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 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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Examples of Insured shares in a sentence

  • That Synod 2007 receive the seventh point of the stated clerk‟s report for information.

  • 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.

  • 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.

  • Directional LockTotal LockLocking and Unlocking Casters Press tab to lockLocked CasterTotal Locking CastersTotal locking casters are indicated by a red BRAKE sticker on the locking lever.

  • 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.

  • If this is specified in the insurance policy, the civil liability of a spouse of the Insured and/or of any other person with whom the Insured shares the household is insured.

  • For the purpose of this insurance, the directors and/or employees of any company with whom the Insured shares the exhibition stand are considered to be employees of the Insured for the duration of the exhibition.

  • The claim referred to under item 1 shall not be transferred to the Insurer if the loss was caused by a person with whom the Insured shares a household or for whom the Insured is responsible unless such person caused the loss wilfully.

  • Insured shares in‌these credit unions decreased to $5.2 billion from $5.8 billion during 2006 representing approximately 1 percent of total insured shares at year-end.

  • Exclusions, is amended by the addition of the following:based on or arising out of any acts or omissions of any person or entity who is not an Insured under this policy, but with whom an Insured shares common office space.


More Definitions of Insured shares

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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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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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 Shares subject to an Award granted pursuant to this Plan.

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

  • Shares means the interests of Shareholders corresponding to the redeemable securities of record issued by the Fund under the Investment Company Act of 1940 that are held by the Intermediary.

  • 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 means the Common Shares comprising part of the Units;

  • 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 a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • 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 Company;

  • 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;