Absolute Owner definition

Absolute Owner. ’ means the Government of the Republic of Zambia, through the Ministry responsible for managing government transport at that particular time or Public Service Micro Finance Company, depending on the type of asset financed, who shall be the first owner;
Absolute Owner. ’ means the Government of the Republic of Zambia, through the Ministry of Works and Supply, who shall be the first owner to which the credit provider is acting on behalf
Absolute Owner means the owner or person capable of disposing by appointment or otherwise of the fee simple or whole interest in a holding, although the land or the person’s interest in the land is mortgaged or encumbered or charged;

Examples of Absolute Owner in a sentence

  • Participants and Indirect Participants Shall Have No Rights Under This Indenture With Respect to Any Global Note Held On Their Behalf by the Depositary or by the Trustee as the Custodian for the Depositary or Under Such Global Note, and the Depositary Shall be Treated by the Company, the Trustee and Any Agent of the Company or the Trustee as the Absolute Owner of Such Global Note for All Purposes Whatsoever.

  • Entitlement to treat Noteholder as Absolute Owner....................


More Definitions of Absolute Owner

Absolute Owner means the owner or person capable of disposing by appointment or otherw'i.se of the fee simple or whole interest in land although the land or his interest therein be charged or encumbered.
Absolute Owner means the owner or jx'rson capable of disposinj?

Related to Absolute Owner

  • Note Owner means, with respect to a Book-Entry Note, the Person who is the beneficial owner of such Book-Entry Note, as reflected on the books of the Clearing Agency or a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

  • Verified Note Owner means a Note Owner that has provided the Indenture Trustee or the Servicer, as applicable, with each of (i) a written certification that it is a beneficial owner of a specified principal amount of Outstanding Notes and (ii) a trade confirmation, an account statement, a letter from a broker or dealer or other similar document showing that such Note Owner is a beneficial owner of such principal amount of Outstanding Notes.

  • Immediate owner means an entity, other than the offeror, that has direct control of the offeror. Indicators of control include, but are not limited to, one or more of the following: Ownership or interlocking management, identity of interests among family members, shared facilities and equipment, and the common use of employees.

  • Clearing Member means a registered broker-dealer which is a clearing member under the rules of O.C.C. and a member of a national securities exchange qualified to act as a custodian for an investment company, or any broker-dealer reasonably believed by the Custodian to be such a clearing member.

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