participating class definition

participating class means a class of shares title to which is permitted by an Operator to be transferred by means of a relevant system;
participating class means a class of shares title to which may be transferred by means of a relevant system;
participating class means a class of shares title of which is permitted by the Operator to be transferred by means of the Relevant System.

Examples of participating class in a sentence

  • The Administrator will retain amounts equal to their Individual Class Payments in the Net Settlement Amount for distribution to Participating Class Members on a pro rata basis.

  • Participating Class Members assume full responsibility and liability for any employee taxes owed on their Individual Class Payment.

  • The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment.

  • Only Participating Class Members have the right to object to the Settlement.

  • If the Court awards less than the amount requested, any amount not awarded will become part of the Net Settlement Amount for distribution to Participating Class Members.


More Definitions of participating class

participating class means a class of shares title to which is
participating class means a class of shares for the time being a participating class title to which is recorded on the relevant system register as being held in uncertificated form;
participating class means a class of shares title to which may betransferred by means of a relevant system;
participating class means all Participating Class Members.
participating class means a class of shares title to which is permitted by the Operator to be transferred by means of a relevant system;"Register"means the register of members of the Company;"relevant system"means a computer-based system and procedures, permitted by the uncertificated securities rules, which enable title to units of a security to be evidenced and transferred without a written instrument and which facilitate supplementary and incidental matters;"SE Regulation"means Regulation 2157/2001/EC on the Statute for a European Company;"seal"means the common seal of the Company and includes any official seal kept by the Company by virtue of section 49 or 50 of the Act;"Statutes"means these statutes as altered from time to time by special resolution of members;"Supervisory Board"means the supervisory board of directors of the Company, comprising Supervisory Directors;"Supervisory Director"means a member of the Supervisory Board;"treasury shares"has the meaning given by the Act;"Uncertificated Proxy Instruction"means a properly authenticated dematerialised instruction and/or other instruction or notification, which is sent by means of a relevant system and received by such participant in that system acting on behalf of the Company as the Executive Board may prescribe, in such form and subject to such terms and conditions as may from time to time be prescribed by the Executive Board (subject always to the facilities and requirements of the relevant system concerned); "uncertificated securities rules" means any provision of the Companies Acts relating to the holding, evidencing of title to, or transfer of uncertificated shares and any legislation, regulations, rules or other arrangements made under or by virtue of such provision;"uncertificated share"means a share which is recorded on the Register as being held in uncertificated form and title to which may, by virtue of the uncertificated securities rules, be transferred by means of a relevant system and references in these Statutes to a share being in, or being held in, uncertificated form shall be construed accordingly; "UK Regulations" means the United Kingdom European Public Limited-LiabilityCompany Regulations 2004 (SI 2004/2326) as may be, or have been, amended or re-enacted from time to time;
participating class means a class of shares title to which is permitted by the
participating class means any Class Member who opts out of the Settlement by sending the Administrator a valid and timely Request for Exclusion.