Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.
Fractional Share with respect to the Preferred Stock shall mean one one-hundredth of a share of Preferred Stock.
Fractional Share means a fraction of a Share;
Examples of Fractional Share in a sentence
The Directors shall be entitled to issue Fractional Shares in any class where the subscription monies received by the ICAV are insufficient to purchase an integral number of Shares in that class provided however that the Net Asset Value of a Fractional Share of any class shall be adjusted by the amount which such Fractional Share bears to an integral share of that class at the time of issue and any dividend payable on such Fractional Shares shall be adjusted in like manner.
More Definitions of Fractional Share
Fractional Share means a fractional share in the Company issued in accordance with Article 7(d).
Fractional Share means a fraction, the numerator of which is the Rental Area of the Premises and the denominator of which is the total Rental Area of the Building. For the purposes of this subparagraph, the Rental Area of the Building shall mean the sum of the Rental Area of all floors of the Building as determined by Landlord.
Fractional Share means a fractional share in the ICAV issued in accordance with Clause 7(d).
Fractional Share means a fractional share in the ICAV issued in
Fractional Share means one one-hundredth of a share of Series B.