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beneficial

Law entitling a person to receive the profits or proceeds of property
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005
References in periodicals archive ?
[] Interest: Generally, the rate is 15%, but a 10% rate applies to interest beneficially owned by a financial institution (including an insurance company) and interest earned on trade receivables.
Sprott beneficially owned or controlled 2,500,000 shares and 2,500,000 warrants (representing approximately 5.8% on a non-diluted basis and 11.0% on a partially diluted basis).
Further, none of its officers or directors sold any shares beneficially owned by them in the offering.
Comment: As a result of the acquisition, the Fund beneficially owns, and Harrington exercises control and direction over, an aggregate of 30,992,500 common shares, representing approximately 13.32% of BNK's 232,689,292 issued and outstanding common shares.
* Interest: The rate is generally 10%.(16) There is no withholding on interest (1) paid or beneficially owned by either government or any agreed-on political subdivision or local authority thereof or (2) on a loan of at least three years made, guaranteed or insured by a government export credit agency.(17)
Following the transaction, Pacific West and its affiliates beneficially own 2,479,366 common shares in the capital of the Company, representing approximately 12.75% of the issued and outstanding securities of the Company on an undiluted basis.
When a REIT pays dividends to an individual who beneficially owns 10% or more, the dividends are taxed at the nontreaty rate.
Prior to such acquisition, Bloom Burton beneficially owned, directly and indirectly, 2,893,267 common shares and 1,479,240 common share purchase warrants representing approximately 5.84% of the issued and outstanding common shares on a non-diluted basis and 9.87% on a partially-diluted basis assuming exercise of the warrants.
The company is offering approximately 6.1M Class A shares and a selling shareholder is offering all 4.92M Class A shares it holds beneficially. The initial public offering price is expected to be between $16.50 and $18.50 per Class A share.
Immediately following the consummation of the merger, Dangdang Holding will be beneficially owned by Peggy Yu Yu, chairwoman of the board of directors of the company Guoqing Li, director and chief executive officer of the company and certain other members of the management of the company who have elected to roll over certain Shares beneficially owned by them, including Danqian Yao, senior vice president of the company Lijun Chen, vice president of the company and Min Kan, vice president of the company.