CDI Holder definition
Examples of CDI Holder in a sentence
The receipt of cash pursuant to the Acquisition by a Virgin Money Shareholder in the US as consideration for the transfer of its Scheme Shares (or, in relation to a Virgin Money CDI Holder, the Scheme Shares underlying its Virgin Money CDIs) pursuant to the Scheme may be a taxable transaction for US federal income tax purposes and under applicable US state and local, as well as foreign and other, tax laws.
For the avoidance of doubt, each SSR CDI issued to an Alacer CDI Holder shall provide the Alacer CDI Holder with the right to vote the SSR Share of which it represents beneficial ownership.
Title to the Certificated Depositary Interest passes only on due registration in the Book-Entry Registrar and only the CDI Holder is entitled to payment in respect of this Certificated Depositary Interest.
Where a CDI Holder is a nominee of a person beneficially interested in such Company Depositary Interests, the payments will be made to such nominee which will be responsible for forwarding such payments to the persons entitled to them under the nominee arrangements.