Sweep Option definition

Sweep Option means an investment option offered as part of the Cash Investment Service for the automatic investment of available cash balances (from securities transactions, dividend and interest payments, and other activities) in a Securities Account.
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Sweep Option means the Deposit Accounts or the RMA money market funds or other applicable sweep investment options as more fully described in the Disclosure Statement or the prospectuses for the UBS RMA money market funds or other applicable sweep investment options, as applicable.
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Sweep Option means an investment option offered as part of the Cash Investment Service for the automatic investment of
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Examples of Sweep Option in a sentence

  • This payment order of priority system provides for an ef- ficient use of funds, since you will not incur the cost of a margin loan until all available Free Credit Balances and any amounts you hold in a Sweep Option are fully used.

  • No payment or Transfer that would exceed the combined value of your Free Credit Balance, any amounts you hold in a Sweep Option, and Margin Line of Credit will be made.

  • Transfers under the Interest Sweep Option are subject to certain limitations described on the Policy Data Page.

  • The use of a more expensive share class of a Money Market Fund as a Cash Sweep Option will negatively impact your overall investment returns.

  • You agree that Stifel will require written instructions from you or your authorized agent to make any changes to your Cash Investment Service Sweep Option election and that oral instructions will not be accepted or processed.

  • The sweep of a free Credit Balance to your Sweep Option will be subject to the standing instructions in your Securities Ac- count for security and cash disposition as determined by you.

  • As a result, a Custodian Account will not have the ability to cover with margin any Check, ACH, or Card Transactions in excess of the Free Credit Balances and any amounts you hold in a Sweep Option.

  • Overdraft protection above the aggregate of the value of any amounts you hold in a Sweep Option and the Free Credit Balance is provided if you have a Margin Line of Credit on your Securities Account.

  • You understand that you will be bound by the terms and conditions for the Sweep Option that is associated with your Account.

  • Swingline Loans may be made automatically through the Credit Sweep Option under Swingline Lender’s Stagecoach Sweep® Service subject to the additional terms and conditions set forth in Swingline Lender’s standard documentation for such service as agreed to by Borrower.

Related to Sweep Option

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Rollover Option has the meaning set forth in Section 2.4(a).

  • Replacement Option has the meaning ascribed thereto in Section 2.2(c).

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Option means a stock option granted pursuant to the Plan.

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Director Option means an Option granted pursuant to Section 6.

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Approved 102 Option means an Option granted pursuant to Section 102(b) of the Ordinance and held in trust by a Trustee for the benefit of the Optionee.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Rollover Options has the meaning provided in Subsection 3.1(h).

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • SAR means a stock appreciation right granted under the Plan.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.