Equivalent Assets definition

Equivalent Assets means securities, financial instruments or currency of an identical type, nominal value, description and amount as the Collateral and shall include any certificates of or evidencing title and transfer thereto.

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Equivalent Assets of (i) any television station (other than a Top 25 TV Station): any other television station or television stations; or (ii) any Non-Core Business: any Core Business.

Equivalent Assets means in respect of (i) any Station, any television station or television stations; and (ii) any Non-Core Business, any Core Business

Examples of Equivalent Assets in a sentence

You agree that we may return Equivalent Assets to you (or where applicable, your underlying customer(s)) at any time prior to satisfaction of all Liabilities.
In the event of our insolvency, you (or where applicable, your underlying customer(s)) will be an unsecured general creditor and will have only a contractual claim to the delivery of Equivalent Assets.
Such Equivalent Assets will upon such transfer or designation become subject to all of the provisions of this Agreement, including without limitation, this Clause 10 and Clause 11.
Without prejudice to clause 9.6 below, any instruction to deal in Collateralised Assets prior to satisfaction of all Liabilities will constitute a call for the delivery of Equivalent Assets, which BCS will execute on condition that the Client will have delivered or procured the delivery to an account in the name of BCS or a person acting on its behalf of securities or cash recognised by BCS to be eligible to secure Liabilities.
Without prejudice to clause 8.5 below, any instruction to deal in Collateralised Assets prior to satisfaction of all Liabilities will constitute a call for the delivery of Equivalent Assets, which we will execute on condition that you (or where applicable, your underlying customer(s)) will deliver or procure the delivery to an account in our name or in the name of a person acting on our behalf of securities or cash recognised by us to be eligible to secure Liabilities.
Upon delivery to you (or where applicable, your underlying customer(s)) of Equivalent Assets, such Equivalent Assets will become subject to the security created by this Schedule and will constitute Secured Assets subject to all the provisions hereof.
The Client agrees that BCS may return Equivalent Assets to the Client at any time prior to satisfaction of all Liabilities.
Without prejudice to clause 8.5 below, any instruction to deal in Collateralised Assets prior to satisfaction of all Liabilities will constitute a call for the delivery of Equivalent Assets, which we will execute on condition that you (or where applicable, your underlying customer(s)) will have delivered or procured the delivery to an account in our name or in the name of a person acting on our behalf of securities or cash recognised by us to be eligible to secure Liabilities.
In the event of BCS’s insolvency, the Client as an unsecured creditor will have only a contractual claim to the delivery of Equivalent Assets, and will have no proprietary claim with respect to any securities or cash funds originally paid or delivered to BCS for or on behalf of the Client.
When the relevant Liabilities have been unconditionally and irrevocably paid and discharged in full and all facilities which might give rise to Liabilities have terminated, BCS will, at the request and cost of the Client, transfer legal and beneficial ownership of Equivalent Assets (as defined below) back to the Client by crediting or otherwise depositing Equivalent Assets to a third party account in the name of the Client or a person acting on its behalf.

More Definitions of Equivalent Assets

Equivalent Assets of (i) any radio station: any other radio station or radio stations; (ii) any radio network: any other radio network or radio networks; (iii) any network television station: any other network television station or network television stations; (iv) any long-form paid programming station: any other long-form paid programming station or long-form paid programming stations; (v) outdoor advertising property: any other outdoor advertising property or outdoor advertising properties; (vi) any Core Business (other than a radio station): any radio station or radio stations; or (vii) any Non-Core Business: any Core Business.

Equivalent Assets means, as of any date of determination,

Equivalent Assets means, as of any date of determination, one or more businesses consisting of the sale and manufacturing of automotive vehicles.

Equivalent Assets means assets from the same issuer, of an identical type, nominal value, description and amount and which have the same rights, and provided that where any assets are the subject of a corporate action or other similar event, AGS may reasonably determine what assets are to be treated as "equivalent" for this purpose. In the event that equivalent assets are not available, this expression shall mean cash of equivalent value;

Equivalent Assets means, in relation to Collateral, assets that are of an identical type, nominal value, description and amount as, and fungible with, that Collateral; and if for any Collateral a record date occurs by reference to which any distribution is made on that Collateral, the Equivalent Assets for that Collateral include the amount of the distribution that Lender would have received had it held the Collateral, including but not limited to any New Tokens issued in respect any Hard Fork or Applicable Airdrop.

Equivalent Assets means assets and liabilities held by the Company on