Pooled Shares definition
Examples of Pooled Shares in a sentence
Upon receipt of the identity of the Successor Agent, the Trustee shall deliver the Pooled Shares then held hereunder to the Successor Agent.
This Agreement may be amended by the written consent of all the Shareholders with Pooled Shares.
This Agreement shall terminate when all of the Pooled Shares have been disbursed according to the terms of this Agreement.
The Trustee shall treat the Pooled Shares with such degree of care as it treats its own similar property.
Any payments of income in respect of the Pooled Shares shall be subject to withholding regulations then in force with respect to United States taxes.
Notwithstanding the execution of an acknowledgment by such a person, the transferor shall not be released from its obligations under this Agreement unless it has transferred all of its Pooled Shares.
The Shareholders shall be entitled to transfer the Pooled Shares to other Shareholders without the aforesaid requirements.
SE Global agrees to pay or reimburse the Trustee upon request for any transfer taxes or other taxes relating to the Pooled Shares incurred in connection herewith and shall indemnify and hold harmless the Trustee for any amounts that it is obligated to pay in the way of such taxes.
The Trustee shall not effect a transfer of the Pooled Shares to a third party (not being a Shareholder) unless the Trustee has received a copy of an acknowledgment, attached as Appendix "C" to this Agreement, executed by the person to whom the Pooled Shares are to be transferred.
In consideration of $1.00 and other good and valuable consideration (the receipt and sufficiency of which is acknowledged) I agree, effective upon receipt of all necessary approval of the transfer to me of the Pooled Shares, if applicable, to be bound by the Pooling Agreement in respect of the Shares as if I were an original signatory to the Pooling Agreement.