Beneficial Ownership Interest definition

Beneficial Ownership Interest means the beneficial right to receive payments and notices with respect to the Bonds which are held by the Depository under a book entry system.

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Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

Beneficial Ownership Interest means any direct or indirect interest in the name of the MIMEL employee as well as any direct or indirect interest in the name of the MIMEL employee’s spouse, child, all persons residing with or financially dependent upon the MIMEL employee, any person to whom the MIMEL employee contributes material financial support and any account over which the MIMEL employee exercises control.

Examples of Beneficial Ownership Interest in a sentence

• In addition to the conveyance of the Beneficial Ownership Interest, Investors shall grant Company the irrevocable option (the “Conversion Rights”) to convert the Beneficial Ownership Interest to full, legal ownership of the Investor Shares upon the terms and conditions outlined in the Trust Declaration and as further provided herein.

• The purchase price of each such Project Bond or Beneficial Ownership Interest shall be payable in lawful money of the United States of America, and shall be paid in full on the applicable Bond Purchase Date.

• The Certificates shall evidence a Beneficial Ownership Interest in the assets of the Trust, subject to the liabilities of the Trust, and shall be payable solely from payments or property received by the Trustee on or in respect of the Underlying Securities[ and the Swap Agreement and any Related Agreement or Credit Enhancement Agreement].

• The purchase price of each such Refunding Bond or Beneficial Ownership Interest shall be payable in lawful money of the United States of America, and shall be paid in full on the applicable Bond Purchase Date.

• Any Noteholder who purchases or otherwise acquires a Series 2025-A Note or Beneficial Ownership Interest or any other interest in a Series 2025-A Note, by its acquisition of such a Series 2025-A Note or interest in a Series 2025-A Note, whether upon original issuance or subsequent transfer, is deemed to have represented to and agreed with the Issuer and the Trustee paragraphs 3, 7 and 11 of the Series 2025 Investor Letter set forth in Exhibit B to this Fourth Supplemental Indenture.

More Definitions of Beneficial Ownership Interest

Beneficial Ownership Interest means any direct or indirect interest in the name of the MIMAK employee as well as any direct or indirect interest in the name of the MIMAK employee’s spouse, child, all persons residing with or financially dependent upon the MIMAK employee, any person to whom the MIMAK employee contributes material financial support and any account over which the MIMAK employee exercises control.

Beneficial Ownership Interest means the right to receive payments and notices with respect to Bonds which are held by the Securities Depository under a Book-Entry System and for which the Securities Depository does not act on behalf of the Beneficial Owner in connection with the optional or mandatory tender of Bonds on a Tender Date.

Beneficial Ownership Interest means any direct or indirect interest in the name of the MIMGL employee as well as any direct or indirect interest in the name of the MIMGL employee’s spouse, child, all persons residing with or financially dependent upon the MIMGL employee, any person to whom the MIMGL employee contributes material financial support and any account over which the MIMGL employee exercises control.

Beneficial Ownership Interest means the beneficial right to receive payments and notices with respect to the Bonds which are held by the Depository under a book entry system.]

Beneficial Ownership Interest means any direct or indirect interest in the name of the MCIM and/or MGU employee as well as any direct or indirect interest in the name of the MCIM and/or MGU employee’s spouse, child, all persons residing with or financially dependent upon the MCIM and/or MGU employee, any person to whom the MCIM and/or MGU employee contributes material financial support and any account over which the MCIM and/or MGU employee exercises control.

Beneficial Ownership Interest means being in a position to receive benefits comparable to ownership benefits (through a family relationship, understanding, agreement or by other arrangements), or having the ability to gain ownership, immediately or at some future time.

Beneficial Ownership Interest means a beneficial interest as such term is used in Section 3801(a) and (b) of the Trust Statute.