Examples of Non-Electing Shareholder in a sentence
In addition, a holder who does not tender an Election for all of his or her shares will be deemed to be a Non-Electing Shareholder with respect to those shares not tendered.
Treat the threads of all fasteners with anti-seize compound before installing. Ensure that all pins are present and properly installed (including hairpin cotter pins where applicable).
However, if the mark-to-market election is made by a Non-Electing Shareholder after the beginning of the holding period for the PFIC stock, then the Section 1291 rules may still apply to certain dispositions (or deemed dispositions) of, distributions on and other amounts taxable with respect to its Common Stock.
Mr. YOUNG, I want to commend you and Mr. LOBIONDO, the distinguished gentleman from New Jersey, for having chaired the full committee and the Coast Guard subcommittee, along with your respective ranking members, Mr. OBERSTAR, the gentleman from Min- nesota; and Mr. FILNER, the gentleman from California.
Each unit consists of one common share and a half share purchase warrant.
Each Non-Electing Shareholder will be entitled to receive a proportion of each form of Under Requested Consideration remaining after allocations to the Electing Shareholders pursuant to paragraph (a) above have been made, based upon the number of Canada Life Shares held by such Non-Electing Shareholder as a proportion of the total number of (i) all Unallocated Canada Life Shares and (ii) all Canada Life Shares held by all Non-Electing Shareholders.
In each of these cases, the Non-Electing Shareholder will need to report certain information to the IRS on IRS Form 8621 filed with the Non-Electing Shareholder’s U.S. federal income tax return for the taxable year in which the Arrangement occurs.
If the PFIC-for-PFIC Exception is available, non-recognition treatment depends on the Non-Electing Shareholder satisfying certain requirements described in the Proposed Regulations.
This requires placement of a belt around the upper chest and a further belt around the abdomen, midway between the inferior ribs and the iliac crest (Fig 2.1).
Upon a Non-Electing Shareholder returning an Election Form or completing an on-line Election Form, Humm will transfer to that person legal title to the Consideration Shares held on trust for the Non-Electing Shareholder for them.On 7 March 2022, ASIC executed an exemption and declaration under sections 741(1)(a) and (b) of the Corporations Act.