Loan Securities definition

Loan Securities means those equity securities of the Corporation and/or or warrants, options or rights to purchase equity securities of the Corporation issued in connection with the sale by the Corporation, at any time during the Special Provision Period, of $1,500,000 principal amount of promissory notes, wherein the purchasers of such promissory notes (the "Note Purchasers") shall, if the Corporation shall have sold any equity securities during the Special Provision Period (whether common stock, preferred stock, warrants options or any combination thereof) in a transaction wherein the gross proceeds received by the Corporation equal or exceed $5,000,000 (a "Qualified Sale"), then upon the closing of the first such Qualified Sale, the Corporation shall issue to the Note Purchasers such number of shares of common stock, preferred stock, warrants, options, ETC., as the case may be, as shall have a value equal $1,500,000 (such value to be based upon the gross purchase price received by the Corporation in such Qualified Sale).

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Loan Securities means the Eligible Securities which may be borrowed by the Borrower from the Lender pursuant to the terms and conditions in this Agreement.

Loan Securities has the meaning set forth in Section 3.3(d).

Examples of Loan Securities in a sentence

Item 15: Exhibits, Financial Statement Schedules (SEE BELOW) SEE BELOW Instruction J(2)(b) (Significant Obligors of Pool Assets) – Part 1 of 3 Parts: ● Item 1112(b) of Regulation AB, but only to the extent that (i) such information was required to have been set forth in the prospectus relating to the Companion Loan Securities, (ii) such information was not so set forth and (iii) the applicable Servicer has not previously reported such information as “Additional Form 10-D Information”.
In such event, the Fund shall instruct State Street, at least ten (10) business days prior to the record date established for determining the identity of stockholders entitled to vote the Loan Securities, to terminate the Loan of the Loan Securities.
Instruction J(2)(b) (Significant Obligors of Pool Assets) – Part 2 of 3 Parts: ● Item 1112(b) of Regulation AB, but only to the extent that (i) such information was set forth in the prospectus relating to the Companion Loan Securities and (ii) the applicable Servicer has not previously reported such information or updated versions thereof as “Additional Form 10-D Information”.
In connection with any request for a Rating Agency Confirmation from a Rating Agency (or, with respect to any Serviced Companion Loan Securities, the related rating agencies) pursuant to this Section 3.08(b), the Special Servicer shall deliver a Review Package to such Rating Agency (or, with respect to any Serviced Companion Loan Securities, the related rating agencies) in accordance with Section 3.30 of this Agreement.
In connection with any request for a Rating Agency Confirmation from a Rating Agency (or, with respect to any Serviced Companion Loan Securities, the related rating agencies) pursuant to this Section 3.08(a), the Special Servicer shall deliver a Review Package to the 17g-5 Information Provider (or, with respect to any Serviced Companion Loan Securities, the related 17g-5 information provider) in accordance with Section 3.30 of this Agreement.
Upon the execution of an order from you to sell the Loaned Securities, IBIE will, provided that it has purchased or otherwise sourced such Loan Securities, terminate the Securities Loan in respect of such Loaned Securities and, instead of transferring securities to your account in accordance with paragraph 7 below, will be responsible for settling the sale of those Loaned Securities in accordance with the standard settlement cycle in the relevant market.
Item 15: Exhibits, Financial Statement Schedules (SEE BELOW) SEE BELOW Instruction J(2)(b) (Significant Obligors of Pool Assets) – Part 1 of 3 Parts: Item 1112(b) of Regulation AB, but only to the extent that (i) such information was required to have been set forth in the prospectus relating to the Companion Loan Securities, (ii) such information was not so set forth and (iii) the applicable Servicer has not previously reported such information as “Additional Form 10-D Information”.
Instruction J(2)(b) (Significant Obligors of Pool Assets) – Part 2 of 3 Parts: Item 1112(b) of Regulation AB, but only to the extent that (i) such information was set forth in the prospectus relating to the Companion Loan Securities and (ii) the applicable Servicer has not previously reported such information or updated versions thereof as “Additional Form 10-D Information”.
The holders of the Sponsor Loan Securities are not and will not be subject to personal liability by reason of being such holders; the Sponsor Loan Securities are not and will not be subject to the preemptive rights of any holders of any security of the Company or similar contractual rights granted by the Company; and all corporate action required to be taken for the authorization, issuance and sale of the Sponsor Loan Securities has been duly and validly taken.
Instruction J(2)(b) (Significant Obligors of Pool Assets) – Part 2 of 3 Parts: · Item 1112(b) of Regulation AB, but only to the extent that (i) such information was set forth in the prospectus relating to the Companion Loan Securities and (ii) the applicable Servicer has not previously reported such information or updated versions thereof as “Additional Form 10-D Information”.

More Definitions of Loan Securities

Loan Securities collectively refers to the Loan Warrants and the Loan Shares.

Loan Securities means the Borrowed Units delivered or to be delivered under the Loan and, if applicable, includes any certificates and other documents of or evidencing title and transfer thereof.

Loan Securities means interest bearing securities which do not have a share in the equity of the company.