First Record Date definition

First Record Date means, in respect of demerger of the Product Business Undertaking into the Resulting Company, the date to be fixed by the Board of Directors of the Resulting Company in consultation with the Board of Directors of the Demerged Company, for the purposes of issue and allotment of Equity Shares by the Resulting Company to the equity shareholders of the Demerged Company.
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First Record Date has the meaning ascribed to it in Section 8.05(a). -----------------
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First Record Date means the date specified in Part II of the applicable Reference Trust Agreement.
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Examples of First Record Date in a sentence

  • Shareholders who become Odd-lot Holders between the First Record Date and the Second Record Date will not be entitled to participate in the Odd-lot Offer.

  • If (i) the value of the Shares calculated on the First Record Date or Second Record Date fall below $300,000 or $850,000, respectively, and (ii) the Company has generated positive EBITDA (as defined below) in the fiscal year preceding the applicable record date, then the royalty payable effective each of the First Record Date and the Second Record Date will be increased, only to the extent of 15% of such positive EBITDA, payable in cash or settled by the issuance of Shares, at the option of the Company.

  • Odd-lot Offer TermsShareholders who are Odd-lot Holders on the First Record Date (being 30 March 2012) and who remain Odd-lot Holders on the Second Record Date (being the record date announced by the Directors when an Odd-lot Offer is declared) will be entitled to participate in an Odd-lot Offer in respect of their Odd-lots.

  • The last day to trade in order to qualifyas an Odd-lot Holder on the First Record Date and so be eligible to participate in such Odd-lot Offer is 23 March 2012.

  • If, however, a Qualifying Shareholder holds 219 or less Shares on the First Record Date, they will not be entitled to receive any Rights.

  • Availability of the Odd-lot OfferTo be eligible to participate in an Odd-lot Offer, in respect of his/her holding of Odd-lots, a Shareholder must be an Odd-lot Holder on the First Record Date and must remain an Odd-lot Holder on the Second Record Date.

  • For technical reasons, in order to effect this, the aggregate number of shares held by or on behalf of Odd-lot Holders on the First Record Date will be deducted from the votes cast in favour of the resolution.

  • Accordingly, by way of example, if a Qualifying Shareholder holds 220 or more Shares (but less than 440 Brait Shares) on the First Record Date (as per the timetable in paragraph 6 below) they will be entitled to receive one Right.

  • For the purpose of issue of equity shares to any member of the Demerged Company as of the First Record Date, the Resulting Company shall, if and to the extent required, apply for and obtain the required statutory approvals including approval of the Reserve Bank of India and other concerned regulatory authorities for the issue and allotment by the Resulting Company of such equity shares.

  • For administrative reasons, Odd-lot Holdings which are transferred between the UK Register and SA Branch Register between the First Record Date and the Second Record Date are not eligible to participate in the Odd- lot Offer.


More Definitions of First Record Date

First Record Date shall have the meaning set forth in the Recitals.
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Related to First Record Date

  • ADS Record Date shall have the meaning given to such term in Section 4.9.

  • Interest Record Date for the interest payable on any Interest Payment Date (except a date for payment of defaulted interest) means the April 15 or October 15 (whether or not a Business Day), as the case may be, immediately preceding such Interest Payment Date.

  • Special Record Date for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 307.

  • Partnership Record Date means the record date established by the General Partner for a distribution pursuant to Section 5.1(a) hereof, which record date shall be the same as the record date established by the General Partner for a distribution to its stockholders of some or all of its portion of such distribution.

  • Record Date means, with respect to any dividend, distribution or other transaction or event in which the holders of Common Stock (or other applicable security) have the right to receive any cash, securities or other property or in which the Common Stock (or such other security) is exchanged for or converted into any combination of cash, securities or other property, the date fixed for determination of holders of the Common Stock (or such other security) entitled to receive such cash, securities or other property (whether such date is fixed by the Board of Directors, by statute, by contract or otherwise).

  • Monthly Record Date means the "Record Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Eligibility Record Date means a record date that is 1 year or more before the adoption of a plan of conversion by a credit union board and is set forth in a plan of conversion for determining eligible members of a converting credit union.

  • Dividend Record Date has the meaning set forth in Section 3(a).

  • Record Date Period means the period from the close of business of any Regular Record Date next preceding any Interest Payment Date to the opening of business on such Interest Payment Date.

  • Record Dates means , , , , , and , and such other date as the Depositor may direct.

  • Relevant Record Date means the date on which a Bondholder’s ownership of Bonds shall be recorded in the CSD as follows:

  • Voting Record Date means the date for determining the eligibility of Members to vote at the Special Meeting.

  • Distribution Record Date means the Confirmation Date.

  • Regular Record Date for the interest payable on any Interest Payment Date on the Securities of any series means the date specified for that purpose as contemplated by Section 301.

  • Regular Record Dates May 15 and November 15. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

  • Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Close of Business means 5:00 p.m. (New York City time).

  • Drop Dead Date has the meaning set forth in Section 9.01(b)(i).

  • Distribution Effective Time has the meaning set forth in the Separation Agreement.