Comparable Securities definition

Comparable Securities means (i) in the case of a Specified Transaction, Mortgage-Backed Securities of a similar kind, quality and quantity as the Mortgage-Backed Securities originally agreed to between a Seller and an Originating Purchaser or Retransmitting Party, as applicable, with respect to attributes including but not necessarily limited to weighted average coupon, weighted average maturity, final maturity and similar characteristics affecting the yield of such securities, and (ii) in the case of a TBA transaction, Mortgage-Backed Securities that would be acceptable for delivery with respect to that transaction, in accordance with industry custom and practice then in effect; provided, however, that if a buy-in is executed to close out a TBA transaction and the particular class or classes of TBA securities involved are not available in the market, then “Comparable Securities” shall have the same meaning as set forth in clause (i) of this definition.
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Comparable Securities means non-U.S. dollar denominated short-term bonds.
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Comparable Securities is defined in Section 1.3(xi).
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Examples of Comparable Securities in a sentence

  • In the event that the managing underwriter or Demanding Holder determines that additional Registrable Interests may be sold in any Demand Registration without having a material adverse effect on the success of the offering, the Company may include Comparable Securities to be issued and sold by the Company or comparable securities held by Persons other than the Parties.

  • The ------------------------------------------------- representations and warranties made by GBB hereby or in the GBB Lists or Schedules hereto do not contain any untrue statement of material fact or omit to state any material fact which is necessary under the circumstances under which they were made to prevent the statements contained herein or in such schedules from being misleading.

  • If the Company, at any time prior to the Final Closing, shall split or subdivide the Comparable Securities into a greater number of securities of the same class, then the number of Pending Shares shall be proportionately increased and the purchase price to be paid for such Pending Shares shall be proportionately decreased.

  • If the Company, at any time prior to the Closing, shall split or subdivide the Comparable Securities into a greater number of securities of the same class, then the number of Pending Securities shall be proportionately increased and the purchase price to be paid for such Pending Securities shall be proportionately decreased.

  • If the Company, at any time prior to the Closing, shall reverse split or combine the Comparable Securities into a lesser number of securities of the same class, then the number of Pending Securities shall be proportionately decreased and the purchase price to be paid for such Pending Securities shall be proportionately increased.


More Definitions of Comparable Securities

Comparable Securities means, with respect to a particular class or series of Payment Preferred Shares, either (a) shares of one or more classes or series of redeemable Preferred Stock issued by General Cable T.V. Limited or another corporation and owned by the Company or a Restricted Subsidiary, (i) having, in all material respects, the same aggregate redemption price as such class or series of Payment Preferred Shares and (ii) entitled to receive periodic dividends contemporaneously with, and in an amount equal, in all material respects, to, the periodic dividends on such class or series of Payment Preferred Shares or (b) a debt security or a class of debt securities issued by General Cable T.V. Limited or another corporation and owned by the Company or a Restricted Subsidiary (i) having an aggregate principal amount equal, in all material respects, to the aggregate redemption price of such class or series of Payment Preferred Shares and (ii) entitled to receive periodic interest payments contemporaneously with, and in amount equal to or greater than, the periodic dividends on such class or series of Payment Preferred Shares.
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Related to Comparable Securities

  • Available Securities means the securities of the Funds that are available for Loans pursuant to Section 3.

  • Registerable Securities means the shares of Common Stock issued or issuable upon exercise of the Warrants.

  • Registrable Securities has the meaning set forth in the Registration Rights Agreement.

  • Included Registrable Securities has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Other Registrable Securities means (i) any Common Equity held (directly or indirectly) by any Other Holders or any of their Affiliates, and (ii) any equity securities of the Company or any Subsidiary issued or issuable with respect to the securities referred to in clause (i) above by way of dividend, distribution, split or combination of securities, or any recapitalization, merger, consolidation or other reorganization.