Examples of Application Moneys in a sentence
If an Overseas Shareholder considers that they are so entitled and that Overseas Shareholder lodges an Entitlement and Acceptance Form accompanied by the applicable Application Moneys then Peako will rely on the representation and warranty so made that the Overseas Shareholder is an Eligible Shareholder and not an Ineligible Shareholder.
A single payment should be made for the Application Moneys for any new Shares a Qualifying Shareholder has applied for as part of its Entitlement and any additional new Shares applied for as part of the Shortfall.
Any interest earned on Application Moneys will be applied against the costs of the Issue, with any balance being retained by the Company.If the Offer does not proceed (for whatever reason), the Application Moneys will be returned without interest.
The Offer is partially underwritten by RM Corporate Finance Pty (“Underwriter”) to the extent of $250,000 (less any Application Moneys subscribed by the Sub-underwriters or their associated entities for their Rights under this Offer).