Stock Loan definition

Stock Loan means a “Loan” as used in the Master Securities Loan Agreement published from time to time by the Bond Market Association.
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Stock Loan means a loan or other extension or other extension of credit to the Plan which is used to finance the purchase of Company Stock, or to refinance a prior Stock Loan.
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Stock Loan as defined in the UK Facility Agreement shall have the same meanings in this Master Guarantee as in the UK Facility Agreement.
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Examples of Stock Loan in a sentence

  • Maximum Stock Loan Rate: For each Transaction, as set forth in the related Supplemental Confirmation.

  • Limited-Life Preferred Stock: See "Preferred Stock." Loan: For purposes of these reports, a loan is generally an extension of credit resulting from direct negotiations between a lender and a borrower.

  • Maximum Stock Loan Rate means, in respect of an Underlying Share, the Maximum Stock Loan Rate specified in the Applicable Final Terms.

  • If Increased Cost of Stock Borrow is applicable, the Initial Stock Loan Rate in respect of each relevant UnderlyingNot ApplicableNot Applicable25.

  • The term "Stock Loan" means either a “Hedge Loan” or a “Market Loan” or both as the context requires.

  • However, should the market price for a security for which the Corporation has not waived requirement (iv) fall below $3, no new Stock Loan or Market Loan transactions may be submitted for clearance, but existing positions may be maintained.

  • The term "stock loan position" means the position of a Lending Clearing Member in respect of a Stock Loan.

  • The term "Borrowing Clearing Member" means any Hedge Clearing Member or Market Loan Clearing Member that borrows Eligible Stock in a Stock Loan.

  • In the event that Party A’s stock loan rate exceeds the Maximum Stock Loan Rate, Party A may give notice to Party B that it elects to terminate such Transaction, specifying the date of such termination, which may be the same day that the notice of termination is effective, provided, however, that if Party B can arrange a source of stock borrow acceptable to Party A at a rate less than or equal to the Initial Stock Loan Rate, then no Hedging Disruption Event shall have occurred.

  • Hedging Party: [ ] (If not applicable, delete the remaining sub- paragraphs of this paragraph)[Change in Law] [Hedging Disruption][Increased Cost of Hedging] [Increased Cost of Stock Borrow] [Insolvency Filing](N.B. Only applicable in the case of Equity Linked Redemption Notes)[Loss of Stock Borrow][The Maximum Stock Loan Rate in respect of [specify in relation to each Underlying Equity/Security] is [ ]].


More Definitions of Stock Loan

Stock Loan as defined in Borrower's 10-Q Report for the quarter ended March 31, 1996) plus principal payments on other term debt, all calculated in accordance with GAAP. Debt Service Coverage for Borrower and its Subsidiaries, on a consolidated basis, calculated as above set forth but including principal payments made under the Stock Loan shall not fall below 1.00 to 1.00.
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Stock Loan means the Participant's loan(s) payable to the Company which were executed in connection with the Company's October 1997 initial public offering.
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Stock Loan means that certain revolving line of credit in an amount not to exceed Fifty Million and No/100 Dollars ($50,000,000.00).
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Stock Loan means a loan of Borrowed Securities from the Custodian (on behalf of the Investor) to the Securities Borrower under this clause 25.
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Stock Loan has the meaning given in clause 15.2(e).
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Stock Loan means the Shares that IBA agrees to lend to you to cover your short sale. Trading Day means a day on which the market known as the ASX is open for trading.
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Related to Stock Loan

  • Co-op Loan A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • PIK Loan has the meaning set forth in Section 3.02(d).

  • Stock Acquisition means the purchase or other acquisition by a Person or its Subsidiaries of all or substantially all of the Stock of any other Person.

  • Term SOFR Loan means a Loan that bears interest at a rate based on Term SOFR.

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Alternate Base Rate”.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such, or such earlier date as a majority of the Board of Directors shall become aware of the existence of an Acquiring Person.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Unrestricted Stock means an Award pursuant to Section 11 hereof.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Convertible Indebtedness means Indebtedness of the Parent that is convertible into common Equity Interests of the Parent (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common Equity Interests).

  • Term SOFR Borrowing means, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Rollover Loan means one or more Loans:

  • Consolidation Loan means a Loan made pursuant to and in full compliance with Section 428C of the Higher Education Act.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Term Loan as defined in Section 2.1.

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • Permitted Convertible Indebtedness means unsecured Indebtedness in the form of notes issued by the Borrower that (i) as of the date of issuance thereof contains terms, conditions, covenants, conversion or exchange rights, redemption rights and offer to repurchase rights, in each case, as are typical and customary for notes of such type, (ii) is convertible or exchangeable into a fixed number of shares of common stock of the Borrower (or Qualified Equity Interests following a merger event or other change of common stock of the Borrower), cash or a combination thereof (such amount of cash determined by reference to the price of the Borrower’s common stock or such Qualified Equity Interests), and cash in lieu of fractional shares of common stock of the Borrower, (iii) has a stated final maturity date that is no earlier than the date that is one hundred eighty (180) days after the Maturity Date (the “Earliest Date”), (iv) shall not be required to be repaid, prepaid, redeemed, repurchased or defeased (whether through scheduled amortization, principal payments, mandatory redemptions or payments of principal or otherwise), whether on one or more fixed dates, prior to the Earliest Date, except (x) upon the occurrence of an event of default, “fundamental change” or equivalent or (y) following the Borrower’s election to redeem such notes to the extent expressly permitted pursuant to Section 9.07(d) or as otherwise consented to by the Majority Lenders; provided that the right to convert such Indebtedness into Qualified Equity Interests, cash or any combination thereof shall not be deemed to violate this clause (iv), (v) is not supported by a Guaranty made or issued by any Subsidiary of the Borrower that is not an Obligor and (vi) does not provide for or require the payment of cash interest in excess of five and a half (5.5%) per annum2.

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.