Qualifying Security definition

Qualifying Security means, at any time of determination, any Security (1) which is common stock, beneficial interest in a trust, or the equivalent thereof, (2) which is owned by, and registered in the name of, Borrower or a Guarantor and (3) which at such time meets all of the following conditions (which compliance Agent shall have the right to confirm):
Qualifying Security means any HMBS originated by RMF.
Qualifying Security means each Security issued by a Qualifying Issuer and owned solely by, and registered solely in the name of, the Borrower or a Guarantor, other than a Security of a Qualifying Issuer which:

Examples of Qualifying Security in a sentence

  • Security Evacuation Services must be requested within 5 days of the announcement or commencement of the Qualifying Security Event.

  • Company reserves the right to determine, in its sole discretion (i) whether a Traveling Member is experiencing a Qualifying Security Event sufficiently serious to warrant Security Evacuation Services, and (ii) the mode of transport.

  • Evacuation shall be requested within 7 days of the occurrence of any such Qualifying Security Incident.

  • In the event of a Qualifying Security Incident affecting a Traveler, subject to the conditions, exclusions, and limitations in this Agreement, Redpoint will advise, provide, arrange and pay all necessary services for air and/or surface transport to the Traveler’s Country of Residence.

  • RMIT shall purchase such Qualifying Security from Brean for the price at which Brean purchased such Qualifying Security from RMF, excluding any fees or commissions to be paid by RMF to Brean in accordance with Section 6(a)(i)(B) below.


More Definitions of Qualifying Security

Qualifying Security. Super Majority Lenders", "Total Liabilities" or "Unsecured Liabilities" in Clause 1.1 (Defined Terms); or
Qualifying Security has the meaning assigned by the first paragraph of section 2 of the Cooperative Investment Plan Act;
Qualifying Security means together the First Qualifying Security Documents and any other security granted in respect of the Intercompany Indebtedness which is assigned to the Agent as security for the Indebtedness.
Qualifying Security means a security meeting the requirements of section 965.85; “qualifying share” means a share meeting the requirements of any of sections 965.74 to 965.76, other than a share referred to in section 965.79;
Qualifying Security means security in the form of: (i) immediately available funds held by a trustee for the benefit of the other Owners and invested at the direction of Agent; (ii) debt securities with less than 6 months to maturity issued by the U.S. Government or U.S. Government Agencies, bank certificates of deposit with a bank having at least a credit rating on their senior unsecured debt obligations of AA- from S&P and Aa3 from ▇▇▇▇▇’▇, or bank commercial paper or corporate commercial paper with at least a credit rating of A1 from S&P and P1 from ▇▇▇▇▇’▇, held by the other Owners, a trustee or other appropriate escrow agent for the benefit of the other Owners and reinvested within the guidelines of this Section 10.07(c)(i); (iii) an irrevocable transferable letter of credit issued for the benefit of the other Owners (or their assignee), having a stated expiration date of not earlier than one year after the date of original issuance, issued by a United States branch of any bank, the senior unsecured debt obligations (or long-term deposits) of which are rated by at least one rating agency and are rated at least “AA-” (or the equivalent thereof) by each rating agency providing a rating of such obligations (or deposits) as of the date of the issuance of such letter of credit or bank otherwise suitable to Agent; (iv) an unconditional guaranty to the other Owners from an entity the senior unsecured debt obligations of which are rated by at least one rating agency and are rated at least “AA-” (or the equivalent thereof) by each rating agency providing a rating of such obligations; (v) other security acceptable to Agent; or (vi) a combination of the obligations set forth in clauses (i) through (v) above.
Qualifying Security means any security:
Qualifying Security means a qualifying security within the meaning of the cooperative investment plan. History: 1986, c. 15, s. 150; 1987, c. 21, s. 67; 1988, c. 41, s. 89; O.C. 2000-88; 1992, c. 1, s. 145; 1994, c. 16, s. 51; 1995, c. 63, s. 108; 1997, c. 3, s. 71; 1999, c. 8, s. 20; 2003, c. 29, s. 139; O.C. 222-2004; 2006, c. 8, s. 31; 2017, c. 29, s. 168. GENERAL PROVISION (a) 100% in the case of a qualifying security, other than such a security referred to in the second paragraph, acquired after 31 December 1985 and before 13 June 2003; and (b) 75% in the case of a qualifying security, other than such a security referred to in the second paragraph, acquired after 12 June 2003 and before 1 January 2005. The adjusted cost of a qualifying security acquired by an individual within the scope of a workers investment program referred to in Division 4.1 of the cooperative investment plan is obtained by multiplying the cost to the individual of the security, determined without taking into account the borrowing costs or other costs related to the acquisition incurred by the individual, by (a) 125%, where the individual acquires the security after 16 May 1989 and before 13 June 2003; and (b) 93.75%, where the individual acquires the security after 12 June 2003 and before 1 January 2005. History: 1986, c. 15, s. 150; 1987, c. 21, s. 68; 1990, c. ▇, ▇. 142; 1997, c. 3, s. 71; 2004, c. 21, s. 241; 2006, c. 37, s. 37. 36.1. Where a qualifying security is acquired by an individual within the scope of the issue of that security by a qualified cooperative that holds, for the year in which the security is issued, a valid certificate issued by the Minister of Economic Development, Innovation and Export Trade certifying that the qualified cooperative is a small or medium-sized cooperative, within the meaning of the cooperative investment plan, the following rules apply: (a) the percentages specified in subparagraph a of the first and second paragraphs of section 965.36 shall be increased by 25 points, where the qualifying security is acquired after 2 May 1991 and before 13 June 2003; and (b) the percentages specified in subparagraph b of the first and second paragraphs of section 965.36 shall be increased by 18.75 points, where the qualifying security is acquired after 12 June 2003 and before 1 January 2005. History: 1992, c. 1, s. 146; 1994, c.16, s. 51; 1997, c. 14, s. 171; 1999, c. 8, s. 20; 2002, c. 40, s. 95; 2003, c. 29, s. 135; O.C. 222-2004; 2004, c. 21, s. 242; 2006, c. 8, s. 31; 20...