Common use of Eligible Securities Clause in Contracts

Eligible Securities. (a) Positions in the following eligible equity and fixed income security types (“Eligible Securities”) are covered under the Agreement to the extent that BNPP has a security interest acceptable to it in such positions: i. USD common stock, master limited partnership interests or REITs traded on the New York Stock Exchange, NASDAQ, NYSE Arca or NYSE Amex Equities; ii. convertible and non-convertible corporate debt securities or preferred securities, provided that such securities are denominated in USD (“Debt Securities”); iii. US Treasury debt obligations with a maturity of less than 30 years (“Treasuries”); and iv. USD and non-USD common stock, provided such stock is (A) listed in the FTSE All-World Index, (B) traded on a Major Exchange in any country listed in the Eligible Country Table provided in Section 2(b) below, and (C) denominated in any currency listed in the Eligible Currency Table provided in Section 2(c) below. (together with Eligible Securities specified in Section 2(a)(i) above, “Equity Securities”).