Mandatory Corporate Action definition

Mandatory Corporate Action means a bonus issue of Securities, subdivision or consolidation of Securities which is undertaken by an issuer on a stand alone basis or which is inter-conditional with each other;
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Mandatory Corporate Action means a Corporate Action which is not discretionary and affects all securityholders. Examples of Mandatory Corporate Actions include cash dividends, capital repayments, share splits, bonus issues, capital reconstructions, and compulsory acquisitions of Securities.
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Mandatory Corporate Action means any Corporate Action with non-elective mandatory events; and
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Examples of Mandatory Corporate Action in a sentence

  • Certain types of Assets may at some point be subject to either a Voluntary Corporate Action or a Mandatory Corporate Action.

  • The Mandatory Corporate Action will therefore be completed in accordance with information provided and or the notified default option.

  • When measuring the two qubits indicated by the measurement symbol, only the gates in the orange area, i.e., the gates within the light cone, contribute, and the other gates can be ignored.‌ intermediate-scale quantum (NISQ) devices improve in qual- ity, they might very soon yield a potential speed-up compared with classical computers [26,27].

  • Mandatory Corporate Actions Where Stocktrade determines that a Mandatory Corporate Action has been raised there will be no opportunity for you, your Financial Adviser and/or your appointed Discretionary Investment Manager to choose whether to participate in it.

  • Mandatory Corporate Action A Corporate Action initiated by the managers of the investment that an investor does not have to elect to act on in order for the action to take effect.

  • However, we will send an email alert to your Financial Adviser to inform them once the Mandatory Corporate Action has completed.

  • Mandatory Corporate Actions Where the Embark Platform determines that a Mandatory Corporate Action has been raised there will be no opportunity for you, your Financial Adviser and/or your appointed Discretionary Investment Manager to choose whether to participate in it.

  • AIR CARRIER.—The term ‘‘air carrier’’ means a person, including a commercial enter- prise, that has been issued an air carrier oper- ating certificate under section 44705.

  • However, we will send an email alert to your Adviser or Agent to inform them once the Mandatory Corporate Action has completed.

  • In the event of a Mandatory Corporate Action, You may instruct Us of Your election for either International Securities or funds, and We will process Your instructions on a best endeavour basis.


More Definitions of Mandatory Corporate Action

Mandatory Corporate Action means a corporate action event which is not elective and affects all shareholders of relevant International Securities.
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Related to Mandatory Corporate Action

  • Corporate Action means any subscription right, bonus issue, stock repurchase plan, redemption, exchange, calls, redemptions, tender offer, recapitalization, reorganization, conversions, consolidation, subdivision, takeover offer or similar matter with respect to a Financial Asset in the Securities Account that requires discretionary action by the holder, but does not include proxy voting.

  • Corporate Actions means warrant and option exercises, conversions, exchanges and other capital reorganizations, calls, odd lot tenders/credits, bonus rights, subscription offers/rights, puts, maturities of securities, redemptions, mergers, tender or exchange offers, and rights exercises and expirations. Corporate Actions do not include class actions.

  • Subsidiary Corporation means any present or future “subsidiary corporation” of the Company, as defined in Section 424(f) of the Code.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Stockholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market (or any successor entity) from the stockholders of the Company with respect to issuance of all of the Warrants and the Warrant Shares upon the exercise thereof.

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Parent Stockholder Approval has the meaning set forth in Section 5.2.

  • Parent Board Recommendation has the meaning set forth in Section 5.12(a).