Beneficial Shareholders definition

Beneficial Shareholders means shareholders who do not hold Shares in their own name and “intermediaries” refers to brokers, investment firms, clearing houses and similar entities that own securities on behalf of Beneficial Shareholders.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Beneficial Shareholders means holders of our Shares that do not hold our Shares in their own name, but instead, whose Shares are held on the Record Date by a bank, trust company, securities broker or other nominee.

Beneficial Shareholders means Shareholders who do not hold their Common Shares in their own name but through brokers or other intermediaries

Examples of Beneficial Shareholders in a sentence

The Beneficial Shareholders will be entitled to receive fractions of book-entry interests, from the Nominee Company, according to the system acceptable by TASE.
Collect counts from the record shareholders who are themselves financial intermediaries with clients who are Fund shareholders of beneficial interest (the “Beneficial Shareholders”) and assist such financial intermediaries to provide an adequate number of Prospectuses, shareholder reports and all other communications to Beneficial Shareholders required to be sent by applicable law, including the 1940 Act and the rules and regulations thereunder.
The Company, the Investor, the Beneficial Shareholders and the Entrepreneur are referred to, collectively herein as the “Parties” and separately as a “Party”.
The Nominee Company holds the shares for all Beneficial Shareholders.
The representations and warranties made by the Other Shareholders and the Beneficial Shareholders in Article 2 of this Agreement shall be true and correct in all material respects on and as of the Closing Date (or, if made as of a specific date, at and as of such date) with the same effect as though such representations and warranties had originally been made as of the Closing.

More Definitions of Beneficial Shareholders

Beneficial Shareholders means beneficial holders of Common Shares who hold their shares through an intermediary such as a financial institution, broker or nominee;

Beneficial Shareholders means shareholders who do not hold Common Shares in their own name.

Beneficial Shareholders means any person who, directly or indirectly has or shares voting power of such security or investment power, which includes the power to dispose, or to direct the disposition of, such security.

Beneficial Shareholders means persons who do not hold their Shares in their own name; “Broadridge” means Broadridge Financial Solutions, Inc.;

Beneficial Shareholders means Shareholders who do not hold Shares in their own name but rather through a broker, financial institution, trustee, nominee or other intermediary.

Beneficial Shareholders means a non-registered, beneficial holder of Shares whose Shares are held through an Intermediary.

Beneficial Shareholders means the Shareholders (including all Dissenting Shareholders) and beneficial holders of Common Shares;