Due Bill definition

Due Bill means an instrument used to evidence the transfer of title to any dividend, distribution, interest, security or right to a Listed Security contracted for, or evidencing the obligation of a seller to deliver such dividend, distribution, interest, security or right to a subsequent purchaser.
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Examples of Due Bill in a sentence

  • Due Bill trading may be used in certain circumstances for conditional rights offerings as determined at the discretion of the Exchange.

  • Due Bill trading may be used at the discretion of the Exchange based on various relevant factors.

  • Due Bill trading may be used in certain circumstances for a stock subdivision accomplished by stock dividend as determined at the discretion of the Exchange.

  • For distributions that are the subject of a due bill, the interim period extends from the Interim Accounting Start Date (i.e., record date +1)6 up to the Due Bill Redemption Date (which is typically ex-date +1 for equities and payable date -1 for debt).7Normally, the registered holder of a security on the close of business on the record date is entitled to the distribution.

  • Shortening the Settlement Cycle, the Move to T+2,” June 2015To adjust due bill processing for T+2 settlement, organizations should consider the following activities: 4.3.1d Activities to Adjust Due Bill Processing 4.3.1e Modify Interim Accounting ProcessesSub-requirement:35 DTC must modify the DTC interim accounting process to account for the shortened period.Organizations need to modify interim accounting processes for T+2 settlement.

  • Any such trades entered less than two settlement days or one Business Day, as the case may be, prior to the payable date or the Due Bill Redemption Date shall not be accorded dividend protection in the CNS System.

  • Due Bill Trading 429.1.For the purposes of this Section 429.1, "distribution" means any dividend, distribution, interest, security or right to which holders of listed securities have an entitlement, based on a specific record date.

  • Cash-in-lieu of fractions, as well as interest amounts, are included in that day's money settlement.In the case of stock splits, the Current Market Price is adjusted by the rate of the split during the last twoone days prior to the Due Bill Redemption Date.

  • Table 1 and Table 2 show the quantitative results averaged over 10 times as described above.

  • The TSXV has determined that the Due Bill trading procedure will be used in connection with the distribution of the Cequence Shares to Donnybrook Shareholders pursuant to the Arrangement.

Related to Due Bill

  • Balance billing means charging or collecting an amount in excess of the Medicaid, Medicare, or contracted reimbursement rate for services covered under a Medicaid, Medicare or employer sponsored beneficiary’s plan. “Balance Billing” does not include charging or collecting deductibles or copayments and coinsurance required by the beneficiary’s plan.

  • Bank Bill Rate ’, for an Interest Period, means the average mid rate for Bills having a tenor closest to the Interest Period as displayed on the ‘‘BBSW’’ page of the Reuters Monitor System on the first day of that Interest Period as determined by the Calculation Agent.

  • T-Bill Rate means, for any Quarterly Floating Rate Period, the average yield expressed as a percentage per annum on three-month Government of Canada Treasury Bills, as reported by the Bank of Canada, for the most recent treasury bills auction preceding the applicable Floating Rate Calculation Date.

  • HUD means the Secretary of Housing and Urban development, his delegates, successors, and assigns, and the officers and employees of the United States

  • District and high school graduation report means a report of the number of pupils, excluding adult education participants, in the district for the immediately preceding school year, adjusted for those pupils who have transferred into or out of the district or high school, who leave high school with a diploma or other credential of equal status.

  • Discount Mortgage Loan Any Mortgage Loan having a Net Mortgage Rate (or the initial Net Mortgage Rate) of less than the Discount Net Mortgage Rate per annum and any Mortgage Loan deemed to be a Discount Mortgage Loan pursuant to the definition of Qualified Substitute Mortgage Loan.

  • Mortgage Policies has the meaning specified in Section 6.13(b)(ii).

  • FHA means the Federal Housing Administration.

  • Premium Rate has the meaning assigned to such term in the Premium Letter.

  • MBA Delinquency Method Under the MBA Delinquency Method, a loan due on the first of the month is considered 30 days delinquent when all or part of one or more payments remains unpaid as of close of business on the last Business Day of such month.

  • School of origin means the school or preschool that a child or youth attended when permanently housed, or the school in which the child or youth was last enrolled. When a child or youth completes the final grade level served by the school of origin, the school of origin includes the designated receiving school at the next grade level for all feeder schools.

  • Bill means bill of exchange;

  • Insurance premium finance company means a person engaged in the business of

  • Periodic Billing Requirement means, for any Remittance Period, the aggregate amount of Charges calculated by the Servicer as necessary to be billed during such period in order to collect the Periodic Payment Requirement on a timely basis.

  • Contract base bid means the total dollar amount a contractor bids on a contract without factoring any bid incentive or percentage reductions to the bid amount.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Rate Card means a document containing prices and descriptions for various advertisement placement options available from a service sector, which sets out the minimum and maximum price of a service.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Remittance Report A report prepared by the Master Servicer and delivered to the Trustee and the NIM Insurer in accordance with Section 4.04.

  • Uniform Single Attestation Program for Mortgage Bankers The Uniform Single Attestation Program for Mortgage Bankers, as published by the Mortgage Bankers Association of America and effective with respect to fiscal periods ending on or after December 15, 1995.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Non-Discount Mortgage Loan Any Mortgage Loan with an Adjusted Net Mortgage Rate that is greater than or equal to the Required Coupon.

  • InterLATA Traffic describes Telecommunications between a point located in a Local Access and Transport Area ("LATA") and a point located outside such area.

  • CREFI shall have the meaning assigned to such term in the preamble to this Agreement.

  • List of Approved Contractors means a list developed by each Transmission Owner and published in a PJM Manual of (a) contractors that the Transmission Owner considers to be qualified to install or construct new facilities and/or upgrades or modifications to existing facilities on the Transmission Owner’s system, provided that such contractors may include, but need not be limited to, contractors that, in addition to providing construction services, also provide design and/or other construction-related services, and (b) manufacturers or vendors of major transmission-related equipment (e.g., high-voltage transformers, transmission line, circuit breakers) whose products the Transmission Owner considers acceptable for installation and use on its system.

  • Amount Generally Billed or “AGB” means, with respect to emergency and other medically necessary care, the amount generally billed to individuals who have insurance covering such care.