Eligible ETFs definition

Eligible ETFs any reasonably diversified exchange-traded funds that the Borrower requests be considered an “Eligible ETF” for purposes hereof, subject to the consent of the Administrative Agent to such exchange-traded fund being considered an “Eligible ETF” (such consent not to be unreasonably withheld or delayed). For the avoidance of doubt, neither leveraged exchange-traded funds nor synthetic exchange-traded funds (other than Qualified Synthetic ETFs) shall constitute “Eligible ETFs”.
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Eligible ETFs has the meaning given to it in paragraph 18.6(a) of Part I of Schedule 6 (Borrowing Base).
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Eligible ETFs means any Financial Instrument (other than a Non-Eligible ETF) which is a share in an exchange traded fund which:
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Examples of Eligible ETFs in a sentence

  • The Operating Guidelines set out in the IMA provide that “[a]ll transactions in Eligible ETFs will be effected through Eligible Sellers at market prices on a best execution basis in accordance with [the IMA], whether in the secondary market or via primary creations and redemptions.” Commission Discussion: The Commission appreciates the response.

  • The lists of SSE and SZSE sell-only securities are published on the HKEX website and will be updated from time to time.14.9 Eligible ETFs for Northbound trading under Shanghai Connect/Shenzhen ConnectThe ETFs to be included for Northbound trading under Stock Connect shall meet all the criteria set by regulatory authorities at any regular review.

  • The Manager shall obtain approval from the Company prior to including any ETF on the list of Eligible ETFs with more than 1% of par value of their holdings, based on the most recent disclosure of holdings, allocated to bonds of issuers that to the Manager’s actual knowledge based on publicly available information are in bankruptcy or in payment default.

  • Second, aligning Eligible Short Term-Asset maturities with principal cash flows from Eligible Bonds and Eligible ETFs in the SMCCF Investment Sub-Account in order to cover periodic prepayments of Secondary Market Facility Loans.

  • The Manager may select as an intermediary any brokerage firm that (i) is not an Affiliate of the Manager and (ii) for any purchase of Eligible Bonds and Eligible ETFs, that is also an Eligible Seller (as defined in the Investment Guidelines).

  • Periodically, but no less frequently than monthly, the Manager shall provide a list of Eligible ETFs to the Company, which will be based on these Investment Guidelines and any other criteria that the Company may apply, including, but not limited to, the size of the ETF and the composition of its holdings.

  • The Manager will purchase Eligible Bonds and Eligible ETFs in accordance with the pricing guidelines set forth in the Term Sheet.

  • The Company may direct the Manager to remove any ETF from the list of Eligible ETFs if such ETF appears on the ETF Default Report defined in Exhibit A-2.

  • The Manager shall not purchase any Eligible Bonds or Eligible ETFs if, after giving effect to such purchase: The SMCCF Equity Usage exceeds the Total UST Equity Allocated to the Facility.

  • In the event that the Manager receives notice seeking any consent, vote or other action in connection with Eligible Bonds or Eligible ETFs in the portfolio, it shall act in accordance with Section 2.5, consult with the Company regarding the matter and provide a recommendation to the Company with respect thereto; provided, that the Manager shall act in accordance with any direction from the Company.

Related to Eligible ETFs

  • Eligible elector means a person who meets the specific requirements for voting at a specific election or for a specific candidate, ballot question, or ballot issue. If no specific provisions are given, an eligible elector shall be a registered elector, as defined in subsection (35) of this section.

  • Eligible group means two or more persons who are engaged in a

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Eligible employer means an employer that:

  • Eligible Employees means each employee of the Company or an Affiliate.

  • Eligible veteran means an individual who is certified by the Wisconsin Department of Veterans Affairs as meeting all of the following conditions:

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Eligible applicant means a school district, joint

  • Qualified Participant means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

  • Eligible adult means any of the following:

  • Eligible pupil means a pupil who has been expelled from school under the mandatory expulsion provisions in section 1311 or 1311a of the revised school code, MCL 380.1311 and 380.1311a, a pupil who has been suspended or expelled from school under a local policy, a pupil who is referred by a court, a pupil who is pregnant or is a parent, a pupil who was previously a dropout, or a pupil who is determined by the district to be at risk of dropping out.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.

  • Eligible program means a program of education or training which:

  • Designated Participant means such employees or officers of the Company or a related entity of the Company as the Board may designate from time to time as eligible to participate in the Plan;

  • Eligible child means the children of:

  • Small employer carrier means any carrier that offers health benefit plans covering eligible employees of one or more small employers in this state.

  • Eligible casual employee means a casual employee employed during a period of at least 12 months, either:

  • Eligible Unit means, as of the time any Liquidating Gain is available to be allocated to an LTIP Unit or a Performance Unit, an LTIP Unit or Performance Unit to the extent, since the date of issuance of such LTIP Unit or Performance Unit, such Liquidating Gain when aggregated with other Liquidating Gains realized since the date of issuance of such LTIP Unit or Performance Unit exceeds Liquidating Losses realized since the date of issuance of such LTIP Unit or Performance Unit, as applicable.

  • Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company or series thereof as a BDC for this purpose).

  • Eligible Executive means any employee of the Company or an Affiliate of the Company who (i) is designated by the Committee as an “Eligible Executive” who is eligible to participate in the Plan; (ii) has executed and returned a Participation Agreement to the Company; (iii) is not covered under any other severance plan, policy, program or arrangement sponsored or maintained by the Company or any of its Affiliates; and (iv) is not a party to an employment or severance agreement with the Company or any of its Affiliates pursuant to which such employee is eligible for severance payments or benefits. The Committee shall have the sole discretion to determine whether an employee is an Eligible Executive. Eligible Executives shall be limited to a select group of management or highly compensated employees within the meaning of Sections 201, 301 and 401 of ERISA.

  • Eligible patient means an individual who meets all of the following conditions:

  • eligible penalty means a judgment, penalty or fine awarded or imposed in, or an amount paid in settlement of, an eligible proceeding;

  • Eligible Crisis or Emergency means an event that has caused, or is likely to imminently cause, a major adverse economic and/or social impact to the Recipient, associated with a natural or man-made crisis or disaster.

  • Covered Participant means a Participant who is a “covered employee” as defined in Section 162(m)(3) of the Code, and the regulations promulgated thereunder, and any individual the Committee determines should be treated as such a covered employee.