Basket definition

Basket has the meaning set forth in Section 9.4(a).

Basket has the meaning set forth in Section 8.04(a).

Basket shall have the meaning set forth in Section 9.2(b).

Examples of Basket in a sentence

• It enables dealing in two kinds of Repos – (1) Basket and (2) Special Repos.

• Building on the internationally popular Standard Repo Model, Basket Repos enables dealing in baskets wherein repoable securities have been classified based on instrument type, liquidity and outstanding tenor and clustered together.

• While borrowers can raise funds through a Basket Repo against any of security forming part of the concerned basket, the lender is assured that it would receive any of the securities forming part of the concerned basket.

• The Authorized Participant shall be responsible for the payment of any transfer tax, sales or use tax, stamp tax, recording tax, value added tax and any other similar tax or government charge applicable to the creation or redemption of any Basket made pursuant to this Agreement, regardless of whether or not such tax or charge is imposed directly on the Authorized Participant.

• Applicable, for the purpose of Payout Condition 1.2(c)(i)(A), Worst of Basket is applicable.

More Definitions of Basket

Basket means the notional basket comprised of the Shares, as described under “THE BASKET”.

Basket means a Creation Basket or a Redemption Basket, as the context may require.

Basket means a basket comprised of the following Basket Components, with the return of each Basket Component having the weighting noted parenthetically: SPDR S&P 500 ETF Trust (45%); iShares Russell 2000 Index Fund (20%); iShares MSCI EAFE Index Fund (20%); and iShares MSCI Emerging Markets Index Fund (15%).

Basket has the meaning set forth in Section 9.2(c).

Basket means 50,000 Shares, except that the Trustee, in consultation with the Sponsor, may from time to time increase or decrease the number of Shares comprising a Basket.

Basket shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

Basket shall have the meaning ascribed to it in the Recitals to the Authorized Participant Agreement.