Examples of BAM Shares in a sentence
Neither BAM, the Company nor the Rights Agent will guarantee any minimum sale price for the fractional BAM Shares.
The scope of the Board’s vetting enquiries, and the size of the judiciary to be vetted (in excess of 50 judges and 300 magistrates), meant that the Board would need a significant personnel of its own.
European military pressure forced Muhammad Ali to withdraw to the present-day borders of Egypt and Israel.
Fractional BAM Shares shall not be distributed to Class A Shareholders or credited to book-entry accounts.
Upon satisfaction of the condition in the immediately preceding sentence, BAM shall deliver such BAM Shares Amount or Cash Amount to such other Person.
Embedded commissions generally do not align with the services provided to investors.The concerns raised in the CSA Paper led the CSA to conclude that a change to a different compensation model must be considered, but the CSA emphasizes that it has not made a decision to discontinue embedded commissions.
Neither BAM nor the Rights Agent will pay any interest on the proceeds from the sale of fractional BAM Shares.
For the avoidance of doubt, any Class A Shareholder who receives the Cash Amount in satisfaction of the Exchange Right with respect to any Class A Share pursuant to this Agreement and the Company’s Bye-Laws shall not be entitled to any rights of a holder of BAM Shares at any time with respect to the BAM Shares for which the Exchange Right with respect to such Subject Class A Share was exercisable prior to the receipt of such Cash Amount.
Reference in this Agreement to certificates for Class A Shares or BAM Shares shall include, in the case of uncertificated shares, the balances indicated in the book-entry account system of the transfer agent for the Class A Shares or BAM Shares, as applicable.
To the extent that the BAM Shares are not delivered and will not be delivered after the exercise of such rights, options or warrants, the Exchange Factor shall be decreased to the Exchange Factor that would then be in effect had the increase with respect to the issuance of such rights, options or warrants been made on the basis of delivery of only the number of BAM Shares actually delivered.