Disposal Shares definition

Disposal Shares the entire issued share capital of the Disposal Company beneficially held by the Company immediately before Disposal Completion (including but not limited to the share(s) to be issued to the Company pursuant to the capitalisation of the Disposal Debt) “Distribution” upon completion of the Disposal Agreement and the Share Agreement and subject to the reorganisation of distributable reserves of the Company (if required), a special dividend of not less than HK$40 million and not more than HK$45 million to be distributed by the Company to the Shareholders whose names appear on the register of members of the Company on the Record Date (such minimum amount of Distribution is a preliminary estimate only based on the financial information of the Group currently available to the Directors, the exact amount of the Distribution will be disclosed in the Circular)

Disposal Shares. Section 4.2(a)

Disposal Shares means 600,000 shares of €100 in the capital of CMC, representing the entire issued share capital of CMC;

Examples of Disposal Shares in a sentence

• The Company shall not be obliged to issue a certificate to the New Member for any Disposal Shares.

• Subject to all applicable law and regulation, the Company itself may acquire Disposal Shares.

• The net proceeds of any such disposal shall be received by the Company whose receipt shall be a good discharge for the purchase money and shall be paid (without interest being payable thereon) to the former registered holder of the Disposal Shares upon surrender by him of all relevant share certificate(s) or other documents of title in respect of such Disposal Shares.

• The net proceeds of any such disposal shall be received by the Company whose receipt shall be a good discharge for the purchase money and shall be paid (without interest being payable thereon) to the former Holder of the Disposal Shares upon surrender by him of all relevant share certificate) or other documents of title in respect of such Disposal Shares.

• The transferee shall not be bound to see the application of such proceeds and once the name of the transferee has been entered, into the Register in respect of the Disposal Shares, the validity of the transfer of the Disposal Shares shall not be questioned.

More Definitions of Disposal Shares

Disposal Shares the entire issued share capital of the Target Company “GFA” gross floor area “Group” the Company and its subsidiaries “Guangzhou Haocheng” 廣州市灝城裝飾有限公司 (Guangzhou Haocheng Decoration Company Limited*), a third party independent of and not connected with the Company and its connected persons (as defined in the Listing Rules) “Guangzhou Yu Jun” 廣州譽浚咨詢服務有限公司 (Guangzhou Yu Jun Consulting Service Company Limited*), a foreign invested enterprise incorporated in the PRC and indirectly wholly owned by the Company as at the date of this announcement “Guizhou Xiehui” 貴州協輝房地產開發有限公司 (Guizhou Xiehui Property Development Company Limited*)

Disposal Shares has the meaning given to such term in Clause 5.4.

Disposal Shares means those shares in the Company which are required to be disposed of as set out in a:

Disposal Shares means the disposal shares defined in clause 16.2(b). Dispose in relation to any property means to sell, transfer, assign, create a Pledge over, declare oneself a trustee of or part with the benefit of or otherwise dispose of that property (or any interest in it or any part of it) or to attempt to do so. Dividend includes a cash or non-cash distribution that is declared payable by the Board of Directors in respect to Shares out of the operating profit after tax of the Company (but does not include a dividend on preferred shares or Funding Shares).

Disposal Shares. ’ means all the issued shares in the Disposed Company

Disposal Shares means 76,500 CTM Shares, representing 51% of all the issued shares in the capital of CTM;

Disposal Shares means collectively the entire issued share capital of FIAL and Newco,