持有

Many retail investors were attracted to Argentinean bonds because of the high coupons.

这可能意味着，当流通完成的时候，持有平价债券的小额投资者将会开始出售他们持有的债券。

This shortens the distance between theoretical triggering value and practical value and thus unifies the situations in McDonald and Siegel (1986), Dixit and Pindyck (1994), Boyarchenko (2004). Forth, the idea of dynamic real options is introduced in order to overcome the drawback of static assumption in traditional theory.

第四，针对传统实物期权隐含假设投资前后市场条件不变的静态缺陷，引入动态实物期权的思路，并以实物期权的持有成本为例建立了相应的模型，发现持有成本和跳跃因素共同影响触发价值，甚至可能使触发价值下降到低于传统NPV原则下的触发价值。

This Agreement shall apply to all put, call or other options which Scottrade may have previously purchased, sold, executed, handled, endorsed or carried for my account and shall also apply to all put, call or other options which Scottrade may hereafter purchase, sell, handle, endorse or carry for my account and shall enure to Scottrade's benefit as now or hereafter constituted.

本合约适用於Scottrade以前代表本人购买、出售、签署、操作、背书或持有的所有卖权、买权或其它期权，也适用於Scottrade在今后将代表本人购买、出售、签署、处理、背书或持有的所有卖权、买权或其它期权。本合约无论现在和将来均维护Scottrade的利益。

Once any such stock certificate is issued and during the period that the Plan holds the Restricted Shares, Officer shall be entitled to all rights associated with the ownership of shares of Common Stock not so held, except as follows: if additional shares of Common Stock become issuable to Officer with respect to Restricted Shares due to an event described in Section 6 below, any stock certificate representing such shares shall be issued in the name of the Plan and delivered to the Committee or its representative and those shares of Common Stock shall be treated as additional Restricted Shares and shall be subject to forfeiture to the same extent as the shares of Restricted Shares to which they relate; if cash dividends are paid on any shares of Common Stock subject to the terms of this Agreement, those dividends shall be reinvested in shares of Common Stock and any stock certificate representing such shares shall be issued in the name of the Plan and delivered to the Committee or its representative and those shares of Common Stock shall be treated as additional Restricted Shares and shall be subject to forfeiture to the same extent as any other Restricted Shares; and Officer shall have no rights inconsistent with the terms of this Agreement, such as the restrictions on transfer described in Section 4 below.

一旦任何此类股票证书已颁发，在计划持有受限股的期间，管理人员有权享有与持有相应普通股股份有关的一切权利，但以下情况除外：如果由于以下第6条中所述的事件，导致可向管理人员发行额外的普通股股份，则任何代表该等额外股份的股票证书应以计划的名义发行并交付给委员会或其代表，且该等普通股股份应被视作额外的受限股，并和与其相关的受限股遵守同样的没收规定；如果对服从于本协议之条款的任何普通股股份支付现金股息，该等股息应重新投资到普通股股份中，任何代表该等股份的股票证书应以计划的名义发行并交付给委员会或其代表；以及管理人员不得拥有任何与本协议之条款（比如下述第4条中所述的转让限制）不一致的权利。

"Our strategy is to purchase the best parcels and keep them," says Rob Lench, managing director. We may 'top slice'– that is, sell off a certain proportion of that parcel if the price is right.

&我们的策略是买入最好的品种然后持有，&该基金执行董事罗布·莱恩奇说，我们可能会'高位减仓'，也就是说，如果价格合适，我们可能会卖掉一部分持有的品种。

Those who illegally hold more than 200 grams but less than 1,000 grams of opium or hold more than 10 grams of heroin but less than 50 grams of methylaniline or hold a large quantity of other drugs are to be sentenced to less than three years of fixed-term imprisonment or detention or control and, in addition, be sentenced to paying a fine.

第三百四十八条非法持有鸦片一千克以上、海洛因或者甲基苯丙胺五十克以上或者其他毒品数量大的，处七年以上有期徒刑或者无期徒刑，并处罚金；非法持有鸦片二百克以上不满一千克、海洛因或者甲基苯丙胺十克以上不满五十克或者其他毒品数量较大的，处三年以下有期徒刑、拘役或者管制，并处罚金；情节严重的，处三年以上七年以下有期徒刑，并处罚金。

At present Li Zejie reachs his to be filled with subordinately division extend, the report that the net tells hold of add up to is filled with share about 47%, among them the net is connected for the 2nd large stockholder, hold 19.84%, other in the report of small shareholder hold is filled with share to be close to 53%.

目前李泽楷及其旗下的盈科拓展、网通总计持有的电盈股份约47%，其中网通为第二大股东，持股19.84%，其他中小股东持有的电盈股份接近53%。

Article 13 Where a listed company is taken over by agreement, if the purchaser continues to increase shareholding or aggrandizing the control of the listed company after he comes to hold or control 30 percent of the shares issued by the listed company, he shall issue a takeover offer to all shareholders of the listed company to be taken over, which indicates a proposal to buy all the shares held by all the shareholders; if the takeover offer complies with the provisions stipulated in Chapter IV of these Measures, the purchaser may submit an application to the SCRC for exemption; upon exemption, the listed company may be taken over by agreement.

第十三条以协议收购方式进行上市公司收购，收购人所持有、控制一个上市公司的股份达到该公司已发行股份的百分之三十时，继续增持股份或者增加控制的，应当以要约收购方式向该公司的所有股东发出收购其所持有的全部股份的要约；符合本办法第四章规定情形的，收购人可以向中国证监会申请豁免；获得豁免的，可以以协议收购方式进行。

Any foreign-fundedenterprise that defrauds foreign exchange registration of foreign investmentsby means of false or misleading statement shall, once found, be subject to theliabilities for evasion of foreign exchange for the profits remitted outside asof the date of registration and other money in the form of capital account.

六、境内居民个人直接或间接持有以及境内机构直接持有境外企业股份，但未按规定办理境外投资外汇登记，各分局、外汇管理部不得为该境外企业并购的境内企业办理外资外汇登记。以虚假、误导性陈述等手段骗取外资外汇登记的外商投资企业，一经发现，追究其自登记之日起所汇出利润和其他资本项目款项的逃汇责任。

The conclusion of this paper shows that serious agency conflicts caused by sole state shareholders and equity dissevering between large shareholders who own non-tradable stock and small shareholders who own tradable stock, which is also based on agency conflicts in between them in circulation market , which finally result large shareholders' expropriation more serious.

本文研究表明，国有股&一股独大&与股权割裂使得持有非流通股的大股东与持有流通股的小股东之间产生了严重代理冲突，这种冲突是叠加在全流通市场上大股东与中小股东的代理冲突之上，从而导致我国证券市场上大股东侵害程度更为严重。

With Death guitarist Schuldiner adopting vocal duties, the band made a major impact on the scene.

随着死亡的吉他手Schuldiner接受主唱的职务，乐队在现实中树立了重要的影响。

But he could still end up breakfasting on Swiss-government issue muesli because all six are accused of nicking around 45 million pounds they should have paid to FIFA.

不过他最后仍有可能沦为瑞士政府&议事餐桌&上的一道早餐，因为这所有六个人都被指控把本应支付给国际足联的大约4500万英镑骗了个精光。