MP SECURITIES definition

MP SECURITIES. “MPIC” Ministry Partners Securities, LLC Ministry Partners Investment Company, LLC 000 Xxxx Xxxxxxxx Xxxxxxx, Xxxxx 000000 Xxxx Xxxxxxxx Xxxxxxx, Xxxxx 000 Xxxx, Xxxxxxxxxx 00000Xxxx, California 92821 ​ By:_/s/ Xxxxxx X. Xxxxxx _________By:_/s/ X. Xxxxxxx Xxx____ _______ Name: Xxxxxx X. Xxxxxx X. Xxxxxxx Xxx Title: President and CEO Chairman of the Board of Managers ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ EXHIBIT A Description of Services Provided ​ Item Fee or Pricing Arrangements ​ Accounting, Finance ​●Accounting and finance reporting​●MPIC shall provide access to its core system processing services provided by Fiserv, including the maintenance of accounting records, processing of accounts payable, production of periodic financial reports and coordination of audit and financial reporting systems, providing reports and returns for IRS purposes​ ​Allocation of Expenses are based on detailed billing provided by 3rd Parties when possible, otherwise as listed below Computer and Data Management ​●MPIC will also make available to MP Securities its customer software support systems and software and network solutions provided by the following providers and allocated as follows: ​oPrologue oFIS (formerly ProNet) oData access (phone and internet service)oOther shared software programs​●MPIC also agrees to provide MP Securities with management and information systems, computer and office equipment use in maintaining administrative data for the conduct of MP Securities’ operations as a broker dealer firm​ ​​​​​​​15%15%15%15% or based upon actual usage when determinableCharges for services provided to MPS by any service provider will be allocated on cost of services provided Salaries and Employee Costs​●Salaries for management, support staff, including payroll taxes, health insurance and benefits including Worker’s Compensation. Allocation based on actual expenses at the following %’s:​President/CEO 20%CFO 10%VP Finance 20%Sales Support Mgr 80%Staff Acct/OPS 10% VP Strat. Initiatives 20% Office Rent (Brea)​●Including rent expense, common area maintenance, leasehold improvement depreciation, and other occupancy-related expenses ​​10% (Based on the usage of office space and shared space by dual employees and MPS employees)​ Insurance​●Officers and directors liability insurance​●General liability​●Professional Liability​​ ​​Based on actual expenses which, if not explicitly documented, are determined through an allocation provided by the insurance broker​ Travel Expenses​ Based on a...

Related to MP SECURITIES

  • Lock-Up Securities shall have the meaning set forth in Section 4.1.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • Partnership Securities means any additional Units, options, rights, warrants or appreciation rights relating thereto, or any other type of equity security that the Partnership may lawfully issue, any unsecured or secured debt obligations of the Partnership or debt obligations of the Partnership convertible into any class or series of equity securities of the Partnership.

  • Series B Securities means the Company's Series B 9 3/8% Junior Subordinated Deferrable Interest Debentures due May 1, 2028, as authenticated and issued under this Indenture.

  • Series A Securities means the Company's 10.01% Series A Junior Subordinated Deferrable Interest Debentures due March 15, 2027, as authenticated and issued under this Indenture.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • BofA Securities means BofA Securities, Inc.

  • Securities as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Exempt Securities has the meaning set forth in Section 4.4(d).

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Contract Securities means the Offered Securities, if any, to be purchased pursuant to the delayed delivery contracts referred to below.

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefore;

  • Capital Securities means undivided beneficial interests in the assets of the Trust which rank pari passu with Common Securities issued by the Trust; provided, however, that upon the occurrence and continuance of an Event of Default (as defined in the Declaration), the rights of holders of such Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of such Capital Securities.

  • Subject Securities means: (a) all securities of the Company (including all shares of Company Common Stock and all options, restricted stock units, warrants and other rights to acquire shares of Company Common Stock) Owned by Stockholder as of the date of this Agreement; and (b) all additional securities of the Company (including all additional shares of Company Common Stock and all additional options, restricted stock units, warrants and other rights to acquire shares of Company Common Stock) of which Stockholder acquires Ownership during the Voting Period.

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase stock of the Corporation, and (iv) any other interest that would be treated as “stock” of the Corporation pursuant to Treasury Regulation § 1.382-2T(f)(18).

  • Investor Securities means the securities eligible for registration pursuant to the Registration Rights Agreement.

  • Company Securities means (i) the Common Stock, (ii) securities convertible into or exchangeable for Common Stock and (iii) any options, warrants or other rights to acquire Common Stock.

  • Refused Securities has the meaning ascribed to such term in Section 4.1(c)

  • Permitted Securities means any of the following:

  • Non Book-Entry Preferred Securities shall have the meaning set forth in Section 2.4.

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;

  • Designated Securities means securities issued by an Insured, or by any Affiliated Entity, or by any Fund to which such Insured or any Affiliated Entity provides any services.

  • Liquid Securities means securities that are publicly traded on the New York Stock Exchange, NYSE MKT, the Nasdaq Stock Market or any other regulated stock exchange in the United States, Canada, Europe or Australia (or any of their successors) and as to which the Company is not subject to any restrictions on sale or transfer (including any volume restrictions under Rule 144 under the Securities Act or any other restrictions imposed by the Securities Act) or as to which a registration statement under the Securities Act covering the resale thereof is in effect for as long as the securities are held; provided that securities meeting such requirements shall be treated as Liquid Securities from the date of receipt thereof until and only until the earlier of (a) the date on which such securities are sold or exchanged for cash or Cash Equivalents and (b) 180 days following the date of receipt of such securities. If such securities are not sold or exchanged for cash or Cash Equivalents within 180 days of receipt thereof, for purposes of determining whether the transaction pursuant to which the Company or a Restricted Subsidiary received the securities was in compliance with Section 4.12 , such securities shall be deemed not to have been Liquid Securities at any time.

  • Covered Securities means any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a "security", or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase any of the foregoing.