Riskless principal transaction definition
Riskless principal transaction means a transaction in which a dealer buys a security from any person and makes a simultaneous offsetting sale of such security to a qualified institutional buyer, including another dealer acting as riskless principal for a qualified institutional buyer.
Riskless principal transaction means a transaction in which a Financial Institution, after having received an order from a Retirement Investor to buy or sell an asset, purchases or sells the asset for the Financial Institution's own account to offset the contemporaneous transaction with the Retirement Investor. A Riskless Principal Transaction is not a Covered Principal Transaction.
Riskless principal transaction means a principal transaction where a member, after having received [from a customer] an order to buy, purchases the security as principal [from another member or customer] to satisfy the order to buy or, after having received [from a customer] an order to sell, sells the security as principal [to another member or customer] to satisfy the order to sell.
More Definitions of Riskless principal transaction
Riskless principal transaction means a transaction in which a dealer buys a security from any person and makes a simultaneous offsetting sale of such security to a qualified institutional buyer, including another dealer acting as riskless principal for a qualified institutional buyer. investment trust whose assets consist solely of shares of one or more registered investment companies, that have the same investment adviser, or, in the case of unit investment trust, the same depositor)6 which own in the aggregate at least $100 million in securities of issuers other than issuers that are affiliated with the investment company or are part of such family of investment companies. Initial 7. Subscriber is (i) a bank as defined in Section 3(a)(2) of the Securities Act, a savings and loan association or other institution as referenced in Section 3(a)(5)(A) of the Securities Act or any foreign savings bank or savings and loan association or equivalent institution, acting for its own account or the accounts of other qualified institutional buyers under one or more of the categories contained in this Part III, that in the aggregate owns and invests on a discretionary basis at least $100 million in securities of issuers that are not affiliated with it and that has an audited net worth of at least $25 million as demonstrated in its latest annual financial statements, as of a date not more than, if a U.S. bank or savings and loan, 16 months preceding the date hereof and, if a foreign bank or savings and loan, 18 months preceding the date hereof. 6 For purposes of the definition of “family of investment companies”, each series of a series company (as defined in the 1▇▇▇ ▇▇▇) shall be deemed to be a separate investment company and investment companies shall be deemed to have the same investment adviser (or depositor) if their advisers (or depositors) are majority-owned subsidiaries of the same parent or if one investment company’s adviser (or depositor) is a majority-owned subsidiary of the other investment company’s adviser (or depositor). SHAREHOLDERS AGREEMENT (this “Agreement”), dated as of ___, 200_, among [New D▇▇▇ Corporation], a [___] corporation (the “Company”),1 Centerbridge Capital Partners, L.P., a Delaware limited partnership (“Centerbridge”), and CBP Parts Acquisition Co. LLC, a Delaware limited liability company (together with any Qualified Purchaser Transferee thereof, “Purchaser”).
Riskless principal transaction means a transaction in which a dealer buys a
Riskless principal transaction means a transaction in which a dealer buys a security from any person and makes a simultaneous offsetting sale of such security to a qualified institu- tional buyer, including another dealer acting as riskless principal for a qualified institutional buy- er.
Riskless principal transaction means a transaction in which a Financial Institution, after having received an order from a Retirement Investor to buy or sell an
Riskless principal transaction means a transaction in which a dealer buys a security from any person and makes a simultaneous offsetting sale of such security to a qualified institutional buyer, including another dealer acting as riskless principal for a qualified institutional buyer. ### ABAG FINANCE i\llTHORITY FOR NONPROFIT CORPORATIONS MULTIFAMILY HOUSING REVENUE NOTE (PRESIDIO EL CAMINO APARTMENTS) $7,700.000 2011 SERIES A DATED SEPTEMBER l, FOR VALUE RECEIVED. the undersigned ABAG FIN. NONPROFIT CORPORATIONS ("Obligor") promises to pay to the l AUTIIORITY FOR . CITIBANK. N.i\. ·N l!UNDRU) c·I !older") the maximum principal sum of St·:VEN MILLION THOUSAND DOLLARS ($7.700.000). on March 1. 2044. or earlier as pro with interest thereon at the rates. at the times and in the amounts provided bek Obligor shall pay to the Holder on or before each date on \Yhich paymcn ▇▇▇ under that certain Funding Loan Agreement, dated as of September L 2011 (the ·· ·undinQ Loan i\QrecmcnC). between Obligor and !!older. an amount in immediately available funds suJTic1cnt to pay the principal amount of and Prepayment Premium. if any, on the Funding Loan then due and payable. whether by maturity. acceleration. prepayment or otherwise. In the event that amounts held derived from proceeds of the Borrower Loan. condemnation awards or insurance proceeds or investment earnings thereon are applied to the payment of principal due on the Funding Loan in accordance vvith the Funding Loan Agreement. the principal amount due hereunder shall be reduced to the extent of the principal amount of the Funding Loan so paid. Capitalized terms not otherwise defined herein shall have the meaning assigned in the Funding Loan Agreement. Obligor shall pay to the I I older on or before each date on which interest on the Funding Loan is payable interest on the unpaid balance hereof in an amount in immediately available funds suflicient to pay the interest on the Funding Loan then due and payable in the amounts and at the rate or rates set lorth in the Funding Loan Agreement.
Riskless principal transaction. ’ means a transaction in which a banking entity, after
Riskless principal transaction means a principal transaction where a member, after having received from a customer an order to buy, purchases the security as principal from another member or customer to satisfy the order to buy or, after having received from a customer an order to sell, sells the security as principal to another member or customer to satisfy the order to sell. Two principal transactions occur at the same price but are only reported once as an agency transaction. This is a principal transaction that synthesizes an agency transaction by removing the risks involved with holding a position.