A3 Ordinary Shares means the 1,180,877 A ordinary shares of £0.005 each in the capital of the Company;
A3 Ordinary Shares means A3 Ordinary Shares of US$1.120598 each in the capital of the Company and having the rights set out in the Bye-laws; “Actual Tangible Book Value” means the aggregate value of all assets of the Group excluding (i) investments in subsidiaries and (ii) intangibles (which intangibles shall include all goodwill and the XXXX Fair Value Asset) less the aggregate value of all liabilities of the Group, in each case, as at the Effective Time, as calculated in accordance with Schedule 6; “Additional Funding Amount” has the meaning given in Clause 9.1; “Additional Funding Period” has the meaning given in Clause 9.4; “Additional Funding Request Notice” has the meaning given in Clause 9.1; “Agreed Press Release” means the announcement in the agreed form to be released by White Mountains on or around the date of this Agreement; “Agreement” means this subscription and purchase agreement, including the Schedules to this agreement; “AHU” means Accident & Health Underwriting Limited, a company incorporated in England and Wales under No. 03938590; “Alternative Structure” has the meaning given in Clause 9.3(b); “AMB Funding Support Letter” means the letter from the Investor to the Company dated on or around the date of this Agreement in relation to matters connected with A.M. Best; “Applicable Law” means all laws, regulations, directives, statutes, subordinate legislation, common law and civil codes of any jurisdiction, all judgments, orders, notices, instructions, decisions and awards of any court or competent authority or tribunal exercising statutory or delegated powers and all codes of practice having force of law, statutory guidance and policy notes, in each case to the extent applicable to the parties or any of them, or as the context requires; “Appropriate Regulator” means, in accordance with section 178(2A) of FSMA, (i) the PRA, in respect of Ark MA and (ii) the FCA, in respect of AHU; “Ark MA” means Ark Syndicate Management Limited, a company incorporated in England and Wales under No. 05887810 and which is the managing agent of the Syndicates; “AUI” means Ark Underwriting Inc., a company incorporated in the State of Connecticut under No. 1111298; “B1 Ordinary Shares” means B1 Ordinary Shares of US$0.000479 each in the capital of the Company and having the rights set out in the Bye-laws; “B3 Ordinary Shares” means B3 Ordinary Shares of US$1.120598 each in the capital of the Company and having the rights set out in the Bye-laws; 5
A3 Ordinary Shares means A3 Ordinary Shares of US$1.120135961 each in the capital of the Company and having the rights set out in the Bye-laws; “A4 Ordinary Shares” means A4 Ordinary Shares of US$4.752860271 each in the capital of the Company and having the rights set out in the Bye-laws; “A5 Ordinary Shares” means A5 Ordinary Shares of US$2.430679879 each in the capital of the Company and having the rights set out in the Bye-laws; “A6 Ordinary Shares” means A6 Ordinary Shares of US$1.120117793 each in the capital of the Company and having the rights set out in the Bye-laws; “Actual Tangible Book Value” means the aggregate value of all assets of the Group excluding (i) investments in subsidiaries and (ii) intangibles (which intangibles shall include all goodwill and the XXXX Fair Value Asset) less the aggregate value of all liabilities of the Group, in each case, as at the Effective Time, as calculated in accordance with Schedule 6; “Additional Funding Amount” has the meaning given in Clause 9.1; “Additional Funding Period” has the meaning given in Clause 9.4; “Additional Funding Request Notice” has the meaning given in Clause 9.1; “Agreed Press Release” means the announcement in the agreed form to be released by White Mountains on or around the date of this Agreement; “Agreement” means this subscription and purchase agreement, including the Schedules to this agreement; “AHU” means Accident & Health Underwriting Limited, a company incorporated in England and Wales under No. 03938590; “Alternative Structure” has the meaning given in Clause 9.3(b); “AMB Funding Support Letter” means the letter from the Investor to the Company dated on or around the date of this Agreement in relation to matters connected with A.M. Best; “Applicable Law” means all laws, regulations, directives, statutes, subordinate legislation, common law and civil codes of any jurisdiction, all judgments, orders, notices, instructions, decisions and awards of any court or competent authority or tribunal exercising statutory or delegated powers and all codes of practice having force of law, statutory guidance and policy notes, in each case to the extent applicable to the parties or any of them, or as the context requires; “Appropriate Regulator” means, in accordance with section 178(2A) of FSMA, (i) the PRA, in respect of Ark MA and (ii) the FCA, in respect of AHU; “Ark MA” means Ark Syndicate Management Limited, a company incorporated in England and Wales under No. 05887810 and which is the managing agent of t...
Examples of A3 Ordinary Shares in a sentence
The issued and paid up share capital of PAC 3 consists of 1,012,999 A1 Ordinary Shares of US$0.001 each, 1,814,968,031 A2 Ordinary Shares of US$0.000001 each, 184,513,774 A3 Ordinary Shares of US$0.000001 each, 172,368 B1-I Ordinary Shares of US$0.001 each, 205,292,702 B1-II Ordinary Shares of US$0.000001 each, 25,000 B2 Ordinary Shares of US$1.00 each, 205,297 C Shares of US$0.000001 each and 221,564,378 Preference Shares of US$0.001 each.
BDO Corporate Finance Proprietary Limited (“BDO”) has been appointed as independent expert to consider the terms and conditions of the BEE Extension Transaction insofar as it relates to the amendments to the B Ordinary Shares and the issue of the A3 Ordinary Shares.
The proposed issue of A3 Ordinary Shares to the eligible participants of the ESOP Trust at a nominal value as part of the proposed BEE Extension Transaction.
Given that the A3 Ordinary Shares are to be issued at a discount to the traded price of Hulamin Ordinary Shares, the JSE has ruled that the Company must obtain a fairness opinion from an independent professional expert confirming whether the issue is fair insofar as Hulamin shareholders are concerned.
More Definitions of A3 Ordinary Shares
A3 Ordinary Shares means the non-voting shares described as the “A3 Ordinary Shares” in the Articles of £0.01 nominal value each;