financial assets definition
financial assets means cash, securities or a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;
financial assets means (i) cash, (ii) securities, or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation;
financial assets has the meaning set forth in the Uniform Commercial Code.
Examples of financial assets in a sentence
The Designated Accounts are accounts to which Financial Assets will be credited.
More Definitions of financial assets
financial assets. Election. The Securities Intermediary hereby agrees that each item of property (including, without limitation, any investment property, financial asset, security, instrument, general intangible or cash) credited to the Securities Account shall be treated as a “financial asset” within the meaning of Section 8-102(a)(9) of the UCC.
financial assets means (i) cash, (ii) securities or (iii) a contract of insurance, a deposit or an evidence of a deposit that is not a security for the purposes of securities legislation. These financial assets are generally liquid or relatively easy to liquidate. The value of a purchaser’s personal residence would not be included in a calculation of financial assets;
financial assets means cash and securities;
financial assets means cash, securities, or any contract of insurance or deposit or evidence thereof that is not a security for the purposes of the Securities Act (Ontario);
financial assets has the meaning set forth in Section 5.8(b) of the Base Indenture.
financial assets means all present and future “financial assets” (as defined in Article 9 of the UCC).
financial assets has the meaning specified in the UCC.