Own Name Client definition

Own Name Client means a Client whose Own Name appears on the sub-register maintained by a Participant as opposed to the shares held by a nominee company;
Own Name Client means a person whose own name is on the main register of the Company and in whom/which the benefits of the bundle of rights attaching to dematerialised Sasol BEE Ordinary Shares so registered in his/her/its name vest, which is typically evidenced by one or more of the following -
Own Name Client means a person whose own name is on the main register of an Issuer kept in terms of the Companies Act and in whom/which the benefits of the bundle of rights attaching to the equity securities so registered in his/her/its name vest, which is typically evidenced by one or more of the following: 1.31.1. the right or entitlement to receive any dividend or interest payable in respect of those equity securities; 1.31.2. the right to exercise or cause to be exercised in the ordinary course of events, any or all of the voting, conversion, redemption or other rights attached to those equity securities; 1.31.3. the right to dispose or direct the disposition of those equity securities, or any part of a distribution in respect of those equity securities and to have the benefit of the proceeds;

Examples of Own Name Client in a sentence

  • The CSDP will sign This BEE Contract as CSDP to the extent that the party defined as “You” is an Own Name Client.


More Definitions of Own Name Client

Own Name Client means a person whose own name is on the main register of an Issuer kept in terms of the Companies Act and in whom/which the benefits of the bundle of rights attaching to the equity securities so registered in his/her/its name vest, which is typically evidenced by one or more of the following:
Own Name Client means a Beneficial Owner of Shares whose own name is recorded in respect of such Shares in the securities register of MTNZF kept in terms of the Companies Act;
Own Name Client means a Beneficial Owner of YeboYethu Ordinary Shares whose own name is recorded in respect of such YeboYethu Ordinary Shares in the securities register of YeboYethu kept in terms of the Companies Act;
Own Name Client means a client whose own name appears on the sub-register maintained by a Participant as opposed to the shares held by a nominee company. Clause and paragraph headings are for purposes of reference only and shall not be used in interpretation. Unless the context clearly indicates a contrary intention, any word connoting any gender includes the other gender, the singular includes the plural and vice versa and natural persons includes artificial persons and vice versa; When any number of days is prescribed such number shall exclude the first and include the last day unless the last day falls on a Saturday, Sunday, or a public holiday in the Republic of South Africa, in which case the last day shall be the next succeeding day which is not a Saturday, Sunday or a public holiday in the Republic of South Africa.
Own Name Client means a person whose own name is on the main register of the Company and in whom/which the benefits of the bundle of rights attaching to dematerialised
Own Name Client means a client whose own name appears on the sub- register maintained by a Participant as opposed to the shares held by a nominee company.