Surplus Securities definition

Surplus Securities has the meaning set out in the Exchange Policy;
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Surplus Securities means securities issued pursuant to a transaction, for which the deemed value of the securities exceeds the value ascribed to the asset, using an acceptable valuation method, or securities which are otherwise determined by the CDNX to be surplus securities and are required to be placed in escrow under a Surplus Security Escrow Agreement.
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Surplus Securities means securities issued pursuant to a transaction which are not supported by a valuation method acceptable to the Exchange or for which the value of the asset is less than the deemed value of the securities, or securities which are otherwise determined by the Exchange to be Surplus Securities and required to be placed in escrow under a Surplus Security Escrow Agreement.
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Examples of Surplus Securities in a sentence

  • Reserves and Surplus* Securities Premium9,054.059,054.05Capital Reserve10.0010.00Capital Redemption Reserve1.941.94Quary Land Amortization Reserve0.290.29Retained Earnings(1,07,313.73)(86,810.17)iii.

  • Reserves and Surplus Securities In terms of our report of even date attached.

  • Reserves and Surplus* Securities Premium9,054.059,054.05Capital Reserve10.0010.00Capital Redemption Reserve1.941.94Quary Land Amortization Reserve0.290.29Retained Earnings(69,978.44)(51,964.95)iii.

  • Notes to Accounts ParticularsAmt (Rs)1Reserves and Surplus Securities Premium Reserve5,00,0002Non-current Liabilities 10% Debentures JOURNAL DateParticulars L.F.Amt (Dr)Amt (Cr)(i)Bank A/c Balance Sheet As at ...........................

  • Reserves and Surplus Securities Premium Account ......– 5,435.33 – 5,435.33Surplus in Statement of Profit & Loss ....................................

  • Save and Except as set out below we have not issued any Equity Shares for consideration other than cash: *Above allotment of shares have been made out of Reserves & Surplus (Securities Premium) available for distribution to shareholders and no part of revaluation reserve has been utilized for the purpose.

  • If the number of Surplus Securities issued does not exceed 25% of the number of permitted Value Securities, then all Principal securities (including both Value Securities and Surplus Securities) will be subject to a Value Security Escrow Agreement.

  • Name: Xxxxxx Xxxxxx Title: President This Agreement was signed by Xxxxxx Xxx in the presence of Name: ) ) ) ) ) ) Sui & Company, In Trust Name: Xxxxx Xxx This Agreement was signed by Xxxxxx Xxxxxx in the presence of: Name: ) ) ) ) ) ) Name: Xxxxxx Xxxxxx This Agreement was signed by Xxxxxx Xxxxx m the presence of Name: Name: ) ) ) ) ) ) Xxxxxx Xxxxxx Name & Address of Security Holder Signature of Security Holder Number of Surplus Securities Cadence Holdings Inc.

  • As at 27 October 2008, the ML Surplus Securities were valued at $33m, including Bravura Solutions Limited (BVA) shares valued at $15m.The Court Declarations were listed for directions on Monday 11 August 2008.

  • Xxxxxxxx, In Trust Signature: Address for Notice: 0000 Xxxx 0xx Xxxxxx Security Holder Name: Xxx Xxxxxxx Signature: Address for Notice: 0000 Xxxx 0xx Xxxxxx Surplus Securities 12,500 Security Holder Name: Victoria Capital Corp.


More Definitions of Surplus Securities

Surplus Securities means the Common Shares escrowed under the Surplus Security Escrow Agreement in accordance with Exchange Policy 5.4;
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Related to Surplus Securities

  • U.S. Securities means Securities issued by an issuer that is organized under the laws of the United States or any State thereof or that are otherwise traded in the United States, and shall include American Depositary Receipts.

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Underwriters' Securities means the Offered Securities other than Contract Securities.

  • Excess Securities means the Corporation Securities which are the subject of the Prohibited Transfer.

  • Foreign Securities include: securities issued and sold primarily outside the United States by a foreign government, a national of any foreign country or a corporation or other organization incorporated or organized under the laws of any foreign country and securities issued or guaranteed by the government of the United States or by any state or any political subdivision thereof or by any agency thereof or by any entity organized under the laws of the United States or of any state thereof which have been issued and sold primarily outside the United States.

  • NIM Securities As defined in the tenth Recital to this Agreement.

  • U.S. Securities System means a securities depository or book-entry system authorized by the U.S. Department of the Treasury or a “clearing corporation” as defined in Section 8-102 of the UCC.

  • Exempt Securities has the meaning set forth in Section 4.4(d).

  • BofA Securities means BofA Securities, Inc.

  • Deposit Securities means, as of any date, any United States dollar-denominated security or other investment of a type described below that either (i) is a demand obligation payable to the holder thereof on any Business Day or (ii) has a maturity date, mandatory redemption date or mandatory payment date, on its face or at the option of the holder, preceding the relevant Redemption Date, Dividend Payment Date or other payment date in respect of which such security or other investment has been deposited or set aside as a Deposit Security:

  • Liquid Securities means securities that are publicly traded on the New York Stock Exchange, the American Stock Exchange or the Nasdaq Stock Market and as to which the Company or any Restricted Subsidiary is not subject to any restrictions on sale or transfer (including any volume restrictions under Rule 144 under the Securities Act or any other restrictions imposed by the Securities Act) or as to which a registration statement under the Securities Act covering the resale thereof is in effect for as long as the securities are held; provided that securities meeting the foregoing requirements shall be treated as Liquid Securities from the date of receipt thereof until and only until the earlier of (a) the date on which such securities are sold or exchanged for cash or Cash Equivalents and (b) 180 days following the date of receipt of such securities. If such securities are not sold or exchanged for cash or Cash Equivalents within 180 days of receipt thereof, for purposes of determining whether the transaction pursuant to which the Company or a Restricted Subsidiary received the securities was in compliance with Section 4.11, such securities shall be deemed not to have been Liquid Securities at any time.

  • Investment Securities means any of the following:

  • Capital Securities means undivided beneficial interests in the assets of the Trust which rank pari passu with Common Securities issued by the Trust; provided, however, that upon the occurrence and continuance of an Event of Default (as defined in the Declaration), the rights of holders of such Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of such Capital Securities.

  • Federal Securities means: (a) any direct general obligations of the United States of America (including obligations issued or held in book entry form on the books of the Department of the Treasury of the United States of America), for which the full faith and credit of the United States of America are pledged; (b) obligations of any agency, department or instrumentality of the United States of America, the timely payment of principal and interest on which are directly or indirectly secured or guaranteed by the full faith and credit of the United States of America.

  • relevant securities means Ordinary Shares and securities carrying conversion or subscription rights into Ordinary Shares;

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Lock-Up Securities has the meaning set out in Section 5(l).

  • Series A Securities means the Company's Series A 9 3/8% Junior Subordinated Deferrable Interest Debentures due May 1, 2028 as authenticated and issued under this Indenture.

  • Securities as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

  • Shared-Loss Securities means those securities and other assets listed on Schedule 4.15C.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Regulation S Securities means all Initial Securities offered and sold outside the United States in reliance on Regulation S.

  • Net Securities Proceeds means the Cash proceeds (net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses) from the (i) issuance of Capital Stock of or incurrence of Indebtedness by Borrower or any of its Subsidiaries and (ii) capital contributions made by a holder of Capital Stock of Borrower.

  • Non Book-Entry Capital Securities shall have the meaning set forth in Section 2.05.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.