Share draft definition

Share draft means a negotiable draft which is payable through a bank and is used to withdraw shares from a share draft account. (7-1-93)
Share draft means a negotiable draft which is payable upon demand and is used to withdraw funds from a share draft account.
Share draft means a negotiable or nonnegotiable draft used to withdraw shares or deposits from a share draft account.

Examples of Share draft in a sentence

  • Share draft safekeeping is automatic on Your Account and Your cancelled share drafts will not be returned to You.


More Definitions of Share draft

Share draft means a negotiable or non-negotiable draft used to withdraw shares from a share draft account.
Share draft means a draft used by credit union members to withdraw funds from a credit union for payment to nonmembers.

Related to Share draft

  • Approved Share Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which Ordinary Shares and standard options to purchase Ordinary Shares may be issued to any employee, officer, director or advisers for services provided to the Company in their capacity as such.

  • Letter of Award (LOA) means the written official intimation by OMC notifying the Selected Bidder that the work has been awarded in its favour as per the terms and conditions mentioned therein;

  • Letter of Award means the official notice issued by the UGVCL notifying the contractor that his bid has been accepted.

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Share Delivery Date shall have the meaning set forth in Section 4(c)(ii).

  • Additional Shares of Common Stock means all shares of Common Stock issued (or, pursuant to Subsection 4.4.3 below, deemed to be issued) by the Corporation after the Series B Original Issue Date, other than (1) the following shares of Common Stock and (2) shares of Common Stock deemed issued pursuant to the following Options and Convertible Securities (clauses (1) and (2), collectively, “Exempted Securities”):

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Equity Award means stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares or any other form of award that is measured with reference to the Stock.

  • Common Shares means the common shares in the capital of the Company;

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Scheme Shares means the Target Shares which are subject to the Scheme in accordance with its terms.

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Common Share means one share of the common stock of the Company.