Indirect Holder definition

Indirect Holder means, with respect to any Note represented by a Global Certificate, any Person (other than the Holder) that owns a beneficial interest in such Note through a bank, broker or other financial institution that (a) participates in the book-entry system of DTC, Clearstream Banking, société anonyme, Euroclear Bank S.A./N.V., SIX SIS Ltd and/or any other clearing system (each, a "Relevant Clearing System"), or (b) holds an interest in such Note through a participant in the book-entry system of DTC and/or any other Relevant Clearing System. No Indirect Holder will have any rights, or be owed any obligations by the Issuer, under the Notes.
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Indirect Holder means, with respect to any Note represented by a Global Certificate, any person (other than the Holder) that owns a beneficial interest in such Note through a bank, broker or other financial institution that (a) participates in the book-entry system of DTC, Euroclear, Clearstream, Luxembourg and/or any Alternative Clearing System or (b) holds an interest in such Note through a participant in the book-entry system of DTC, Euroclear, Clearstream, Luxembourg and/or any Alternative Clearing System. Subject to the enforcement rights described in Condition 1(b)(i), no Indirect Holder shall have any rights, or be owed any obligations, under the Notes;
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Indirect Holder. ’ means, with respect to any Note represented by a Global Certificate, any person (other than the Holder) that owns a beneficial interest in such Note through a bank, broker or other financial institution that (a) participates in the book entry system of DTC, Euroclear, Clearstream, Luxembourg and/or any clearing system (each, a ‘‘Relevant Clearing System’’), or (b) holds an interest in such Note through a participant in the book entry system of any Relevant Clearing System. Other than as described in Condition 2(d)(ii), no Indirect Holder shall have any rights, or be owed any obligations, under the Notes;
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Examples of Indirect Holder in a sentence

  • Subject to the enforcement rights described in Condition 1(b)(i), no person (including any Indirect Holder) other than the Holder(s) shall have any rights, or be owed any obligations by the Issuer, under the Notes.

  • Subject to applicable law, each Holder and Indirect Holder, by acceptance of any direct or beneficial interest in a Note, agrees that it will not, and waives its right to, exercise, claim or plead any right of set-off, compensation or retention with respect to any amount owed to it by the Issuer in respect of, or arising in connection with, the Notes.

  • No Person (including any Indirect Holder) other than the Holder(s) will have any rights, or be owed any obligations by the Issuer, under the Notes.

  • Only the Notes represented by such Global Certificate for which the Holder received an instruction by the relevant Indirect Holder to take part at a meeting of Holders will be deemed to be present or represented at such meeting.

  • The Holder of a Global Certificate shall (i) obtain instructions from the relevant Indirect Holders in respect of any meeting of Holders, (ii) vote at such meeting in respect of each Note represented by such Global Certificate in accordance with the instructions received from the relevant Indirect Holder and (iii) abstain from representing any Note represented by such Global Certificate at a meeting of Holders for which it has not received an instruction from the relevant Indirect Holder.

  • The form of Regulation S Global Certificate and the form of Rule 144A Global Certificate are set out in the Fiscal Agency Agreement, which will be made available by the Registrar to any Holder or Indirect Holder upon written request.

  • All transfers of Notes and entries on the Register will be made subject to the provisions concerning transfers of Notes set forth in the Fiscal Agency Agreement, which will be made available by the Registrar to any Holder or Indirect Holder upon written request.

  • Each Holder and Indirect Holder, by acceptance of any direct or beneficial interest in a Note, acknowledges, agrees to be bound by and consents to the exercise of any Swiss Resolution Power with respect to UBS Group AG that results in the write-down and cancellation and/or conversion into equity of UBS Group AG of the entire, or a portion of the, principal amount of, and/or accrued interest on, the Notes, irrespective of whether such amounts have already become due and payable prior to such action.

  • The form of Definitive Certificate that will be issued in exchange for a beneficial interest in a Note represented by a Rule 144A Global Certificate and the form of Definitive Certificate that will be issued in exchange for a beneficial interest in a Note represented by a Regulation S Global Certificate are set out in the Fiscal Agency Agreement, which will be made available by the Registrar to any Holder or Indirect Holder upon written request.

  • Separate email addresses will be created for each position in the USA organization.


More Definitions of Indirect Holder

Indirect Holder means a holder of shares, holdings or other rights providing him with a share of the capital or the voting rights of a legal person, which is:1. a person for whose account another person (a direct holder) has acquired shares, holdings or other rights in a legal person;2. a person closely linked with a direct holder of shares, holdings or other rights in a legal person and that person's immediate family members; or3. a person who is an immediate family member of a direct holder;
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Indirect Holder means, with respect to any Note represented by a Global Note, any person (other than the Holder) that owns a beneficial interest in such Note through a bank, broker or other financial institution that (i) participates in the Depositary’s book-entry system or (ii) holds an interest in such Note through a participant in the Depositary’s book-entry system. No Indirect Holder shall have any rights, or be owed any obligations, under the Notes;
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Indirect Holder means a person who, on behalf of another person that is a direct holder, has benefited shares, voting rights or other rights conferring to their holder the right to participating in the management. A person shall be considered indirect holder if that person is related to a direct holder.
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Indirect Holder means any such beneficial owner of Management Holdco.
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Indirect Holder means, with respect to any Note represented by a Global Certificate, any Person (other than the Holder) that owns a beneficial interest in such Notes through a bank, broker or other
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Indirect Holder means, with respect to any Note represented by a Global Note, any person (other than the Holder) that owns a beneficial interest in such Note through a bank, broker or other financial institution that (i) participates in the Depositary's book-entry system or (ii) holds an interest in such Note through a participant in the Depositary's book-entry system. No Indirect Holder shall have any rights, or be owed any obligations, under the Notes.
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Related to Indirect Holder

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Contract Holder means the person to whom the Benefit Plan is issued. Any other person approved for coverage with the Contract Holder under this plan is a dependent. Under Group coverage, the Contract Holder is the Member who is eligible for coverage because of his or her affiliation with a Group.

  • Ticket Holder means any individual possessing, holding or using a Ticket, including (without limitation) the Ticket Purchaser or any person to whom the Ticket was issued or transferred;

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • Holder means a Person in whose name a Note is registered.

  • Controlling ownership interested means ownership of or entitlement to more than twenty five percent of shares or capital or profits of the Company;

  • Beneficial Owner and “Beneficial Ownership” shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • indirectly ’ means that, i f there is no heat source present in the room, heat can enter the room easily from a heated adjacent r oom ( e.g a dining r oom may not hav e a r adiator, but would receive heat from the heated living room through a large open archway).

  • Indirect means to act or attempt to accomplish an act through an interest in a business association, through one or more affiliates or intermediaries, or by any method other than a direct approach, including by any circuitous or oblique method.

  • Indirect Participant means a Person who holds a beneficial interest in a Global Note through a Participant.

  • directly or indirectly means the Participant acting either alone or jointly with or on behalf of or by means of or in concert with any other person, firm or company (whether as principal, partner, manager, employee, contractor, director, consultant, investor or similar capacity) or otherwise.

  • Indirect services means special education services provided by a special education teacher which include ongoing progress reviews; cooperative planning; consultation; demonstration teaching; modification and adaptation of the environment, curriculum, materials, or equipment; and direct contact with children with disabilities to monitor and observe.

  • Immediate owner means an entity, other than the offeror, that has direct control of the offeror. Indicators of control include, but are not limited to, one or more of the following: ownership or interlocking management, identity of interests among family members, shared facilities and equipment, and the common use of employees.