Equivalent Investments definition

Equivalent Investments. Investments or securities are “equivalent” to other Investments or securities if they are of the same issuer, and “Equivalent Securities” part of the same issue and of an identical type, nominal value, description and amount and have the same rights as those other Investments or securities: PROVIDED THAT, where any Investment or securities are subject to any Corporate Action, Xxxxxx Xxxxxxx may reasonably determine what Investments, securities or other assets (which may consist of or include money or other property) are to be treated as “equivalent” for this purpose; and the expressions “Equivalent Investment” and “Equivalent Securities” are to be construed accordingly
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Equivalent Investments means at any time:
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Equivalent Investments means an amount calculated as follows: Where: A is the Cash and Cash Equivalent Investments in the relevant Non-Wholly Owned Entity which is freely and unconditionally available for distribution to the shareholders of the applicable entity; B is the number of shares in the Non-Wholly Owned Entity held by a member of the Group as at each date this calculation is made; and C is the total number of issued shares in the Non-Wholly Owned Entity as at each date this calculation is made.
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Examples of Equivalent Investments in a sentence

  • Where a Morgan Stanley Company makes use of the Client's Investments, pursuant to paragraph I.1, and where such investments are South African Securities, MSI plc will deliver or procure the delivery by the relevant Morgan Stanley Company of Equivalent Investments, in accordance with paragraph I.2, within a period of twelve months from the date on which such South African Securities became the property of the relevant Morgan Stanley Company.

  • Upon any such use, the Client will have a right against the Morgan Stanley Company (and to the extent that such Morgan Stanley Company fails to deliver Equivalent Investments, to MSI plc) for the delivery of Equivalent Investments in accordance with paragraph I.2. No Morgan Stanley Company will be permitted to exercise its right of use in relation to any additional Client Investments at any time following the occurrence of a MSI plc Act of Insolvency.

  • Pending the use of the net proceeds to finance or refinance Allowable Project Spend, the Company shall maintain net proceeds in cash or Cash Equivalent Investments (as permitted under the CTA).

  • Any and all funds held by the Collateral Agent in its capacity as Collateral Agent, whether pursuant to any provision of any of the Security Documents or otherwise, shall to the extent the Collateral Agent deems it feasible within a reasonable time be invested by the Collateral Agent in Cash Equivalent Investments.

  • Hence(VD + ΔVD)/ (V + ΔV) = VD/V which can be simplified to ΔVD/ΔV = VD/V (2.5) However, since the gearing ratio, VD/V, is always less than unity, it follows that ΔVD/ΔV <1 which implies that ΔVD < ΔV.

  • The Collateral Agent shall have no duty to place funds held pursuant to this Section 5.11 in investments which provide a maximum return; provided, however, that the Collateral Agent shall to the extent the Collateral Agent deems it feasible invest funds in Cash Equivalent Investments with reasonable promptness.

  • Figure 1 illustrates how transcription-based discourse comments (<spanGrp type="DK">)20 and timeline-based speech-rate information (<spanGrp type ="speech-rate">) are represented in our corpora.

  • Cash and Cash Equivalent Investments are relevant to the definition of Total [Net] Debt and thus a fundamental component of the Gearing ratio.

  • Note the investment income for May 2017 is $372,802 bringing the total interest earned on Cash and Cash Equivalent Investments for the 2016/17 Financial Year to $4,470,735 which is $835,893 above the year to date budget.

  • This evaluation plan will be reviewed and revised, as needed, with the Ministry of Health and USAID.

Related to Equivalent Investments

  • Cash Equivalent Investments means at any time:

  • Cash Equivalent Investment means, at any time:

  • Permitted Cash Equivalent Investments means (i) marketable direct obligations issued or unconditionally guaranteed by the United States or any agency or any State thereof having maturities of not more than two (2) years from the date of acquisition and (ii) commercial paper maturing no more than one (1) year after its creation and having the highest rating from either Standard & Poor’s Ratings Group or Xxxxx’x Investors Service, Inc.

  • 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;

  • Equivalent Load means the sum of a Market Participant’s net system requirements to serve its customer load in the PJM Region, if any, plus its net bilateral transactions.

  • Dose equivalent (HT means the product of the absorbed dose in tissue, quality factor, and all other necessary modifying factors at the location of interest. The units of dose equivalent are the sievert (Sv) and rem.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Equivalent Preferred Stock shall have the meaning set forth in Section 11(b) hereof.

  • Lead equivalent means the thickness of lead affording the same attenuation, under specified conditions, as the material in question.

  • Alternative Investments means investments in the said State which are within the ability and competence of the Company or of corporations which are related to the Company for the purposes of the Companies (Western Australia) Code and which are approved by the Minister from time to time as alternative investments for the purpose of this Agreement (which approval shall not be unreasonably withheld in the case of an investment which would add value or facilitate the addition of value, beyond mining, to the mineral resources of the said State);”;

  • Other Investments means assets which are not Direct Investments or Underlying Funds.

  • Incremental Equivalent Debt has the meaning assigned to such term in Section 6.01(a)(xxiii).

  • Dose equivalent (HT) means the product of the absorbed dose in tissue, quality factor, and all other necessary modifying factors at the location of interest. The units of dose equivalent are the sievert (Sv) and rem.

  • Equivalent Preferred Shares shall have the meaning set forth in Section 11(b) hereof.

  • Equivalent Shares means Preferred Shares and any other class or series of capital stock of the Company which is entitled to the same rights, privileges and preferences as the Preferred Shares.

  • Eligible Investments Any one or more of the obligations and securities listed below which investment provides for a date of maturity not later than the Determination Date in each month:

  • Call Equivalent Position shall have the meaning set forth in Rule 16a-1(b) under the Exchange Act.

  • Eligible Investment means any investment that at the time of its acquisition is one or more of the following:

  • Dollar Equivalent Amount means (i) with respect to any amount of Alternate Currency on any day, the equivalent amount in Dollars of such amount of Alternate Currency as determined by the Administrative Agent using the applicable Exchange Rate on such day and (ii) with respect to any amount of Dollars, such amount.

  • B/A Equivalent Loan has the meaning assigned to such term in Section 2.06(j).

  • Capital Shares Equivalents means any securities, rights, or obligations that are convertible into or exchangeable for or give any right to subscribe for any Capital Shares of the Company or any warrants, options or other rights to subscribe for or purchase Capital Shares or any such convertible or exchangeable securities.

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Effective dose equivalent (HE means the sum of the products of the dose equivalent to each organ or tissue (HT) and the weighting factor (wT) applicable to each of the body organs or tissues that are irradiated (HE = Σ wTHT).

  • 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.