Shareholders’ Account definition

Shareholders’ Account. An account in the name of the Borrower over which the Lenders have no security and to which the Borrower is allowed to make payments in accordance with Clauses 9.4.3(a) (Priority of Payments) and 9.4.3(c) (Restricted Application).
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Shareholders’ Account has the meaning given to such term in Section 3.01(a) hereof.
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Shareholders’ Account means a bank account designated by the Shareholders’ Representative to Parent in writing.
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Examples of Shareholders’ Account in a sentence

  • To receive, consider and adopt Audited Financial Statements comprising the Balance Sheet of the Company as at March 31, 2022, Revenue Account (Policyholders’ Account) for the financial year ended March 31, 2022, Profit and Loss Account (Shareholders’ Account) for the financial year ended March 31, 2022, Receipts and Payments Account (Cash Flow Statement) for the financial year ended March 31, 2022, the Management Report together with the report of the Board of Directors and the Auditor’s thereon.

  • Earnings Per Share is calculated by dividing the Profits/(Loss) in the Shareholders’ Account by the weighted average number of equity shares outstanding during the year.

  • Prepare Realisation Account, Equity Shareholders’ Account and Cash Account in the books of Radhe Company Limited.

  • During the year, the Company has made provision in the Profit and Loss Account (Shareholders’ Account) for refund of administrative charges paid to group master policy holders amounting to ` 843,174 thousands plus applicable interest as per IRDAI order dated January 11, 2017.

  • Transfer of InvestmentsAny transfer of investments from Shareholders’ Account to Policyholders’ Account / Linked Funds is carried out at lower of book value (amortised cost) or market value.

  • Statement of Profit and Loss for the period, in accordance with Ind AS1, Presentation of Financial Statements including Policyholders’ Account (Revenue Account) and Shareholders’ Account (Profit and Loss Account), as required by the Insurance Act, 1938.

  • It is acknowledged that including Revenue Account (Policyholders’ Account) and Profit and Loss Account (Shareholders’ Account) may not strictly be in accordance with the requirements of Ind AS 1.

  • The efforts of those countries that do take their national responsibility to do what is necessary, even though they are not obliged to do so under treaty law, should serve as an example to the Dutch State and should not be an excuse for the State to sit back and relax itself.

  • Advise the Company about eligibility, procedure, ratio of bonus shares, drafting of Board notes and resolutions, valuation of shares by engaging a registered valuer, general meeting notice and resolutions, dispatch of general meeting notices to shareholders for AGM/EOGM, finalization of fresh share certificates for printing as per new Companies Act, credit the bonus shares to the Shareholders’ Account (physical/demat), filing of e-forms in the MCA portal etc.

  • Statement of Profit and Loss for the period, in accordance with Ind AS 1, Presentation of Financial Statements including Policyholders’ Account (Revenue Account) and Shareholders’ Account (Profit and Loss Account), as required by the Insurance Act, 1938.


More Definitions of Shareholders’ Account

Shareholders’ Account. Has the meaning ascribed thereto in the Pulp Mill Facility Agreement.
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Shareholders’ Account means, with respect to a Seller, the shareholder's account ("compte courant d'associe"), if any, between such Seller and the Company.
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Shareholders’ Account means the account established and controlled by the Shareholders’ Representative in accordance with the Shareholders’ Representative Agreement to receive and disburse monies, and among other things to provide for the Adjustment.
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Shareholders’ Account shall have the meaning ascribed to it in Section 2.2(a). “Shareholders Cap” shall have the meaning ascribed to it in Section 8.2(b).
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Related to Shareholders’ Account

  • Purchaser’s Account The account of the Purchaser at a bank or other entity most recently designated in a written notice by the Purchaser to the Sellers as the "Purchaser's Account."

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Sub-Account means any of the individual sub-accounts of a Participant’s Account that is maintained as provided in Article VIII.

  • Seller’s Account means such account as the Seller may specify to the Guarantor from time to time;

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Sub-Accounts means the respective Sub-Accounts of the Escrow Account, into which the monies specified in Clause 4.1 would be credited every month and paid out if due, and if not due in a month then appropriated proportionately in such month and retained in the respective Sub Accounts and paid out therefrom on the Payment Date(s).

  • Member Account means the regular account and the variable account.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Share Account means the brokerage account established by the Agent for each Participant to which shares of Common Stock purchased under the Plan are credited in accordance with Section 9. The Share Account will be established pursuant to a separate agreement between each Participant and the Agent.

  • Nominated Account means any of the accounts nominated by you from time to time for use with phone banking, internet banking or Credit External payments.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Omnibus Account means any Shareholder Account the record owner of which is a registered broker-dealer which has agreed with the Transfer Agent to provide sub-transfer agent functions relating to each Sub-shareholder Account within such Shareholder Account as contemplated by this Schedule I in respect of each of the Funds.

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Investment Account As defined in Section 3.12(a).

  • Designated Accounts as used in any security agreement means both the Designated Accounts hereunder and the “Designated Accounts” in the comparable agreement entered into with respect to any other Pledgor.

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Separate Accounts means the accounts which are to be prepared for each

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.