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”.

Eligible ETFs has the meaning given to it in paragraph 18.6(a) of Part I of Schedule 6 (Borrowing Base).

Eligible ETFs means any Financial Instrument (other than a Non-Eligible ETF) which is a share in an exchange traded fund which:

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.

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

• 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.

• Conversion ratio of fuel-N along the height of combustion chamber – 21%O2 (a) and 25%O2 (b) The strongest influence of a higher O2 concentration can be observed in NO behaviour with the most significant differences near the secondary gas inlet (0.55 m).

• Eligible ETFs need not disclose the costs of assembling a creation unit,17 but should disclose that investments will be subject to brokerage commissions.

• 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.

• 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).