Beneficial Ownership Interest definition

Beneficial Ownership Interest means any direct or indirect interest in the name of the MIMAK employee as well as any direct or indirect interest in the name of the MIMAK employee’s spouse, child, all persons residing with or financially dependent upon the MIMAK employee, any person to whom the MIMAK employee contributes material financial support and any account over which the MIMAK employee exercises control.
Beneficial Ownership Interest means the beneficial right to receive payments and notices with respect to the Bonds which are held by the Depository under a book entry system.
Beneficial Ownership Interest means the right to receive payments and notices with respect to Bonds which are held by the Securities Depository under a Book-Entry System and for which the Securities Depository does not act on behalf of the Beneficial Owner in connection with the optional or mandatory tender of Bonds on a Tender Date.

Examples of Beneficial Ownership Interest in a sentence

  • When an Access Person begins employment with Calamos or becomes an Unaffiliated Trustee, such person must within 10 days disclose on an Initial Securities Holdings Form all investment or brokerage accounts and Covered Securities in which he or she has a Beneficial Ownership Interest, if any.

  • Each Access Persons and Unaffiliated Trustees shall report all personal transactions in Covered Securities in which he or she has a Beneficial Ownership Interest, including transactions in shares of all mutual funds and closed-end funds, during a quarter to the Compliance Department no later than 30 days after the end of the calendar quarter.

  • Each Access Persons is required to direct brokers, dealers or banks to supply to the Compliance Department, on a timely basis, duplicate copies of all confirmations of personal securities transactions and copies of periodic statements for all securities accounts in which he or she has a Beneficial Ownership Interest.

  • You must report to the CCO, or his designee, on an annual basis, holdings of all Securities and Futures Contracts in which you have a Beneficial Ownership Interest.

  • No Access Person shall acquire a Beneficial Ownership Interest in any security in a private placement without the express written prior approval of the President or Senior Executive Vice President of Calamos.


More Definitions of Beneficial Ownership Interest

Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.
Beneficial Ownership Interest means any direct or indirect interest in the name of the MCIM and/or MGU employee as well as any direct or indirect interest in the name of the MCIM and/or MGU employee’s spouse, child, all persons residing with or financially dependent upon the MCIM and/or MGU employee, any person to whom the MCIM and/or MGU employee contributes material financial support and any account over which the MCIM and/or MGU employee exercises control.
Beneficial Ownership Interest means a beneficial interest as such term is used in Section 3801(a) and (b) of the Trust Statute.
Beneficial Ownership Interest means being in a position to receive benefits comparable to ownership benefits (through a family relationship, understanding, agreement or by other arrangements), or having the ability to gain ownership, immediately or at some future time.
Beneficial Ownership Interest means the beneficial right to receive payments and notices with respect to a Series of Bonds which are held by a Depository under a Book Entry System.
Beneficial Ownership Interest means a direct or indirect "pecuniary interest" (as defined in subparagraph (a)(2) of Rule 16a-1 under the Securities Exchange Act of 1934) ("1934 Act") that is held or shared by a person directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise, in a security. The term "pecuniary interest," as it is defined under the 1934 Act, is generally understood to mean having the opportunity to share, directly or indirectly, in any profit or loss on a transaction in securities, including but not limited to all joint accounts, partnerships and trusts. An Access Person is presumed to have Beneficial Ownership of any Immediate Family member's account. COVERED SECURITY is defined as a security as defined in section 2(a)(36) of the Investment Company Act of 1940 ("1940 Act"), except that it does not include direct obligations of the United States government, bankers' acceptances, bank certificates of deposit, commercial paper, high quality short-term debt instruments, repurchase agreements, or shares issued by open-end funds other than funds managed by MAM ("MAM Funds").
Beneficial Ownership Interest means the beneficial right to receive payments and notices with respect to the Series 2017A Bonds which are held by the Depository under a book-entry system.