repurchase transaction means a transaction governed by an agreement by which a counterparty transfers securities or guaranteed rights relating to title to securities where that guarantee is issued by a recognised exchange which holds the rights to the securities and the agreement does not allow a counterparty to transfer or pledge a particular security to more than one counterparty at a time, subject to a commitment to repurchase them, or substituted securities of the same description at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the counterparty selling the securities and a reverse repurchase agreement for the counterparty buying them;
repurchase transaction means a transaction in which an insurer purchases securities from a business entity that is obligated to repurchase the purchased securities or equivalent securities from the insurer at a specified price, either within a specified period of time or upon demand.
repurchase transaction means any transaction governed by an agreement falling within the definition of ‘repurchase agreement’ or ‘reverse repurchase agreement’
More Definitions of repurchase transaction
repurchase transaction means any transaction governed by a repurchase agreement or a reverse repurchase agreement;
repurchase transaction means a transaction in which an insurer purchases securities from a business entity which is obli- gated to repurchase the purchased securities or equivalent securi- ties from the insurer at a specified price, either within a specified period or upon demand.
repurchase transaction. A repurchase transaction, as defined and described in Section 6.6.
repurchase transaction means each transaction entered into between the Bank, as agent for the Lender, and a Counterparty under the terms of a Repurchase Agreement pursuant to which the Counterparty initially transfers securities to the Bank (the “Purchased Securities”), for the account of the Lender and the Bank transfers cash to the Counterparty (the “Purchase Price”). Lender agrees, without the execution of any documents or the giving of any notice, that Bank is and will remain subrogated to all of Lender’s rights under the relevant Repurchase Agreement to the extent of any payment, loss or expense or credit by the Bank pursuant hereto including, but not limited to, Lender’s rights with respect to Purchased Securities held in respect of any such Repurchase Transaction. Lender agrees to execute and deliver to Bank such documents as Bank may reasonably require and otherwise to co-operate reasonably with Bank to effectuate the forgoing subrogation. If for any reason the Bank cannot assert any such rights and remedies against the Counterparty to any such Repurchase Transaction and/or its successors and assigns in its own right, the Lender shall, at the expense of the Bank, file and prosecute such complaints and lawsuits and take such action as the Bank may reasonably request in connection with the recovery of any such payment, loss or expense and shall otherwise cooperate reasonably with the Bank in any such claim or litigation.
repurchase transaction means each transaction entered into between Bank, as agent for Lender in accordance with these Investment Guidelines, and a counterparty under the terms of a Repurchase Agreement pursuant to which the counterparty initially transfers securities to Bank (the “Purchased Securities”), for the account of Lender and Bank transfers cash to the counterparty (the “Purchase Price”). Lender agrees, without the execution of any documents or the giving of any notice, that Bank is and will remain subrogated to all of Lender’s rights under the relevant Repurchase Agreement to the extent of any payment, loss or expense or credit by Bank pursuant hereto including, but not limited to, Lender’s rights with respect to Purchased Securities held in respect of any such Repurchase Transaction. Lender agrees to execute and deliver to Bank such documents as Bank may reasonably require and otherwise to co-operate reasonably with Bank to effectuate the forgoing subrogation. If for any reason Bank cannot assert any such rights and remedies against the counterparty to any such Repurchase Transaction and/or its successors and assigns in its own right, Lender shall, at the expense of Bank, file and prosecute such complaints and lawsuits and take such action as Bank may reasonably request in connection with the recovery of any such payment, loss or expense and shall otherwise reasonably cooperate with Bank in any such claim or litigation. SCHEDULE I-A: ACCEPTABLE COLLATERAL FOR REPURCHASE REINVESTMENTS Yes/No Collateralization CASH Yes 100 % U.S. TREASURIES BILLS Yes 102 % BONDS Yes 102 % NOTES Yes 102 % STRIPS Yes 102 % SYNTHETIC TREASURIES No — (e.g.CATS,COUGRS,TIGRS) TIPS Yes 102 % AGENCY DEBENTURES FAMC (Fed Agriculture Mtge Corp) No — FCFAC (Farm Credit Xxxxx. Asst.) No — FFCB (Farm Credit System Banks) Yes 102 % FmHA (Farmers Home Admin.) No — FHLB (Federal Home Loan Banks) Yes 102 % FHLMC (Federal Home Loan Mtge) Yes 102 % FICO (Financing Corporation) No — FLBB (Federal Land Bank Bonds) No — FNMA (Federal Nat’l Mtge Corp) Yes 102 % REFCO (Resolution Funding Corp) No — SLMA (Student Loan Mtge Corp) No — TVA (Tennessee Valley Authority) No — USPS (U.S. States Postal Service) No — AGENCY STRUCTURED NOTES No — — INTERNATIONAL AGENCIES — ADBB (Asian Development Bank) No — AFDB (African Development Bank) No — IADB (Inter-American Dev. Bank) No — IFCO (International Finance Corp) No — WLDB (World Bank) No — WLDB (World Bank) No GNMA TRUST RECEIPTS Yes 102 % GNMA I/II-SINGLE FAMILY Yes 10...
repurchase transaction means a transaction governed by an agreement by which a counterparty transfers securities, commodities, or guaranteed rights relating to title to securities or commodities where that guarantee is issued by a recognised exchange which holds the rights to the securities or commodities and the agreement does not allow a counterparty to transfer or pledge a particular security or commodity to more than one counterparty at a time, subject to a commitment to repurchase them, or substituted securities or commodities of the same description at a specified price on a future date specified, or to be specified, by the transferor, being a repurchase agreement for the counterparty selling the securities or commodities and a reverse repurchase agreement for the counterparty buying them;
repurchase transaction means a transaction whereby DEALER agrees to sell Eligible Securities (the “Purchased Securities”) to the CUSTOMER at an agreed price (the “Purchase Price”) on an agreed date (the “Purchase Date”) and the CUSTOMER simultaneously agrees to sell the Purchased Securities to DEALER for an agreed price (the “Repurchase Price”) on an agreed date (the “Repurchase Date”), subject to the terms hereof, as set out in the applicable Confirmation;