SAB Position definition

SAB Position refers to certain "short against the box" positions held by ------------ Cody Company prior to Closing with respect to shares of BHP Ltd., which positions will be terminated before Closing.
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Examples of SAB Position in a sentence

  • Notwithstanding the previous sentence, 100 percent of any Tax liability related to the formation of Resources Management, the Asset Contribution, the Redemption Transaction or the termination of the SAB Position is to be paid by Cody Company and borne by the Shareholders through inclusion in the Reserved Amount.

Related to SAB Position

  • Queue Position means the priority assigned to an Interconnection Request, a Completed Application, or an Upgrade Request pursuant to applicable provisions of Tariff, Part VI.

  • Long Position means a buy position that appreciates in value if market prices increase. In respect of Currency Pairs: buying the Base Currency against the Quote Currency.

  • Shielded position means the location within the radiographic exposure device or storage container which, by manufacturer's design, is the proper location for storage of the sealed source.

  • Permanent Position Any position which has required, or which will require the services of an incumbent without interruption, for an indefinite period.

  • Covered position means a position in which the employee must be a member of the retirement