ETP Securities definition

ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

ETP Securities are the ETP Securities of the relevant Series of ETP Securities for the time being outstanding and include any replacement ETP Securities issued pursuant to the Conditions only and not to all ETP Securities that may be issued under the Programme.

ETP Securities means securities issued by GraniteShares Financial plc pursuant to the Programme.

Examples of ETP Securities in a sentence

• Application has been made to the London Stock Exchange for the ETP Securities to which these Final Terms apply to be admitted to trading on the Main Market of the London Stock Exchange.

• The Authorised Participants and their respective affiliates may also issue or underwrite additional securities or trade other products the return on which is linked to the value of an Index or Investment Strategy linked to a Series of ETP Securities or other similar strategies.

• These trading activities, if they influence the value of an Index or Investment Strategy to which a Series of ETP Securities is linked, could be adverse to the interests of the ETP Securityholders.

• These trading activities may present a conflict between the holders of the ETP Securities and the interests the Authorised Participants and their respective affiliates may have in their proprietary accounts, in facilitating transactions, including options and other derivatives transactions, for their customers and in accounts under their management.

• The Authorised Participant will act as a market maker and may also offer the ETP Securities to the public in over-the-counter transactions during the Offer Period.

• Conditions to which the offer is subject: Offers of the ETP Securities are conditional upon their issue and, as between the Authorised Offeror(s) and their customers, any further conditions as may be agreed between them.

• An increased level of investment in these products may negatively affect the level of an Index or Investment Strategy to which a Series of ETP Securities is linked and therefore the amount payable in respect of such Series of ETP Securities on their stated maturity date or any prior redemption date, as applicable, and the market value of such ETP Securities.

• Description of the application process: The ETP Securities are being made available by the Issuer for subscription only to Authorised Participants who have submitted a valid subscription order to the Issuer.

• The number of ETP Securities issued will not vary based on the results of an offer and as a result, there is no necessity to notify the public of the results of any offer.

• The Authorised Participant may hold the ETP Securities on its inventory.

More Definitions of ETP Securities

ETP Securities means the [insert description of the Series of ETP Securities including currency and title of the Series] constituted by the Trust Deed pursuant to Clause 2 below with Series number [●]. For the avoidance of doubt, references to the “ETP Securities” shall include all Tranches of the Series which are consolidated to form a single Series with the ETP Securities comprising such Series irrespective of the date of issue of such Tranche.

ETP Securities means, as the context may require, any or all securities issued by the Issuer under the Programme.

ETP Securities means, unless the context otherwise requires, the securities in the form of notes issued in respect of this Series, as further described in the Final Terms.