Specified Securities definition

Specified Securities means ‘equity shares’ and ‘convertible securities’ as defined under clause (zj) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Specified Securities means, with respect to any Person, (a) all preferred Capital Stock issued by such Person and required by the terms thereof to be redeemed or for which mandatory sinking fund payments are due, (b) all securities issued by such Person that contain two distinct components, typically medium-term debt and a forward contract for the issuance of common stock prior to the debt maturity, including such securities commonly referred to by their tradenames as “FELINE PRIDES”, “PEPS”, “HITS”, “SPACES” and “DECS” and generally referred to as “equity units” and (c) all other securities issued by such Person that are similar to those described in the forgoing clauses (a) and (b).

Specified Securities means equity shares and convertible securities;

Examples of Specified Securities in a sentence

• If the Specified Securities are not represented by a Global Security, they are registered in the name of the Undersigned, as or on behalf of the Owner.

• If the Specified Securities are represented by a Global Security, they are held through the Depositary or an Agent Member in the name of the Undersigned, as or on behalf of the Owner.

• The Owner has requested that the Specified Securities be transferred to a person (the "Transferee") who will take delivery in the form of a Restricted Security.

• The Owner also acknowledges that any future transfers of the Specified Securities must comply with all applicable securities laws of the states of the United States and other jurisdictions.

• The Owner has requested that the Specified Securities be transferred to a person (the "Transferee") who will take delivery in the form of a Regulation S Security.

More Definitions of Specified Securities

Specified Securities means the securities set forth on Schedule 2 listed under “C-2” and “C-3”.

Specified Securities has the meaning set out in Clause 27.

Specified Securities means securities for the time being specified in the list in Schedule 1 to the Stock Transfer Act 1982, and includes any right to such securities; and

Specified Securities has the meaning given to it in Section 2.1(a) of this Agreement.

Specified Securities means securities denominated in any freely convertible currency or in Special Drawing Rights of the International Monetary Fund being—

Specified Securities means ‘specified securities’ as defined under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009.

Specified Securities means ‘equity shares’ and ‘convertible securities’ as defined under Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 including any statutory modification(s) or re-enactment(s) thereof.