Examples of Relevant Proceeds in a sentence
As a result of the acquisition of an additional 3% equity interest in the Target Company as contemplated under the SP Agreement (as amended and supplemented by the Supplemental Agreement), the Board will utilise HK$10.7 million from the Relevant Proceeds of HK$50 million for the acquisition of the said additional 3% equity interest in the Target Company.
These proceedings concern competing claims to the Relevant Proceeds.
Thereafter, competing claims arose to the Tree Sale Proceeds and the Land Sale Proceeds (together, "the Relevant Proceeds").
See Mills (“Aki, Anishinaabek, kaye tash Crown”) and Ariss and Cutfeet (“ Kitchenuhmaykoosib Inninuwug First Nation”) for more in-depth commentary on the KI cases.
An Ordinary Share arising on conversion of a Class A Share shall cease to participate in the Relevant Proceeds, andshall be credited as fully paid and rank pari passu in all respects with the Ordinary Shares in issue on the Conversion Date.