Securities Lending Transactions definition
Securities Lending Transactions means transactions whereby a Sub-Fund lends its Securities to a security-borrowing counterparty for an agreed fee.
Securities Lending Transactions means transactions whereby a Product lends its securities to a security-borrowing counterparty for an agreed fee.
Securities Lending Transactions means transactions whereby the Bosera STAR 50 ETF lends its securities to a security-borrowing counterparty for an agreed fee.
More Definitions of Securities Lending Transactions
Securities Lending Transactions means all obligations of the Borrower (i) to purchase investments which arise out of or in connection with the sale of the same or substantially similar investments or other similar transactions having the same economic effect (excluding Swap Transactions); and (ii) incurred in connection with any security lending transactions described in clause (i).
Securities Lending Transactions has the meaning assigned to such term in the applicable Collateral Valuation Schedule.
Securities Lending Transactions means transactions whereby the Trust lends its securities to a security-borrowing counterparty for an agreed fee.
Securities Lending Transactions means all obligations of the Issuer (i) to purchase investments which arise out of or in connection with the sale of the same or substantially similar investments or other similar transactions having the same economic effect (excluding Swap Transactions); and (ii) incurred in connection with any security lending transactions described in clause (i) with a Securities Lending Counterparty.
Securities Lending Transactions means arrangements whereby securities are loaned to a borrower in exchange for cash collateral. Ownership of the securities is transferred temporarily to the borrower.
Securities Lending Transactions means transactions whereby an Investment Fund lends its securities to a security-borrowing counterparty for an agreed fee
Securities Lending Transactions means transactions whereby a Sub-Fund lends its securities to a security-borrowing counterparty for an agreed fee. “SFC” means the Securities and Futures Commission of Hong Kong. “SFO” means the Securities and Futures Ordinance, Cap. 571 of the Laws of Hong Kong. “Sub-Fund” means a sub-fund of the Trust, being a separate trust which is established pursuant to a supplemental deed and is maintained in accordance with the provisions of the Trust Deed and such supplemental deed and with respect to which one or more separate classes of Units is issued. “Subscription Price” means the price per Unit at which Units of a particular class will be issued, which price shall be ascertained in accordance with the section headed “Subscription of Units” below. “Trust” means VL Trusts and includes the Sub-Funds. “Trust Deed” means the trust deed establishing the Trust entered into by the Manager and the Trustee dated 16 February 2015, and as amended, restated and/or supplemented from time to time. “Trustee” means Standard Chartered Trust (Hong Kong) Limited or such other person or persons for the time being duly appointed trustee or trustees hereof in succession thereto. “Unit” means a unit of the class to which it relates and except where used in relation to a particular class of Unit, a reference to Units means and includes Units of all classes. “Unitholder” means a person registered as a holder of a Unit. “US dollars” or “USD” means the lawful currency of the United States of America. “Valuation Day” means, in relation to any class of Units, the Business Day as at which the Net Asset Value and the Net Asset Value per Unit is to be calculated as specified in the relevant Appendix and/or such other Business Day or Business Days as the Manager may from time to time determine. “Valuation Point” means, unless otherwise specified in the relevant Appendix, the close of business in the last relevant market to close on each Valuation Day or such other time consistent with standard market practice as the Manager may determine either generally or inrelation to a particular class of Units.