Examples of Allocated Shares in a sentence
If the Applicant fails to comply with the terms of payment, the Company and the Manager reserve the right, in whole or in part, to cancel the allocation, allocate the Allocated Shares to another purchaser and/or to sell all or part of the Allocated Shares at the Applicant's cost and risk (and the Applicant will not be entitled to any profit thereof) on such terms and such conditions as the Manager and/or the Company may decide.
The Applicant will be liable for any loss, cost or expense suffered or incurred by the Company or the Manager as a result of or in connection with such allocation, sale or the Applicant's failure to make timely payment, and the Applicant will also be liable to pay the subscription amount for the Allocated Shares in such event.
The Applicant shall pay the subscription amount (being the number of Allocated Shares multiplied with the Offer Price) in accordance with the procedures set out herein and in the Notification.
Management of shares During the transfer restriction period, the Allocated Shares are held in dedicated accounts at Nomura Securities Co., Ltd.
Subject to the terms of any trust deed that governs the Trust and the Plan Rules, the Trustee may transfer any Shares it holds under the Trust to a Participant in satisfaction of their entitlement to be Allocated Shares.