Transferable definition

Transferable means an obligation that is transferable to institutional investors without any contractual, statutory or regulatory restriction, provided that none of the following shall be considered contractual, statutory or regulatory restrictions:
Transferable means shares that are transferable to another Person who also qualifies for membership of the Society in accordance with these Rules;
Transferable have meanings correlative to the foregoing.

Examples of Transferable in a sentence

  • At times, the Fund may be positioned defensively and the exposure to equities may be reduced to 50% of its NAV.Up to 30% of the NAV of the Fund may be invested in cash, cash equivalents, Money Market Instruments and other Transferable Securities not meeting the above requirements.The stock selection follows a highly structured and clearly defined investment process.

  • This restriction shall not prevent the SICAV from acquiring Transferable Securities, Money Market Instruments or other financial instruments referred to in I.

  • Notwithstanding the individual limits laid down in paragraph a), a Fund may not combine: – investments in Transferable Securities or Money Market Instruments issued by a single body, – deposits made with a single body, and/or – exposures arising from OTC derivative transactions and efficient portfolio management techniques undertaken with a single body in excess of 20% of its NAV.

  • By way of derogation, a Fund may be fully collateralised in different Transferable Securities and Money-Market Instruments issued or guaranteed by a Member State of the European Union, one or more of its local authorities, a third country, or a public international body to which one or more Member States of the European Union belong.

  • The limits set out in sub-paragraphs a), b), c) and d) may not be aggregated and, accordingly, investments in Transferable Securities or Money Market Instruments issued by the same body, in deposits or in OTC derivative transactions effected with the same body may not, in any event, exceed a total of 35% of any Fund’s NAV.


More Definitions of Transferable

Transferable means that a subscriber may assign or sell
Transferable means, in the case of any Portfolio Investment, both that:
Transferable means the ability to convey or change the right
Transferable means an obligation that is transferable to institutional investors without any contractual, statutory or regulatory restriction, provided that none of the following shall be considered contractual, statutory or regulatory restrictions: (A) contractual, statutory or regulatory restrictions that provide for eligibility for resale pursuant to Rule 144A or Regulation S promulgated under the United States Securities Act of 1933, as amended (and any contractual, statutory or regulatory restrictions promulgated under the laws of any jurisdiction having a similar effect in relation to the eligibility for resale of an obligation); (B) restrictions on permitted investments such as statutory or regulatory investment restrictions on insurance companies and pension funds; or (C) restrictions in respect of blocked periods on or around payment dates or voting periods.
Transferable and “Transferee” shall each have a correlative meaning.
Transferable shall each have a correlative meaning.
Transferable or is no longer subject to a "substantial risk of forfeiture" (both quoted terms within the meaning of Code Section 83(a));