non-assessable means, in relation to any Plan Shares, that no further sum shall be payable by a holder of those Plan Shares in respect of the issue price of those Plan Shares pursuant to an Award made under the Plan; and
non-assessable means, in relation to a Share, that the purchase price for which the Company agreed to issue and sell that Share has been paid in full to the Company, so that no further sum is payable to the Company or its creditors by any holder of that Share solely because of being the holder of such Share; and
non-assessable means, in relation to an IPO Share, that the purchase price for which the Company agreed to issue that IPO Share has been paid in full to the Company and that no further sum is payable to the Company in respect of that IPO Share;
More Definitions of non-assessable
non-assessable means, in relation to an Ordinary Share, that the purchase price for which the Company agreed to issue that Ordinary Share has been paid in full to the Company and that no further sum is payable to the Company in respect of that Ordinary Share;
non-assessable means that the securityholder is not liable, solely because of securityholder status, for additional assessments or calls on the security by the company or its creditors.
non-assessable means, with respect to the Ordinary Shares and Preference Shares, that a holder of such Shares, in respect of which all amounts due on such Shares as to the nominal amount and any premium thereon have been fully paid, will be under no obligation to contribute to the liabilities of the Company solely in their capacity as holders of such Ordinary Shares or Preference Shares (except in exceptional circumstances and subject to the Company’s articles of association (the Articles), such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil);
non-assessable with respect to a security means that the holder of such security is under no personal liability to contribute to the assets and liabilities of the Company in their capacities as holder of such security.
non-assessable means, in relation to any Plan Shares (as defined below), that no further sum shall be payable by a holder of those Plan Shares in respect of the issue price of those Plan Shares pursuant to any Options made under a Plan;
non-assessable means that no further sums are required to be paid by the holders of such shares in connection with the issue of such shares; and
non-assessable means, with respect to Shares, that a holder of such Shares will not by reason of merely being such a holder be subject to assessment or calls by the Company or its creditors for further payment on any such Shares.