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.

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

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.

Examples of Unmarketable Parcel in a sentence

• The Company has sent a letter to all shareholders who hold an Unmarketable Parcel as at the Record Date.The Company also issued a total of 696,618 fully paid ordinary shares after quarter end to RCF in lieu of interest payable on outstanding convertible loan notes held by RCF during the September quarter.

• Until the member gives a notice under Clause 6 of this Schedule, the provisions of this Schedule continue to apply to the Relevant Shares despite the fact that they have, after the giving of the First Notice, ceased to comprise an Unmarketable Parcel.

• The Company may give written notice to an Unmarketable Parcel Holder advising of the Company's intention to sell its Unmarketable Parcel under this clause 14, unless the Unmarketable Parcel Holder, within six weeks from the date the notice is sent by the Company, gives written notice to the Company that it wishes to retain its Shares in which case the provisions of this clause 14 will not apply to the Shares held by that Unmarketable Parcel Holder.

• If the Company is listed and a member holds an Unmarketable Parcel, the provisions ofSchedule One apply to that Unmarketable Parcel.

• The remedy of any Unmarketable Parcel Holder who is aggrieved by the sale or disposal of its Shares under this clause 14 is limited to a right of action in damages against the Company to the exclusion of any other right, remedy or relief against any other person.

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:

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.

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 number of Shares which is less than a Marketable Parcel; "Unmarketable Parcel Holder" means a Member holding less than a Marketable Parcel.14.2 Notice to Unmarketable Parcel HolderThe Company may give written notice to an Unmarketable Parcel Holder advising of the Company's intention to sell its Unmarketable Parcel under this clause, unless the Unmarketable Parcel Holder, within 6 weeks from the date the notice is sent by the Company, gives written notice to the Company that it wishes to retain its Shares in which case the provisions of this clause will not apply to the Shares held by that Unmarketable Parcel Holder. 14.3 Revocation or withdrawal of noticeIf an Unmarketable Parcel Holder has given written notice to the Company that it wishes its Shares to be exempted from this clause, it may at any time prior to the Effective Date revoke or withdraw that notice and the provisions of this clause will then apply to the Shares held by that Unmarketable Parcel Holder.14.4 Sale of Unmarketable ParcelsSubject to clause 14.2, on and from the Effective Date, the Company may sell or otherwise dispose of the Shares held by each Unmarketable Parcel Holder on any terms and in that manner and at those times that the Directors determine. For the purpose of selling or disposing of those Shares, each Unmarketable Parcel Holder irrevocably: