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 shall have the meaning set forth in the Recitals.
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First Record Date has the meaning ascribed to it in Section 8.05(a). -----------------
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Examples of First Record Date in a sentence

  • 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.

  • 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.

  • 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).

  • Keener argues that her claims against LZ Partners are protected from the statute of limitations by Kentucky’s discovery rule.

  • 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.

  • The next computation shall be made as of the First Record Date and an amount in cash equal to the share of the Interest Account represented by this Certificate shall be distributed on the first day of the month following the month in which the First Record Date occurs, or within a reasonable period of time thereafter, to or upon the order of the registered holder of this Certificate at the close of business on the First Record Date.

  • Holders of the Senior Secured Bonds as of the First Record Date will receive in aggregate 6,817,807 PIK Bonds, each with a Face Value of USD 1.

  • Shareholders recorded in the register of the Company at 11:00 (Central European Time) on 31 January 2020 (being the First Record Date) are offered, on the terms and conditions stated in the Circular dated on or about 27 January 2020 (which shall, if in conflict with the information set out below, take precedence), Rights to subscribe for New Shares at a subscription price of EUR 0.41/ZAR6.60 per New Share in the ratio of 1.6870 New Shares for every 1 Existing Share held on the First Record Date.

  • Holders of the April 2016 Coupon Claims as of the First Record Date will receive in aggregate 10,234,570 PIK Bonds, each with a Face Value of USD 1.


More Definitions of First Record Date

First Record Date means the date specified in Part II of the applicable Reference Trust Agreement.
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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 with respect to any Interest Payment Date, shall mean the June 1 or December 1 (whether or not such day is a Business Day) immediately preceding the applicable June 15 or December 15 Interest Payment Date, respectively.

  • 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.

  • Floating Interest Payment Date means February 15, May 15, August 15 and November 15 of each year, beginning February 15, 2026.

  • 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).