into the possession of the owner.
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Undelivered shares has the meaning set forth in Section 5(C).
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Undelivered shares means any certificate or other instrument of ownership which represents shares of stock of a business association, which is still in the possession of the issuer, holder or transfer agent or broker.
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Examples of Undelivered shares in a sentence

  • Stock and Bond Codes Code Description SC08 Undelivered shares that are returned by the post office (RPO shares).


More Definitions of Undelivered shares

Undelivered shares shall have the meaning specified in Section 9.12(e).
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Undelivered shares has the meaning ascribed to it in paragraph 1 of Part A of Schedule 2;
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Undelivered shares shall have the meaning specified in Section 5.06.
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Undelivered shares has the meaning set forth in Section 7(E)(iv).
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Related to Undelivered shares

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Company Shares has the meaning set forth in the Recitals.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.