Examples of Specified Event in a sentence
A Restriction Notice shall be cancelled by the Directors as soon as reasonably practicable, but in any event not later than forty-eight hours, after the Holder or Holders concerned shall have remedied the default by virtue of which the Specified Event shall have occurred.
A restriction notice shall be cancelled by the Directors as soon as reasonably practicable, but in any event not later than forty-eight hours, after the Holder or Holders concerned shall have remedied the default by virtue of which the Specified Event shall have occurred.
A restriction notice shall be cancelled by the Directors as soon as reasonably practicable, but in any event not later than forty-eight hours, after the Shareholder or Shareholders concerned shall have remedied the default by virtue of which the Specified Event shall have occurred.
For the purpose of this Instrument of Incorporation the expression Specified Event in relation to any Share shall mean the failure by the Holder thereof or any of the Holders thereof to comply, to the satisfaction of the Directors, with all or any of the terms of clause 10 in respect of any notice or notices given to the Holder or any of the Holders thereunder.
If at any time the Directors shall determine that a Specified Event (as defined in clause 51.5) shall have occurred in relation to any Share or Shares the Directors may serve a notice to such effect on the Holder or Holders thereof.