Beneficial Ownership Interest definition

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 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 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.

Examples of Beneficial Ownership Interest in a sentence

• As a general matter, you have Beneficial Ownership Interest in a Covered Security, defined below, if you have or share a direct or indirect Pecuniary Interest (as defined below) in the security, including through any contract, arrangement, understanding, relationship or otherwise.

• Beneficial Ownership Interest shall be interpreted in the same manner as it would be under Rule 16a-1(a)(2) under the Securities Exchange Act of 1934 in determining whether a person is a beneficial owner of a security for the purposes of Section 16 of the Securities Exchange Act of 1934 and Section 30(h) of the Investment Company Act of 1940 (“the 1940 Act”) and the rules and regulations thereunder.

• When an Access Person begins employment with Calamos or becomes an Unaffiliated Trustee, such person must within 10 days disclose on an Initial Securities Holdings Form all investment or brokerage accounts and Covered Securities in which he or she has a Beneficial Ownership Interest, if any.

• Each Access Persons and Unaffiliated Trustees shall report all personal transactions in Covered Securities in which he or she has a Beneficial Ownership Interest, including transactions in shares of all mutual funds and closed-end funds, during a quarter to the Compliance Department no later than 30 days after the end of the calendar quarter.

• Each Access Persons is required to direct brokers, dealers or banks to supply to the Compliance Department, on a timely basis, duplicate copies of all confirmations of personal securities transactions and copies of periodic statements for all securities accounts in which he or she has a Beneficial Ownership Interest.

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 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.

Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds that 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 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 a beneficial interest as such term is used in Section 3801(a) and (b) of the Trust Statute.

Beneficial Ownership Interest means an ownership interest held by: