PEC Register definition

PEC Register means the PEC register and transfer book maintained by the Company at its registered office in respect of the PECs. Redemption means, for each PEC, any redemption of PECs pursuant to Clause 3. Retained Earnings means retained earnings of the Company determined on an unconsolidated basis in accordance with generally accepted accounting principles as in effect from time to time in Luxembourg (but excluding, for such purpose, expenses in respect of the Yield and non-cash charges, including deductions resulting from the write-down of shares in subsidiaries held by the Company) consistent with the policies and practices of the Company. Shares means the shares in the nominal amount of one cent Euro (EUR 0.01) each, issued by the Company to its Shareholders.
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PEC Register means the register and transfer book maintained by the Company for recording the holders of the PECs.
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Examples of PEC Register in a sentence

  • The Issuer hereby authorises and instructs each manager of the Issuer, acting individually, in the name and on behalf of the Issuer, upon issue of the PECs to register the Subscriber as holder of the PECs in the Company’s PEC Register.

  • Except as expressly required by law, the Person in whose name the PECs are registered in the PEC Register shall be deemed to be the owner and record holder thereof for all purposes.

  • The PECs are issued in registered form and the name and address of Holder of each PEC shall be entered into the PEC Register by the Company.

  • Except as expressly required by law, the Person in whose name the PECs are registered in the PEC Register shall be deemed to have full and absolute ownership of the PECs and shall be the only record holder thereof for all purposes.

Related to PEC Register

  • Public Register means the College’s register that is available to the public.

  • Branch Register means any branch Register of such category or categories of Members as the Company may from time to time determine.

  • PPS Register means the Personal Property Securities Register established under the PPSA;

  • National Register has the same meaning as in section 3 of the National Act. National RTO Standards means the Standards for Registered Training Organisations (RTOs) 2015 (Cth) and its User Guide.

  • Unit Register means the register of the Partnership for the registration and transfer of Limited Partnership Interests as provided in Section 4.5.