WebDefine Transferable Exchangeable Security. means an Exchangeable Security (as defined below) that (i) in the case of an Exchangeable Security that expires prior to the Maturity … WebApr 26, 2024 · Exchangeable debt is a hybrid debt security that can be converted into the shares of a company other than the issuing company; usually a subsidiary. Primary …
SEC Proposes Rule 144 Tacking Amendments
WebJul 29, 2011 · Reverse convertibles are debt obligations of the issuer that are tied to the performance of an unrelated security or basket of securities. Although often described … WebA reverse convertible security or convertible security is a short-term note linked to an underlying stock. The security offers a steady stream of income due to the payment of a high coupon rate. fairfax county public safety building
Equity Securities Sample Clauses: 509 Samples Law Insider
WebThe term “Equity Securities” shall mean (a) Common Stock; (b) rights, options or warrants to purchase Common Stock; (c) any security other than Common Stock having voting rights in the election of the Board of Directors, not contingent upon a failure to pay dividends; (d) any equity- or debt - related security convertible into or exchangeable for … WebJan 6, 2024 · The SEC’s release defines a market-adjustable security as “a convertible or exchangeable security that provides for a conversion rate, conversion price, or other terms that, in each case, would have the effect of offsetting, in whole or in part, declines in value of the underlying securities that may occur prior to conversion or exchange.” WebA mandatorily exchangeable security typically does not confer protection against loss; rather it provides that the amount payable at maturity or upon earlier redemption is a function of the market price of the underlying security. Like an optionally exchangeable security, a mandatorily exchangeable security may require the issuer to pay the ... fairfax county public safety