Financial Asset definition

Financial Asset. The meaning specified in Section 8-102(a)(9) of the UCC.

Financial Asset. Has the meaning given such term in Article 8 of the New York UCC. As used herein, the Financial Asset “related to” a Security Entitlement is the Financial Asset in which the Entitlement Holder holding such Security Entitlement has the rights and property interest specified in Article 8 of the New York UCC.

Financial Asset means a Security and refers, as the context requires, either to the asset itself or to the means by which a person’s claim to it is evidenced, including a Security, a security certificate, or a Securities Entitlement. “Financial Asset” does not include cash.

Examples of Financial Asset in a sentence

• The Option Buyer becomes entitled to an addition premium payment if and when the Financial Asset subject to the option reaches/exceeds the agreed exchange rate/parity level on the Exercise Date during a certain observation period.

• It refers to any Financial Asset subject to the derivative agreement.

• It grants the Option Buyer the right to buy the Financial Asset at the Strike Price on the Settlement Date against Turkish Lira, Currency or the Financial Asset as indicated on the Option Trading Confirmation Form in consideration of the Option Premium it has paid, without imposing an obligation on the Option Buyer to exercise or not such right.

• Any real or legal person which is entitled to buy (in case of a call option) or sell (in case of a put option) the Financial Asset, constituting the subject matter of the Option Trading, in consideration of the Option Premium s/he/it will have paid in accordance with the terms and conditions as specified in the Agreement and the Option Trading Confirmation Form.

• No payment will be made to the option buyer for the periods during which the Financial Asset subject to the option is traded beyond the agreed exchange rate/parity range during the observation period.

More Definitions of Financial Asset

Financial Asset. “Fixtures”; “Goods”, “Inventory”; “Letter-of-Credit Rights”; “Letters of Credit”; “Money”; “Payment Intangibles”; “Proceeds”; “ Records”; “Securities Account”; “Securities Intermediary”; “Security Entitlement”; “Supporting Obligations”; and “Tangible Chattel Paper.”

Financial Asset means, as the context requires, either the asset itself or the means by which a person's claim to it is evidenced, including a Security, a security certificate, or a Securities Entitlement. "Financial Asset" includes any Global Assets but does not include cash.

Financial Asset has the meaning ascribed to the term “financial asset” in Article 8 of the UCC.

Financial Asset. The meaning specified in Section 8-102(a) of the New York UCC.

Financial Asset has the meaning given to such term in the UCC.

Financial Asset means (a) a Security, (b) an obligation of a person or a share, participation or other interest in a person or in property or an enterprise of a person, which is, or is of a type, dealt with in or traded on financial markets, or which is recognized in any area in which it is issued or dealt in as a medium for investment or (c) any property that is held by a Securities Intermediary for another person in a Securities Account if the Securities Intermediary has expressly agreed with the other person that the property is to be treated as a Financial Asset under Article 8 of the Uniform Commercial Code. As the context requires, the term Financial Asset shall mean either the interest itself or the means by which a person's claim to it is evidenced, including a certificated or uncertificated Security, a certificate representing a Security or a Security Entitlement.

Financial Asset means, as the context requires, either the asset itself or the means by which a person's claim to it is evidenced, including a Certificated Security or Uncertificated Security, a security certificate, or a Securities Entitlement. Financial Assets shall not include cash.