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.

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

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

  • Share draft Safekeeping is automatic on Your Account and, unless You specifically request otherwise and agree to pay any associated fees, Your cancelled share drafts will not be returned to You.

  • Share draft accounts may be withdraw- able upon demand, or the credit union may reserve the right to require at least seven days’ notice prior to an intended withdrawal.

  • Share draft and ETA Accounts are subdivided into two subaccounts: a transaction subaccount and a savings subaccount.

  • Share draft accounts are the credit union equivalent of bank checking accounts.

  • Report in a way that does not identify individuals, wherever possible.! Share draft summary report with REC Chair and/or senior REC Administrator for comments and feedback.! Incorporate feedback, finalize summary report and complete signature page.

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

  • Share draft (checking) accounts are available to Credit Union members who are at least 18 years old.


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 acredit 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.

  • Company Share Plans means, collectively, (i) the 2018 Share Incentive Plan of the Company, which replaced the Company’s 2010 Share Incentive Plan in its entirety, and (ii) the Post-IPO Share Incentive Plan of the Company.

  • 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.

  • Authorized Share Approval means approval of the Amendment by the shareholders of the Company.

  • 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”):

  • Converted Shares means the Subject Equity Shares resulting from the conversion of Limited Voting Shares into the Subject Equity Shares pursuant to subparagraph (ii);

  • 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).

  • Equity Award Exchange Ratio means the sum, rounded to the four decimal places, equal to (i) the Exchange Ratio, plus (ii) the quotient of (A) the Cash Consideration, divided by (B) the Parent ADS Price.

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

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

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

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • 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).

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

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

  • Per Share Stock Consideration has the meaning set forth in Section 3.01(a)(i).

  • Company Option Plans means the Company 1994 Incentive Stock Plan, the Company 1995 Outside Director’s Stock Option Plan and the Company 2004 Incentive Stock Plan.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • shares of Common Stock means (i) the class of stock designated as the Common Stock of the Company at the date of this Agreement, or (ii) any other class of stock resulting from successive changes or reclassifications of such shares consisting solely of changes in par value, or from par value to no par value, or from no par value to par value. In the event that at any time, as a result of an adjustment made pursuant to paragraph (a) above, the Warrant Holders shall become entitled to purchase any securities of the Company other than shares of Common Stock, thereafter the number of such other securities so purchasable upon exercise of each Warrant and the Exercise Price of such securities shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares contained in paragraphs (a) through (i), inclusive, above, and the provisions of Section 7 and Section 12.2 through 12.5, inclusive, with respect to the Warrant Shares, shall apply on like terms to any such other securities.

  • Common Share Equivalent shall have the meaning ascribed to it in Section 11(a)(iii) hereof.