3(i) Shares definition

3(i) Shares means a Share that is subject to taxation pursuant to Section 3(i) of the ITO which has been granted to any person who is not an Eligible 102 Participant.
3(i) Shares means the 25,000 shares in the Company held by 3i Group;

Examples of 3(i) Shares in a sentence

  • An indicative timetable of principal events is as follows: Event Indicative Timing Posting of Scheme Circular to 3i QPEP Shareholders 23 March 2009 3i QPEP EGM and announcement of results 16 April 2009Effective Date: 3i QPEP in liquidation; Liquidation distribution to 3i; and New 3i Shares issued17 April 2009All dates in this announcement which relate to the implementation of the Scheme are indicative only.

  • Upon the liquidation of 3i QPEP, the liquidators will implement a scheme (the “Scheme”) involving a distribution of assets of 3i QPEP to 3i by its liquidator in satisfaction of 3i’s rights in the winding up of 3i QPEP and a transfer by the liquidator of the residual assets of 3i QPEP to 3i in consideration of the payment of cash and issue of New 3i Shares to Independent Shareholders in respect of their interests in 3i QPEP.

  • If the Scheme is effected, 3i will issue 37.6 million New 3i Shares and these shares will represent 8.9 per cent.

  • Individuals or entities that are not Eligible 102 Participants may be granted only 3(i) Shares under this Subplan.

  • Application will be made by 3i for the New 3i Shares to be admitted to listing and trading on the London Stock Exchange.

  • The Scheme will be effected through a voluntary solvent liquidation of 3i QPEP, and it will comprise a distribution of assets of 3i QPEP to 3i by its liquidator in satisfaction of 3i’s rights in the winding up of 3i QPEP and a transfer by the liquidator of the residual assets of 3i QPEP to 3i in consideration of the payment of cash and issue of New 3i Shares to the Independent Shareholders in respect of their interests in 3i QPEP.

  • Shares purchased by individuals or entities that are not Eligible 102 Participants shall be designated as 3(i) Shares and shall be subject to tax according to the applicable provisions of the ITO.

  • If the acquisition is effected, shareholders in 3i QPEP excluding 3i (the “Independent Shareholders”) will receive cash and New 3i Shares from 3i for their interests in 3i QPEP.

  • The New 3i Shares will rank pari passu with all issued ordinary shares of 3i in respect of any dividends declared, made or paid with a record date on or after the date of issue of the New 3i Shares.

Related to 3(i) Shares

  • Newco Shares means the common shares in the capital of Newco;

  • Amalco Shares means the common shares in the capital of Amalco;

  • ASA Shares has the meaning set forth in 2.4(a).

  • Subco Shares means the common shares in the capital of Subco.

  • Company Shares means the common shares in the capital of the Company;

  • Sold Shares shall have the meaning specified in Section 6.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Pubco Shares means the 25,005,544 fully paid and non-assessable common shares of Pubco, to be issued to the Selling Shareholders by Pubco on the Closing.