Eligible U.S. Government Securities

Example Definitions of "Eligible U.S. Government Securities"
Eligible U.S. Government Securities. At any time, U.S. Government and U.S. Government Agency securities owned by Borrower, and the shares of any mutual fund and/or unit investment trust owned by Borrower which invests solely in the foregoing, in which Bank has a perfected first priority security interest.
Found in U S GLOBAL INVESTORS INC contract
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