bearer share definition

bearer share means a share in the capital of any company incorporated in the Islands which —
bearer share means a share represented by a certificate which states that the bearer of the certificate is the owner of the share and includes a share warrant to bearer;
bearer share means a share which is represented by a certificate, warrant or other document (in any form and by whatever name called) which states or otherwise indicates that the bearer of the certificate is the owner of the share;101

Examples of bearer share in a sentence

  • The Company shall not issue bearer Share Certificates which grant the bearer rights in the Shares specified therein.

  • The Company shall not issue bearer Share certificates, which grant the bearer rights in the Shares specified therein.

  • Where only a part of Shares in a bearer Share Certificate are assigned, such Share Certificate shall be cancelled and the Company shall issue a new Share Certificate recording remaining number of Shares.

  • The term "Share in bearer form" or "bearer Share" shall mean a Share of any Series in respect of which a share warrant has been issued and which may be transferred by delivery of the warrant.


More Definitions of bearer share

bearer share means a share represented by a certificate which –
bearer share or “Bearer Stock” means a negotiable instrument evidencing the legal ownership of Shares;
bearer share means a share in the capital of any company incorporated in Montserrat which—
bearer share means a negotiable instrument that accords ownership in a legal person to the individual who possesses the relevant bearer share certificate,
bearer share means a share issued to bearer;
bearer share means a Share of any Series in respect of which a share warrant has been issued and which may be transferred by delivery of the warrant.
bearer share means a share in a company represented by a certificate which states that the bearer of the certificate is the owner of the share;