Net Capital Rule means Rule 15c3-1 promulgated under the Securities Exchange Act, including any successor rule under the Securities Exchange Act relating to net capital requirements of broker-dealers.
Net Capital Rule. Rule 15c3-1 under the Securities Exchange Act of 1934, as amended.
Net Capital Rule means Rule 15c3-1 under the Exchange Act.
Examples of Net Capital Rule in a sentence
Authorized firms may include primary dealers or regional dealers that qualify under Securities & Exchange Commission Rule 15C3-1 (Uniform Net Capital Rule), and qualified depositories.
These may include primary dealers, depository banks, or regional dealers that qualify under Securities and Exchange Commission Rule 15C3-1 (Uniform Net Capital Rule).
The Company is subject to the SEC Uniform Net Capital Rule 15c3-1 that requires the maintenance of minimum net capital equal to the greater of $250,000 or 6 2/3% of “Aggregate Indebtedness”, and requires that the ratio of aggregate indebtedness to net capital, both as defined, will not exceed 15 to 1.
The Company is also subject to the SEC’s Uniform Net Capital Rule (Rule 15c3-1).
The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (Rule 15c3-1), which requires the maintenance of minimum net capital.
More Definitions of Net Capital Rule
Net Capital Rule means Rule 15c3-1 promulgated pursuant to the 1934 Act.
Net Capital Rule will mean SEC Rule 15c3-1, including all Appendices and all SEC and FINRA interpretive guidance thereto.
Net Capital Rule means Rule 15c3-1 promulgated by the SEC.
Net Capital Rule has the meaning specified in Section 7.2(b)(i) hereof. The terms "aggregate indebtedness," "aggregate debit items," "secured demand note," "subordination agreements," and "net capital" are used as each is defined or otherwise given meaning in the Net Capital Rule.
Net Capital Rule means Rule 15c3-1 of the General Rules and Regulations as promulgated by the SEC under the Exchange Act (17 CFR 240.15c3-1), as such Rule may be amended from time to time, or any rule or regulation of the SEC which replaces Rule 15c3-1.
Net Capital Rule means Rule 15c3-1, adopted by the Commission under the Securities Exchange Act of 1934, as amended from time to time.
Net Capital Rule means Rule 15c3-1 promulgated under the Securities Exchange Act, including any successor rule under the Securities Exchange Act relating to net capital requirements of broker-dealers. “NFA” means the National Futures Association or any other regulatory body that succeeds to the functions of the National Futures Association. “Non-Consenting Lender” means any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01, and (b) has been approved by the Required Lenders. “Non-Defaulting Lender” means, at any time, each Lender that is not a Defaulting Lender at such time “Non-Extension Notice Date” has the meaning specified in Section 2.03(b)(iv). “Note” means a promissory note made by the Borrower in favor of a Lender evidencing Revolving Loans made by such Lender, substantially in the form of Exhibit H. “Notice of Loan Prepayment” means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit D or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower. “Obligations” means (a) all advances to, and debts, liabilities, obligations, covenants and duties of, any Loan Party arising under any Loan Document or otherwise with respect to any Loan or Letter of Credit, and (b) all costs and expenses incurred in connection with enforcement and collection of the foregoing, including the fees, charges and disbursements of counsel, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof pursuant to any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding; provided, that, Obligations of a Guarantor shall exclude any Excluded Swap Obligations with respect to such Guarantor. “OFAC” means the Office of Foreign Assets Control of the United States Department of the Treasury. “Organization Documents” means, (a) with respect to any corporation, the certificate or articles...