Returned Securities definition

Returned Securities means any Bonds returned to the Issuer by the Collateral Lending Counterparty pursuant to the terms of the Collateral Lending Agreement;
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Returned Securities has the meaning given in the Control Agreement.
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Examples of Returned Securities in a sentence

  • Any distribution from the Repayment Account to the Trustee pursuant to this Section 6.4 shall be made equally out of the Repayment Cash Account Assets and the Returned Securities Account Assets.

  • The Trustee shall initially (i) deposit all interest payments and other investment income on Investment Account Assets into the Investment Account, (ii) all interest payments and other investment income on Payment Account Assets into the Payment Account, (iii) all interest payments and other investment income on Repayment Cash Account Assets into the Repayment Cash Account and (iv) all dividend payments and other investment income on Returned Securities Account Assets into the Returned Securities Account.

  • The Grantor hereby agrees to establish and maintain with the Trustee the Investment Account, the Payment Account, the Repayment Cash Account and the Returned Securities Account.

  • The Trustee shall exercise any right to redeem Returned XL Preferred Securities in the Returned Securities Account, if any, solely as directed by the Grantor and if the Trustee does not receive any direction from the Grantor with respect to any such redemption right, abstain from exercising such redemption right.

  • If at the time of expiration of the Securities Return Period the Grantor has not deposited the full amount of Returned XL Preferred Securities into the Returned Securities Account, the Trustee shall distribute all Repayment Cash Account Assets to XLIB or its designee on the first Business Day following the expiration of the Securities Return Period.

  • The Grantor shall have the option to deposit the full amount of Returned XL Preferred Securities into the Returned Securities Account at any time during the Securities Return Period.

  • Prior to or at the Closing, Cognate shall surrender to the Company for retirement all shares of Common Stock constituting Returned Securities, the warrants constituting Returned Securities to the extent previously delivered to Cognate, a duly executed counterpart of the New Warrants and any other documents or instruments reasonably requested prior to such Closing by the Company in connection with the consummation of the transactions contemplated by this Agreement.

  • The Assets in the Returned Securities Account (the “Returned Securities Account Assets”), if any, shall consist of (i) the Returned XL Preferred Securities deposited by the Grantor pursuant to Section 3.6 and Section 6.1 hereof and (ii) dividends and other payments, if any, paid on the Returned XL Preferred Securities (irrespective of when declared) while such Returned XL Preferred Securities are in the Returned Securities Account.

  • Each of the Investment Account, the Payment Account, the Repayment Cash Account and the Returned Securities Account shall be maintained separately from any other Account maintained with the Trustee, and the Assets in each Account shall be segregated from the Assets in any other Account.

  • Except for the Grantor and XLIB, none of the Beneficiaries shall have any claim, interest or right hereunder or otherwise in the Returned Securities Account Assets.

Related to Returned Securities

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • 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;

  • Related Securities means any options or warrants or other rights to acquire Shares or any securities exchangeable or exercisable for or convertible into Shares, or to acquire other securities or rights ultimately exchangeable or exercisable for or convertible into Shares.

  • Released Securities means Shares of Restricted Stock with respect to which all applicable restrictions have expired, lapsed, or been waived.

  • 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.

  • 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.

  • Exempted Securities means:

  • Purchased Securities has the meaning assigned in the Terms;

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

  • Certificated Securities means Securities in the form of physical, certificated Securities in registered form.

  • Purchaser Securities means the Purchaser Shares, Purchaser Rights, Purchaser Units, Purchaser Warrants, collectively.

  • Liquid Securities means securities that are publicly traded on the New York Stock Exchange, the American Stock Exchange or the Nasdaq Stock Market and as to which the Company or any Restricted Subsidiary 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 the foregoing 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 4.11, 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.

  • Subordinated Securities means Securities that by the terms established pursuant to Section 2.02(i) are subordinated in right of payment to Senior Debt of the Company.

  • Permitted Securities means any of the following:

  • Rated Securities means each Class of Securities that has been rated by one or both Rating Agencies at the request of the Seller.

  • uncertificated securities means securities as defined in the Securities Services Act which are by virtue of the Companies Act transferable without a written instrument and are not evidenced by a certificate;

  • Specified Securities means ‘equity shares’ and ‘convertible securities’ as defined under clause (zj) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • 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.

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Management Shares means a management share in the capital of the ICAV which shall have the right to receive an amount not to exceed the consideration period for such Management Share.

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

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

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