Mandatory Corporate Actions definition

Mandatory Corporate Actions means those Corporate Actions for which the effect on the shareholders or entitlement holders may not be modified by the Customer, including but not limited to, cash dividends, stock dividends, mergers, name changes, mandatory calls, and other mandatory corporate reorganizations. Revised – 10/11/12
Sample 1

Examples of Mandatory Corporate Actions in a sentence

  • Details of both Voluntary Corporate Actions and Mandatory Corporate Actions will be recorded and available to view online in your Account transaction history.

  • 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.

  • In those scenarios, Nominee will take no further action in respect of that Voluntary Corporate Action or Mandatory Corporate Actions With Choice and you expressly disclaim liability in relation to such inaction by the Nominee or Openmarkets.

  • CSTC shall report the results of all calls, puts and other events that do not require the exercise of discretion ("Mandatory Corporate Actions") on Custody Account statements and by an advice sent to the party(ies) designated in the Custody Account Application.

  • In any event, CSTC shall not be under any duty to notify the Authorized Person of Mandatory Corporate Actions prior to their execution.

  • 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.

  • Also, they will meet with preschool parents to advise them on early childhood engagement strategies.

  • Mandatory Corporate Actions include, but are not limited to cash dividends, capital repayments, stock splits, bonus issues, capital reconstructions and mergers.

  • During 2019 the focus was to implement smart energy saving solutions in the building as a whole which meant that the lights turned on quickly when someone entered instead of running until midnight.

  • Mandatory Corporate Actions other than those listed in ‘1.2.a’ and ‘1.2.b’ above will post to Accounts with a Posting Date on or prior to the next Business Day following the Clearing System ‘swing date’.

Related to Mandatory Corporate Actions

  • 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.

  • Affirmative Action Plan means the Affirmative Action Plan for school and classroom practices adopted by the Board.

  • 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;

  • Canadian Defined Benefit Plan means a Canadian Pension Plan, which contains a “defined benefit provision,” as defined in subsection 147.1(1) of the ITA.

  • 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.

  • State active duty means duty performed by a Montana National Guard member when a disaster is declared by the proper State authority and shall include the time period as certified by a licensed physician to recover from an Illness or Injury incurred while performing the state active duty.

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • 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.

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

  • Requisite Stockholder Approval has the meaning set forth in Section 3.2.

  • Corrective Action Plan has the meaning set forth in Section II.A.2.

  • Parent ERISA Affiliate means any corporation or trade or business (whether or not incorporated) which is (or at any relevant time was) treated with Parent or any of its Subsidiaries as a single employer within the meaning of Section 414 of the Code.

  • Requisite Shareholder Approval means the affirmative vote of a majority of the outstanding shares of the Company’s Voting Stock (voting together as a single class) and the affirmative vote of a majority of the outstanding shares of Common Stock (voting separately as a single class), in each case approving the amendment of the Company’s amended and restated articles of incorporation to increase the number of authorized shares of Common Stock to 150,000,000 shares.

  • Parent Shareholder Approval means the affirmative vote of the holders of a majority of the votes cast by holders of outstanding shares of Parent Stock on the proposal to approve the issuance of Parent Stock as provided in this Agreement at the Parent Special Meeting.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Benefit Plans shall have the meaning set forth in Section 3.13(a).

  • Authorized Share Approval means approval of the Amendment by the shareholders of the Company.

  • Canadian Benefit Plans means all material employee benefit plans of any nature or kind whatsoever that are not Canadian Pension Plans and are maintained or contributed to by any Credit Party having employees in Canada.

  • Extraordinary Corporate Event means as to the Liquidity Provider, (i) the consolidation, amalgamation with, or merger with or into or the transfer of all or substantially all of the Liquidity Provider's assets to another entity, or (ii) the dissolution, for any reason, of the Liquidity Provider other than in connection with the consolidation, amalgamation with, or merger with or into another entity or the transfer of all or substantially all of the Liquidity Provider's assets; provided, however, that with respect to (i) above, an Extraordinary Corporate Event does not include any of the listed occurrences where (x) the surviving entity, or transferee of all or substantially all of the Liquidity Provider's assets, (a) assumes all of the obligations of the Liquidity Provider under the terms of the VRDP Shares Purchase Agreement and (b) has (i) short-term debt ratings in one of the two highest ratings categories from the Requisite NRSROs or (ii) such other short-term debt ratings, if any, as may be required for the VRDP Shares to satisfy the eligibility criteria under Rule 2a-7 under the 1940 Act and (y) the Liquidity Provider has provided notice in writing to the Corporation confirming the information described in (x) at least ten (10) days prior to the scheduled date of the applicable listed occurrence in (i) above.

  • Company ERISA Affiliate means all employers (whether or not incorporated) that would be treated together with the Company or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

  • Company Board Recommendation has the meaning set forth in Section 3.03(d).

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Purchaser Benefit Plans has the meaning set forth in Section 8.7(d).