Undivided Beneficial Interest definition

Examples of Undivided Beneficial Interest in a sentence

  • The issuance of a Certificate pursuant to the related Trust Documents will occur upon the date of initial settlement and transfer of consideration for such Certificate and will constitute a sale, assignment, transfer and conveyance to a Holder of an Undivided Beneficial Interest in the related Trust Fund, effective as of the related Issue Date.

  • Shares Representing Common Units of Fractional Undivided Beneficial Interest No Par Value Per ShareUnlimited Shares Authorized5,230,200 Shares Issued and Outstanding as of December 31, 2019OTCQX: ETHEGrayscale Investments, LLC (the “Sponsor”), on behalf of Grayscale Ethereum Trust (ETH) (the “Trust”), is responsible for the content of this annual report for the year ended December 31, 2019 (the “Annual Report”), which has been prepared to fulfill the disclosure requirements of the OTCQX U.S. marketplace.

  • The UTI Beneficiary hereby allocates a separate portfolio of assets consisting of the Leases identified on Annex A hereto, the related Equipment and all other related assets (collectively, “Series 201[●]-[●] SUBI Assets”) to this “Series 201[●]-[●] Special Undivided Beneficial Interest of the GE CF Trust” represented by this Series 201[●]-[●] SUBI.

  • The UTI Beneficiary hereby allocates a separate portfolio of assets consisting of the Leases identified on Annex A hereto, the related Equipment and all other related assets (collectively, “Series 201[●]-[●] SUBI Assets”) to this “Series 201[●]-[●] Special Undivided Beneficial Interest of the GE TF Trust” represented by this Series 201[●]-[●] SUBI.

  • The issuance of a Certificate pursuant to the related‌ Trust Documents will occur upon the date of initial settlement and transfer of consideration for such Certificate and will constitute a sale, assignment, transfer and conveyance to a Holder of an Undivided Beneficial Interest in the related Trust Fund, effective as of the related Issue Date.

  • Shares Representing Common Units of Fractional Undivided Beneficial Interest No Par Value Per ShareUnlimited Shares Authorized206,559,100 Shares Issued and Outstanding as of December 31, 2018OTCQX: GBTCGrayscale Investments, LLC (the “Sponsor”), on behalf of Grayscale Bitcoin Trust (BTC) (the “Trust”), is responsible for the content of this annual report for the year ended December 31, 2018 (the “Annual Report”), which has been prepared to fulfill the disclosure requirements of the OTCQX U.S. marketplace.

Related to Undivided Beneficial Interest

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • Beneficial Ownership Interest means any direct or indirect interest in the name of the MIMAK employee as well as any direct or indirect interest in the name of the MIMAK employee’s spouse, child, all persons residing with or financially dependent upon the MIMAK employee, any person to whom the MIMAK employee contributes material financial support and any account over which the MIMAK employee exercises control.

  • body in which the relevant person has a beneficial interest means a firm in which the relevant person is a partner or a body corporate of which the relevant person is a director, or in the securities of which the relevant person has a beneficial interest;

  • Fractional Undivided Interest With respect to any Class of Certificates (other than the Class XP Certificates), the fractional undivided interest evidenced by any Certificate of such Class the numerator of which is the Current Principal Amount of such Certificate and the denominator of which is the Current Principal Amount of such Class. With respect to the Class XP Certificates, the percentage interest stated thereon. With respect to the Certificates in the aggregate, the fractional undivided interest evidenced by (i) the Residual Certificates will be deemed to equal 1.0% and (ii) a Certificate of any other Class will be deemed to equal 99.0% multiplied by a fraction, the numerator of which is the Current Principal Amount of such Certificate and the denominator of which is the aggregate Current Principal Amount of all the Certificates of such Class. Xxxxxxx Mac: Xxxxxxx Mac, formerly the Federal Home Loan Mortgage Corporation, and any successor thereto. Xxxxxxx Mac Guide: The Xxxxxxx Mac Selling Guide and the Xxxxxxx Mac Servicing Guide and all amendments or additions thereto.

  • unregistered interest means a consensual interest or non-consensual right or interest (other than an interest to which Article 39 applies) which has not been registered, whether or not it is registrable under this Convention; and

  • Beneficial Holder A Person holding a beneficial interest in any Book-Entry Certificate as or through a DTC Participant or an Indirect DTC Participant or a Person holding a beneficial interest in any Definitive Certificate.

  • registered interest means an international interest, a registrable non-consensual right or interest or a national interest specified in a notice of a national interest registered pursuant to Chapter V;

  • Purported Beneficial Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in subsection (b)(ii), the Purported Record Transferee, unless the Purported Record Transferee would have acquired or owned Partnership Units for another Person who is the beneficial transferee or owner of such Partnership Units, in which case the Purported Beneficial Transferee shall be such Person.

  • Book-Entry Interest means a beneficial interest in a Global Certificate, ownership and transfers of which shall be maintained and made through book entries by a Clearing Agency as described in Section 9.4.