Demutualisation Schemes definition

Demutualisation Schemes means the SMA Demutualisation Scheme and the SPL Demutualisation Scheme;

Examples of Demutualisation Schemes in a sentence

  • The Corporatisation and Demutualisation Schemes of 19 stock exchanges (other than NSE, OTCEI, Mangalore Stock Exchange and Coimbatore Stock exchange) have been notified by SEBI and are at various stages of implementation.

  • NIB Holdings Deed Poll means the deed poll dated 31 May 2007 entered into by NIB Holdings in favour of NIB Health Funds, the Company Members and the Eligible Policyholders with respect to the Demutualisation Schemes.

  • During the year 2007, SEBI approved and notified the corporatisation and Demutualisation Schemes of 19 stock exchanges, under Section 4B(8) of the Securities Contracts (Regulation) Act, 1956.

  • Demutualisation Schemes means the Eligible Policyholders’ Scheme and the Company Members’ Scheme.

  • During the year 2007, SEBI approvedand notified the corporatisation and Demutualisation Schemes of 19 stock exchanges, under Section 4B(8) of the Securities Contracts (Regulation) Act, 1956.

  • Second Court Date means the date on which NIB Health Funds will approach the Court following the Demutualisation Meetings to seek approval of the Demutualisation Schemes.

  • Each Party agrees to give all undertakings to the Court in all Court proceedings which it is reasonably required to give (on an individual basis) to obtain Court approval and confirmation of the Demutualisation Schemes as contemplated by this deed.

  • Each party will respectively use their best endeavours to obtain all approvals, consents, modifications, waivers or decisions from regulatory authorities (including ASIC and ASX) as may be necessary or desirable for any step required of each Party under this deed including obtaining all approvals, consents, modifications, waivers or decisions necessary to give effect to the Demutualisation Schemes, the Conversion and the Capital Reduction.

  • Each Party must do all things necessary to implement the Demutualisation Schemes as soon as reasonably practicable, upon and subject to the terms of this deed.

  • Explanatory Statement means the booklet of materials to be sent to Eligible Policyholders and Company Members in relation to the Demutualisation Schemes which accompanies the notices convening the Eligible Policyholders’ Scheme Meeting, the Company Members’ Scheme Meeting and the Company Members’ General Meeting.Final NIB Holdings Constitution means the proposed constitution of NIB Holdings applicable after Listing, in the form, or substantially in the form, set out in schedule 5.

Related to Demutualisation Schemes

  • Pension Schemes means the Nord Anglia Joint Pension Scheme, the Wyburn School Limited Pension Life Assurance Scheme (1985) and the Lifetime Pension Scheme, and “Pension Scheme” means any one of them.

  • Pension Scheme means a contract, an agreement, a trust deed or rules stipulating which retirement benefits are granted and under which conditions;

  • Nationalisation means that all the Shares or all or substantially all the assets of the Share Company are nationalised, expropriated or otherwise required to be transferred to any governmental agency, authority, entity or instrumentality thereof.

  • Demerger means a demerger pursuant to Chapter 17 of the Finnish Companies Act (624/2006 as amended from time to time).

  • Newco Scheme means a scheme of arrangement or analogous proceeding (“Scheme of Arrangement”) which effects the interposition of a limited liability company (“Newco”) between the Shareholders immediately prior to the Scheme of Arrangement (the “Existing Shareholders”) and the Company; provided that (i) only ordinary shares or units or equivalent of Newco or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco are issued to Existing Shareholders; (ii) immediately after completion of the Scheme of Arrangement the only holders of ordinary shares, units or equivalent of Newco or, as the case may be, the only holders of depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco, are Existing Shareholders holding in the same proportions as immediately prior to completion of the Scheme of Arrangement (disregarding de minimis holdings by initial subscribers, if applicable); (iii) immediately after completion of the Scheme of Arrangement, Newco is (or one or more wholly-owned Subsidiaries of Newco are) the only shareholder of the Company; (iv) all Subsidiaries of the Company immediately prior to the Scheme of Arrangement (other than Newco, if Newco is then a Subsidiary of the Company) are Subsidiaries of the Company (or of Newco) immediately after completion of the Scheme of Arrangement; and (v) immediately after completion of the Scheme of Arrangement the Company (or Newco) holds, directly or indirectly, the same percentage of the Ordinary Share Capital and Equity Share Capital of those Subsidiaries as was held by the Company immediately prior to the Scheme of Arrangement.

  • relevant scheme means a scheme of financial assistance provided under—

  • Share Option Scheme ’ means the share option scheme adopted by the Company on

  • the Scheme means the Local Government Pension Scheme in

  • Schemes the Principal Civil Service Pension Scheme available to Civil Servants and employees of bodies under Schedule 1 of the Superannuation Act 1972 (and eligible employees of other bodies admitted to participate under a determination under section 25 of the Public Service Pensions Act 2013), as governed by rules adopted by Parliament; the Partnership Pension Account and its (i) Ill health Benefits Scheme and (ii) Death Benefits Scheme; the Civil Service Additional Voluntary Contribution Scheme; and the Designated Stakeholder Pension Scheme and “alpha” introduced under The Public Service (Civil Servants and Others) Pensions Regulations 2014;

  • Stakeholders means the company’s employees, the employees of its subsidiaries, and other individuals, groups, communities or entities whose rights or interests are or could be affected by the products, services and operations of that company, its subsidiaries and its business relationships;

  • Commercialisation means any and all activities directed to the preparation for sale of, offering for sale of, or sale of a product, including activities related to marketing, promoting, distributing, importing and exporting such product. When used as a verb, “to Commercialise” and “Commercialising” means to engage in Commercialization, and “Commercialised” has a corresponding meaning.

  • MDL means Maui Development Limited.

  • Scheme of Arrangement means a scheme of arrangement, share for share exchange or analogous procedure.

  • stabilisation means processes which change the hazardousness of the constituents in the waste and transform hazardous waste into non-hazardous waste.

  • Indigenous Peoples Plan or “IPP” means any of the plans prepared and carried out following the requirements of the Indigenous Peoples Planning Framework.

  • Scheme Circular means any circular to the shareholders of the Target to be issued by the Target setting out the proposals for any Scheme.

  • Pensions means annual payments for life derived from contributions made by the employer that at the time of retirement are credited into the annuity and pension reserve fund from the employers' accumulation fund and paid from the annuity and pension reserve fund as provided in this chapter. All pensions shall be paid in twelve equal monthly installments.