Examples of Old Mutual Board in a sentence
Notwithstanding the foregoing, nothing herein will require the Acquired Fund to dispose of any portfolio securities or other investments of the Acquired Fund, if, in the reasonable judgment of the Old Mutual Board or the Acquired Fund’s investment adviser or sub-adviser, such disposition would adversely affect the tax-free nature of the Reorganization for federal income tax purposes or would otherwise not be in the best interests of the Acquired Fund and its shareholders.
Notwithstanding the foregoing, nothing herein will require the Acquired Fund to dispose of any portfolio securities or other investments of the Acquired Fund, if, in the reasonable judgment of the Old Mutual Board or the Acquired Fund's investment adviser or sub-adviser, such disposition would adversely affect the tax-free nature of the Reorganization for federal income tax purposes or would otherwise not be in the best interests of the Acquired Fund and its shareholders.
As noted in the Finalisation Announcement, the Old Mutual Board has specifically resolved to distribute the Unbundled Nedbank Shares as a return of capital (paid out of "contributed tax capital").
The Company will inform Old Mutual plc that Executive’s employment has terminated, and any unvested shares granted under the Restricted Share Plan, the Share Reward Plan and any other plan under which shares may be granted to Executive (collectively, the “Plan”) will be released to Executive at the discretion of the Old Mutual Board following the Termination Date, subject to any terms of the Plan and subject to any statutory withholdings.
Notwithstanding the foregoing, nothing herein will require the Target Fund to dispose of any portfolio securities or other investments of the Target Fund, if, in the reasonable judgment of the Old Mutual Board or the Target Fund’s investment adviser or sub-adviser, such disposition would adversely affect the tax-free nature of the Reorganization for federal income tax purposes or would otherwise not be in the best interests of the Target Fund and its shareholders.
This annex must contain a complete inventory of all official and non-official vehicles at the duty station.
The Old Mutual Board has considered the Old Mutual Bula Tsela Transaction, and this Circular, and is of the unanimous opinion that the Old Mutual Bula Tsela Transaction is in the best interests of Old Mutual Shareholders, and recommends that Old Mutual Shareholders vote in favour of the Old Mutual Bula Tsela Transaction Resolutions.
The Old Mutual Board believes that the Transaction will create significant value for shareholders with a post-tax return on investment (Embedded Value basis) well above the Enlarged Group’s cost of capital.The Transaction is expected to be accretive to Embedded Value earnings per share in the year ending 31 December 2007.
Notwithstanding the foregoing, nothing herein will require the Acquired Fund to dispose of any portfolio securities or other investments of the Acquired Fund, if, in the reasonable judgment of the Old Mutual Board or the Acquired Fund's investment adviser or sub-adviser, such disposition would adversely affect the tax- free nature of the Reorganization for federal income tax purposes or would otherwise not be in the best interests of the Acquired Fund and its shareholders.
Notwithstanding the foregoing, nothing herein will require the Acquired Fund to dispose of any portfolio securities or other investments of the Acquired Fund, if, in the reasonable judgment of the Old Mutual Board or the Acquired Fund's investment adviser or sub- adviser, such disposition would adversely affect the tax-free nature of the Reorganization for federal income tax purposes or would otherwise not be in the best interests of the Acquired Fund and its shareholders.