Acceptable Securities definition

Acceptable Securities means (a) securities of the same class or series, with the same rights, powers and benefits and of the same denomination, term and interest, or dividend, if any, as the securities issued and delivered by the Interested Person in exchange for the majority of the stock of the corporation acquired by the Interested Person, or (b) the class of common stock of the Interested Person which is beneficially owned by most persons.

Acceptable Securities shall have the meaning set forth in the Private Placement Memorandum.

Acceptable Securities means securities that (i) are legal investments under the laws of this Commonwealth for public sinking funds or for other public funds, (ii) are not in default as to principal or interest, (iii) have a current market value of not less than $50,000 nor more than $500,000, and (iv) are issued pursuant to a system of book-entry evidencing ownership interests of the securities with transfers of ownership effected on the records of the depository and its participants pursuant to rules and procedures established by the depository.

Examples of Acceptable Securities in a sentence

• All surety firms must be authorized to do business in the State of Utah and be listed in the U.S. Department of the Treasury Circular 570, Companies Holding Certificates of Authority as Acceptable Securities on Federal Bonds and as Acceptable Reinsuring Companies for an amount not less than the amount of the bond to be issued.

• All Bonds shall be in the form prescribed by the Contract Documents except as provided otherwise by Laws or Regulations, and shall be executed by such sureties as are named in the current list of “Companies Holding Certificates of Authority as Acceptable Securities on Federal Bonds and as Acceptable Reinsuring Companies” as published in Circular 570 (amended) by the Audit Staff, Bureau of Government Financial Operations, U.S. Treasury Department.

• At the expiry of the Buy-In Notice Delay, if the Provider(s) of Securities has not delivered the relevant Acceptable Securities, CDCC will initiate a cash trade on the open market.

• Once delivery is received by CDCC on the cash trade, CDCC will deliver the Acceptable Securities to the Receiver of Securities that requested the buy-in transaction.

• From and after the ADS Listing, the Company shall cause the ADS Program to have an ADS ratio sufficient to create a per-ADS price acceptable to the Necessary Backstop Parties that meets the listing standards of the Acceptable Securities Exchange.

More Definitions of Acceptable Securities

Acceptable Securities means securities that (i) are legal investments under the laws of the

Acceptable Securities means the equity securities determined by the Investment Adviser in its sole discretion to be acceptable for contribution, and which are in fact contributed, to the Fund by the Shareholders as their Capital Contributions.

Acceptable Securities means securities that (i) are legal investments under the laws of this

Acceptable Securities means securities listed on an Acceptable Stock Exchange, where, at the relevant time:

Acceptable Securities means (x) Cash and Cash Equivalents and (y) any issued and outstanding securities of Prime Group Realty Trust which (1) are freely transferable and publicly traded and (2) have a minimum per share market price of $12.75.

Acceptable Securities means (a) freely tradable common stock traded on a national securities exchange registered under Section 6(a) of the Exchange Act of a Person with a market value of its outstanding common stock owned by non-affiliates in excess of $100,000,000 or (b) debt securities rated by Standard and Poor’s of BB or better or, if not rated, which the Board believes would be so rated if a rating were requested. NINE ENERGY SERVICE, INC. SECOND AMENDED AND RESTATED STOCKHOLDERS AGREEMENT

Acceptable Securities means subordinated debt securities issued by the Company that (a) are subordinated to the Obligations on terms not less favorable to the Lenders than the Subordinated Notes, (b) contain covenants, events of default and mandatory redemption, repayment, prepayment or repurchase requirements no less favorable to the Company and the Lenders than those of the Subordinated Notes, (c) do not mature, and are not subject to any scheduled amortization, redemption, repayment, prepayment or repurchase requirement, prior to the date one year after the Term Loan Maturity Date and (d) are not Guaranteed by any of the Subsidiaries.