Examples of Remaining Portion in a sentence
Concurrently, on the Allotment Date, the Remaining Portion and the balance of the Electable Portion not reinvested will be paid in cash to the respective Shareholders in the usual manner through a Dividend Payment Account, where applicable.
The amount of the Dividends relating to the entitlement of New Shares of less than one hundred (100) Shares will be added to the Remaining Portion or the Non-Electable Portion (as the case may be), if any, and be paid in cash to the Shareholders in the usual manner through a Dividend Payment Account.
In all cases, the Remaining Portion shall not include any portion of the Option that has terminated pursuant to other provisions of this Agreement.
The Remaining Portion of the Option that becomes exercisable on such Retirement date may be exercised in whole or in part at any time thereafter, but not later than the end of the stated term of the Option or as otherwise provided by the provisions of Section 4.2 of this Agreement.
After the Book Closure Date, Maybank shall transfer funds amounting to the total net payment of the Electable Portion and the Remaining Portion from its account to an escrow account held in trust for the Shareholders.