Securities lending transaction definition

Securities lending transaction means a transaction in which the owner of a security lends the security temporarily to another party pursuant to a written securities lending agree- ment under which the lender retains the economic interests of an owner of such securities, and has the right to terminate the transaction and to recall the loaned securities on terms agreed by the parties.

Securities lending transaction means a transaction in which securities are loaned by an insurer to a business entity that is obligated to return the loaned securities or equivalent securities to the insurer, either within a specified period of time or upon demand.

Securities lending transaction means a transaction in which

Examples of Securities lending transaction in a sentence

• Securities lending transaction" means a transaction in which securities are loaned by an insurer to a qualified bank or a qualified business entity or a bank or a business entity whose obligations with respect to such transaction are guaranteed by a qualified bank or a qualified business entity that is obligated to return the loaned securities or equivalent securities to the insurer, either within a specified period of time or upon demand.[PL 1999, c.

• Securities lending transaction and sale-repurchase trans- action have the same meaning as pro- vided in § 1.861–3(a)(6).

• For each Securities lending transaction entered into, said Sub-Fund must ensure that it receives collateral whose value throughout the lend- ing transaction is equal to at least 90% of the total market value of the lent Securities (including interest, dividends and any other receivables).

• Securities lending transaction" means a transaction in which securities are loaned by an insurer to a qualified bank or a qualified business entity or a bank or a business entity whose obligations with respect to such transaction are guaranteed by a qualified bank or a qualified business entity that is obligated to return the loaned securities or equivalent securities to the insurer, either within a specified period of time or upon demand.[ 1999, c.

• Securities lending transaction and sale-repurchase transaction have the same meaning as provided in §1.861-3(a)(6).

More Definitions of Securities lending transaction

Securities lending transaction means a transaction in which an insurance company lends securities to a business entity that is obligated to return the loaned securities or equivalent securities to the company, either within a specified period or on demand.

Securities lending transaction means a transaction in which securities are loaned by an insurer or its custodian bank or agent to a qualified bank or a qualified business entity or a bank or a business entity whose obligations with respect to the transaction are guaranteed by a qualified bank or a qualified business entity that is obligated to return the loaned securities or equivalent securities to the insurer, its custodian bank, or agent, within a specified period of time or upon demand.

Securities lending transaction means certain offsetting securities lending transactions whereby the Borrower or any of its Restricted Subsidiaries borrows securities from one entity and then lends such securities to another entity (with the Borrower always maintaining a matched book between securities borrowed and securities loaned).

Securities lending transaction means a transaction in which an insurer lends securities to a business entity that is obligated to return the loaned securities or equivalent securities to the insurer, either within a specified period or on demand.

Securities lending transaction means a Transfer that results from a securities loan agreement transaction that causes a Sender to transfer a Book-Entry Security to a Receiver in exchange for payment subject to an agreement under which the Book-Entry Security will be transferred back to the original Sender on a later date at an agreed upon price.

Securities lending transaction means a transaction in which securities are loaned by a life insurance company to a business entity that is obligated to return the loaned securities or equivalent securities to the life insurance company, either within a specified period of time or upon demand.

Securities lending transaction. MEANS A TRANSACTION IN 19 WHICH SECURITIES ARE LOANED BY AN INSURER TO A BUSINESS ENTITY THAT IS