Equalisation definition

Equalisation means a fund administration process which ensures that during the fiscal year of a Fund the net earnings per Share are neither diluted nor inflated by the issue, redemption or conversion of Shares.
View Source
Equalisation means the obligation of each of the 1983 Pension Scheme and the 1990 Pension Scheme to provide equal benefits as between men and women in respect of service on or after 17 May 1990 in order to ensure compliance with Article 141 of the Treaty of Rome;
View Source

Examples of Equalisation in a sentence

  • Without prejudice to the generality of the preceding sentence, if the provisions of this Clause ‎19 (Equalisation) have been applied before all the Liabilities have matured and/or been finally quantified, the Security Agent may elect to re-apply those provisions on the basis of revised Exposures and the Senior Secured Creditors shall make appropriate adjustment payments amongst themselves.

  • The provisions of this Clause ‎19 (Equalisation) shall be applied at such time or times after the Enforcement Date as the Security Agent shall consider appropriate.

  • The parties agree that the Board of RTL and the Board of RTP may agree to the simultaneous issue of the RTL Equalisation Share to a member of the RTP Group and of the RTP Equalisation Share to a member of the RTL Group in each case against payment of the nominal value thereof and that neither RTP nor RTL shall issue its Equalisation Share unless the Board of RTP and the Board of RTL shall have agreed to such issue and to the simultaneous issue of the Equalisation Share in the other company.

  • In this regard, a Net Dividend Amount may be rounded provided the Net Dividend Amount as rounded is within a 2% tolerance of the exact Net Dividend Amount that would result from the ratio of the Net Dividend Amount on one RTL Ordinary Share to the Net Dividend Amount on one RTP Ordinary Share converted using the Applicable Exchange Rate being exactly equal to the Equalisation Ratio.

  • The amount of the Equalisation Payment shall be calculated as set out in paragraphs 4.2.1 to 4.

  • PLC and NV propose, except in relation to their 1992 final dividends and, in the case of PLC, its 1992 interim dividend and except in the further circumstances described in this schedule, to pay dividends on their ordinary shares on the basis that the ratio of the Gross Dividend Amount on one NV Ordinary share to the Gross Dividend Amount on one PLC Ordinary share, translated using the Applicable Exchange Rate, will be the Equalisation Ratio.

  • For an expatriate who is hired, transferred, terminated or who returns home during the year, the Year-End US Tax Equalisation will be adjusted in order to compare: - Hypothetical US income tax retained from compensation (described above) during the portion of the year spent on International Assignment, - Final hypothetical US income tax (described above) on the entire year's income, and - Actual US income tax liability on Form 1040 for the entire year.

  • The Companies will endeavour, prior to the implementation of Simplification and subject to all necessary approvals being granted, to rebalance NV’s and PLC’s respective net assets in proportion to the ratio as agreed between the Companies so as to avoid that any claim may arise upon the termination of the Equalisation Agreement, Agreement for Mutual Guarantees of Borrowing and the Deed of Mutual Covenants.

  • PLC and NV propose, on the bases and assumptions set out or referred to in this schedule, that the interests of their respective shareholders in the underlying capital of the ▇▇▇▇ Elsevier Group, having regard to their interests in the Finance Group, should reflect the Equalisation Ratio.

  • Terms used in this Part C of Schedule 3 in this Part C of Schedule not otherwise defined in this Agreement shall have the meaning given to them in the Equalisation and Governance Agreement.