Beneficially Held Sample Clauses

The 'Beneficially Held' clause defines the concept of beneficial ownership, distinguishing between the legal title to an asset and the actual economic interest or benefit derived from it. In practice, this clause clarifies that a party may be considered the beneficial owner of shares or property even if the legal title is held by another entity, such as a nominee or trustee. This distinction is crucial for determining rights to dividends, voting, or other benefits, and helps ensure that the true economic interests in an asset are recognized and protected, thereby preventing disputes over ownership and entitlement.