New Security means the establishment of a position which is not currently held by a client portfolio on the day the position is established.

New Security has the meaning set forth in Section 4.21(a).

New Security means any Company Securities issued by the Company after the Closing other than (i) any securities issuable upon conversion of any convertible Company Security outstanding as of the date of this Agreement, (ii) any securities issuable upon exercise of any option, warrant or other similar Company Security authorized as of the date of this Agreement and (iii) any securities issuable in connection with any stock split, stock dividend or recapitalization of the Company where such securities are issued to all stockholders of the Company on a proportionate basis.

Examples of New Security in a sentence

All obligations of the Company and the Guarantors set forth in the preceding paragraph that are outstanding with respect to any Security at the time such Security is exchanged for a New Security shall survive until such time as all such obligations with respect to such Security have been satisfied in full.
Where a fractional portion of a New Security otherwise would be called for under the Plan, the actual issuance shall reflect a rounding down to the nearest whole New Security.
A New Security Architecture for the Arctic: An American Perspective,” Center for Strategic and International Studies (CSIS), January 2012, p.
Federal and contractor employees applying for a security clearance and the associated HSPD-12 badge must provide additional documents (see Section 301, Acquiring New Security Clearances).
In Proceedings of the 2008 workshop on New Security Paradigms, 2008, pp.

More Definitions of New Security

New Security shall not include (i) any securities issuable upon conversion of any convertible Equity Security, (ii) any securities issuable upon exercise of any option, warrant or other similar Equity Security or (iii) any securities issuable in connection with any stock split, stock dividend or recapitalization of the Company where such securities are issued to all stockholders of the Company on a pro rata basis.

New Security means any standard security over the Property or any part thereof other than (1) the Standard Security and (2) any standard security specifically referred to in the Ranking Agreement;

New Security shall have the meaning set forth in Section 4(b) hereof.

New Security or “New Securities” has the meaning set forth in Section 5.1;

New Security has the meaning specified in Section 4.10.

New Security or “New Securities” means the 2018 Security or the 2018 Securities issued pursuant to this Fourth Supplemental Indenture to the New Securities Purchasers in exchange for cash.

New Security has the meaning ascribed to such term in Section 4(a).