Palladium Securities definition

Palladium Securities means Securities of the iShares Physical Palladium ETC Series.
Palladium Securities means the distressed preferred shares of FinanceCo I issued to the Beneficiary in connection with the Palladium Transaction.
Palladium Securities means Securities of the iShares Physical Palladium ETC Series. “participating securities” shall have the meaning given to it in the Uncertificated Regulations.

Examples of Palladium Securities in a sentence

  • As at 30 June 2022 the directors held the following interests in Metal Securities:• Evan Metcalf 1,670 ETFS Physical Gold Securities and 30 ETFS Physical Palladium Securities.• Kanish Chugh 690 ETFS Physical Gold Securities and 16 ETFS Physical Palladium Securities.

  • The TER set out below for each Series is applied to the Metal Entitlement on a daily basis to determine a daily deduction of an amount of Metal from the Metal Entitlement: (A) in respect of Gold Securities: 0.15% per annum; (B) in respect of Silver Securities: 0.40% per annum; (C) in respect of Platinum Securities: 0.20% per annum; and (D) in respect of Palladium Securities: 0.20% per annum.

  • Palladium Securities 1 S.A. (the "Company" or the "Issuer") was incorporated on 8 September 2004, for an unlimited duration, as a«société anonyme» under the Luxembourg Law of 22 March 2004 on securitisation, as subsequently amended (the "Securitisation Law") and the Law of 10 August 1915 on commercial companies, as subsequently amended (the "Commercial Law").

  • As at 31 December 2022, Directors held 2,360 (2021: 2,360) Global X Physical Gold Securities and 46 (2021: 46) Global X Physical Palladium Securities.

  • The Letter of Credit shall be issued to the Beneficiary, shall be non-transferable and shall support the payment of redemption payments on the Palladium Securities and shall not have an expiration date later than the Maturity Date.

  • As an example, the largest decrease in the Metal Securities was WisdomTree Physical Palladium Securities which dropped in value by 20.88% between 31 December 2020 and 31 December 2021.13.

  • The payments of interest and principal under the Instruments are subject to the Issuer having received corresponding payments from the Collateral and/or the Hedging Agreement (see section 6 and 7 below).The Instruments are debt obligations of Palladium Securities 1 S.A. (the “Company”) acting in respect of the Compartment 123-2013-23 (the “Issuer”).

Related to Palladium Securities

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Firm Securities means the number or amount of Securities that the several Underwriters are initially committed to purchase under the Underwriting Agreement (which may be expressed as a percentage of an aggregate number or amount of Securities to be purchased by the Underwriters, as in the case of a standby Underwriting Agreement). “Additional Securities” means the Securities, if any, that the several Underwriters have an option to purchase under the Underwriting Agreement to cover over-allotments. The number, amount, or percentage of Firm Securities set forth opposite each Underwriter’s name in the Underwriting Agreement plus any additional Firm Securities which such Underwriter has made a commitment to purchase, irrespective of whether such Underwriter actually purchases or sells such number, amount, or percentage of Securities under the Underwriting Agreement or Article XI hereof, is hereinafter referred to as the “Original Underwriting Obligation” of such Underwriter, and the ratio which such Original Underwriting Obligation bears to the total of all Firm Securities set forth in the Underwriting Agreement (or, in the case of a standby Underwriting Agreement, to 100%) is hereinafter referred to as the “Underwriting Percentage” of such Underwriter. For the avoidance of doubt, each Underwriter acknowledges and agrees that, for all purposes under this Agreement and otherwise (including, to the extent applicable, for purposes of Section 11(e) under the U.S. Securities Act of 1933 (the “1933 Act”)), each Underwriter’s Underwriting Percentage of the total number, amount, or percentage of Securities offered and sold in the Offering (including any Additional Securities), and only such number, amount, or percentage, constitutes the securities underwritten by such Underwriter and distributed to investors.1 References herein to laws, statutory and regulatory sections, rules, regulations, forms, and interpretive materials will be deemed to include any successor provisions.

  • Lock-Up Securities has the meaning specified in Section 5.6.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Index Securities means Securities of those companies which are at the relevant time the constituent companies of the Index, any Securities used to track the performance of such Securities constituting the Index at the relevant time or such other Securities designated by the Manager.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Securities has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture.

  • Series B Securities means the 11-1/2% Senior Notes due 2007, Series B, of the Company to be issued pursuant to this Indenture in exchange for the Series A Securities pursuant to the Registered Exchange Offer and the Registration Rights Agreement.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Placement Units shall have the meaning given in the Recitals hereto.

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase stock of the Corporation, and (iv) any other interest that would be treated as “stock” of the Corporation pursuant to Treasury Regulation § 1.382-2T(f)(18).

  • Offering Shares means the shares of Common Stock included in the units sold in the Offering; (iv) “Placement Shares” shall mean the shares of Common Stock sold as part of the Placement Units; (v) “Placement Warrants” shall mean the Warrants to purchase up to an aggregate of 172,500 shares of Common Stock that are included in the Placement Units; (vi) “Placement Units” shall mean the aggregate of 690,000 Units of the Company (each Placement Unit consists of one-fourth of one Placement Warrant and one Placement Share) sold in the Private Placement for a purchase price of $6,900,000; (vii) “Trust Account” shall mean the trust account into which net proceeds of the Offering and the Private Placement will be deposited; (viii) “Prospectus” shall mean the prospectus included in the registration statement filed by the Company in connection with the Offering, as supplemented or amended from time to time; (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Offering pursuant to which the Company has agreed to sell an aggregate of 690,000 Placement Units to FinTech Investor Holdings VI, LLC (580,000 Placement Units) and Cantor (110,000 Placement Units); (x) “Sponsor” shall mean, collectively, FinTech Investor Holdings VI, LLC, a Delaware limited liability company, and FinTech Masala Advisors VI, LLC, a Delaware limited liability company; (xi) “Insiders” shall mean the Sponsor, any holders of Founder Shares, any person who receives Placement Units, Founder Shares or their respective underlying securities as a Permitted Transferee and each officer and director of the Company; and (xii) references to completion of the Offering shall exclude any exercise of the Underwriters’ over-allotment option.

  • Offered Securities has the meaning set forth in Section 3.1(a).

  • Refused Securities has the meaning ascribed to such term in Section 4.1(c)

  • Series A Securities means the Company's 9.25% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027, as authenticated and issued under this Indenture.

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Available Securities means the securities of the Funds that are available for Loans pursuant to Section 3.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Placement Warrants shall have the meaning given in the Recitals hereto.