Examples of Capital Securityholder in a sentence
A Capital Securityholder exercising Exchange Rights must pay to the Issuer (or to such person as the Issuer may direct) any Exchange Expenses before delivery of such Capital Securityholder’s pro rata share of the Exchange Property will be made.
Payment of all Exchange Expenses will be for the account of the Capital Securityholder.
Each Capital Securityholder must provide the Issuer with details of the relevant tax or other authorities to which the Issuer must pay monies received in settlement of Exchange Expenses payable pursuant to this Condition 7.4. Neither the Issuer nor the relevant Paying, Transfer and Exchange Agents are under any obligation to determine whether a Capital Securityholder is liable to pay any Exchange Expenses.
The Issuer shall pay to any Capital Securityholder exercising Exchange Rights in accordance with this Condition 10.4(a)(ii) the Make-Whole Payment in respect of the principal amount of Capital Securities being exchanged.
Notices to be given by any Capital Securityholder shall be in writing and given by lodging the same, together with the relevant Certificates, with the Registrar or a Paying, Transfer and Exchange Agent or, if the Capital Securities are held in a clearing system, may be given through the clearing system in accordance with its standard rules and procedures.
A Capital Securityholder may not transfer any Capital Security which is the subject of an Exchange Notice following delivery of such Exchange Notice to a Paying, Transfer and Exchange Agent.
A copy of the current regulations will be mailed (free of charge) by the Registrar to any Capital Securityholder who requests one.
In order to obtain delivery of the relevant Shares, the relevant Capital Securityholder must deliver to any Paying, Transfer and Exchange Agent by the Notice Cut-off Date, a Share Settlement Notice, a copy of which may be obtained from the specified office of any Paying, Transfer and Exchange Agent, together in each case with the relevant Capital Securities.
Any notice by a Capital Securityholder given by delivery of the relevant notice to such clearing system shall be deemed to have been given on the date of remittance.
No fraction of a Share or any other Relevant Security or any other property comprised in the Exchange Property which is not divisible shall be delivered to any Capital Securityholder on exercise of Exchange Rights.