Sentences with phrase «become beneficial owners»

According to this, if the insured mentions his spouse, parents, or children as nominees in a policy, they automatically become beneficial owners of the claim benefits.

For instance, if you nominate your children, spouse, father or mother in an insurance policy, they become beneficial owners of the claim proceeds.

As long as PS Fund (along with any of its Related Persons) does not otherwise engage in (or has not otherwise engaged in) conduct that would otherwise result in its becoming an Acquiring Person by becoming the Beneficial Owner of 10 % or more of the shares of Common Stock then outstanding, PS Fund's solicitation and receipt of one or more revocable proxies from the Company's stockholders to be counted toward the number of shares of the outstanding Common Stock needed to cause a special meeting of stockholders to be called pursuant to and in accordance with the Bylaws, which proxies are given to PS Fund in response to a public solicitation of proxies made pursuant to, and in accordance with, Section 14 (a) of the Exchnage Act by means of a solicitation statement filed with the Commission on Schedule 15A, should not, of itself, cause PS Fund to become an Acquiring Person.

Not exact matches

Nearly 5,000 people have become «beneficial owners» of Greenpeace's plot of land next to the site of the proposed Heathrow runway.

Several MPs demanded that British territories — former colonies, some of which have become major tax havens — be forced to publish registers of the beneficial, or true, owners of offshore companies.

While they can become disobedient if their owner doesn't display strong leadership, this breed is easily trained and obedience training can be quite beneficial.

• Changing your results by changing your attitude • The importance of being sophisticated and how this is beneficial for growth • Maximizing your profits by increasing your exposure • Creating a wealth team • Becoming a successful business owner

If the proposed legislation were to become effective, both of these scenarios would require disclosure of all beneficial owners of the acquiring entity; the impact on a larger deal is unknowable at this time.