Redeemable security definition

Redeemable security. ’ means any secu-
Redeemable security. ’ means any security, other than short-term paper, under the terms of which the holder, upon its presentation to the issuer or to a person designated by the issuer, is entitled (whether absolutely or only out of surplus) to receive approximately his proportionate share of the issuer’s current net assets, or the cash equivalent thereof.
Redeemable security. ’ means any security, other than short-term paper, under the terms of which the holder, upon

More Definitions of Redeemable security

Redeemable security means any Security of any Series that, pursuant to the terms of such Series established pursuant to Section 2.2, is redeemable, in whole or part, at the election of the Company, whether upon the satisfaction of any conditions or otherwise.
Redeemable security. ’ means any security, other than short-term paper, under the terms of which the holder, upon its presentation to the issuer or to a person designated by the
Redeemable security means a security, other than an equity asset, that is issued for a fixed term and is redeemable at the end of that term at a specified value;
Redeemable security means any security under the terms of which the holder, upon its presentation to the Unit Trust or to any person designated by the Unit Trust, is entitled to receive approximately the proportionate share of the deposited property, or the cash equivalent thereof;
Redeemable security means any security, other than short-term paper, under the terms of which the holder, upon its presentation to the issuer or to a person designated by the issuer, is entitled (whether absolutely or only out of surplus) to receive approxi mately his proportionate share of the issuer's current net assets, or the cash equivalent thereof.
Redeemable security. ’ means any secu- rity, other than short-term paper, under the terms of which the holder, upon its presen- tation to the issuer or to a person designated

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