Pair-off transaction definition

Pair-off transaction means an investment purchase transaction that is closed or sold on or before the settlement date. In a pair-off transaction, an investor commits to purchase an investment, but then pairs off the purchase with a sale of the same investment on or before the settlement date.
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Related to Pair-off transaction

  • Transaction Size means Lot Size multiplied by number of Lots.

  • Sale Transaction has the meaning set forth in Section 3(a).

  • Minimum Transaction Size means the minimum value of subsequent subscriptions,

  • Transaction means the transactions contemplated by the Transaction Documents.

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.