Foreign Stock definition
Examples of Foreign Stock in a sentence
The words and terms defined in the Agreement shall have the meaning assigned thereto in the Agreement, unless the context requires otherwise: Foreign Stock Exchanges: Every financial market outside the Hashemite Kingdom of Jordan, whether regulated or unregulated, in which securities of all kinds, foreign currencies, precious metals, any other commodities or financial instruments are traded.
In reference to the Financial Brokerage Agreement for the Account of Others in Foreign Stock Exchanges signed between me and INGOT Financial Brokerage Ltd.
If at any time the Corporation shall find that the combined voting power of Voting Stock then registered in the Foreign Stock Record exceeds the Maximum Percentage, there shall be removed from the Foreign Stock Record the registration of such number of shares so registered as is sufficient to reduce the combined voting power of the shares so registered to an amount not in excess of the Maximum Percentage.
The Company acknowledges that the Credit Agreement (as defined in the Note Agreement prior to giving effect to the amendments contained in Section 1 hereof) has been renewed, extended, refinanced or replaced as contemplated by clause (a) of the definition of “Permitted Foreign Stock Pledge” contained in the Note Agreement as of the Effective Date.
The representations and warranties contained in Article IV hereof, in Section 7 of the Guaranty and in the Foreign Stock Pledge Agreements, if any are required hereunder, and the other Credit Documents shall be true and correct in all material respects.
It is the duty of each stockholder who is a Non-Citizen to register his, her or its Equity Securities on the Foreign Stock Record.
At no time shall ownership of shares representing more than the Maximum Percentage, as defined below, be registered in the Foreign Stock Record.
In no event shall Equity Securities registered on the Foreign Stock Record representing more than the Voting Cap Amount be voted.
Except as permitted by the immediately succeeding sentence of this Section 4.32, no Foreign Stock Holding Company owns or leases, directly or indirectly, any real, personal, intangible or tangible property of any nature, other than the Stock of its Foreign Subsidiaries and other Foreign Stock Holding Companies and ownership or leases of immaterial assets as incidental to maintaining its operations, including, without limitation, as to branch offices.
A Non-Citizen, may request, in writing to the Secretary of the Corporation, that the Corporation register ownership of shares held by such Non-Citizen on the Foreign Stock Record and the Corporation shall comply with such request, subject to the limitations set forth in Section 3.