Non-Transferable


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Non-Transferable

1. Describing a right that one may not sell or give away, either because of legal limitations or a standing agreement. For example, riparian rights to water are non-transferable by common law except to the owner of a neighboring property.

2. See: Nonnegotiable.
References in periodicals archive ?
The January Special Warrants are non-transferable and will be deemed to be exercised on January 25, 1995 unless exercised prior thereto.
The Fund will issue to shareholders one non-transferable right for each share of the Fund owned on the Record Date, rounded down to the nearest number of rights evenly divisible by three.
17, 1993 (the "record date"), a shareholder was issued one-sixth of a non-transferable right.
The Fund will issue to shareholders one non-transferable right for each share of the Fund owned, rounded down to the nearest number of rights evenly divisible by three.
The fund will issue 1/6 of a non-transferable right for each full share of common stock owned of record on Sept.
Each Unit is comprised of one common share and one-half non-transferable Warrant.
The units consist of one share and one non-transferable share purchase warrant.
Each A Unit shall consist of one share and one non-transferable share purchase warrant granting the holder thereof the right to purchase one additional share at a price of $0.

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