Closing Transaction definition

Closing Transaction is a transaction in which Customer purchases securities which have been sold short.

Closing Transaction shall have the meaning specified in paragraph (a)(i)(A) of Section 13 of Part I of Article X of these Bylaws.

Closing Transaction means, the closing of a position in a Listed Product;

Examples of Closing Transaction in a sentence

• In the event Seller revises such Closing Notice in response to Purchaser’s comments, the revised statement incorporating revised estimates of the Estimated Modified Working Capital, Estimated Closing Net Indebtedness and Estimated Closing Transaction Expenses, as applicable, shall be treated as the Closing Notice hereunder.

• The Parties shall cooperate in arranging for the repayment of the Estimated Closing Indebtedness and Estimated Closing Transaction Expenses at the Closing.

• For so long as Preferred Shares are rated by S&P, the Corporation will engage in a Closing Transaction to close out any outstanding futures contract or option thereon in the month prior to the delivery month under the terms of such futures contract or option thereon unless the Corporation holds securities deliverable under such terms.

• The Independent Accounting Firm shall consider only those items and amounts in the Buyer’s and the Seller’s respective calculations of the Closing Net Working Capital, Closing Indebtedness, Closing Cash and/or Closing Transaction Expenses that are identified as being items and amounts to which the Buyer and the Seller have been unable to agree.

• The Independent Accounting Firm’s determination of the Closing Net Working Capital, Closing Indebtedness, Closing Cash and Closing Transaction Expenses shall be based solely on written materials submitted by the Buyer and the Seller (i.e., not on independent review).

More Definitions of Closing Transaction

Closing Transaction means, the closing of a position in a Contract;

Closing Transaction means the termination of a futures contract or option position by taking a position opposite thereto.

Closing Transaction. Any sale of a Mortgage Loan by the related Seller to Purchaser, structured as either a Wet Funding or a Dry Funding, wherein Purchaser wires the Disbursement Amount in accordance with the Escrow Agent Standing Wire Instructions subject to an obligation of such Seller to repurchase such Mortgage Loan pursuant to this Agreement.

Closing Transaction means a transaction in which Customer (i) purchases securities that have been sold short or (ii) purchases an Option of the same series as an Option previously written by it and still unexpired or unexercised, or in which Customer sells an Option of the same series as an Option previously purchased by it and still outstanding.

Closing Transaction means, the closing of a position in a ContractListed Product;

Closing Transaction means the termination of a futures contract or option position by taking an equal position opposite thereto in the same delivery month as such initial position being terminated.

Closing Transaction means any sale of a Mortgage Loan by a Seller to Buyer, structured as either a Dry Funding or a sale of a Wet-Ink Mortgage Loan, wherein Buyer purchases an Eligible Asset subject to an obligation of the related Seller to repurchase such Eligible Asset pursuant to this Agreement. It is understood that a Rollover Transaction is not a Closing Transaction hereunder, and that, as contemplated in Section 2.05(f), no Closing Transactions shall occur hereunder on or after the Restatement Closing Date.