Value Securities definition

Value Securities has the meaning set out in the Exchange Policy.
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Value Securities means securities issued pursuant to a transaction, for which the deemed value of the securities at least equals the value ascribed to the asset, using a valuation method acceptable to the Exchange, or securities which are otherwise determined by the Exchange to be Value Securities and required to be placed in escrow under a Value Security Escrow Agreement.
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Value Securities means the Common Shares escrowed under the Value Security Escrow Agreement in accordance with Exchange Policy 5.4; and
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Examples of Value Securities in a sentence

  • However, if at least 75% of the securities issued pursuant to the Qualifying Transaction are not Value Securities, all securities issued pursuant to the Qualifying Transaction will be deposited into a surplus security escrow agreement (a “Surplus Security Escrow Agreement”).

  • If the Company determines that it is prohibited from delivering Settlement Value Securities, or that it would be unduly burdensome to do so, the Company shall pay the applicable Payment Amount in cash.

  • However, if at least 75% of the securities issued pursuant to the Qualifying Transaction are not Value Securities, all securities issued pursuant to the Qualifying Transaction will be deposited into a surplus security escrow agreement (a "Surplus Security Escrow Agreement").

  • If Stock Settlement is applicable, the Company will pay the applicable Payment Amount, subject to the following paragraph, by delivering, for each YEELDS represented hereby, Settlement Value Securities having a value on the applicable Valuation Date equal to the applicable Payment Amount.

  • The Calculation Agent will determine the number and kind of Settlement Value Securities to be delivered, and whether cash shall be delivered in lieu of, or in addition to, any Settlement Value Securities, in accordance with the Calculation Agency Agreement and in performing such calculation, the Calculation Agent will round down the cash payment to the nearest cent.

  • If “Stock Settlement” on the face of this Note is checked as applicable, this Note may be settled on the Stated Maturity Date or any Optional Repurchase Date (but not upon any Redemption, acceleration of the maturity of this Note or other prepayment of this Note prior to the Stated Maturity Date unless otherwise specified herein), with shares of Settlement Value Securities at the Company’s option, at the Holder’s option or mandatorily, as indicated on the face of this Note.

  • If the Reference Equity specified on the face of this Note is a basket of common stocks or indices, a Market Disruption Event will occur if a Market Disruption Event occurs with respect to any of the Settlement Value Securities or Relevant Indices included in the basket.

  • If Stock Settlement is applicable and the calculations in the preceding paragraph result in fractional shares, the applicable Payment Amount shall be paid in cash in an amount equal to the value of fractional shares based upon the Closing Prices of the Settlement Value Securities on the applicable Valuation Date.

  • Escrowed Securities on Qualifying Transaction Generally, if at least 75% of the securities issued pursuant to the Qualifying Transaction are "Value Securities", then all the securities issued to Principals of the Resulting Issuer pursuant to the Qualifying Transaction will be deposited into escrow pursuant to a value security agreement (the "Value Security Escrow Agreement").

  • If the relevant Notes may be settled on the Stated Maturity Date or on the Optional Repurchase Date and if Stock Settlement is applicable, the Calculation Agent will determine the number and kind of Settlement Value Securities to be delivered, and whether cash or other property shall be delivered in lieu of, or in addition to, any Settlement Value Securities, all in accordance with Section 4 hereof and the terms of the relevant Notes.


More Definitions of Value Securities

Value Securities means securities issued pursuant to a transaction, for which the deemed value
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Related to Value Securities

  • Securities Exchange means, at any time, the registered national securities exchange on which the Corporation’s equity securities are then principally listed or traded, which shall be either the New York Stock Exchange or NASDAQ Global Market (or similar national quotation system of the NASDAQ Stock Market) (“NASDAQ”) or any successor exchange of either the New York Stock Exchange or NASDAQ.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Securities has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture.

  • Designated Stock Exchange means any United States national securities exchange on which the securities of the Company are listed for trading, including the Nasdaq Capital Market.