Record Ownership definition

Record Ownership. A record of the name and address of the holder of such certificate, the number of shares represented thereby and the date of issue thereof shall be made on the corporation's books. The corporation shall be entitled to treat the holder of any share of stock as the holder in fact thereof, and accordingly shall not be bound to recognize any equitable or other claim to or interest in any share on the part of any other person, whether or not it shall have express or other notice thereof, except as required by law.
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Record Ownership means the shareholder of record, or the exact name of the shareholder on the account, i.e. “ABC Brokerage, Inc.” Beneficial ownership refers to the actual pecuniary, or financial, interest in the security, i.e. “Jane Doe Shareholder.”
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Examples of Record Ownership in a sentence

  • Record Ownership All records, reports, documents and other material delivered or transmitted to the Contractor by the State shall remain the property of the State.

  • Purchaser shall ensure that the EDL Shareholders and the Shareholders shall be the record owners of the Paravant stock paid to them at the Closing as of the issue date thereof (the "Record Ownership Date"), which shall be within five (5) days after the Closing Date, and that the Shareholders shall be entitled to enjoy the voting rights associated with such shares as of the Record Ownership Date.

  • Page Notice To Nominees Holding Record Ownership On Behalf of Others.

  • Record Ownership of Pledged Equity Securities..............................

  • Record Ownership All records, reports, documents and other material delivered or transmitted to Contractor by the State shall remain the property of the State.

  • Record Ownership......................................................

  • Record Ownership of Pledged Equity Securities.....................15 SECTION 7.

  • Record Ownership of Pledged Equity Securities.....................20 SECTION 7.

  • Transfer of Record Ownership..........................................

Related to Record Ownership

  • Record owner means the person or persons possessed of the most recent fee title or land contract vendee's interest in property as shown by the records of the county register of deeds.

  • Common ownership means that more than 50% of the voting control of each member of a combined group is directly or indirectly owned by a common owner or owners, either corporate or non-corporate, whether or not the owner or owners are members of the combined group. Whether voting control is indirectly owned shall be determined in accordance with section 318 of the federal Internal Revenue Code, 26 U.S.C. s.318.

  • Percentage Stock Ownership means the percentage Stock Ownership interest of any Person or group (as the context may require) for purposes of Section 382 of the Code as determined in accordance with the Treasury Regulation § 1.382-2T(g), (h), (j) and (k) or any successor provision.

  • Transfer of ownership Includes, but is not limited to, the conveyance of a Mortgaged Property, whether legal or equitable, voluntary or involuntary, by any of the following methods: