Share deposit definition
Share deposit means a balance that is established and maintained by a person at a credit union that confers membership rights to that person.
Share deposit means that number of BioMarin Shares with an aggregate value, as of the Effective Date, of $25 million, as measured by the average closing sales price per BioMarin Share over the twenty trading days ending May 12, 2004.
Share deposit shall have the meaning ascribed to such term in Section 2.7(a) hereof.
Examples of Share deposit in a sentence
An individual membership is owned (representing by one $5.00 Share deposit) by one member (individual or other organization) qualified for Credit Union membership.
A joint membership is owned by two or more persons (each represented by a $5.00 Share deposit).
Upon receipt by the Custodian of a Share deposit pursuant to Section 2.1 (Deposits of Shares), and confirmation by the Custodian and/or the Depositary of receipt of the other documents required as specified above, the Custodian shall notify the Depositary of such deposit and the Person or Persons to whom or upon whose written order Canadian Depositary Receipts are deliverable in respect thereof.
More Definitions of Share deposit
Share deposit means a balance that is established and maintained by a person at a credit union that confers
Share deposit has the meaning attributed to it in Clause Twelve, Subsection (e), Number 3(C).