Insured shares definition

Insured shares means the total amount of a credit union’s share, share draft and share certificate accounts, or their equivalent under state law (which may include deposit accounts), authorized to be issued to members, other credit unions, public units, or nonmembers (where per- mitted under the Act or equivalent state law). ‘‘Insured shares’’ does not include amounts in excess of insurance coverage as provided in part 745 of this chapter; and
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Insured shares means the total amount of a federally insured credit union’s share, share draft and share certificate accounts, or their equiva- lent under state law (which may in- clude deposit accounts), authorized to be issued to members, other credit unions, public units, or nonmembers (where permitted under the Act or equivalent state law), but does not in- clude amounts in excess of insurance coverage as provided in part 745 of this chapter.
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Insured shares means the total amount of a credit union’s share, share draft and share certificate accounts, or their equivalent under state law (which may include deposit accounts), author- ized to be issued to members, other credit unions, public units, or nonmem- bers (where permitted under the Act or equivalent state law). ‘‘Insured shares’’does not include amounts in excess of insurance coverage as provided in part 745 of this chapter; and
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Examples of Insured shares in a sentence

  • Due to a Wrongful Act of an individual with whom any Insured shares common office space or common office facilities and who is not an Insured under this Policy.

  • For a Wrongful Act of any person or entity with whom the Insured shares a common office space at theInsured’s premises and who is not an Insured under this Policy; orBrought against and Insured if such Claim arises solely out of a Wrongful Act of any other person or lawyer who is not an Insured including but not limited to claims based upon theories of partnership by estoppel, apparent partnership, apparent agency, ostensible agency, vicarious liability or any similar theory.

  • The available Aggregate Limit of each Named Insured is reduced by all amounts we pay for liability covered with respect to that Named Insured.Named Insured shares in that Named Insured’s Coverage A Limits of Liability, even if Coverage B is shown in the Declarations Page.

  • Insured shares and deposits, as described in Part 745 of the NCUA's regulations, are authorized by state law and issued to members (or nonmembers in the case of low-income designated credit unions), other credit unions, or gov ernment depositors.

  • Insured will then transfer the Tax-Exempt shares to its shareholders on a pro rata basis according to the number of Insured shares held by those shareholders, and Insured will then, in effect, be completely liquidated, and the designation of that series will be discontinued.

  • Any Wrongful Act committed by any Attorney with whom any Insured shares common office space or office facilities, but whichif said Attorney is not identified as an Insured Attorney in Item 3 of the Declarations.; orP.

  • Due to a Wrongful Act of an individual with whom any Insured shares common office space or common office facilitiesand who is not an Insured under this Policy.

  • The Insured shares a percentage of the expenses for the health goods or services received, pursuant to the table of covered benefits and coinsurance that is included at the end of this Agreement.


More Definitions of Insured shares

Insured shares means the total amount of a credit union’s share, share draft and share certificate accounts authorized to be issued to members, other credit unions or public units, exclusive of amounts in excess of insurance coverage limits as provided in 12 CFR Part 745, and, in the case of a federally insured state chartered credit union, shall include deposit accounts of members, other credit unions and public units if authorized by state law;
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Insured shares means the total amount of a credit union’s share, share draft and share certificate accounts, or their equivalent under state law (which may include deposit accounts), authorized to be issued to members, other credit unions, public units, or nonmembers (where permitted under the Act). “Insured shares” does not include amounts in excess of insurance
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Related to Insured shares

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • Optioned Shares means the shares of Common Stock that are issued pursuant to the exercise of the Options;

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

  • Plan Shares means the total number of Common Shares which may be reserved for issuance as Optioned Shares under the Plan as provided in §2.2;

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • Reserved Shares means initially, [ ] Shares. The Reserved Shares may be increased or decreased in a Supplemental Confirmation.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Unvested Shares means "Unvested Shares" as defined in the Award Agreement.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Common Shares means the common shares in the capital of the Corporation;

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

  • Escrowed Shares has the meaning set forth in Section 2.4.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Listed Shares means shares which are traded or listed on an approved stock exchange;