Benchmark Securities definition

Benchmark Securities means the Traded Securities specified by the Minister of Finance, especially those concerning fixed income Traded Securities with a maturity of no less than one year and a nominal value of no less than PLN 10 billion, or the Traded Securities being subject of a regular sale through tender proceedings whose value is PLN 2 billion or more;

Benchmark Securities means the Traded Securities specified by the Minister of Finance especially those concerning fixed income Traded Securities with a maturity of no less than one year and a nominal value of no less than PLN 2 billion;

Benchmark Securities means the most actively traded security for each maturity

Examples of Benchmark Securities in a sentence

• Article 32 – Lists of Securities The Company publishes and provides the Participants, via the System, with the list of Traded Securities traded on the Market, with indication of the Benchmark Securities and the Traded Securities eligible for fixing procedure.

• The maximum b/o spread and the minimum quoting quantity are defined in Table A Table A: Quoting Parameters of Benchmark Securities Benchmark Securities *The maximum Spread is set in ticks, where 1 tick = 0.01% of the nominal value of Traded Securities or, for Treasury bills, of the yield.

• The maximum spread applies to double-side Proposals concerning Benchmark Securities and will be set by the Company upon agreeing with the Issuer.

• Table A Table B CategoryCash MarketInstitutional SegmentBenchmark Securities--Other Trading Securities different from Benchmark Securities EUR 0.5 million -Liquid Trading Securities defined by the European Securities and Markets Authority, traded on the basis of the provisions referred to in Article 27a and 27b of theRules EUR 6 million - 2.

• Minimum daily time to quote all Benchmark Securities as well as Liquid Securities attributed to individual Market Maker, amounts to five hours during the Open Market phase.2. Market Makers are obliged to quote their double-side Proposals and comply with maximum bid/offer spread and minimum quantity, according to the requirements for specific classes and Traded Securities groups, as in the table below, except for sec.

• Article 32 – Publication of the Lists of Securities The Company makes public and makes available to Participants via System lists of Securities that are traded on the Market, with indication of Benchmark Securities, Liquid Securities, Regular Securities and Securities eligible for the fixing procedure.

• No amount will be paid to, or in respect of, a Participant under the Plan to compensate for a downward fluctuation in the price of the Benchmark Securities nor will any other form of benefit be conferred upon, or in respect of, a Participant for such purpose.

• Fannie Mae, “Noncallable Benchmark Notes Distribution Reports,” Benchmark Securities, YTD 2013, available at http://www.fanniemae.com/portal/funding-the-market/debt/reports/noncallable-benchmark-notes-distribution-rpts.html.

• As long as the Benchmark Securities are listed on a Canadian exchange, all amounts paid or values to be determined under the Plan shall be in Canadian dollars then converted to U.S. dollar amounts payable under the Plan as applicable.

• No grant of Phantom Units under the Plan shall entitle a Participant or Beneficiary to any rights of a holder of the Benchmark Security and under no circumstances are Phantom Units to be considered Benchmark Securities.

More Definitions of Benchmark Securities

Benchmark Securities means the Traded Securities specified by the Minister of Finance in consultation with the Securities Market Participant Board, Securities offerings, especially those concerning fixed income bonds with a maturity of no less than one year and a nominal value of no less than PLN 2,5 billion, as listed in Annex B, which may be amended from time to time;

Benchmark Securities means, for each Market Segment, the most actively traded

Benchmark Securities means, with respect to any class of Company Securities, the aggregate number of such securities sold or proposed to be sold by the DLJ Entities (other than to their Permitted Transferees) subsequent to the date hereof until the first to occur of (i) the aggregate number of such securities so sold or proposed to be sold by the DLJ Entities (other than to their Permitted Transferees) equals 50% of the Initial Ownership of such class of Company Securities of the DLJ Entities and (ii) the aggregate amount in cash (net of any commissions, fees or expenses) collectively received or to be received by the DLJ Entities, without duplication, as a result of the sale subsequent to the date hereof or proposed sale of any such class of Company Securities, (other than to their Permitted Transferees) shall equal the aggregate amount invested by the DLJ Entities as of such date in such class of Company Securities.

Benchmark Securities means the aggregate number of Common Shares, Preferred Shares or Warrants sold or proposed to be sold by the DLJ Entities (other than to their Permitted Transferees) subsequent to the date hereof

Benchmark Securities means the aggregate number of Common Shares, Preferred Shares or Warrants sold or proposed to be sold by the DLJ Entities (other than to their Permitted Transferees) subsequent to the date hereof until the first to occur of (i) the aggregate number of Common Shares, Preferred Shares or Warrants so sold or proposed to be sold by the DLJ Entities (other than to their Permitted Transferees) equals 25% of the Initial Ownership of Common Stock, Preferred Stock or Warrants of the DLJ Entities and (ii) the aggregate amount in cash (net of any commissions, fees or expenses) collectively received or to be received by the DLJ Entities, without duplication, as a result of the sale subsequent to the date hereof or proposed sale of any such Common Shares, Preferred Shares or Warrants (other than to their Permitted Transferees) shall equal the aggregate amount invested by the DLJ Entities as of such date in Common Shares, Preferred Shares or Warrants.