Examples of Security Held or to be Acquired in a sentence
In the case of requests for pre-clearance in a Security Held or to be Acquired for any Aquila Fund which is advised by an investment adviser that is not subject to this Code ("external investment adviser"), the President or CCO generally shall grant authorization to trade if the person seeking pre-clearance does not have access to or knowledge of current investment decisions or recommendations of such external investment adviser.
A "Security Held or to be Acquired" by a Fund means (i) any Covered Security which, within the most recent 15 days (A) is or has been held by the Fund or (B) is being or has been considered by the Fund or the Adviser for purchase by the Fund and (ii) any option to purchase or sell, and any security convertible into or exchangeable for, a Covered Security described in the preceding clause (i).
You may not purchase or sell any Security Held or to be Acquired by or for any Client unless the Chief Compliance Officer has determined that: • The purchase or sale of such security is de minimis; and • There are no pending client orders for the same security.
To have a sense of the effectiveness of a proposed solution, baseline solutions should be introduced.
If any Securities or Other Securities returned to you pursuant to clause (ii) or (iii) above were not paid for by you pursuant to Section 6.1 hereof, you shall pay to the Manager an amount per security equal to the amount set forth in Section 6.1(i), in the case of Securities returned to you pursuant to clause (iii) above, or the purchase price of such securities, in the case of Securities or Other Securities returned to you pursuant to clause (ii) above.