Beneficial Rights definition

Beneficial Rights has the meaning set forth in Section 2.05.
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Beneficial Rights has the meaning set forth in Section 1.6.
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Beneficial Rights means those beneficial rights being conveyed to Company by Investors, as more particularly described in Sections 3.1(a) and 3.1(b). “Contribution/Contributing” shall denote the Beneficial Rights to be conveyed to the Company, upon the transfer becoming legally binding in accordance with the terms and conditions herein, in exchange for the Unicoin Rights Certificates to be issued hereunder.
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Examples of Beneficial Rights in a sentence

  • These obligations of Investors and Investor Company shall remain in effect beyond Closing, until Company is reasonably satisfied that all requisite actions have been diligently executed and all regulatory requirements pertaining to the transfer of the Beneficial Rights to Unicoin have been fully met.

  • At the request of either party, Transferee and Transferor shall use efforts which are reasonable and commensurate with the value and materiality of the Contract, Permits, or Asset being transferred to obtain and secure any and all consents and approvals that may be necessary to effect the legal and valid sale, transfer or assignment of the Contracts, Permits or other Assets underlying the Beneficial Rights to Transferee without material change.

  • The Beneficial Rights must be conveyed to the Company by Investors within 10 days after the completion of the Due Diligence (the “Closing”).

  • The Trust Declaration shall convey to Company Beneficial Rights over the Investor Shares, in accordance with the terms and conditions specified therein.

  • The term “Closing” refers to the completion of the transfer of Beneficial Rights as specified in this Agreement, subject to the satisfaction of all Closing Conditions detailed in Section 4.1(b) and compliance with the closing deliverables specified in Section 4.2. The Closing may be extended fos such time as the Parties may mutually agree in writing.

  • The Parties agree that the valuation of the Beneficial Rights being conveyed to Company hereunder is equal to the appraised value, or One Hundred Nineteen Million, Eight Hundred Sixty-Two Thousand, Six Hundred One United States dollars (US$119,862,601.00).

  • Buyer and Seller shall make or complete such transfers as soon as reasonably practicable and cooperate with each other in any other reasonable arrangement designed to provide for Buyer the Beneficial Rights including enforcement at the cost and for the account of Buyer of any and all rights of Seller against the other party thereto, and to provide for the discharge by Buyer of any liability under such contracts, properties or other assets.

  • Transferee shall also have received as-built ALTA surveys of the Owned Real Property (or so much of the Owned Real Property Transferee elects to have surveyed) reasonably acceptable to Transferee reflecting all improvements visible on the Owned Real Property and all easements and rights of way of record on the Owned Real Property and all Owned Real Property subject to the Execution Version 45 931320/20 Beneficial Rights ("Survey").

  • The Parties agree that the valuation of the Beneficial Rights being conveyed to Company hereunder is equal to the appraised value, or two hundred seventy-six million one hundred sixty thousand U.S. dollars (US$276,160,000.00).

  • The consideration payable by Company for the Beneficial Rights shall be in unicoins, or the rights to receive unicoins, representing 140% of the appraised value, or One Hundred Sixty-Seven Million, Eight Hundred Seven Thousand, Six Hundred Forty-One United States dollars (US$167,807,641.00).


More Definitions of Beneficial Rights

Beneficial Rights has the meaning set forth in Section 6.7(d).
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Beneficial Rights means exclusive worldwide rights to put to commercial use by any means whatsoever including to research, licence, develop, manufacture and market the Processes and products, processes an systems based on or derived from the Processes and "Beneficial Owner" has a corresponding meaning;
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Beneficial Rights has the meaning specified in Section 10.2(a).
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Beneficial Rights has the meaning set forth in Section 3.2(g)(ix).
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Beneficial Rights is defined in Section 5.11.
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Beneficial Rights is defined in Section 1.3(c).
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Related to Beneficial Rights

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Beneficial Shareholders means shareholders who do not hold Shares in their own name and “intermediaries” refers to brokers, investment firms, clearing houses and similar entities that own securities on behalf of Beneficial Shareholders.

  • Beneficial use means the right to possession, use, and enjoyment of property, limited only by encumbrances, easements, and restrictions of record.

  • Beneficial shareholder means the person who is a beneficial owner of shares held in a voting trust or by a nominee as the record shareholder.

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

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

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Beneficial Ownership Limitation shall have the meaning set forth in Section 4(d).

  • Beneficial Ownership Rule means 31 C.F.R. § 1010.230.

  • Beneficial Owners means Persons who Beneficially Own the referenced securities.

  • Purported Beneficial Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in Section 6.2.2 of this Article VI, the Purported Record Transferee, unless the Purported Record Transferee would have acquired or owned shares of Capital Stock for another Person who is the beneficial transferee or owner of such shares, in which case the Purported Beneficial Transferee shall be such Person.

  • Ownership Interests means, with respect to any entity, any ownership interests in the entity and any economic rights (such as a right to distributions, net cash flow or net income) to which the owner of such ownership interests is entitled.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Exchangeable Share Provisions means the rights, privileges, restrictions and conditions attaching to the Exchangeable Shares;

  • Regulation S Global Note means a Regulation S Temporary Global Note or Regulation S Permanent Global Note, as appropriate.

  • Regulation S Global Notes means, collectively, the Temporary Regulation S Global Notes and the Permanent Regulation S Global Notes.

  • Interests when used herein shall have the respective meanings specified in the Declaration of Trust of the Trust.

  • Regulation S Global Securities Appendix A

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Exchange Rights shall have the meaning set forth in Paragraph 2 hereof.

  • Beneficial Ownership Certification means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.

  • Global Note Legend means the legend set forth in Section 2.06(g)(2) hereof, which is required to be placed on all Global Notes issued under this Indenture.

  • Non-U.S. Beneficial Ownership Certification As defined in Section 5.03(f) of this Agreement.

  • Multiple Voting Shares means the Class B multiple voting shares in the capital of the Corporation;

  • Voting Rights The portion of the voting rights of all of the Certificates which is allocated to any Certificate. As of any date of determination, (a) 1% of all Voting Rights shall be allocated to each Class of Notional Amount Certificates, if any (such Voting Rights to be allocated among the holders of Certificates of each such Class in accordance with their respective Percentage Interests), and (b) the remaining Voting Rights (or 100% of the Voting Rights if there is no Class of Notional Amount Certificates) shall be allocated among Holders of the remaining Classes of Certificates in proportion to the Certificate Balances of their respective Certificates on such date.

  • Transfer Restricted Definitive Notes means Definitive Notes that bear or are required to bear or are subject to the Restricted Notes Legend.