Share Stapled Unit definition

Share Stapled Unit means the combination of the following securities or interests in securities which, subject to Clause 12, can only be dealt with together and may not be dealt with individually or one without the others:
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Share Stapled Unit means the combination of the following securities or interests insecurities which, subject to the Exchange Right, can only be dealt with together and may not be dealt with individually or one without the others:
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Share Stapled Unit means the combination of the following securities or interests in securities which, subject to the provisions in the Trust Deed, can only be dealt with together and may not be dealt with individually or one without the others:
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Examples of Share Stapled Unit in a sentence

  • Several executors or administrators of a deceased holder of Share Stapled Units in whose name any Share Stapled Unit stands shall for this purpose be deemed joint holders thereof.

  • However, for so long as the Share Stapled Units are listed on the Stock Exchange, trading on the Stock Exchange will only take place in the form of Share Stapled Units and there is only a single price quotation on the Stock Exchange for a Share Stapled Unit.

  • Any further grant of Share Stapled Unit options in excess of such limits is subject to the approval of registered holders of Share Stapled Units at general meeting.

  • In respect of each individual Share Stapled Unit, the voting rights conferred by the unit, the preference share and the interest in an ordinary share which are components of the relevant Share Stapled Unit can only be exercised in the same way (either for or against) in respect of a resolution of holders of Share Stapled Units to be proposed at the AGM; and completion of a form of proxy or voting paper in respect of a Share Stapled Unit will have that effect, as described in note 7 above.

  • No price is quoted for the individual components of a Share Stapled Unit.

  • While the Trust Deed remains in force, if a certificate in respect of a Share Stapled Unit (including the Preference Share which is a component of the Share Stapled Unit) is defaced, lost or destroyed the provisions of schedule 3 to the Trust Deed shall apply in respect of the replacement of that certificate.

  • While the Trust Deed remains in force, no Registered Holder of a Share Stapled Unit (including the Preference Share which is a component of the Share Stapled Unit) may require the transfer of a Share Stapled Unit (including the Preference Share which is a component of the Share Stapled Unit) to be registered during any period for which the Register of Members and/or the Register of Beneficial Interests is closed under Article 4.9.

  • Units may only be issued in combination with a specifically identified Ordinary Share and Preference Share, as a component of a Share Stapled Unit.

  • Each Share Stapled Unit may be exchanged for the specifically identified Ordinary Share which is matched with and linked to the Unit which is a component of the relevant Share Stapled Unit, in accordance with the provisions of Clause 12.

  • Any person who by operation of law, transfer or other means whatsoever shall become entitled to any Share Stapled Unit shall be bound by every notice in respect of such Share Stapled Unit which prior to his name and address being entered on the Share Stapled Units Register shall have been duly given to the person from whom he derives his title to such Share Stapled Unit.


More Definitions of Share Stapled Unit

Share Stapled Unit means the combination of the following securities orinterests in securities which, subject to the Exchange Right, can only be dealt with together and may not be dealt with individually or one without the others: (a) a Unit in the Trust; (b) the beneficial interest in a specifically identified Ordinary Share Linked to the Unit and held by the Trustee-Manager as legal owner as trustee-manager of the Trust; and (c) a specifically identified Preference Share Stapled to the Unit."Share Stapled Units Register"shall mean the register of Registered Holders of Share Stapled Units to be maintained in accordance with clause 9.1 of the Trust Deed."Special Resolution"shall mean a resolution proposed and passed as such by a majority consisting of three-fourths or more of the total number of votes cast for and against such resolution at a meeting of members and includes a special resolution passed pursuant to Article 13.10."Stapled"shall mean attaching each Unit in the Trust to a specifically identified Preference Share so that one may not be dealt with without the other, in accordance with clause 3 of the Trust Deed and the other provisions of the Trust Deed; and "Stapling" shall be construed accordingly."Statutes"the Act and every other law of the Legislature of the Cayman Islands for the time being in force applying to or affecting the Company, its memorandum of association and/or these Articles."subsidiary"shall have the meaning attributed to such term in the Companies Ordinance, but interpreting the term "subsidiary" in accordance with the definition of "subsidiary" under the Listing Rules.
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Related to Share Stapled Unit

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Unit Share means a Common Share comprising part of each Unit;

  • Restricted Unit means a Unit granted under the Plan that is subject to a Restricted Period.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Phantom Unit means a notional Unit granted under the Plan which upon vesting entitles the Participant to receive, at the time of settlement, a Unit or an amount of cash equal to the Fair Market Value of a Unit, as determined by the Committee in its sole discretion.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Plan Share Award or "Award" means a right granted to a Participant under this Plan to earn or to receive Plan Shares.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Designated Unit means information technology devices (e.g. hard disks or central processing units) identified by Licensee pursuant to this Agreement that have been officially made known to the public as appropriate for Use or interoperation with the Software.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Unit Award means a grant of a Unit that is not subject to a Restricted Period.

  • Share Award means an Award of Shares granted pursuant to Section 10.

  • Stock Unit means a bookkeeping entry representing the equivalent of one Common Share, as awarded under the Plan.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Phantom means a volume of material behaving in a manner similar to tissue with respect to the attenuation and scattering of radiation. This requires that both the atomic number (Z) and the density of the material be similar to that of tissue.