Treasury Stock Account definition

Treasury Stock Account means an Eligible Deposit Account established and maintained by the Trustee, in which previously issued and redeemed authorized shares of the Up-MACRO Holding Trust shall be held.
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Treasury Stock Account means the Claymore MACROshares Oil Up Tradeable Trust Treasury Stock Account, a trust account established by the Trustee in which previously issued and redeemed authorized shares of the Trust shall be held.
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Examples of Treasury Stock Account in a sentence

  • Each Certificate surrendered for registration or transfer shall be held by the Trust as treasury stock in the Treasury Stock Account.

  • Upon surrender for registration or transfer of any Certificate representing the Up-MACRO Tradeable Shares, the Trustee shall cause one or more new Certificates to be issued in the name of the designated transferee or transferees, using, first, any treasury stock it has on deposit in the Treasury Stock Account.

  • The new certificate(s) shall be held in the Corporation's Treasury Stock Account and placed in the Safety Deposit Box.

  • Owner reserves the right to retain Guest’s credit card and/or debit card details as presented at registration and charge or debit the credit/debit card such amounts as Owner shall in Owner’s sole discretion deem necessary to compensate or make good the cost or expenses incurred or suffered by Owner as a result of the aforesaid theft or damages.

  • However, none of such 3,000,000 shares of Class A Stock so reserved shall be issued pursuant to the Obligation to Exchange unless the Corporation shall fail to have acquired for its Treasury Stock Account the necessary number of shares of Class A Stock at prices the Board deems reasonable and proper.

  • All shares of Class B Stock now standing in or hereafter transferred or retransferred into the name of the Corporation and held in its Treasury Stock Account pursuant to the foregoing procedure shall be available for sale to and registry in the names of Key Persons upon resolution(s) of the Board.

  • All Certificates surrendered for registration of transfer or exchange or for payment shall be held by the Up-MACRO Holding Trust as treasury stock in the Treasury Stock Account.

  • The Board has the authority to issue the remaining shares of Class A Stock (including the shares of Class A Stock held in the Treasury Stock Account of the Corporation) at such times, in such amounts, to such persons, for such consideration and upon such terms and conditions as it may, from time to time, determine upon, subject only to the restrictions, limitations, conditions and requirements imposed by the Act, other applicable laws, and the Articles.

Related to Treasury Stock Account

  • Treasury Stock shall have the meaning set forth in Section 3.1.2.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Unit Account means a notional account opened and managed by Us for You, in which the Units are allocated following the receipt of the Premium from You and in which the Units are cancelled by Us for the purpose of paying the benefits or for recovering the applicable charges;

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Stock Fund means that portion of the Trust Fund consisting of Stock.

  • Company Stock Fund means a hypothetical investment fund pursuant to which Deferred Stock Units are credited with respect to a portion of an Award subject to an Election, and thereafter until (i) the date of distribution or (ii) the effective date of a Diversification Election, to the extent a Diversification Election applies to such Deferred Stock Units, as applicable. The portion of a Grantee’s Account deemed invested in the Company Stock Fund shall be treated as if such portion of the Account were invested in hypothetical shares of Common Stock or Special Common Stock otherwise deliverable as Shares upon the Vesting Date associated with Restricted Stock or Restricted Stock Units, and all dividends and other distributions paid with respect to Common Stock or Special Common Stock were held uninvested in cash and credited with interest at the Applicable Interest Rate as of the next succeeding December 31 (to the extent the Account continues to be deemed credited in the form of Deferred Stock Units through such December 31).

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Company Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.

  • Treasury Share means a Share held in the name of the Company as a treasury share in accordance with the Statute.

  • Company Class B Common Stock means the Class B common stock, par value $0.01 per share, of the Company.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Phantom Shares means an Award of the right to receive Shares issued at the end of a Restricted Period which is granted pursuant to Section 6(e) of the Plan.

  • DSU means a deferred share unit, which is a bookkeeping entry equivalent in value to a Share credited to a Participant’s Account in accordance with Article 4 hereof;

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.