bearer share definition

bearer share means a share in the capital of any company incorporated in the Islands which —
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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;
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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
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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 –
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bearer share or “Bearer Stock” means a negotiable instrument evidencing the legal ownership of Shares;
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bearer share means a share in the capital of any company incorporated in Montserrat which—
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bearer share means a negotiable instrument that accords ownership in a legal person to the individual who possesses the relevant bearer share certificate,
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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.
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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;
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bearer share means negotiable instrument that accords ownership in a legal person to the person who possesses the physical bearer share certificate, and any other similar instruments without traceability which does not allow the identification or traceability of the ownership of the share. It does not refer to dematerialised and/or registered forms of share certificates whose owners are traceable and identifiable can be identified. (265)
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