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 scheme lends its securities to a security-borrowing counterparty for an agreed fee.

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).

Examples of securities lending transactions in a sentence

• Reference is made to an Agency Agreement for Securities Lending Transactions dated October 4, 2004 by and between certain of the Funds and the Bank, as amended from time to time, and as in effect on the date hereof prior to giving effect to this Amendment (the “Agreement”).

• This Twelfth Amendment (“Amendment”) to Agency Agreement for Securities Lending Transactions effective as of March 6, 2014, by and between CITIBANK, N.A., a national banking organization (the “Bank”) and each of the registered investment companies listed on Exhibit B to the Agency Agreement (as defined below), as amended (each such company, a “Customer” or “Fund”).

• Xxxxx Title: Treasurer Title: Managing Director See 4th Amd., dated 9/15/08 Exhibit B This Exhibit is attached to and made part of the Agency Agreement for Securities Lending Transactions dated the 4th day of October, 2004, as amended from time to time, is between each of the registered investment companies on behalf of its respective series companies, if any, listed on Exhibit B thereto (each a “Fund”), and HSBC BANK USA (“Bank”).

• This Eighth Amendment to Agency Agreement for Securities Lending Transactions (“Amendment”) effective as of the Effective Date (as defined below), by and between CITIBANK, N.A., a national banking organization (the “Bank”) and each of the registered investment companies listed on Exhibit B to the Agency Agreement, as amended (as defined below) (each such company, as “Customer” or “Fund”).

• Xxxxx Name: Xxxxxx Xxxxxxx Title: Treasurer Title: Managing Director See Sixth Amendment dated 1/29/10 Exhibit B This Exhibit is attached to and made part of the Agency Agreement for Securities Lending Transactions dated the 4th day of October, 2004, as amended from time to time, is between each of the registered investment companies on behalf of its respective series companies, if any, listed on Exhibit B thereto (each a “Fund”), and HSBC BANK USA (“Bank”).

More Definitions of securities lending transactions

securities lending transactions means transactions whereby the Bosera STAR 50 ETF lends its securities to a security-borrowing counterparty for an agreed fee.

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 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 an Investment Fund lends its securities to a security-borrowing counterparty for an agreed fee “Securities Market”any stock exchange, over-the-counter market or other organised securities market that is open to the international public and on which such securities are regularly traded

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.