Equivalent Margin Securities definition

Equivalent Margin Securities means Securities equivalent to Securities previously transferred as Margin Securities;

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Equivalent Margin Securities means, in respect of any Margin Securities, securities equivalent to such Margin Securities being securities of the same issue, forming part of the same issue and of an identical type, nominal value, description and amount as such Margin Securities.

Equivalent Margin Securities and “Equivalent Securities” mean, in relation to Margin Securities and Purchased Securities which are equity securities and which are partly paid, or have been converted, sub-divided, consolidated, redeemed, made the subject of a takeover, capitalisation issue, rights issue or event similar to any of the foregoing – (A) in the case of conversion, sub-division or consolidation, securities equivalent to the securities into which the relevant Securities have been converted, sub-divided or consolidated; provided that, if appropriate, notice has been given in accordance with paragraph 4 (a) of this Annex; (B) in the case of redemption, a sum of money equivalent to the proceeds of the redemption; (C) in the case of takeover, a sum of money or securities equivalent to the consideration or alternative consideration of which notice has been given in accordance with paragraph 4(a) of this Annex; (D) in the case of a call on partly paid securities, securities equivalent to the paid-up securities; provided that, in the case of Equivalent Securities, Seller or, in the case of Equivalent Margin Securities, the party which transferred the relevant Margin Securities shall have paid to the other party a sum of money equal to the sum due in respect of the call; (E) in the case of a capitalisation issue, securities equivalent to the relevant Securities together with the securities allotted by way of bonus thereon; (F) in the case of a rights issue, securities equivalent to the relevant Securities together with the securities allotted thereon; provided that notice has been given to the other party in accordance with paragraph 4(a) of this Annex; (G) in the event that income in the form of securities, or a certificate which may at a future date be exchanged for securities or an entitlement to acquire securities is distributed, securities equivalent to the relevant Securities together with securities or a certificate or an entitlement equivalent to those allotted; provided that notice has been given in accordance with paragraph 4(a) of this Annex; (H) in the case of any event similar to any of the foregoing, securities equivalent to the relevant Securities together with or replaced by a sum of money or securities or other property equivalent to that received in respect of such Securities resulting from such event.

Examples of Equivalent Margin Securities in a sentence

• If the other party agrees to the request, the exchange shall be effected, subject to paragraph 6(d), by the simultaneous transfer of the Equivalent Margin Securities and new Margin Securities concerned.

• On the date on which any Transaction is entered into pursuant hereto, and on each day on which Securities, Equivalent Securities, Margin Securities or Equivalent Margin Securities are to be transferred under any Transaction, Buyer and Seller shall each be deemed to repeat all the foregoing representations.

• If the other Party agrees to the request, the exchange shall be effected, subject to paragraph 8(d), by the simultaneous transfer of the Equivalent Margin Securities and new Margin Securities concerned.

• It is the intention of the parties that Party B will never have the right to have margin posted to it by Party A (although it will have the right, under proper circumstances to have Cash Margin repaid to it and Equivalent Margin Securities transferred to it) and the parties agree that the “Net Exposure” of Party B with respect to Party A be the lesser of (a) the “Net Exposure” determined in accordance with Section 4(c), and (b) Party B’s Net Margin posted to Party A.

• On the date on which any Transaction is entered into pursuant hereto, and on each day on which Securities, Equivalent Securities, Margin Securities or Equivalent Margin Securities are to be transferred under any Transaction, the Buyer and the Seller shall each be deemed to repeat all the foregoing representations.

• In particular, paragraph 5(b)(ii) will provide for the transfer of Equivalent Margin Securities to the transferor if the transferor has given a notice to the transferee under paragraph 5(b)(iii) and provided the transferee with appropriate additional information.

• If the other party agrees to the request, the exchange shall be effected, subject to clause 6.5., by the simultaneous transfer of the Equivalent Margin Securities and new Margin Securities concerned.

• November 1995 10 On the date on which any Transaction is entered into pursuant hereto, and on each day on which Securities, Equivalent Securities, Margin Securities or Equivalent Margin Securities are to be transferred under any Transaction, Buyer and Seller shall each be deemed to repeat all the foregoing representations.

• Paragraph 2 of the Equities Annex contains three important definitions, namely, of the terms "equities", "Equivalent Margin Securities" and "Equivalent Securities".

• If the other party agrees to the request, the exchange shall be effected, subject to paragraph 6.4., by the simultaneous transfer of the Equivalent Margin Securities and new Margin Securities concerned.

More Definitions of Equivalent Margin Securities

Equivalent Margin Securities. Securities equivalent to Securities previously transferred as Margin Securities; k) «Эквивалентные Маржинальные Ценные Бумаги» означает Ценные Бумаги, эквивалентные ранее поставленным Маржинальным Ценным Бумагам;

Equivalent Margin Securities means Equivalent Securities to Securities previously transferred as Margin

Equivalent Margin Securities and "Equivalent Securities" mean, in relation to Margin Securities and Purchased Securities which are equity securities and which are partly paid, or have been converted, sub-divided, consolidated, redeemed, made the subject of a takeover, capitalisation issue, rights issue or event similar to any of the foregoing: (ii) ”Efek Marjin Ekuivalen” ▇▇▇ ”Efek Ekuivalen” berarti, sehubungan dengan Efek Marjindan Efek Yang Dibeli yang merupakan Efek bersifat ekuitas ▇▇▇ ▇▇▇▇ dibayar sebagian, atau telah dikonversi, dibagi, dikonsolidasikan, ditebus, atau dijadikan objek akuisisi, objek kapitalisasi, objek hak memesan Efek terlebih dahulu atau peristiwa ▇▇▇▇ ▇▇▇▇ serupa dengan hal diatas yang terjadi di kemudian hari: