nominee company definition

nominee company means a corporate body registered or having an established place of business in England and Wales which holds title to property for another;

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nominee company means a corporate body registered or having an established place of business in England and Wales;

nominee company means a company whose principal business is the business of holding marketable securities as a trustee or nominee;

Examples of nominee company in a sentence

• With respect to Magic shareholders registered in Magic’s shareholders’ register, Matrix shall issue to them Matrix shares through the Nominee Company (subject to the Nominee Company’s consent), against delivery of a Magic share certificate or a duly notarized affidavit confirming that they do not possess a Magic share certificate and undertaking to indemnify Matrix for any damage that may result therefrom, in the same manner as applied to other holders (“Consideration Shares of Registered Holders”).

• In this regard, Matrix shall deliver to Magic the following documents: (a) a copy, stamped “received,” of Matrix’s notice to the Nominee Company regarding the issuance of the Consideration Shares to Magic’s shareholders as set forth above, irrevocably instructing the Nominee Company to credit the Consideration Shares to the securities accounts as specified above; and (b) the Stock Exchange’s approval for listing the Consideration Shares for trading.

• Subject to applicable law, the notice convening the general meeting to be published by Magic for approval of this Agreement and the Merger Transaction shall also include a Transmittal Notice to be signed by Magic shareholders who do not hold their Magic shares through the Nominee Company.

• During the Interim Period, the parties shall enter into a trust agreement with the Trustee for the Certain Consideration Shares, pursuant to which, on the Closing Date, Matrix shall issue to the Trustee for the Certain Consideration Shares the Consideration Shares due to Magic shareholders who do not hold their Magic shares through the Nominee Company and for whom a Transmittal Notice containing stock exchange member account details has not been received (the “Certain Shareholders”).

More Definitions of nominee company

nominee company means the company in whose name the Dematerialised BEE Ordinary Shares are registered which holds such Shares for and on behalf of the Beneficial Owner;

nominee company means a company which is controlled by a broker or a bank, whose entire issued share capital is held for his or her or its own benefits by such broker or bank and whose operations are solely or mainly confined to functioning, on the instructions of such broker or bank, as a nominee in respect of marketable securities.

nominee company means the independent company approved by the FSCA that holds the assets in safe custody on behalf of Investors.

nominee company means a nominee company which has been approved by the registrar in terms of section 37(2)(a) of the Unit Trusts Control Act, 1981, and which -

nominee company means a body corporate controlled and operated by a Participant admitted under Rule 4.3.1 that carries on the business of holding Financial Products as a trustee or nominee.

nominee company means a body corporate registered with the New Zealand Companies Office (or equivalent overseas authority) whose business consists solely of acting as a nominee holder of investments or other property on behalf of other persons;

nominee company means a corporate body registered or having an