Shareholder Draft definition

Shareholder Draft means a redemption draft in a form and substance approved by the Bank and issued by a Shareholder.
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Examples of Shareholder Draft in a sentence

  • With regard to any Fund that is not a closed-end Fund, the parties acknowledge that their respective obligations with regard to the redemption of shares in connection with the processing of shareholder redemption drafts issued by certain Funds are set forth in a Shareholder Draft Processing Agreement between the Fund and the Custodian, dated as of October 1, 2013 (as amended, restated, supplemented or otherwise modified).

  • In the event that any such Shareholder Draft is finally settled for by the Bank on the Fund's behalf, the Bank agrees to provide the Fund with such assistance as may be reasonably required in order to recover the amount paid on the Shareholder Draft.

  • In such instances, however, the Bank agrees that, if it identifies any such Shareholder Draft, it will make images of such Shareholder Drafts available to the Fund by 10 a.m. on the following Business Day.

  • Any such liability shall not exceed the amount of such Shareholder Draft.

  • In the event that the Bank detects an Exception Draft, the Bank will, by the close of business on the Business Day that the Shareholder Draft is presented for payment and identified as a Shareholder item, make an image of such Exception Draft available for review by the related Fund via an Electronic Service (if the Fund subscribes to such service).

  • The Bank shall not be obligated to pay any Shareholder Draft if the available balances in the Account or the Omnibus Account are not sufficient to cover such Shareholder Draft and the Bank shall have no duty or obligation to pay drafts in a manner that minimizes the number of Shareholder Drafts which are not paid.

  • Notwithstanding anything in this Agreement to the contrary, the Bank is authorized but not required to return any Shareholder Draft with a missing or apparently unauthorized signature to the presenting institution in accordance with prevailing industry practices.

  • Failure to notify the Bank that any Shareholder Draft other than a Shareholder Draft identified by the Bank as an Exception Draft constitutes a Return Draft by the times set forth in this Section shall be construed as the Fund's authorization to make final settlement for the Shareholder Draft on its behalf.

  • The Funds understand and acknowledge that the availability of a Shareholder Draft via an Electronic Service may be delayed or incomplete if the Bank does not receive in a timely manner all information it needs to process such Shareholder Draft.

Related to Shareholder Draft

  • Shareholder Loan means a loan which is granted by an AIF to an undertaking in which it holds directly or indirectly at least 5 % of the capital or voting rights, and which cannot be sold to third parties independently of the capital instruments held by the AIF in the same undertaking;

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Scheme Shareholders means the registered holders of Scheme Shares at the relevant time.

  • Shareholder Debt means any shareholder loan made to the Issuer as debtor, if such loan:

  • Company Shareholders means holders of Company Shares.

  • Company Shareholder Meeting means a duly convened meeting of the Company’s shareholders called to obtain the Company Shareholder Approval, or any valid adjournment or postponement thereof made in accordance with this Agreement.

  • Common Shareholders means the registered and/or beneficial holders of the Common Shares, as the context requires.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Shareholder Data means the transaction data with respect to Shareholders in a Fund requested by Company that a Financial Intermediary, for access and use by Company in the 22c-2 System, (i) delivers to BNYM by a Designated Method, or (ii) delivers to Company and is inputted into the Company Database by Company.

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • Shareholder Rights Plan means the amended and restated shareholder rights plan agreement dated as of November 10, 2015 between Parent and American Stock Transfer and Trust Company, LLC, as rights agent, as amended and restated as of April 18, 2016, as further amended, restated, succeeded or replaced from time to time, and any similar plan adopted from time to time;

  • Company Shareholder means a holder of Company Shares.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

  • Company Stockholder Meeting means the meeting of the holders of shares of Company Common Stock for the purpose of seeking the Company Stockholder Approval, including any postponement or adjournment thereof.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Stockholder Shares means all securities of the Company registered in the name of, or Beneficially Owned by the Stockholder Parties, including any and all securities of the Company acquired and held in such capacity subsequent to the date hereof.

  • Company Stockholders Meeting has the meaning set forth in Section 6.2(a).

  • Preferred Shareholder means any holder of Preferred Shares.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Shareholder Loans means any shareholder loan made to the Issuer as debtor, if such loan:

  • Shareholder Associated Person of any Shareholder means (i) any person controlling, directly or indirectly, or acting in concert with, such Shareholder, (ii) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such Shareholder, and (iii) any person controlling, controlled by or under common control with such Shareholder Associated Person.

  • Company Stockholders means the holders of shares of Company Capital Stock.

  • Parent Stockholders Meeting has the meaning set forth in Section 6.2(b).

  • Preferred Shareholders means the holders of Preferred Shares.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Ordinary Shareholder means a holder of ordinary shares;