First Record Date definition

First Record Date means, in respect of demerger of the Product Business Undertaking into the Resulting Company, the date to be fixed by the Board of Directors of the Resulting Company in consultation with the Board of Directors of the Demerged Company, for the purposes of issue and allotment of Equity Shares by the Resulting Company to the equity shareholders of the Demerged Company.
View Source
First Record Date shall have the meaning set forth in the Recitals.
View Source
First Record Date has the meaning ascribed to it in Section 8.05(a). -----------------
View Source

Examples of First Record Date in a sentence

  • All Certificateholders of record as of the First Record Date (as defined in the Indenture) however, regardless of the plan of distribution selected, will receive the distribution to be made on or shortly after the First Payment Date (as defined in the Indenture) and thereafter, distributions will be made monthly, semi-annually or annually depending upon the plan of distribution, chosen by the holder hereof.

  • The next computation shall be made as of the First Record Date and an amount in cash equal to the share of the Interest Account represented by this Certificate shall be distributed on the first day of the month following the month in which the First Record Date occurs, or within a reasonable period of time thereafter, to or upon the order of the registered holder of this Certificate at the close of business on the First Record Date.

  • Each share of common stock, par value $.01 per share (the "Common Shares"), of the Company outstanding on December 11, 1995 (the "First Record Date"), is entitled to one right (a "Right"), as defined in and subject to the terms and conditions of the Rights Agreement.

  • The first distribution shall be made on the First Distribution Date to all holders of record as of the First Record Date.

  • The first distribution to Certificateholders as of the First Record Date, however, shall be made to or upon the order of all holders of Certificates regardless of whether they have chosen to receive subsequent distributions on a different basis.

  • The fractional undivided interest represented by this Certificate in the cash balance in the Principal Account (after the deductions referred to below) shall be computed as of the First Record Date and thereafter as of May 15 and November 15 of each year commencing with the first such day following the First Record Date.

  • The First Purchase Option shall be deemed to be exercised on the First Record Date, at which time the decision to exercise the First Purchase Option shall be deemed irrevocable.

  • Certificates for Eligible Shares issued after the First Record Date and prior to the Second Record Date shall have the legend required under the Original Rights Agreement, and the reference in such legend to the Rights Agreement dated November 27, 1995, shall be deemed to include the amendments subsequently made thereto.

  • For monthly distributions the share of the balance in the Interest Account to be distributed to or upon the order of a Certificateholder who has elected to receive monthly distributions, after the First Distribution Date, shall be computed as of the Monthly Computation Date commencing with the first such day subsequent to the First Record Date and distribution made as provided herein on or shortly after the Monthly Distribution Date to the Certificateholder of record on the Monthly Computation Date.

  • Each share of Common Stock that becomes outstanding after the First Record Date is also entitled to a Right, subject to the terms and conditions of the Original Rights Agreement.


More Definitions of First Record Date

First Record Date means the date specified in Part II of the applicable Reference Trust Agreement.
View Source

Related to First Record Date

  • ADS Record Date shall have the meaning given to such term in Section 4.9.

  • Interest Record Date with respect to any Interest Payment Date, shall mean the June 1 or December 1 (whether or not such day is a Business Day) immediately preceding the applicable June 15 or December 15 Interest Payment Date, respectively.

  • Special Record Date for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 307.

  • Semi-Annual Record Date means the "Record Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • Partnership Record Date means the record date established by the General Partner for a distribution pursuant to Section 5.1(a) hereof, which record date shall be the same as the record date established by the General Partner for a distribution to its stockholders of some or all of its portion of such distribution.