Treasury Unit definition

Treasury Unit means, following the substitution of Treasury Securities for Pledged Applicable Ownership Interests in Notes as Collateral to secure a Holder’s Obligations under the Purchase Contract, the collective rights and obligations of a Holder of a Treasury Units Certificate in respect of such Treasury Securities, subject to the Pledge thereof, and the related Purchase Contract.

Treasury Unit has the meaning set forth in the Purchase Contract and Pledge Agreement.

Treasury Unit means, following the substitution of one or more Treasury Securities for Debentures as collateral to secure a holder's obligations under a Purchase Contract, the collective rights and obligations of a Holder of a Treasury Unit Certificate in respect of such Treasury Securities, subject in each case to the Pledge, and the related Purchase Contract.

Examples of Treasury Unit in a sentence

• Rarely this amount may be settled with the first accommodation payment, whose payment may take place at Treasury Unit of IST.

• Except as provided in the Purchase Contract and Pledge Agreement, such Treasury Unit shall not be separable into its constituent parts, and the rights and obligations of the Holder of such Treasury Unit in respect of the interest in the Treasury Security and the Purchase Contract constituting such Treasury Unit may be acquired, and may be transferred and exchanged, only as a Treasury Unit.

• European Parliament Directorate-General for Finance Directorate A – Budget and Financial Services Accounting and Treasury Unit Att.

• The Treasury Units Certificates are issuable only in registered form and only in denominations of a single Treasury Unit and any integral multiple thereof.

• The Certificates shall be issuable only in registered form (which, for the avoidance of doubt, in the case of Global Certificates, shall be registered in the name of the Depository or its nominee) and only in denominations of a single Corporate Unit or Treasury Unit and any integral multiple thereof.

More Definitions of Treasury Unit

Treasury Unit means, following the substitution of Treasury Securities for Pledged Applicable Ownership Interests in Debentures as Collateral to secure a Holder’s Obligations under the Purchase Contract, the collective rights and obligations of a Holder of a Treasury Units Certificate in respect of such Treasury Securities, subject to the Pledge thereof, and the related Purchase Contract.

Treasury Unit means, following the substitution of a Treasury Security for Pledged Applicable Ownership Interests in Convertible Preferred Stock as collateral to secure a Holder’s obligations under the Purchase Contract, the collective rights and obligations of a Holder of a Treasury Units Certificate in respect of a 1/10 undivided beneficial ownership interest in a Treasury Security, subject to the Pledge thereof, and the related Purchase Contract.

Treasury Unit means the collective rights and obligations of a Holder of a Treasury Units Certificate in respect of a [1/40] undivided beneficial interest in a Treasury Security, subject to the Pledge thereof, and the related Purchase Contract.

Treasury Unit means, following the substitution of Treasury Securities for Senior Notes as collateral to secure a Holder's obligations under the Purchase Contract, the collective rights and obligations of a Holder of a Treasury Units Certificate in respect of such Treasury Securities, subject to the Pledge thereof, and the related Purchase Contract.

Treasury Unit means the Treasury Unit of SOCAR Turkey’s Finance Department.

Treasury Unit shall have the meaning set forth in the Purchase Contract and Pledge Agreement.

Treasury Unit will be a unit consisting of: