Regular Record Date for the Securities Sample Clauses

The 'Regular Record Date for the Securities' clause defines the specific date on which holders of the securities are officially recognized for purposes such as receiving interest payments, dividends, or other entitlements. In practice, this means that only those who are listed as holders on the record date will be eligible for these benefits, regardless of subsequent transfers of the securities. This clause ensures clarity and fairness in determining who is entitled to payments or rights associated with the securities, thereby preventing disputes over ownership at the time of distribution.