Government Treasury Strips definition

Government Treasury Strips those certain United States Treasury securities in an amount not to exceed $3,089,752 currently maintained by Mirage Resorts, Incorporated in a restricted account for the benefit of GNLV, Corp. as a reserve in accordance with Nevada Gaming Commission Regulation 5.115, pursuant to the order of the Nevada Gaming Commission dated August 27, 1993, and to be maintained after the Closing Date in a restricted account of GNLV, Corp. as a reserve pursuant to Gaming Laws, securing periodic payments due to a progressive slot machine jackpot winner at GNLV, Corp., which jackpot totaled $3,089,752 payable in 20 equal annual installments of $154,488, without interest, commencing September 24, 1988 and ending September 24, 2007.
Government Treasury Strips means those certain Government Treasury Strips referenced in Section 3.18 of the Disclosure Schedule.
Government Treasury Strips means those certain United States Treasury securities in an amount not to exceed $3,089,752 maintained by Mirage Resorts, Incorporated in a restricted account for the benefit of GNLV as a reserve in accordance with Nevada Gaming Commission Regulation 5.115, pursuant to the order of the NGC dated August 27, 1993, and to be maintained after the Closing Date in a restricted account of GNLV as a reserve pursuant to Gaming Laws, securing periodic payments due to a progressive slot machine jackpot winner at GNLV, which jackpot totaled $3,089,752 payable in 20 equal annual installments of $154,488, without interest, commencing September 24, 1988 and ending September 24, 2007.

Examples of Government Treasury Strips in a sentence

  • Section 118-103(d), be and is hereby amended to add the following:(2) Cypress Bend Subdivision to include the following streets and roadways:Hackberry Drive, Alder Lane, Tupelo Drive, Chinquipin Drive, Bitter Pecan, Button Willow, Ironwood StreetCross Reference – 94:10The ordinance was offered by Ms. Parks, seconded by Mr. Marsiglia.

  • Bolloré Transport and Logistics is one of the largest transport and logistics operators in Africa.Bolloré Transport and Logistics, Ghana conduct freight forwarding and transportation activities within West Africa.

  • Promptly following receipt of the Closing Date Purchase Price, Seller shall instruct Credit Suisse First Boston to transfer the Government Treasury Strips to Purchaser’s Account at Bank of America, Account # XXX-XXXXXX, and Purchaser acknowledges that such instruction shall satisfy the condition set forth in Section 6.3(o) of the SPA.

  • The Authority had investments of five percent or more in the State Non-Arbitrage Program® (36%), the First American Government Obligation Fund (35%), US Government Treasury Strips (21%), and the JP Morgan US Government Money Market Fund (8%).

  • INVESTMENTS (CONTD.) GROUP 2003 2002COMPANY 2003 2002(c) Other investmentsRM'000RM'000RM'000RM'000Quoted shares, at cost:- in Malaysia 32 32 Others 70 70 70 70 67,311 78,415 53,585 55,703 Total 122,540 156,594 108,782 133,850 Market value of quoted shares:- in Malaysia 63 66 - -- outside Malaysia 20,774 32,128 20,774 32,128 The US Government Treasury Strips have been pledged as substituted collateral for certain borrowings disclosed in Note 20.

  • The US Government Treasury Strips have been pledged as substituted collateral for certain borrowings disclosed in Note 7 to the accounts.

Related to Government Treasury Strips

  • Treasury Stock shall have the meaning set forth in Section 3.1.2.

  • Government Securities means direct obligations of, or obligations guaranteed by, the United States of America, and the payment for which the United States pledges its full faith and credit.

  • Treasury Securities means U.S. Dollar-denominated, coupon-bearing, senior debt securities of the United States of America issued by the U.S. Treasury Department and backed by the full faith and credit of the United States of America.

  • Long-Term U.S. Government Securities means U.S. Government Securities maturing more than one year from the applicable date of determination.

  • U.S. Treasury Securities means direct obligations of the United States Treasury that are entitled to the full faith and credit of the United States.

  • Foreign Government Securities means with respect to Subordinated Debt Securities of any series that are denominated in a Foreign Currency, non-callable (i) direct obligations of the participating member state or government that issued such Foreign Currency for the payment of which obligations its full faith and credit is pledged or (ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of such participating member state or government, the payment of which obligations is unconditionally guaranteed as a full faith and credit obligation of such participating member state or government. For the avoidance of doubt, for all purposes hereof, euro shall be deemed to have been issued by each participating member state from time to time.

  • Pledged Treasury Securities has the meaning set forth in Section 2.1(c) of the Pledge Agreement.

  • U.S. Government Securities means securities that are direct obligations of, and obligations the timely payment of principal and interest on which is fully guaranteed by, the United States or any agency or instrumentality of the United States the obligations of which are backed by the full faith and credit of the United States and in the form of conventional bills, bonds, and notes.

  • U.S. Government Securities Business Day means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.

  • Government Security means any security issued or guaranteed as to principal or interest by the United States, or by a person controlled or supervised by and acting as an instrumentality of the Government of the United States pursuant to authority granted by the Congress of the United States; or any certificate of deposit for any of the foregoing.

  • Government of Canada Yield on any date means the yield to maturity on such date (assuming semi-annual compounding) of a Canadian dollar denominated non-callable Government of Canada bond with a term to maturity of five years as quoted as of 10:00 a.m. (Toronto time) on such date and which appears on the Bloomberg Screen GCAN5YR Page on such date; provided that, if such rate does not appear on the Bloomberg Screen GCAN5YR Page on such date, the Government of Canada Yield will mean the average of the yields determined by two registered Canadian investment dealers selected by the Corporation, as being the yield to maturity on such date (assuming semi-annual compounding) which a Canadian dollar denominated non-callable Government of Canada bond would carry if issued in Canadian dollars at 100% of its principal amount on such date with a term to maturity of five years.

  • Treasury Security means the United States Treasury security that the Treasury Dealer determines would be appropriate to use, at the time of determination and in accordance with standard market practice, in pricing the Debentures being redeemed in a tender offer based on a spread to United States Treasury yields.

  • United States Government Obligations means bonds, notes, certificates of indebtedness, treasury bills or other securities constituting direct obligations of, or obligations the principal of and interest on which are fully and unconditionally guaranteed as to full and timely payment by, the United States of America, including evidences of a direct ownership interest in future interest or principal payment on obligations issued by the United States of America (including the interest component of obligations of the Resolution Funding Corporation), or securities which represent an undivided interest in such obligations, which obligations are rated in the highest rating category by a nationally recognized rating service and such obligations are held in a custodial account for the benefit of the Issuer.

  • Government data means any information, document, media, or machine readable material regardless of physical form or characteristics, that is created or obtained by the Government in the course of official Government business.

  • Treasury Share means a Share held in the name of the Company as a treasury share in accordance with the Statute.

  • Short-Term U.S. Government Securities means U.S. Government Securities maturing within one year of the applicable date of determination.

  • Eligible municipality means any of the following:

  • U.S. Government Obligations means direct obligations (or certificates representing an ownership interest in such obligations) of the United States of America (including any agency or instrumentality thereof) for the payment of which the full faith and credit of the United States of America is pledged and which are not callable at the issuer’s option.

  • Equivalent Securities with respect to a Transaction, Securities equivalent to Purchased Securities under that Transaction. If and to the extent that such Purchased Securities have been redeemed, the expression shall mean a sum of money equivalent to the proceeds of the redemption;

  • Agency or instrumentality of the government of Venezuela means an agency or instrumentality of a foreign state as defined in section

  • Government Grant means the Government Grant document specified in Schedule 2;

  • SDA municipality means a municipality in which an SDA

  • Equivalent Security means any Security issued by the same entity as the issuer of a subject Security, including options, rights, stock appreciation rights, warrants, preferred stock, restricted stock, phantom stock, bonds, and other obligations of that company or Security otherwise convertible into that Security. Options on Securities are included even if, technically, they are issued by the Options Clearing Corporation or a similar entity.

  • Government of Venezuela means the government of any political subdivision of Venezuela, and any agency or instrumentality of the government of Venezuela.

  • U.S. Government Obligation means (x) any security which is (i) a direct obligation of the United States of America for the payment of which the full faith and credit of the United States of America is pledged or (ii) an obligation of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America, which, in either case (i) or (ii), is not callable or redeemable at the option of the issuer thereof, and (y) any depositary receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act) as custodian with respect to any U.S. Government Obligation which is specified in Clause (x) above and held by such bank for the account of the holder of such depositary receipt, or with respect to any specific payment of principal of or interest on any U.S. Government Obligation which is so specified and held, provided that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depositary receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific payment of principal or interest evidenced by such depositary receipt.

  • Government Office means any office of the Federal Government that has possession or control of assassination records, including—