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 means the date specified in Part II of the applicable Reference Trust Agreement.
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First Record Date shall have the meaning set forth in the Recitals.
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Examples of First Record Date in a sentence

  • All Certificateholders of record as of the First Record Date (as defined in the Indenture) however, regardless of the plan of distribution selected, will receive the distribution to be made on or shortly after the First Payment Date (as defined in the Indenture) and thereafter, distributions will be made monthly, semi-annually or annually depending upon the plan of distribution, chosen by the holder hereof.

  • 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.

  • 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.

  • If you sold any of your Existing SOLBE1 Shares after the Last Day to Trade up to the First Record Date (i.e.

  • Last Day to Trade (the last day on which you could have bought SOLBE1 Shares to be on the securities register on the First Record Date to qualify for the Election Right and the last day on which you could have sold or Transferred SOLBE1 Shares without losing your Election Right).

  • Based on 261,684,910 Shares in issue as at the date of this joint announcement, the First Special Dividend payable to the Shareholders on the First Record Date shall amount to not less than approximately HK$300.0 million.

  • If a Qualifying Shareholder holds 219 or less Existing Shares on the First Record Date, they shall be not be entitled to receive any Rights.On and subject to the terms of the Rights Offer, one Right will entitle the holder to subscribe for an Exchangeable Bond at the Offer Price.Any Rights that are not exercised will lapse.

  • The Shareholders approved a resolution to cancel the Treasury Shares as described in paragraph 7 (Cancellation of Treasury Shares) of Part 4 (The Overview) of this Circular.In terms of the Rights Offer, the Company is offering for subscription to Shareholders a maximum of 795,454,545 New Shares at the Offer Price on the basis of 1.6870 New Shares for every 1 Existing Share held on the First Record Date subject to the terms and conditions set out in this Circular.

  • 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.

  • The next computation shall be made as of the First Record Date, as defined in the Indenture, and thereafter as of May 15 and November 15 of each year commencing with the first such day following the First Record Date.


More Definitions of First Record Date

First Record Date has the meaning ascribed to it in Section 8.05(a). -----------------
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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.

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

  • 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 With respect to any Distribution Date, the close of business on the last Business Day of the month preceding the month in which such Distribution Date occurs.

  • 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.

  • The term "Record Date means the "Record Dates" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust. Section 1.01 (1) of the Standard Terms and Conditions of Trust is replaced in its entirety with the following:

  • 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.

  • Income Account Record Date means the "Record Dates" set forth in the "Essential Information" in the Prospectus.

  • Capital Account Record Date and "Income Account Record Date" shall mean the "Record Dates" set forth in the "Essential Information" in the Prospectus.

  • 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).

  • Record Date" for a Trust shall mean the "Record dates" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • 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 on any given date shall mean 5:00 P.M., New York City time, on such date; provided, however, that if such date is not a Business Day it shall mean 5:00 P.M., New York City time, on the next succeeding Business Day.

  • 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.