Beneficial Right definition

Beneficial Right means, with respect to a property relating to an Ijara Asset or a Project Asset, as the case may be, hak manfaat in that property, as stipulated in Law No. 19 of 2008 on Sovereign Sukuk (Surat Berharga Syariah Negara), which is the right to own and to obtain the full right to the usage of certain properties without the requirement to register such ownership and rights.
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Examples of Beneficial Right in a sentence

  • The Notes only represent the corresponding portion of the Trust Beneficial Right and do not constitute the Originator’s, Trustee’s or any other Servicers’ debt to the investors, and the right of recourse of the Notes will be limited to the Trust Assets.

  • STATUS OF CORPORATE PROPOSALS ANNOUNCED BUT NOT COMPLETED (CONT’D) (iii) Proposed Subscription of Shares in 3D Oil Limited (“3D Oil”) and Proposed Acquisition of a 50.1% Unencumbered Legal and Beneficial Right, Title and Interest in VIC/P57 (Cont’d) On 3 September 2012, the Company remitted AUD2,043,558 as consideration for the Subscription Shares.

  • The Group obtained the Beneficial Right by transferring its entrusted accounts receivable to independent third parties including Ping An Trust Co., Ltd.

  • For a period of five (5) years from the date on which each Quasi Co-owner acquired quasi co-ownership of the Beneficial Interest, neither Quasi Co-owner may request that the Beneficial Right be split.

  • Notary Public [FOR USE IN THE REPUBLIC OF THE XXXXXXXX ISLANDS] EXHIBIT A FORM OF CREDIT AGREEMENT (See attached) EXHIBIT B FORM OF SUBSIDIARIES GUARANTY (See attached) EXHIBIT I-3 FORM OF FIRST PREFERRED SHIP MORTGAGE ON LIBERIAN FLAG VESSEL [VESSEL] OFFICIAL NO.

  • Disclosure Pertaining to Investment Trust Beneficial Right Securities, etc.

  • Payout from Risk Reserve: Simsen Era is required to pay to FOTIC out of the Risk Reserve under any circumstances as following: (i) the asset value of the Trust is not sufficient for repayment of entrusted fund with its expected return to the Trust Investor and the trustee fee to FOTIC and the Transferee fails to accept beneficial right of trust transferred from Trust Investor under the terms of the Trust Beneficial Right Transfer Agreement (if any).

  • The Trust Beneficial Right constitutes a valid, lawful and binding payment obligation (within the limit of the Trust Assets) of the Trustee under the Trust Agreement, and claims can be made against the Trustee according to the terms of the Trust Beneficial Right and the Trust Agreement by the Beneficiaries.

  • From these 16 benchmarks, we created the four, eight-thread workloads shown in Table 2, each of Table 1.

  • When a date to determine a holder of the rights is set forth in a case that a right not provided from Item 1 through preceding Item is granted to Book-Entry Beneficial Right: The date to determine.

Related to Beneficial Right

  • Beneficial shareholder means the person who is a beneficial owner of shares held in a voting trust or by a nominee as the record shareholder.

  • 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.

  • 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 Shareholders means shareholders who do not hold Shares in their own name and “intermediaries” refers to brokers, investment firms, clearing houses and similar entities that own securities on behalf of Beneficial Shareholders.

  • Commercial Rights means any and all rights of a commercial nature connected with the Event including, without limitation, broadcasting rights, sponsorship rights, merchandising and licensing rights, ticketing rights, promotional rights, catering and hospitality rights, New Media rights and interactive games rights;

  • Beneficial use means the right to possession, use, and enjoyment of property, limited only by encumbrances, easements, and restrictions of record.

  • Beneficial Ownership Interest means the right to receive payments and notices with respect to the Bonds held in a Book Entry System.

  • Applicable Ownership Interest means, with respect to the Treasury portfolio,

  • Purported Beneficial Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in Section 6.2.2 of this Article VI, the Purported Record Transferee, unless the Purported Record Transferee would have acquired or owned shares of Capital Stock for another Person who is the beneficial transferee or owner of such shares, in which case the Purported Beneficial Transferee shall be such Person.

  • Financial Rights means a Member's rights as a member of the LLC (a) to share in Net Income and Net Loss to the extent provided in this Agreement, and (b) to share in distributions to the extent provided in this Agreement.

  • Beneficial Ownership Limitation shall have the meaning set forth in Section 4(d).

  • Regulation S Global Note means a Regulation S Temporary Global Note or Regulation S Permanent Global Note, as appropriate.

  • Burial right means a right of earth interment.

  • 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;

  • Beneficial Owners means Persons who Beneficially Own the referenced securities.

  • Beneficial Ownership Regulation means 31 C.F.R. § 1010.230.

  • Exchangeable Share Provisions means the rights, privileges, restrictions and conditions attaching to the Exchangeable Shares, which rights, privileges, restrictions and conditions shall be in substantially the form set out in Appendix I hereto.

  • Regulation S Global Notes has the meaning set forth in Section 2.16.

  • non-voting security means a restricted security that does not carry the right to vote generally, except for a right to vote that is mandated, in special circumstances, by law;

  • Controlling ownership interest means ownership of or entitlement to more than twenty-five percent of shares or capital or profits of the company;

  • Beneficial Ownership Certification means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation.

  • Preferential Rights means any right or agreement that enables any Person to purchase or acquire any Asset or any interest therein or portion thereof as a result of or in connection with (a) the sale, assignment or other transfer of any Asset or any interest therein or portion thereof, or (b) the execution or delivery of this Agreement or the consummation or performance of the terms and conditions contemplated by this Agreement.

  • Regulation S Global Securities Appendix A

  • Transfer Restricted Definitive Notes means Definitive Notes that bear or are required to bear or are subject to the Restricted Notes Legend.

  • restricted voting security means a restricted security that carries a right to vote subject to a restriction on the number or percentage of securities that may be voted or owned by one or more persons or companies, unless the restriction is