Examples of Income Record Date in a sentence
Where the term of a Loan extends over an Income Record Date in respect of any Loaned Securities, Borrower is required, on the date such Income is paid, to pay or deliver to Lender a sum of money or property equivalent to (and in the same currency as) the type and amount of such Income that would be received by Lender in respect of such Loaned Securities assuming such Securities were not loaned to Borrower and were retained by Lender on the Income Record Date.
Helpful Contact Information If you have questions, or if you observe a violation, you can request information or submit a complaint through the Citizen Service Center.
The planner also offers a specific section for daily or weekly parent/teacher correspondence.
Notwithstanding clause 6.2 of the Agreement, where the term of a Loan extends over an Income Record Date in respect of any Loaned Securities, the Borrower shall immediately prior to any Income Record Date terminate the relevant Loan in terms of clause 8 of the Agreement and deliver Equivalent Securities to the Lender.
If the Borrower fails to deliver Equivalent Securities to the Lender by the Income Record Date, clause 15.4 below shall apply to such Income, and in addition to the payments set out in clause 15.4 below, the Borrower shall pay to the Lender an amount as compensation for any taxes to which the Income or amounts payable in lieu of the Income in respect of the Loaned Securities, may become subject in an individual’s hands at the highest marginal income tax rate.
The CDC now claims that the evidence at the hearing changed its mind.