Record Ownership definition

Record Ownership. A record of the name and address of the holder of such certificate, the number of shares represented thereby and the date of issue thereof shall be made on the corporation's books. The corporation shall be entitled to treat the holder of any share of stock as the holder in fact thereof, and accordingly shall not be bound to recognize any equitable or other claim to or interest in any share on the part of any other person, whether or not it shall have express or other notice thereof, except as required by law.
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Record Ownership means the shareholder of record, or the exact name of the shareholder on the account, i.e. “ABC Brokerage, Inc.” Beneficial ownership refers to the actual pecuniary, or financial, interest in the security, i.e. “Jane Doe Shareholder.”
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Examples of Record Ownership in a sentence

  • A follow-up mandatory hall meeting with students is held the following evening after the initial drill to critique the results of the drill, present fire safety tips, review evacuation procedures, and to explain the importance of complying with these procedures.

  • The viola- tion of this principle shall serve a basis for the compensation of material and moral damage through a court.

  • All prospective Offerors are encouraged to attend in order to facilitate better preparation of their Proposals.The Conference will be summarized.

  • Ownership and legal descriptions of these properties may be obtained by staff personnel from the public records or by title company Statement of Record Ownership.

  • Record Ownership All records, reports, documents, or other material related to any contract resulting from this RFP and/or obtained or prepared by the Contractor in connection with the performance of the services contracted for herein shall become the property of the State and shall, upon request, be returned by the Contractor to the State, at the Contractor’s expense, at termination or expiration of the contract.

  • Contractor shall allow the Department to inspect, audit or copy records at the contractor’s site, without expense to the Department.5. Record Ownership: All records, reports, documents and other material delivered or transmitted to Contractor by the Department shall remain the property of the Department, and shall be returned by Contractor to the Department, at Contractor's expense, at termination or expiration of this contract.

  • Please confirm that Contractor’s proprietary software, systems and examination items mentioned above are exempt from the Record Ownership or similar clause and Contractor shall retain ownership of its proprietary examination items, item storage systems, test delivery systems, and software programs, including associated source code(s), used in performing services under this Agreement, and at no time shall ownership of same be transferred to the State or its agencies.

  • Dispositions; Proceeds; Voting Rights; Transfer of Record Ownership, Etc.

  • Jean-Bernard LafontaIt is debt without recourse, and the table only lists debt with recourse on Wendel.

  • The Owner hereby represents and warrants to the City that it is the owner of the Subject Property in accordance with the Record Ownership and Encumbrance Report (“O&E Report”) provided by the Owner to the City (under separate cover), which said O&E Report was issued by a title insurance company licensed to provide services in the State of Florida and shows all liens and mortgages not satisfied or released of record relative to the Subject Property.

Related to Record Ownership

  • Record owner means, as of any particular time, a record owner of Outstanding Shares of the Trust shown on the books of the Trust or any Portfolio or the Trust’s transfer agent as then issued and outstanding at such time;

  • Common ownership means the same or substantially similar persons or entities that maintain a

  • Stock Ownership means any direct or indirect ownership of Stock, including any ownership by virtue of application of constructive ownership rules, with such direct, indirect, and constructive ownership determined under the provisions of Section 382 of the Code and the regulations thereunder.

  • Percentage Stock Ownership means the percentage Stock Ownership interest of any Person or group (as the context may require) for purposes of Section 382 of the Code as determined in accordance with the Treasury Regulation § 1.382-2T(g), (h), (j) and (k) or any successor provision.

  • Transfer of ownership Includes, but is not limited to, the conveyance of a Mortgaged Property, whether legal or equitable, voluntary or involuntary, by any of the following methods:

  • Certificate of ownership means a paper or an electronic

  • Certificate of Beneficial Ownership means, for each Borrower, a certificate in form and substance acceptable to Agent (as amended or modified by Agent from time to time in its sole discretion), certifying, among other things, the Beneficial Owner of such Borrower.

  • Ownership Certificate An equity certificate representing a 100% undivided beneficial ownership interest in the Trust, substantially in the form attached as part of Exhibit A to the Trust Agreement.

  • Joint Ownership - (also known as equity JVs) means the establishment by two parent companies of a child company for a specific task within which both parent companies invest in order to overcome the limited capabilities vested within them in order that they can both benefit from the combined investment.

  • Percentage Ownership means, with respect to any Shareholder at any time, (i) the number of shares of Fully Diluted Common Stock that such Shareholder beneficially owns (and (without duplication) has the right to acquire from any Person) at such time, divided by (ii) the total number of shares of Fully Diluted Common Stock at such time.

  • Ownership means, for purposes of this definition, control of more than a 50% interest in an entity.

  • Ownership Interests means, with respect to any Person, all of the shares of Capital Stock of such Person and all debt securities of such Person that can be converted or exchanged for Capital Stock of such Person, whether voting or nonvoting, and whether or not such Capital Stock or debt securities are outstanding on any date of determination.

  • Indirect Ownership Interest means an ownership interest in an entity that has an ownership interest in another entity. Indirect ownership interest includes an ownership interest in an entity that has an indirect ownership interest in another entity.

  • Ownership Restrictions means collectively the Ownership Limit as applied to Persons other than the Initial Holder or Look-Through Entities, the Initial Holder Limit as applied to the Initial Holder and the Look-Through Ownership Limit as applied to Look-Through Entities.

  • uncertificated means, in relation to a share, a share title to which is recorded in the register as being held in uncertificated form and title to which, by virtue of the Uncertificated Securities Regulations, may be transferred by means of a relevant system;

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

  • WREGIS Certificates has the same meaning as “Certificate” as defined by WREGIS in the WREGIS Operating Rules and are designated as eligible for complying with the California Renewables Portfolio Standard.

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

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

  • WREGIS Certificate or “Certificate” means “Certificate” as defined by the WREGIS Operating Rules.

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

  • Transfer of Control means, with respect to an eNote, a MERS eRegistry transfer transaction used to request a change to the current Controller of such eNote.

  • Ownership Interest As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.

  • Continuing ownership interest means ownership of or entitlement to more than twenty five per cent of shares or capital or profits of the company;