Share block scheme definition

Share block scheme means any scheme in terms of which a share, in any manner whatsoever, confers a right to or an interest in the use of immovable property;
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Share block scheme means a share block scheme regulated by the Share Blocks Control Act, No.59 of 1980, as amended;
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Share block scheme means a share block scheme as defined in the Share Blocks Control Act;
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Examples of Share block scheme in a sentence

  • Such Customer must ensure that all arrears on any Services Account relating to the Customer’s individually metered flat within the Share block scheme, are fully paid or satisfactory arrangements have been made with the Municipality to pay the debt.

  • The number of flats in the Share block scheme or pieces of land that constitute part of a Share block scheme, that are individually metered 4.17 The provisions of Clause 4.13 (b) apply with such changes to the context, as may be required, wherea Share block company cancels a Use Agreement that it has concluded with a Customer in terms of the Share Blocks Control Act.

  • The foregoing income claims restrictions apply to in-person presentations as well as promotional materials distributed by an ID including social media postings.


More Definitions of Share block scheme

Share block scheme means a Scheme as defined in the Share Blocks Control Act No.59 of 1980;
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Share block scheme means a share block scheme referred to in section 1 of the Share Blocks Control Act, 1980 (Act 59 of 1980);
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Share block scheme means any Share Block scheme established in terms of the Share Blocks Act on any portion or Erf.
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Related to Share block scheme

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • Newco Scheme means a scheme of arrangement or analogous proceeding (“Scheme of Arrangement”) which effects the interposition of a limited liability company (“Newco”) between the Shareholders of the Issuer immediately prior to the Scheme of Arrangement (the “Existing Shareholders”) and the Issuer; provided that (i) only ordinary shares or units or equivalent of Newco or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco are issued to Existing Shareholders; (ii) immediately after completion of the Scheme of Arrangement the only holders of ordinary shares, units or equivalent of Newco or, as the case may be, the only holders of depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco, are Existing Shareholders holding in the same proportions as immediately prior to completion of the Scheme of Arrangement; (iii) immediately after completion of the Scheme of Arrangement, Newco is (or one or more wholly-owned Subsidiaries of Newco are) the only shareholder of the Issuer; (iv) all Subsidiaries of the Issuer immediately prior to the Scheme of Arrangement (other than Newco, if Newco is then a Subsidiary of the Issuer) are Subsidiaries of the Issuer (or of Newco) immediately after completion of the Scheme of Arrangement; and (v) immediately after completion of the Scheme of Arrangement the Issuer (or Newco) holds, directly or indirectly, the same percentage of the ordinary share capital and equity share capital of those Subsidiaries as was held by the Issuer immediately prior to the Scheme of Arrangement;

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—

  • Approved Share Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which Ordinary Shares and standard options to purchase Ordinary Shares may be issued to any employee, officer, director or advisers for services provided to the Company in their capacity as such.

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Shareholder Rights Plan means the amended and restated shareholder rights plan agreement dated as of November 10, 2015 between Parent and American Stock Transfer and Trust Company, LLC, as rights agent, as amended and restated as of April 18, 2016 as further amended, restated, succeeded or replaced from time to time, and any similar plan adopted from time to time;

  • Exempt Newco Scheme means a Newco Scheme where, immediately after completion of the relevant Scheme of Arrangement, the ordinary shares or units or equivalent of Newco (or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco) are (i) admitted to trading on the Relevant Stock Exchange or (ii) admitted to listing on such other Regulated Market as the Issuer or Newco may determine;

  • Share Exchange Agreement has the meaning specified in the Recitals.

  • Traineeship Scheme means an approved traineeship applicable to a group or class of employees or to an industry or sector of an industry or an enterprise. A traineeship scheme shall not be given approval unless consultation and negotiation with the union upon the terms of the proposed traineeship scheme and the traineeship have occurred. An application for approval of a traineeship scheme shall identify the union and demonstrate to the satisfaction of the approving authority that the abovementioned consultation and negotiation have occurred.

  • Scheme Shares means the Target Shares which are subject to the Scheme in accordance with its terms.

  • Company Shareholder Approval means the authorization and approval of this Agreement, the Plan of Merger and the Transactions, including the Merger, at the Company Shareholders’ Meeting by the Required Company Vote.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Stock Acquisition means the purchase or other acquisition by Borrower or any of its Subsidiaries of all of the Equity Interests (by merger, stock purchase or otherwise) of any other Person.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company’s securities may be issued to any employee, officer or director for services provided to the Company.

  • approved scheme means a share option scheme, other than a savings-related share option scheme, approved under Schedule 4.

  • Stock Purchase has the meaning set forth in the Recitals.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • support scheme means any instrument, scheme or mechanism applied by a Member State, or a group of Member States, that promotes the use of energy from renewable sources by reducing the cost of that energy, increasing the price at which it can be sold, or increasing, by means of a renewable energy obligation or otherwise, the volume of such energy purchased, including but not restricted to, investment aid, tax exemptions or reductions, tax refunds, renewable energy obligation support schemes including those using green certificates, and direct price support schemes including feed-in tariffs and sliding or fixed premium payments;

  • Share Exchange Ratio has the meaning given to it in Section 3.1(d);

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Share Repurchase means the purchase, repurchase, redemption or other acquisition by the Company from any Person of any capital stock or other equity interest of the Company.