Anchor Capital definition

Anchor Capital means Anchor Capital Proprietary Limited (registration number 2009/002925/07), an authorised financial services provider (FSP 39834), a private company duly incorporated in accordance with the laws of South Africa on 5 October 2009, with its registered address at 25 Culross Rd, Sandton, 2191, South Africa, and a wholly owned subsidiary of Anchor Group Limited which is listed on the JSE; “beneficial owner” means a person on whose behalf any dematerialised share (not held in “own name” form) is held by a CSDP or stockbroker or a nominee of a CSDP or stockbroker in accordance with a custody agreement; “Board” or “directors” means the directors of Stellar Capital as at the Last Practicable Date, whose names are set out on page 23 of this Circular; “Book‑build” means the book‑build to be undertaken by the Company for purposes of the Preference Share Issue; “business day” means any day other than a Saturday, Sunday or official public holiday in South Africa; “Cadiz” means Cadiz Holdings Limited (registration number 1997/007258/06), a public company duly incorporated in accordance with the laws of South Africa, in which Stellar Capital owns a 17.31% interest (excluding treasury shares) as at the Last Practicable Date; “Cadiz Acquisition” means the proposed acquisition by Stellar Capital, acting through a special purpose vehicle, of a maximum additional 67 081 371 shares in Cadiz by way of a scheme of arrangement in terms of section 114(1) of the Companies Act, or failing which, by way of a general offer to all Cadiz shareholders, through the issue of 41 925 857 Stellar Capital shares at R2.00 per shares, such that Stellar Capital will indirectly hold 43.74% of the issued ordinary shares in Cadiz as detailed in the announcement released on SENS on 19 June 2015 and in a combined scheme circular posted on 31 August 2015; “Capital Raise” means the proposed R1 000 000 000 capital raise by the Company through the Preference Share Issue and the Rights Issue; “cents” means South African cents, in the official currency of South Africa; “certificated shares” means shares that have not been dematerialised, the title to which is evidenced by a Document of Title; “certificated shareholders” means shareholders who hold certificated shares; “CIPC” means the Companies and Intellectual Property Commission, established in terms of section 185 of the Companies Act, or its successor body; “Circular” means all the documents contained in this bound document dated 22 October 2015, toge...
View Source

Examples of Anchor Capital in a sentence

  • All use of the name “Anchor Capital Management Group, Inc.” (or any derivative thereof or logo) shall inure to the benefit of its owner, Anchor Capital Management Group, Inc.

  • Under separate Distribution Agreements, Sanlam Investment Management (Pty) Limited, P-Solve Investments Limited, Bridge Fund Managers (Pty) Limited, Anchor Capital (Pty) Limited, Sanlam FOUR Investments UK Limited, High Street Asset Management (Pty) Limited, Sanlam Global Investment Solutions Ltd, Absa Asset Management (Pty) Limited and Autus Fund Managers (Pty) Limited have been appointed to market and distribute Shares of Funds as stated in the Supplement for the relevant Fund.

  • Anchor Capital Pty (Limited) is a company incorporated under the laws of South Africa, and has its registered office at ▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇.

  • As of October 15, 2010 or as soon as practicable thereafter, you also resign from any and all other positions that you hold with the Company or any affiliate, including without limitation your positions on the Boards of Directors of Coldstream Capital Management Inc., Anchor Capital Advisors, LLC and Charter Private Bank (together, the “Affiliate Board Positions”).

Related to Anchor Capital

  • Junior Capital and “Refinancing Indebtedness” and Subsection 8.8(b) to amend the maturity date and the weighted average life to maturity requirements, from the Initial Term Loan Maturity Date and remaining weighted average life to maturity of the Initial Term Loans to the extended maturity date and the remaining weighted average life to maturity of such Extended Term Tranche, as applicable and (iii) clause (iii) of the definition of “Additional Obligations” to provide for the applicable mandatory prepayment protections to apply to such Extended Term Tranche, and which, in each case, except to the extent expressly contemplated by the third to last sentence of this Subsection 2.10(c) and notwithstanding anything to the contrary set forth in Subsection 11.1, shall not require the consent of any Lender other than the Extending Lenders with respect to the Extended Term Tranches established thereby) executed by the Loan Parties, the Administrative Agent, and the Extending Lenders. No Extension Amendment shall provide for any Extended Term Tranche in an aggregate principal amount that is less than $5,000,000 (or such lower principal amount as agreed to by the Administrative Agent in its reasonable discretion). Notwithstanding anything to the contrary in this Agreement and without limiting the generality or applicability of Subsection 11.1 to any Subsection 2.10 Additional Amendments, any Extension Amendment may provide for additional terms and/or additional amendments other than those referred to or contemplated above (any such additional amendment, a “Subsection 2.10 Additional Amendment”) to this Agreement and the other Loan Documents; provided that such Subsection 2.10 Additional Amendments do not become effective prior to the time that such Subsection 2.10 Additional Amendments have been consented to (including pursuant to consents applicable to holders of any Extended Term Tranches provided for in any Extension Amendment) by such of the Lenders, Loan Parties and other parties (if any) as may be required in order for such Subsection 2.10 Additional Amendments to become effective in accordance with Subsection 11.1; provided, further, that no Extension Amendment may provide for any Extended Term Tranche to be secured by any Collateral or other assets of any Loan Party that does not also secure the Specified Existing Term Tranche. It is understood and agreed that each Lender has consented for all purposes requiring its consent, and shall at the effective time thereof be deemed to consent to each amendment to this Agreement and the other Loan Documents authorized by this Subsection 2.10 and the arrangements described above in connection therewith except that the foregoing shall not constitute a consent on behalf of any Lender to the terms of any Subsection 2.10

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • Charter Capital means the amount of capital contributed by all Shareholders and mentioned in Article 5 of this Charter.

  • New capital investment means 1 or more of the following:

  • PIPE Investment has the meaning specified in the Recitals hereto.