Unmarketable Parcel definition

Unmarketable Parcel means a number of Shares which is less than a Marketable Parcel; and "Unmarketable Parcel Holder" means a Member holding less than a Marketable Parcel.

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Unmarketable Parcel means a parcel of shares of a single class registered in the same name or the same joint names which is:

Unmarketable Parcel means a number of Shares which is less than a Marketable Parcel; and

Examples of Unmarketable Parcel in a sentence

If the scrip consideration component of the Scheme Consideration to be issued to any particular Scheme Shareholder (other than an Ineligible Foreign Envestra Shareholder) would result in the Scheme Shareholder receiving an Unmarketable Parcel, then, in respect of the APA Securities to which the Scheme Shareholder would otherwise be entitled as Scheme Consideration, that Scheme Shareholder may elect to have the APA Securities issued to the Nominee to be dealt with in accordance with clause 5.7.
The Company must not sell an Unmarketable Parcel if, in response to a notice given by the Company under this rule 31, the Company receives a written notice that the member wants to keep the Unmarketable Parcel.
The Board may sell a share that is part of an Unmarketable Parcel if it does so in accordance with this rule.

More Definitions of Unmarketable Parcel

Unmarketable Parcel means a parcel of shares of a single class registered in the same name or the same joint names which is, in aggregate, less than the number that constitutes a marketable parcel of shares of that class under the business rules of ASX.

Unmarketable Parcel means a number of shares or Stapled Securities which is less than that required for the time being to constitute a marketable parcel of shares or Stapled Securities, as the case may be, as defined by the Listing Rules.

Unmarketable Parcel means a number of shares which is less than that required to constitute a marketable parcel; and

Unmarketable Parcel means a number of shares which is less than that required from time to time to constitute a Marketable Parcel of the shares.

Unmarketable Parcel means [insert] APA Securities or less. Unmarketable Parcel Participant means a Scheme Shareholder (other than an Ineligible Foreign Envestra Shareholder) who:

Unmarketable Parcel means, in respect of the shareholding of a shareholder, a parcel of shares that is not a Marketable Parcel; and

Unmarketable Parcel means a parcel of shares which is less than a Marketable Parcel calculated on the trading day prior to the date a notice is sent under CLAUSES 5.8(a)(i) or 5.9(b).