Distribution Transfer definition

Distribution Transfer means a disposal or transfer (however effected) by a Person of his rights to a Distribution from the Company such that he is not beneficially entitled (directly or indirectly) to such a Distribution and no Person who is so entitled subsequent to such disposal or transfer (whether the immediate transferee or not) is (whether as a result of the transfer or not) a Substantial Shareholder;
Distribution Transfer means a disposal or transfer (however effected) by a person of his rights to a Distribution from the Company such that he is not beneficially entitled (directly or indirectly) to such a distribution and no person who is so entitled subsequent to such disposal or transfer (whether the immediate transferee or not) is (whether as a result of the transfer or not) a Substantial Shareholder;"Distribution Transfer Certificate"means a certificate in such form as the Directors may specify from time to time to the effect that the relevant person has made a Distribution Transfer, which certificate may be required by the Directors to satisfy them that a Substantial Shareholder is not beneficially entitled (directly or indirectly) to a Distribution;"electronic form" and "electronic means"have the meanings given to them in the Companies Act, execution includes any mode of execution (and executed shall be construed accordingly);"ERISA"means the United States Employee Retirement Income Security Act of 1974 as amended, and any rules and regulations promulgated thereunder;"Excess Charge"means, in relation to a Distribution which is paid or payable to a person, all tax or other amounts which the Directors consider may become payable by the Company under Section 551 of the CTA 2010 (as such legislation may be modified, supplemented or replaced from time to time) and any interest, penalties, fines or surcharge attributable to such tax as a result of such Distribution being paid to or in respect of that person;"FCA"the Financial Conduct Authority;"FSMA"means the Financial Services and Markets Act 2000 (as amended);"general meeting"means a meeting of members which is an annual general meeting or any other general meeting;"Group"means the Company and the other companies in its Group for the purposes of section 606 of the CTA 2010 (as such section may be modified, supplemented or replaced from time to time);"holder" or "shareholder"means (in relation to any share) the member whose name is entered in the Register as the holder or, where the context permits, the members whose names are entered in the Register as the joint holders of that share;"HMRC"means HM Revenue & Customs;"independent shareholder"as defined in the Listing Rules;"interest in the Company"includes, without limitation, an interest in a Distribution made or to be made by the Company;"Listing Rules"means the Listing Rules issued by the FCA and made under Part VI of FSMA (as varied from time to time);
Distribution Transfer. ’ means a disposal or transfer (however effected) by a Person of

Examples of Distribution Transfer in a sentence

  • The Directors shall be entitled to (but shall not be bound to) accept a Distribution Transfer Certificate as evidence of the matters therein stated and the Directors shall be entitled to require such other information, certifications or declarations as they think fit.

  • A Substantial Shareholder may satisfy the Directors that he is not beneficially entitled to a Distribution by providing a Distribution Transfer Certificate.

  • The directors shall be entitled to (but shall not be bound to) accept a Distribution Transfer Certificate as evidence of the matters therein stated and the directors shall be entitled to require such other information, certifications or declarations as they think fit.

  • A Substantial Shareholder may satisfy the directors that he is not beneficially entitled to a Distribution by providing a Distribution Transfer Certificate.

  • The Directors shall be entitled to (but shall not be bound to) accept a Distribution Transfer Certificate as evidence of the matters therein stated and the Directors shall be entitled to require such other information, certifications or declarations (if any) as they think fit.

  • An Excessive Shareholder may satisfy the Directors that he is not beneficially entitled to a Distribution by providing a Distribution Transfer Certificate.

  • Sale, Distribution, Transfer or Purchase of Drugs (June, 2003) Any attempt to sell, distribute, transfer, or purchase controlledsubstances, alcoholic beverages or any item believed or represented to be a controlled substance or alcoholic beverage on school property or at a school event is forbidden whether or not such attempt is completed.

  • Regarding bifurcation of actual commercial and technical loss CESU has submitted that the study is not available feeder wise as 100% metering at Distribution Transfer (DT) level and DT wise 100% consumer indexing has not been completed.

  • The Board shall be entitled to (but shall not be bound to) accept a Distribution Transfer Certificate as evidence of the matters therein stated and the Board shall be entitled to require such other information, certificates or declarations as they think fit.

  • Estimation of marginal costs made by applying Power Distribution Transfer Factors to engineering estimates of the cost of relieving constraints would obviously include them.The cost model used has evolved from an even simpler initial version which was a pure “transport” model, unrelated to the way National Grid describes possible needs for reinforcement in its Seven Year Statements.


More Definitions of Distribution Transfer

Distribution Transfer means a disposal or transfer (however effected) by a

Related to Distribution Transfer

  • Distribution Network means a 'distribution network' as defined in Special Condition E2A of the Transporter's Licence held by each DN Operator;

  • Distribution Service means the delivery of electricity to Customers by the Distribution Company.

  • Distribution box means a watertight component that receives effluent from a septic tank or other treatment unit and distributes effluent via gravity in approximately equal portions to two or more distribution laterals in the soil treatment area.

  • Wholesale distribution means distribution of prescription drugs to persons other than consumers or