Liquid Security definition

Liquid Security means a security that can be sold or disposed of in the ordinary course of business within seven calendar days at approximately its amortized cost.
Liquid Security means a Traded Security of which the Borrower owns in the aggregate less than five percent (5%).
Liquid Security means a security (i) that is immediately eligible for sale pursuant to a registration statement effective under the Securities Act (or in lieu of being immediately eligible for sale under such registration statement, is eligible to be resold in full by the holder under Rule 144 or Rule 145(d) of the Securities Act within 45 days after consummation of the Sale of the Company) or that the holder has a right to have registered under the Securities Act pursuant to a shelf registration under the Securities Act within 45 days after consummation of the Sale of the Company or that is immediately eligible for sale by the holder thereof pursuant to Rule 144(k) of the Securities Act or any similar provision then in force, (ii) that is listed or quoted on a United States national securities exchange or quoted in the United States Nasdaq National Market System, (iii) that is not subject to any "hold-back" or "lock-up" imposed by the issuer or a managing underwriter in connection with a public offering of the issuer or any other restriction on the disposition thereof under the terms of any agreement (other than any such agreement whereby the holder acknowledges its status under Rule 145(c) and the restrictions on its ability to sell such securities under the Securities Act by virtue thereof, provided that the securities are either registered for resale by the CIVC Group or eligible for resale in full under Rule 145(d) within 45 days after consummation of the Sale of the Company), (iv) of which at least $1 billion (valued at the then current market price) of such securities are held by nonaffiliates of the issuer thereof and (v) of which the members of the CIVC Group do not in the aggregate receive more than 5% of the total number of issued and outstanding shares of such security held by non-Affiliates of the issuer after giving effect to the transaction.

Examples of Liquid Security in a sentence

  • Credit LimitSecurity to be furnished However, in deserving cases, depending upon the merit of the proposal and Credit Worthiness of the Borrowing Units, Liquid Security may be relaxed to a reasonable extent in each case by the competent authority as below: Advances of Rs.50000/- to Rs.10 lakhs - General Manager; Advances above Rs.10 lakhs – NWCC,subject to control by the Chairman It is, however, to be ensured that the issue does not lead to delay in decision making.

  • Our stated goal is to support the DOE mission in climate change research by helping ...To determine the range of possible climate changes over the 21st century and beyond through simulations using a more accurate climate system model that includes the full range of human and natural climate feedbacks with increased realism and spatial resolution.

  • Xxxxxxxxx, X.D. Organization: Omeros Corporation CONFIDENTIAL TREATMENT Deemed Liquid Security hereunder shall be the Fair Market Value attributed to such Deemed Liquid Security under the Platform Development Agreement.

  • The date of determination of Fair Market Value of any Liquid Security shall be the later of [†].

  • Encryption solutions that encrypt entire disks, file folders, or individual files can be used to protect information on such devices.

  • From the reformers’ point of view, it was the Romanists who had “mangled” the unity of the Church, and they were themselves a “faction”.2 Since Calvin has seized the ecclesiastical high ground, he must now prove how Protestants are really a continuation of the true church.

  • Where Equitable Mortgage of immovable properties of the value equal to or more than the amount of loan is available, Liquid Security up to 10% of Loan amount is preferred.


More Definitions of Liquid Security

Liquid Security means a security identified and published by Fixed Income Money Market and Derivatives Association of India (FIMMDA)/
Liquid Security shall have the meaning ascribed to it in the Company's Third Amended and Restated Certificate of Incorporation, dated December 30, 2005.
Liquid Security means a security that is listed or quoted on a Securities Exchange and which had total trading volume of at least $10 million (or the foreign currency equivalent thereof) for the thirty (30) calendar days preceding the date of the closing of the relevant Qualifying Stock Disposition.

Related to Liquid Security

  • Bid Security means the bid security provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;

  • Liquid Securities means securities that are publicly traded on the New York Stock Exchange, the American Stock Exchange or the Nasdaq Stock Market and as to which the Company or any Restricted Subsidiary is not subject to any restrictions on sale or transfer (including any volume restrictions under Rule 144 under the Securities Act or any other restrictions imposed by the Securities Act) or as to which a registration statement under the Securities Act covering the resale thereof is in effect for as long as the securities are held; provided that securities meeting the foregoing requirements shall be treated as Liquid Securities from the date of receipt thereof until and only until the earlier of (a) the date on which such securities are sold or exchanged for cash or Cash Equivalents and (b) 180 days following the date of receipt of such securities. If such securities are not sold or exchanged for cash or Cash Equivalents within 180 days of receipt thereof, for purposes of determining whether the transaction pursuant to which the Company or a Restricted Subsidiary received the securities was in compliance with Section 4.11, such securities shall be deemed not to have been Liquid Securities at any time.

  • Exempt Security means any security that is expressly exempted from the preclearance or reporting requirements of the Code, where applicable.

  • Indexed Security means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at original issuance.

  • Unrestricted Certificated Security means a Certificated Security that is not a Restricted Security.

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

  • Asset-backed security means a security that is primarily serviced by the cash flows of a discrete pool of mortgages, receivables or other financial assets, fixed or revolving, that by their terms convert into cash within a finite period and any rights or other assets designed to assure the servicing or the timely distribution of proceeds to securityholders;

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • Component Security means with respect to an Index, each component security of that Index.

  • Permitted Security means any Security:

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph .32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).

  • Investment security means a marketable obligation in the form of a bond, note, or debenture, commonly regarded as an investment security and that is salable under ordinary circumstances with reasonable promptness at a fair value.

  • Hybrid Securities means any trust preferred securities, or deferrable interest subordinated debt with a maturity of at least 20 years, which provides for the optional or mandatory deferral of interest or distributions, issued by the Borrower, or any business trusts, limited liability companies, limited partnerships or similar entities (i) substantially all of the common equity, general partner or similar interests of which are owned (either directly or indirectly through one or more wholly owned Subsidiaries) at all times by the Borrower or any of its Subsidiaries, (ii) that have been formed for the purpose of issuing hybrid securities or deferrable interest subordinated debt, and (iii) substantially all the assets of which consist of (A) subordinated debt of the Borrower or a Subsidiary of the Borrower, and (B) payments made from time to time on the subordinated debt.

  • Certificated Security shall have the meaning given such term in Section 8-102(a)(4) of the UCC.

  • Listed Security means any security of the Company that is listed or approved for listing on a national securities exchange or designated or approved for designation as a national market system security on an interdealer quotation system by the National Association of Securities Dealers, Inc.

  • exchangeable security means a security of an issuer that is exchangeable for, or carries the right of the holder to acquire, or of the issuer to cause the acquisition of, a security of another issuer;

  • Uncertificated Security shall have the meaning given such term in Section 8-102(a)(18) of the UCC.

  • Book-Entry Security means a security evidencing all or part of a series of Securities, issued to the Depositary for such series of Securities in accordance with Section 3.03, and bearing the legend prescribed in Section 3.03.

  • Covered Security means a security as defined in Section 2(a)(36) of the Act, which includes: any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, pre-organization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security,” or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.

  • exchange-traded security means a security that is listed on a recognized exchange or is quoted on a recognized quotation and trade reporting system or is listed on an exchange or quoted on a quotation and trade reporting system that is recognized for the purposes of National Instrument 21-101 Marketplace Operation and National Instrument 23-101 Trading Rules;

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Book-Entry Preferred Security means a Preferred Security, the ownership and transfers of which shall be made through book entries by a Depositary.

  • Worthless security means a security whose cost of liquidation and delivery to the administrator would exceed the value of the security on the date a report is due under this chapter.

  • Relevant Security means the Stock, any other equity security of the Company or any of its subsidiaries and any security convertible into, or exercisable or exchangeable for, any Stock or other such equity security.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Book-Entry Capital Security means a Capital Security, the ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 5.11.