Bearer Shares definition

Bearer Shares means shares that may be transferred by delivery of the warrant or certificate relating thereto;
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Bearer Shares. Any entity that has issued or has the ability to issue negotiable instruments that accord ownership in a legal person to the person who possesses the physical bearer share certificate.
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Bearer Shares means shares issued by a company which assigns ownership to whomever has possession of the non- immobilized physical share certificates.
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Examples of Bearer Shares in a sentence

  • The Company is not authorised to issue Bearer Shares, convert Registered Shares to Bearer Shares or exchange Registered Shares for Bearer Shares.

  • Upon issue, and subject to the Class they belong to, the Shares are entitled to participate equally in the profits and dividends of the Sub-Fund attributable to the relevant Class of Shares in which they have been issued as well as in the liquidation proceeds of such Sub-Fund.If Bearer Shares are issued for any Class of Shares, Global Share Certificates will be issued as described under "Subscriptions and Redemptions of Shares (Primary Market)".

  • An earlier version of this section was published in 2001 (FitzRoy 2001).

  • If the Warrant so surrendered represents any Non-cumulative Dollar Preference Shares not to be redeemed on the relevant Redemption Date the Company shall issue, free of charge, a fresh Warrant representing such Bearer Shares which are not to be redeemed on such Redemption Date.

  • The conversion of A Series Registered Shares into A Series Bearer Shares is made based on application of the shareholders in January every year.


More Definitions of Bearer Shares

Bearer Shares means shares issued by a company which assigns ownership to whomever has possession of the physical share certificates. Tax Compliance You are solely responsible for understanding and complying with your tax and other filing obligations with respect to your U.S. and non-U.S. accounts in all countries in which those obligations may arise. You should consult a tax adviser for more information. You acknowledge and agree that, in order to comply with United States tax laws, the Bank may (i) disclose information about you and your account (including transactional information) to the United States Internal Revenue Service ("IRS"); (ii) request certain documentation (including IRS Forms W-8 or W-9) and additional information from you with respect to your account; (iii) withhold U.S. tax from your account or from payments made to you or your account; and (iv) close your account if you have not provided requested documentation or information.
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Bearer Shares means securities that are not registered on the books of the issuing corporation and thus payable to any possessor of the shares.
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Bearer Shares means shares which are owned by and give all their rights to the holder (the “bearer”), but the ownership of the shares is not recorded on the company’s books;
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Bearer Shares means negotiable instruments that accord ownership in a legal person to the person who possesses the bearer share certificate;[definition of “bearer shares” inserted by section 4(f) of Act 2 of 2022]
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Bearer Shares means unlisted or unregistered share ownership which can be transferred by the physical delivery of the share certificate without any other action. Use of bearer shares allows ownership of a corporation to be con-
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Bearer Shares. Means Shares which are represented either (i) by a Global Share Certificate or (ii) by Individual Bearer Share Certificates as described under “Issue of Shares and Subscription”;
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Bearer Shares. The 26,200 "A" Ordinary Shares of BP0.10 each in the capital of the Company being bearer shares or bearer share warrants
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