NBDB definition

NBDB means National Bank Direct Brokerage, a division of National Bank Financial Inc., its successors and assigns. Based on your instructions, the securities in your account with National Bank Direct Brokerage, a division of National Bank Financial Inc. (hereinafter the “Broker”), are not registered in your name but in the name of the Broker or the name of another person or company holding your securities on behalf of the Broker. The issuers of the securities in your account may not know the identity of the beneficial owner of these securities. Under securities legislation, the Broker is required to obtain your instructions concerning various matters relating to the securities held in your account. Securities legislation permits reporting issuers and other persons or companies to send materials related to the affairs of the reporting issuer directly to beneficial owners of the reporting issuer’s securities if the beneficial owner consents to having information about him disclosed to the reporting issuer or other persons or companies. The “Disclosure of Information” section allows you to inform the Broker that you DO NOT CONSENT to it disclosing to the reporting issuer or other persons or companies your beneficial ownership information, consisting of your name, mailing address, e-mail address, securities holdings and preferred language of communication. Securities legislation restricts the use of your beneficial ownership information to matters relating to the affairs of the reporting issuer. If you CONSENT to the disclosure of your beneficial ownership information, please tick the “Yes” box in the “Disclosure of Information” section. By doing so, you will not be charged any costs associated with sending securityholder materials to you. If you DO NOT CONSENT to the disclosure of your beneficial ownership information, please tick the “No” box in this same section. By doing so, all materials to be delivered to you as beneficial owner of securities will be sent by the Broker, at your expense. For securities held in your account, you are entitled to receive proxy-related materials sent by reporting issuers to the registered holders of their securities in connection with meetings of such securityholders. Among other things, this enables you to receive the necessary information to allow you to have your securities voted in accordance with your instructions at a meeting of securityholders. In addition, reporting issuers may choose to send other securityholder materials...
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NBDB means National Bank Direct Brokerage, a division of National Bank Financial Inc.
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Examples of NBDB in a sentence

  • A concise statement of the relationship between NBDB and each related or connected issuer is also provided: National Bank of Canada: National Bank of Canada is a bank incorporated under the Bank Act (Canada) and is a reporting issuer that holds indirectly 100% of the voting and equity shares of the Corporation.

  • NBDB may terminate this agreement at any time upon sixty (60) days’ prior written notice mailed to your address on our records.

  • NBDB offers a wide variety of special accounts to meet the specific financial needs of certain entities.

  • On occasion, clients may be referred by third parties to NBDB for the purpose of obtaining the products and services offered by NBDB.

  • NBDB will process transaction requests as soon as practicable, and will generally attempt to process them on the next business day if they are received prior to 4 p.m. (E.S.

  • You understand that the Program does not include any investment advice, does not include any portfolio management, and does not afford NBDB with any discretion over the assets held in your Account.

  • NBDB offers different types of accounts designed to cater to your financial needs.

  • You confirm that you have determined your own investment objectives for your Account, and that you have chosen to invest in the securities purchased to be held in your Account, without any investment advice from NBDB.

  • All foreign currencies are converted on the transaction date, using the rates established or determined by NBDB.

  • You confirm that you agree to participate in the Program and authorize NBDB to deal with the assets in your Account in accordance with the standing instructions detailed herein, as well as applicable law and regulations.