Short-Term Securities definition

Short-Term Securities means U.S. Treasury securities or other short-term securities and similar securities, in each case that are eligible as margin deposits under the rules of the CME.

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Short-Term Securities shall have the meaning set forth in the Trust Agreement.

Short-Term Securities. ’ means U.S. Treasury Securities or other short-term securities and similar securities, in each case that are eligible as margin deposits under the rules of the CME.

Examples of Short-Term Securities in a sentence

• The Sponsor may, from time to time, employ counsel to act on behalf of the Trust and perform any legal services in connection with the Trust Property and the Trust, including any legal matters relating to the possible disposition or acquisition of any Investing Pool Interests or the Delivery of any CERFs or Short-Term Securities.

• After the Initial Delivery, the Basket Amount shall be an amount of CERFs and cash (or, as determined by the Administrative Trustee at the direction of the Sponsor, Short-Term Securities in lieu of cash) with a value equal to the Net Asset Value per Basket.

• The Members may make additional capital contributions of CERFs, Short-Term Securities and/or cash to the Investing Pool from time to time in accordance with the terms of this Agreement.

• The Members may make contributions of capital to the Investing Pool only in the form of CERFs, Short-Term Securities and/or cash, in each case as determined by the Manager in its discretion.

• A Beneficial Owner's "Initial Contribution" will be equal to the amount of cash and the value (as determined under Section 7 of this Annex I) of any Index Futures or Short-Term Securities contributed to the Trust by the Beneficial Owner or its agent on the first issuance of Shares to the Beneficial Owner or its agent as described in Article II.

• All contributions to the custodial account shall be invested in the shares of the PIA Short-Term Securities Fund or, if available, any other series of PIA Short-Term Securities Fund or other regulated investment companies for which Pacific Income Advisers, Inc.

• All contributions to the custodial account shall be invested in the shares of the PIA Short-Term Securities Fund or, if available, any other series of PIA Short-Term Securities Fund or other regulated investment companies for which Pacific Income Advisors, Inc.

• A Beneficial Owner’s “Initial Contribution” will be equal to the amount of cash and the value (as determined under Section 7 of this Annex I) of any Index Futures or Short-Term Securities contributed to the Trust by the Beneficial Owner or its agent on the first issuance of Shares to the Beneficial Owner or its agent as described in Article II.

• The Subcustodian shall establish a Joint Account to hold cash for the purpose of effecting Repurchase Agreements and investing in Short-Term Investments and to hold any Repurchase Securities and any securities representing Short-Term Investments ("Short-Term Securities") (1) received by it for the account of the Custodian as custodian for the Funds, (2) received by it for the account of other Janus Custodians and (3) received or held by it as custodian for other Janus Funds.

• Unless the Administrative Trustee determines that another lot selection method more accurately allocates taxable gain and loss to Beneficial Owners in a manner that corresponds to their economic gain and loss, the procedure shall be 50% “first in, first out,” 50% “last in, first out,” with any remaining Index Futures and Short-Term Securities, to the extent not evenly divisible on a 50/50 basis, determined on a “first in, first out” basis.

More Definitions of Short-Term Securities

Short-Term Securities means: (i) obligations issued or guaranteed by the Government of Canada or any province of Canada or any agency or instrumentality thereof with less than 12 months to maturity; (ii) term deposits, guaranteed investment certificates or banker’s acceptances of or guaranteed by any Canadian chartered bank or any other financial institution, the short-term debt or deposits of which have been rated at least investment grade by Standard & Poor’s rating service, a division of the McGraw Hill Companies, Inc., Moody’s Investors Services, Inc. or DBRS Limited, or a money market mutual fund with similar constraints; and (iii) commercial paper rated at least investment grade by Standard & Poor’s rating service, a division of the McGraw Hill Companies, Inc., Moody’s Investors Services, Inc. or DBRS Limited, in each case maturing within 365 days after the date of acquisition, or for which the Portfolio Advisor believes that there will be a liquid market for the resale thereof within such 365 day period.

Short-Term Securities means securities having a final maturity at the date of acquisition by the Company of one year or less. "Statement Date" means December 31, 1997. "Stock Incentive Plan" means The MONY Group Inc. 1998 Stock Incentive Plan. "Subsidiary" means any corporation or partnership in which the Holding Company owns, directly or indirectly, 50% or more of the total combined voting power of all classes of stock of such corporation or of the capital interest or profits interest of such partnership. "Superintendent" means the Superintendent of Insurance of the State of New York, or such governmental officer, body or authority as may after the Plan Effective Date succeed such Superintendent as the primary regulator of the Company's insurance business under applicable law. "United States" means the States of the United States, the District of Columbia, the Commonwealth of Puerto Rico and Territories of the United States within the meaning of Section 2(6) of the Securities Act and APO/FPO (military) addresses. "Voting Policyholder" means a policyholder entitled to vote pursuant to Section 7312(e)(3). An absolute assignee of a Policy under an assignment that satisfies the requirements specified in Section 6.1(c) is the Voting Policyholder of that Policy as soon as the assignment is effective on the records of the Company regardless of any provision in Section 4210 of the New York Insurance Law to the contrary. "Warrants" mean the warrants to purchase shares of Holding Company Common Stock issued to the Investors by the Holding Company for an aggregate purchase price of $10,000,000, on the terms and subject to the conditions set forth in the Investment Agreement.

Short-Term Securities means securities having a final maturity at the date of acquisition by the Company of one year or less.

Short-Term Securities means (a) marketable direct obligations issued or unconditionally guaranteed by the United States or issued by any agency thereof and backed by the full faith and credit of the United States, in each case maturing within 183 days or less from the date of acquisition thereof, (b) marketable direct obligations issued by any state of the United States or any political subdivision of any such state or any public instrumentality thereof maturing within 183 days or less from the date of acquisition thereof and, at the time of acquisition, having the highest or next highest credit rating obtainable from either S&P or ▇▇▇▇▇’▇.

Short-Term Securities means commercial paper, certificates of deposit, treasury bills, and other money market investments with maturities of less than twelve (12) months.