Principal Securities definition

Principal Securities has the meaning assigned to such term in Section 8.01(i).
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Principal Securities means all Options of the Issuer and all equity securities of the Issuer that carry a residual right to participate in the earnings of the Issuer and, on the liquidation or winding-up of the Issuer, in its assets, which in the case of an IPO, immediately before completion of the Issuer's IPO are beneficially owned, directly or indirectly by Principals, or over which Principals have control or direction, or in al other cases, which immediately before the issuance of the Exchange Notice confirming final acceptance, are beneficially owned, directly or indirectly by Principals, or over which Principals have control or direction.
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Examples of Principal Securities in a sentence

  • Principal securities transactions in non-regular way trades are recorded on the settlement date (the date on which the payment of funds and delivery of securities are to take place) with changes in value recorded on the Consolidated Statement of Financial Condition between trade and settlement dates.

  • Principal securities transactions in regular way trades are recorded on the trade date, the date on which an agreement is executed to purchase or sell a security.

  • If the number of Surplus Securities issued equals or exceeds 25% of the number of permitted Value Securities, then all Principal securities (including both Value Securities and Surplus Securities) will be subject to a Surplus Security Escrow Agreement.

  • Principal securities may only be transferred to new or existing Principals of the Issuer in accordance with the terms of Form 5D and subject to any legal or other restriction on transfer and to the approval of the Issuer's board of directors, may only be transferred to continuing or, upon their appointment, incoming directors or senior officers of the Issuer or a material operating subsidiary of the Issuer.

  • If the number of Surplus Securities issued does not exceed 25% of the number of permitted Value Securities, then all Principal securities (including both Value Securities and Surplus Securities) will be subject to a Value Security Escrow Agreement.

  • If the number of securities being issued is not supported by value or within parameters acceptable to the Exchange, all Principal securities must be deposited into a Surplus Security Escrow Agreement.

  • For any New Listing, the Exchange will require that all Principal securities of an Issuer be escrowed.

  • On watercraft where immersion suits are required, all personnel should don immersion suits as part of their orientation training.

  • Securities Financing Transactions (SFTs) 8.1 Securities Lending 8.1.1 Principal securities lending We consider that Best Execution is generally not owed in respect of securities loans entered into on a principal basis.

  • Principal securities with no fair market value, and their value stated in the consolidated balance sheets(1) Held-to-maturity bonds None(2) Shares of subsidiaries and affiliates ¥408 million(3) Other securitiesUnlisted stocks ¥519 millionPreferred securities ¥500 million Derivatives 1.

Related to Principal Securities

  • Physical Securities has the meaning set forth in Section 2.01.

  • Individual Securities shall have the meaning specified in Section 3.01(p).

  • Municipal Securities means municipal securities as described under “The Fund’s Investments—Municipal Securities” in the Memorandum.

  • Definitive Capital Securities means any Capital Securities in definitive form issued by the Trust.

  • Federal Securities means: (a) any direct general obligations of the United States of America (including obligations issued or held in book entry form on the books of the Department of the Treasury of the United States of America), for which the full faith and credit of the United States of America are pledged; (b) obligations of any agency, department or instrumentality of the United States of America, the timely payment of principal and interest on which are directly or indirectly secured or guaranteed by the full faith and credit of the United States of America.

  • Capital Securities means undivided beneficial interests in the assets of the Trust which rank pari passu with Common Securities issued by the Trust; provided, however, that upon the occurrence and continuance of an Event of Default (as defined in the Declaration), the rights of holders of such Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of such Capital Securities.

  • 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.

  • Securities as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

  • Original Securities means all Securities other than Exchange Securities.

  • Initial Securities As defined in the preamble hereto.

  • Offered Securities shall have the meaning specified in Section 5.03(b)(ii)(B).

  • Purchaser Securities means the Purchaser Shares, Purchaser Rights, Purchaser Units, Purchaser Warrants, collectively.

  • Designated Securities means securities issued by an Insured, or by any Affiliated Entity, or by any Fund to which such Insured or any Affiliated Entity provides any services.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Covered Securities means 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, preorganization 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.

  • 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.

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Regulation S Global Securities Appendix A

  • Registered Notes has the meaning specified in Section 2.1.

  • Additional Securities means such Securities which have been deposited pursuant to Section 2.05 to effect an increase over the number of Units initially specified in the Reference Trust Agreement.

  • Investor Securities means the securities eligible for registration pursuant to the Registration Rights Agreement.

  • Series A Securities means the Company's 10.01% Series A Junior Subordinated Deferrable Interest Debentures due March 15, 2027, as authenticated and issued under this Indenture.

  • Rated Securities means each Class of Securities that has been rated by one or both Rating Agencies at the request of the Seller.