REPO Transactions. 6.11.1 REPO Transaction can only be performed in relation to the Professional Clients.
REPO Transactions. The Company may engage in repurchase and reverse repurchase transactions as well as buy and sell/sell and buy back transactions (“Repo Transactions”) in respect of securities comprised by the Portfolio. Securities comprised by such Repo Transactions shall for the time of such transaction be included in the calculation of the Remaining Portfolio Value.
REPO Transactions. The Repo transactions contemplated to be entered ----------------- into by the Purchasers upon consummation of the transactions contemplated hereby shall not, in the reasonable opinion of the Company, be likely or reasonably likely to result in the loss of the exemption from registration provided under Regulation S for the transactions contemplated hereby or the integration of the transactions contemplated hereby with the sale of Class A Common Stock in the IPO.
REPO Transactions. Twenty-eighth. In the Repo transactions performed by the Parties: (i) the Brokerage Firm will act as repurchaser and the Customer as repurchasee, (ii) they should establish, using any of the forms accepted in the terms of this agreement, the price, premium and term of the Repo, as well as the class of Securities subject thereto, as long as they are authorized in the terms of the Circulars, and (iii) will be subject, regarding anything not provided for in each transaction and in this agreement, to the provisions of the Act and the applicable Circulars.
REPO Transactions. Twenty-eighth. In the Repo transactions performed by the Parties: (i) the Brokerage Firm will act as repurchaser and the Customer as repurchasee, (ii) they should establish, using any of the forms accepted in the terms of this agreement, the price, premium and term of the Repo, as well as the class of Securities subject thereto, as long as they are authorized in the terms of the Circulars, and (iii) will be subject, regarding anything not provided for in each transaction and in this agreement, to the provisions of the Act and the applicable Circulars. The Customer accepts that Repo transactions will abide by the provisions and, if applicable, changes issued to this regard by the Bank of Mexico; in the understanding that any change thereto will be informed through its account statement or a separate document sent together with such account statement.
