Treasuries definition

Treasuries has the meaning assigned to such term in the recitals.

Treasuries shall be any U.S. treasury security less than two years to maturity with an aggregate market value, as determined in the sole discretion of the Administrator [USING THE VALUATION PROCEDURES SET FORTH IN EXHIBIT __,] that together with any cash amount, will equal the purchase price of the Creation Basket being purchased. The total deposit required to create each Basket ("Creation Basket Deposit") is an amount of Treasuries and cash with a value that is in the same proportion to the total assets of the Fund (net of estimated accrued but unpaid fees, expenses and other liabilities) on the date the order to purchase is properly received as the number of Units to be created under the purchase order is in proportion to the total number of Units outstanding on the date the order is received. The General Partner determines, directly in its sole discretion, or through the Administrator, the requirements for Treasuries and the amount of cash, including the maximum permitted remaining maturity of a Treasury and the proportions of Treasury and cash, that may be included in deposits to create Baskets. The [MARKETING AGENT] will publish such requirements [AT THE BEGINNING OF EACH BUSINESS DAY]. Unless otherwise determined by the General Partner, the amount of cash deposit required will be the difference between (i) the aggregate market value of the Treasuries required to be included in a Creation Basket Deposit as of 4:00 PM New York time on the purchase order date and (ii) the total required deposit. An Authorized Purchaser who places a purchase order is responsible for transferring to the Fund's account with the Custodian the required amount of Treasuries and cash by the end of the third Business Day following the purchase order date. Upon receipt of the deposit amount, the Administrator will direct DTC to credit the number of Baskets ordered to the Authorized Purchaser's DTC account on the third Business Day following the purchase order date. The expense and risk of delivery and ownership of Treasuries until such Treasuries have been received by the Custodian on behalf of the Fund shall be borne solely by the Authorized Purchaser.

Treasuries means negotiable debt obligations issued by the U.S. Treasury Department.

Examples of Treasuries in a sentence

• National Treasury in partnership with the Provincial Treasuries have developed municipalities and municipal entities Central Supplier Database (CSD) for the registration of prospective suppliers in line with Section 14(1) (b) of the Municipal Supply Chain Management Regulations (MSCMR).

• Acceptable collateral may be in the form of cash or U.S. Government securities, such as Treasuries and Agency Bonds.

• Funds of the District will be invested in short term U.S. Treasuries, certificates of deposit insured by the Federal Deposit Insurance Corporation (“FDIC”) or secured by collateral evidenced by perfected safekeeping receipts held by a third party bank, and public funds investment pools rated in the highest rating category by a nationally recognized rating service.

• The interest rate on USF under and over recoveries shall be the interest rate based on a two-year constant maturity Treasuries as published in the Federal Reserve Statistical Release on the first day of each month (or the closest day thereafter on which the rates are published), plus sixty basis points, but shall not exceed the Company’s overall rate of return as authorized by the Board.

• Includes securities that are backed by the full faith and credit of the U.S. Government for the timely payment of principal and interest, such as Ginnie Maes, U.S. savings bonds, and U.S. Treasuries, and equivalent securities issued by non-U.S. governments.

More Definitions of Treasuries

Treasuries means (i) any Eligible Treasury or (ii) any Eligible Repo.

Treasuries is defined in Section 2(a) hereof. Capitalized terms used but not otherwise defined herein have the meanings given in the Certificate of Designations.

Treasuries means U.S. Treasury or other similar securities.

Treasuries means the ten-year U.S. Treasury note most recently issued prior to the Determination Date.

Treasuries means security entitlements in and to debt obligations, having a maturity of not more than two years, of the United States Department of the Treasury.

Treasuries means U.S. Treasury securities.

Treasuries means a United States fixed rate security (i.e., a Treasury bond, note or bill, xxt excluding any security (a) which can be surrendered at the option of the holder at face value in payment of any estate tax, (b) which provides tax benefits to the holder, other than withholding tax benefits to nonresident aliens, or (c) which was issued at a discount) maturing in the same month and year as the Loan for which any interest rate calculation is being made based upon the Treasury Rate.