Pledgeable definition

Pledgeable means, with respect to each Underlying Asset, that such Underlying Asset may be pledged as collateral security by the owner thereof under the related underlying instruments and applicable law, in each case without the consent of any Obligor thereon, obtaining any third party or governmental consents or authorizations, delivery of legal opinions or any other conditions (in each case other than any such consent that has been obtained and remains in full force and effect).
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Examples of Pledgeable in a sentence

  • For purposes of this Section 8(d), the “fair market value” of any Pledgeable Shares shall be equal to the average of the daily closing prices of the ADSs (or other applicable shares of capital stock or American Depositary Shares) for the 20 consecutive trading days immediately preceding the effective date of the Company’s Election Notice.

Related to Pledgeable

  • Qualified interpreter means an interpreter who, via a video remote interpreting (VRI) service or an on-site appearance, is able to interpret effectively, accurately, and impartially, both receptively and expressively, using any necessary specialized vocabulary. Qualified interpreters include, for example, sign language interpreters, oral transliterators, and cued-language transliterators. 28

  • Sophisticated Investor means a Customer who has successfully declared themselves as a sophisticated investor, which term is as defined in the ”Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework” issued by the Securities Commission Malaysia or the glossary section of the information memorandum of the relevant fund. Only sophisticated investor may invest in a Wholesale Fund.

  • Qualified Investor means any person, who invests a minimum amount of R1 million per hedge fund and who:

  • Designated Security Consultant means an employee of a security firm under contract with Us or Our assistance provider who is experienced in security and measures necessary to ensure the safety of the Covered Person(s) in his or her care.

  • the Academies means all the schools and educational institutions referred to in Article 4a and operated by the Academy Trust (and “Academy” shall mean any one of those schools or educational institutions);