Sole Beneficial Owner definition

Sole Beneficial Owner means a person who is the beneficial owner of shares of Common Stock, who does not share beneficial ownership of such shares of Common Stock with any other person (other than pursuant to this Agreement or applicable community property laws) and who is the only person (other than pursuant to applicable community property laws) with a direct economic interest in such shares of Common Stock. The interest of a spouse or a domestic partner in a joint account, and an economic interest of the Company as pledgee, shall be disregarded for this purpose.
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Sole Beneficial Owner means a person who is the beneficial owner of Covered Shares, who does not share beneficial ownership of such Covered Shares with any other person (other than pursuant to this Agreement or applicable community property laws) and who is the only person (other than pursuant to applicable community property laws) with a direct economic interest in the Covered Shares. An economic interest of the Company as pledgee shall be disregarded for this purpose.
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Sole Beneficial Owner means a person who is the beneficial owner of Covered Shares, who does not share beneficial ownership of such Covered Shares with any other person (other than pursuant to these Articles of Association, the Non-Competition Agreement or applicable community property laws) and who is the only person (other than pursuant to applicable community property laws) with a direct economic interest in the Covered Shares. An economic interest of the Company (or of any other person with respect to which the Company has expressly agreed to in writing) as pledgee shall be disregarded for this purpose. A Covered Person that holds Covered Shares indirectly through a wholly-owned personal holding company shall be considered the “Sole Beneficial Owner” of such Covered Shares, provided that such personal holding company is a Covered Person hereunder. In respect of Covered Shares held a personal holding company or a trust structure, the share register shall refer both to the legal entity or trust, respectively, as the legal owner and record owner of the Covered Shares and the beneficial owner(s) of the legal entity or trust, respectively.
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Examples of Sole Beneficial Owner in a sentence

  • The word Masungudota was coined by the project to denote the masculine form of Masungukate.

  • The Initial Owner shall notify the Issuer and the Swap Counterparty immediately upon it ceasing to be the Sole Beneficial Owner.

  • The Issuer, the Swap Calculation Agent and the Swap Counterparty shall be entitled to assume that the Initial Owner is the Sole Beneficial Owner until such time as they are notified to the contrary by the Initial Owner.

  • To the best of the knowledge, information and belief of the Directors, having made all reasonable enquiries, the Sole Beneficial Owner and its ultimate beneficial owner(s) are third parties independent of Aptus and CVG and their respective connected persons (as defined in the GEM Listing Rules).

  • Aptus undertook to the Sole Beneficial Owner that when the Redemption Amount is Available for Redemption, it will be applied to redeem the Bond(s).

  • Aptus agreed in favour of the Sole Beneficial Owner that it would use its best efforts to convert the Redemption Amount into HK$ in freely disposable cleared funds in Hong Kong as soon as possible.

  • Aptus and CVG hereby announce that Aptus has executed a deed of waiver dated 19 October 2009 (“Deed of Waiver”) in favour of the Sole Beneficial Owner and the Bondholder after trading hours on the date of this announcement in relation to the further arrangements for the Redemption.

  • Aptus and CVG announce that Aptus and the Sole Beneficial Owner have entered into a deed of undertaking dated 16 November 2009 (the “November Deed”) after trading hours on the date of this announcement.

  • The Third Amendment Deed and the November Deed are to implement further arrangement between Aptus and the Sole Beneficial Owner in relation to the redemption of the Bond(s) taking into account the logistics and timing of the availability of the Redemption Amount.

  • Councilman Sante explained various scenarios for qualifying and situations where income changes.


More Definitions of Sole Beneficial Owner

Sole Beneficial Owner means a person who is the beneficial owner of Covered Shares, who does not share beneficial ownership of such Covered Shares with any other person (other than pursuant to this Agreement, the Non-Competition Agreement or applicable community property laws) and who is the only person (other than pursuant to applicable community property laws) with a direct economic interest in the Covered Shares. An economic interest of the Company (or of any other person with respect to which the Company has expressly agreed to in writing) as pledgee shall be disregarded for this purpose. A Covered Person that holds Covered Shares indirectly through a wholly-owned personal holding company shall be considered the “Sole Beneficial Owner” of such Covered Shares, provided that such personal holding company is a Covered Person hereunder.
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Sole Beneficial Owner means a person who is the beneficial owner of shares of Common Stock, who does not share beneficial ownership of such shares of Common Stock with any other person (other than pursuant to this Agreement or applicable community property laws) and who is the only person (other than pursuant to applicable community property laws) with a direct economic interest in such shares of Common Stock. The interest of a spouse or a domestic partner in a joint account, and an economic interest of APAM as pledgee, shall be disregarded for this purpose.
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Sole Beneficial Owner means, as at the date of determination, the beneficial owner of 100 per cent. of the interests in the Notes outstanding as at such date.
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Sole Beneficial Owner means a person who is the beneficial owner of shares of Common Stock, who does not share beneficial ownership of such shares of Common Stock with any other person (other than pursuant to this Agreement or applicable community property laws) and who is the only person (other than pursuant to applicable community property laws) with a direct economic interest in such shares of Common Stock. The interest of a spouse or a domestic partner in a joint account, and an economic interest of the Company as pledgee, shall be disregarded for this purpose. (dd) “Special Transfer Restrictions” shall have the meaning ascribed to such term in Section 2.1(b) hereof. (ee) “Specified Tax Rate” shall mean the rate determined from time to time by the Shareholders’ Committee (or any person authorized thereby), in its sole discretion, to be applicable to the calculation of Covered Shares. (ff) “Stock Incentive Plan” shall mean The Xxxxxxx Sachs Amended and Restated Stock Incentive Plan adopted by the Board of Directors of GS Inc. on January 16, 2003 and approved by the stockholders of GS Inc. on April 1, 2003, as amended or supplemented from time to time, and any predecessors or successors to such Plan.
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Sole Beneficial Owner means, as at the date of determination, the beneficial owner of all of the Notes on such date.
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Related to Sole Beneficial Owner

  • Beneficial Owner and “Beneficial Ownership” shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Beneficial Ownership Certification means a certification regarding beneficial ownership required by the Beneficial Ownership Regulation.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Beneficial Ownership shall have the meanings set forth in Rule 13d-3 promulgated under the Exchange Act (as defined below) as in effect on the date hereof.

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • Rule 144A Global Note has the meaning assigned to it in Section 2.1(d).

  • 144A Global Note means a Global Note substantially in the form of Exhibit A hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the Notes sold in reliance on Rule 144A.