Corporate Holder definition

Corporate Holder means (i) J.P. Morgan Broker-Dealer Holdings Inc., a Delaware corporation or (ii) any affiliate thereof treated as a corporation for U.S. federal income tax purposes that holds Series A Preferred Stock either directly or indirectly through an entity that is treated as a partnership or disregarded entity (or other form of pass-through entity) for U.S. federal income tax purposes.
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Corporate Holder shall have the meaning set forth in the definition of the term Related Party Transfer.
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Corporate Holder shall have the meaning set forth in the definition of the term "Permitted Transfer."
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Examples of Corporate Holder in a sentence

  • With respect to any E&P redetermination described in Sections 7.2(b) or 7.2(c) above, the Corporation shall promptly furnish to the Corporate Holder documentation (including information and records) supporting in reasonable detail such redetermination.

  • Any DRD Gross-Up Distribution required to be made by the Corporation shall be made by the Corporation no later than the 10th day after delivery of written notice by the Corporate Holder to the Corporation that the Relevant Time has occurred (including any supporting information reasonably necessary to calculate the DRD Gross-Up Distribution) (such date, the “ DRDGU Due Date”).

  • The obligations of a Corporate Holder pursuant to this Section 7.2(c) shall survive a Disposition, redemption or other transfer of the Series A Preferred Stock.

  • For example, if a Corporate Holder receives a $100,000 Distribution and the Non-DRD Amount with respect to such Distribution is $100,000 (i.e., the Corporation has $0 E&P), the DRD percentage with respect to such Distribution under Section 243 of the Code is 50%, the Hypothetical Tax Rate is 28%, and there are $0 of the interest and penalties described in clause (y) above, then the DRD Gross-Up Amount would equal $19,444.44, computed as follows: (28% x ($100,000 x 50%)) / (1 - .28).

  • Any Section 1059 Gross-Up Distribution required to be made by the Corporation shall be made by the Corporation no later than the 10th day after delivery of written notice by the Corporate Holder to the Corporation that the Relevant Time has occurred (including any supporting information reasonably necessary to calculate the Section 1059 Gross-Up Distribution) (such date, the “ 1059GU Due Date”).

  • The obligations of a Corporate Holder pursuant to this Section (3)(f)iii shall survive a Disposition or other transfer of the Series A Preferred Stock.

  • Such payment will be in the form of (x) Series A Preferred Stock at the Face Value if the original DRD Gross-Up Distribution was in the form of Series A Preferred Stock and such Corporate Holder owns such Series A Preferred Stock on the date such payment is made, or (y) in all other instances, cash.

  • Any DRD Gross-Up Distribution required to be made by the Corporation shall be made by the Corporation on the later of (i) the 90th day after delivery of written notice by the Corporate Holder to the Corporation that the Relevant Time has occurred (including any supporting information reasonably necessary to calculate the DRD Gross-Up Distribution) or (ii) the due date of the Corporation’s federal income tax return for the year of the Distribution, including extensions (such date, the “ DRDGU Due Date”).

  • A Change of Control in any Corporate Holder shall be construed as a Transfer of all the Equity Securities held by that Corporate Holder.

  • For example, if a Corporate Holder receives a $100,000 Distribution, the Non-DRD Amount with respect to such Distribution is $100,000 (i.e., the Corporation has $0 E&P), the DRD percentage with respect to such Distribution under Section 243 of the Code is 65%, the Hypothetical Tax Rate is 24%, and there are $0 of the interest and penalties described in clause (y) above, then the DRD Gross-Up Amount would equal $20,526.32, computed as follows: (24% x ($100,000 x 65%)) / (1 - .24).


More Definitions of Corporate Holder

Corporate Holder means a person treated as a corporation for U.S. federal income tax purposes that holds Series A Preferred Stock either directly or indirectly through an entity that is treated as a partnership or disregarded entity (or other form of pass-through entity) for U.S. federal income tax purposes.
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Corporate Holder means a corporate entity holding at least one (1) category A debenture at FIS.
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Related to Corporate Holder

  • Intermediate Holdings shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Certificate holder means a person who has been issued a certificate of compliance or other package approval by the NRC.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Intermediate Holdco as defined in the preamble to this Agreement.

  • Corporate Member means, corporate entity who have entered into a Membership Agreement with DOCOMO BIKESHARE, INC. under the Bicycle Rental (Sharing) system in pursuant to Article 3, such as profit corporations, non-profit corporations, public corporations, and those with juridical personality by law. Member: means, an Individual Member and a Corporate Member collectively referred to as Member.

  • private hospital means a hospital that is not a public hospital;

  • Corporate Partner means a Partner that is subject to tax under [reference to State law].

  • Ares means Ares Management LLC, on behalf of its Affiliated funds, investment vehicles and/or managed accounts.

  • Requisite Holders means the holders of the Warrants representing a majority of the shares of Common Stock underlying the Warrants then outstanding.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • State hospital means the Arizona state hospital.

  • Participating private hospital means a hospital that has a hospital purchaser provider agreement with Latrobe.

  • Significant Holder means (i) each Purchaser, so long as it shall hold (or be committed under this Agreement to purchase) any Note, or (ii) any other holder of at least 5% of the aggregate principal amount of the Notes from time to time outstanding.

  • Corporate Group means the Corporation and its Subsidiaries treated as a single consolidated entity.

  • Staff member means a staff member as defined in section 1(1) of the Public Service Act, 1995 (Act No. 13 of 1995);

  • Office Holder means a receiver, administrative receiver, liquidator, provisional liquidator or administrator of a Member of all or substantially all of the Member's assets;

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Corporate Affiliate means any parent or subsidiary corporation of the Corporation (as determined in accordance with Code Section 424), whether now existing or subsequently established.

  • Fortress means Fortress Investment Group LLC.

  • College President means the chief executive officer of the college appointed by the board of trustees.

  • Private home means a private residence in which the licensee permanently resides, which residency is not contingent upon caring for children or employment by a child placing agency. Private home includes a full-time foster family home, a full-time foster family group home, a group child care home, or a family child care home, as follows:

  • Founder means, in respect of an issuer, a person who,

  • Principal Stockholder means, collectively, (i) the Sponsor and (ii) any affiliate or successor of a person referenced in clauses (i) and (ii) of this definition.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Qualified Holdings means, as to any Recipient, all Shares owned beneficially or of record by: (i) such Recipient, or (ii) such Recipient's Customers, but in no event shall any such Shares be deemed owned by more than one Recipient for purposes of this Plan. In the event that more than one person or entity would otherwise qualify as Recipients as to the same Shares, the Recipient which is the dealer of record on the Fund's books as determined by the Distributor shall be deemed the Recipient as to such Shares for purposes of this Plan.