Provisional Allotment Letter definition

Provisional Allotment Letter or ‘PAL’ means the form which you must complete in order to instruct us to Exercise and/or sell your Rights;

Provisional Allotment Letter means the form of renounceable provisional allotment letter to be issued or made available by the Company, subject to Clause 4.8, to Qualifying Non-CREST Holders in connection with the Rights Issue;

Provisional Allotment Letter means the form of the renounceable provisional allotment letter to be issued by the Company, subject to CLAUSE 5, to Qualifying Holders in connection with the Rights Issue;

Examples of Provisional Allotment Letter in a sentence

• You will need your Provisional Allotment Letter to be returned to you if you want to deal in your Fully Paid Rights.

• Your Provisional Allotment Letter will not be returned to you unless you tick the appropriate box on the Provisional Allotment Letter.

• If the rights represented by more than one Provisional Allotment Letter are to be deposited, the CREST Deposit Form on each Provisional Allotment Letter must be completed and deposited.

• Shareholders may sell their Rights from BCD+1 without having to wait for the Notice of Provisional Allotment Letter and Rights Subscription Form.

• The timely payment of Consideration and other dues, as more particularly described in the Application Form, these Standard Terms and Conditions and Provisional Allotment Letter, is an essential prerequisite to the execution of the Indenture of Conveyance.

More Definitions of Provisional Allotment Letter

Provisional Allotment Letter the provisional allotment letter to be used in connection with the Rights Issue in the agreed form “Qualifying Shareholders” Shareholders whose names appear on the register of members of the Company on the Record Date, other than the Non-Qualifying Shareholders “Record Date” 28 July 2020 or such other date as may be agreed between the Company and the Underwriter in accordance with the relevant regulations or requirements, being the date by reference to which entitlements under the Rights Issue are to be determined

Provisional Allotment Letter. A provisional Allotment Letter which may be issued by the Company to the Allottee upon the Allottee making a request for Allotment of the Demised Premises and agreeing to abide by the Terms & Conditions of Allotment;

Provisional Allotment Letter means the form of the renounceable provisional allotment letter to be issued by the Company, subject to Clause 5, to Qualifying Non-CREST Holders in connection with the Rights Issue, a draft of which has been initialled by or on behalf of the Company and the Bank for the purposes of identification only and marked “F”;

Provisional Allotment Letter means the renounceable provisional allotment letter in the agreed form to be issued, subject as provided in clause 5, to Qualifying Holders in accordance with their respective entitlements under the Issue;

Provisional Allotment Letter shall have the meanings described to it in Recital “G” above

Provisional Allotment Letter means the form of renounceable provisional allotment letter to be issued in connection with the Rights Issue by the Company to Qualifying Non-CREST Holders (other than Prohibited Shareholders) in respect of the Nil Paid Rights;

Provisional Allotment Letter means the form of renounceable provisional allotment letter being either the UK Provisional Allotment Letter, the HK Provisional Allotment Letter or the Bermudan Provisional Allotment Letter, to be issued or made available by the Company, subject to Clause 4.10, to Qualifying Non-CREST/CCASS Holders in connection with the Rights Issue;