UNDIVIDED SHARE Sample Clauses

UNDIVIDED SHARE. In relation to a Unit/Flat shall mean the undivided proportionate indivisible impartiable variable share in land comprised in the said premises, which is attributable to the Unit/Flat concerned.
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UNDIVIDED SHARE. The undivided proportionate share or interest in the land of the said premises attributable to the said flat and the said car parking space.
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UNDIVIDED SHARE attributable to the said apartment/unit shall mean the undivided proportionate impartible variable share restricted only in an area of land in the said Premises where the said apartment/unit has been built up in an area of the said premises.
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UNDIVIDED SHARE in relation to a flat shall mean the proportionate variable undivided indivisible and impartible share or interest in the land comprised in the Premises which is attributable to the flat concerned;
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UNDIVIDED SHARE in relation to a flat shall mean the proportionate variable undivided indivisible and impartiable share in the common parts and portions as mentioned in the THIRD SCHEDULE.
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UNDIVIDED SHARE. Undivided share shall mean and include the ownership of the undivided share or interest, impediment, right and interest in the land comprised in the said property upon which the multi-storeyed building is forming a part of the First schedule property.
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UNDIVIDED SHARE in relation to a Flat or a Commercial Space shall mean the proportionate variable, undivided, indivisible and impartible share or interest in the land comprised in the Premises which is attributable to the concerned Flat or Commercial Space;
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Related to UNDIVIDED SHARE

  • No Fractional Shares or Scrip No fractional shares or scrip representing fractional shares shall be issued upon the exercise of this Warrant. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such exercise, the Company shall, at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the Exercise Price or round up to the next whole share.

  • Distributions Other Than Cash, Shares or Rights Subject to the provisions of Sections 4.11 and 5.9, whenever the Depositary receives any distribution other than a distribution described in Section 4.1, 4.3 or 4.4 on Deposited Securities (but not in exchange for or in conversion or in lieu of Deposited Securities), the Depositary shall cause the securities or property received by it to be distributed to the Owners entitled thereto, after deduction or upon payment of any fees and expenses of the Depositary and any taxes or other governmental charges, in proportion to the number of American Depositary Shares representing such Deposited Securities held by them respectively, in any manner that the Depositary deems equitable and practicable for accomplishing that distribution (which may be a distribution of depositary shares representing the securities received); provided, however, that if in the opinion of the Depositary such distribution cannot be made proportionately among the Owners entitled thereto, or if for any other reason (including, but not limited to, any requirement that the Company or the Depositary withhold an amount on account of taxes or other governmental charges or that securities received must be registered under the Securities Act of 1933 in order to be distributed to Owners or Holders) the Depositary deems such distribution not to be lawful and feasible, the Depositary may adopt such other method as it may deem equitable and practicable for the purpose of effecting such distribution, including, but not limited to, the public or private sale of the securities or property thus received, or any part thereof, and distribution of the net proceeds of any such sale (net of the fees and expenses of the Depositary as provided in Section 5.9) to the Owners entitled thereto, all in the manner and subject to the conditions set forth in Section 4.1. The Depositary may withhold any distribution of securities under this Section 4.2 if it has not received satisfactory assurances from the Company that the distribution does not require registration under the Securities Act of 1933. The Depositary may sell, by public or private sale, an amount of securities or other property it would otherwise distribute under this Section 4.2 that is sufficient to pay its fees and expenses in respect of that distribution. If a distribution under this Section 4.2 would represent a return of all or substantially all the value of the Deposited Securities underlying American Depositary Shares, the Depositary may require surrender of those American Depositary Shares and may require payment of or deduct the fee for surrender of American Depositary Shares (whether or not it is also requiring surrender of American Depositary Shares) as a condition of making that distribution. A distribution of that kind shall be a Termination Option Event.

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