Subject corporation definition
Examples of Subject corporation in a sentence
Any cash that the Subject Corporation distributes to the Trust in lieu of fractional Spin-Off Securities that otherwise would have been distributed to the Trust in the Spin-Off will be distributed to holders of Dividend Certificates and Asset Certificates, allocated between the Dividend Certificates and the Asset Certificates based on the VWAP Fractions, in cash or Stablecoins, as applicable, as a Cash Distribution.
Distributions to the holders of Dividend Certificates will occur within five (5) business days of receipt from the Subject Corporation of distributions, dividends, or other assets that are to be distributed to the applicable Dividend Certificate holders.
A Registered Owner as of the Record Date may only vote with respect to an Underlying Share Proposal that would effectively end the corporate life of Subject Corporation pursuant to a Transaction for Cash Consideration if, and to the extent that, such Registered Owner is an Eligible Trust Unit Holder and only with respect to its whole Trust Units.
Any cash that the Subject Corporation distributes to the Trust in lieu of fractional Underlying Shares that otherwise would have been distributed to the Trust in the Stock Dividend will be distributed to holders of Dividend Certificates as a Cash Distribution.
Any cash that the Subject Corporation distributes to the Trust in lieu of fractional Property that otherwise would have been distributed to the Trust in the Other Dividend will be distributed to holders of Dividend Certificates in cash or Stablecoins, as applicable, as a Cash Distribution.