Stock Line definition

Stock Line means a group of fungible Securities, often identified by a unique ISIN or CUSIP number and, in relation to the Asset of an Asset Pool, includes all Derived Assets of such a group of fungible Securities.
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Stock Line means any product stocked at a Bowens store;
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Stock Line refers to a group of fungible Securities often identified by a unique ISIN or CUSIP number and it also includes all the Derived Assets of such fungible Securities. However, if a group of fungible Securities are held through more than one Intermediary and at least one of them is an Affected Intermediary (see section 23.5 (Affected Intermediaries and Affected Stock Lines)), the Securities that are held through each such Affected Intermediary shall form a separate Stock Line.
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Examples of Stock Line in a sentence

  • If an Appropriation Deferral Election is made by a TA Signatory relating to the Asset Allocation of that Stock Line and a Deferral Cash Amount is Paid to the Company once instructions for settlement in respect of the relevant Distribution or Appropriation have been given, then the Company shall, as soon as practicable, return the Deferral Cash Amount to such TA Signatory.

  • The Company shall, acting in a commercially reasonable manner, use reasonable endeavours to sell all the Distributable Trust Assets of a Multiple Stock Line Pool within six months following the return of such Distributable Trust Assets by the Affected Intermediary to the Company.

  • This Clause 60.3 applies to an Asset Allocation in respect of an Affected Stock Line that is the subject of an Affected Intermediary Collateralisation Election.

  • Interim Allocations for a Stock Line may be determined pending the resolution of any Dispute over the Company’s determination of a TA Claimant Amount.

  • No Distributable Trust Assets of a Stock Line or an Asset Pool (as applicable) will be Allocated to a Signatory until any Dispute over its Individual Claim Amount or Intermediary Distribution Value in respect of that Stock Line, or, in the case of a Multiple Stock Line Pool, all Disputes over all of its TA Claimant Amounts or Intermediary Distribution Values in respect of that Multiple Stock Line Pool, is or are resolved.

  • The Company shall Allocate an amount of Distributable Trust Assets not comprising Reserved Assets (each, an “Allocation Amount”) to each Asset Pool Signatory in respect of: (i) a Custody Securities Pool or a Non-Custody Securities Pool of a Stock Line to which Clause 42 applies; or (ii) a Multiple Stock Line Pool in accordance with this Clause 45.3.

  • A TA Signatory may only make such election upon the first Asset Allocation of a Stock Line in respect of an Asset Pool by giving Notice to the Company on or prior to the fifteenth Business Day following the relevant Distribution Value Date of such Asset Allocation (the “Deferral Election Deadline”).

  • The Company shall Identify the Distributable Trust Assets that comprise the Assets in each Asset Pool for each Stock Line falling within Clause 42.

  • Clause 40, Clause 41 and Clause 42 shall not apply in respect of an Affected Stock Line.

  • Where a Non-Signatory asserts an Asset Claim on a Stock Line, the Company may, in its absolute discretion based on its own Books and Records, disregard such Asset Claim in whole or part if the Company determines that such Non-Signatory has no Asset Claim to such Stock Line or if the Company considers that an Asset Claim to such Stock Line has been overstated.


More Definitions of Stock Line

Stock Line means equipment held by Decode Science at its premises, which can be delivered to the Client direct from Decode Science' premises; and
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