Discounted Security definition

Discounted Security means any Security which provides for an amount (excluding any amounts attributable to accrued but unpaid interest thereon) less than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 5.02.
Discounted Security means a Security where the amount of principal due upon acceleration is less than the stated principal amount.
Discounted Security means any Security which provides for an amount (excluding any amounts attributable to accrued but unpaid interest thereon) less than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 5.2.

Examples of Discounted Security in a sentence

  • INDEBTEDNESSIndebtedness of the Company including interest outstanding/accrued but not due for payment (In Rupees) Secured Loans Excluding depositsUnsecured LoansNote: Debts includes Borrowings against Loan, Bills Discounted, Security deposit and preference shares reclassified as per Ind AS,2015 but do not include Bank Guarantee/Buyers Credit.VI.

  • Incoming starting materials should be sampled under appropriate conditions in order to prevent contamination and cross-contamination.

  • My decision Relevant Discounted Security Loss Claim No relief is due for the loss you claimed to have sustained on a relevant discounted security.

  • INDEBTEDNESSIndebtedness of the Company including interest outstanding/accrued but not due for payment (In Rupees) Secured Loans Excluding depositsUnsecured LoansNote: Debts includes Borrowings against Loan, Bills Discounted, Security deposit but do not include Bank Guarantee/Buyers Credit.

  • Knowledge Management (KM) was initially defined as the process of applying a systematic approach to the capture, structuring, management, and dissemination of knowledge throughout an organisation (see Figure 2-1) to work faster, reuse best practices, and reduce costly rework from project to project (Nonaka and Takeuchi, 1995).


More Definitions of Discounted Security

Discounted Security. The term "
Discounted Security means any Collateral Debt Security acquired by or on behalf of the Issuer for a purchase price (excluding accrued interest thereon) of less than 92 per cent. (or, in the case of a Collateral Debt Security rated "A1" or less by Moody's or "A+" or less by S&P, less than 75 per cent.) of the outstanding principal amount of such Collateral Debt Security, provided that such Collateral Debt Security shall cease to be a Discounted Security where the Market Value thereof for any period of 60 consecutive Business Days equals or exceeds 95 per cent. of the outstanding principal amount of such Collateral Debt Security (or, in the case of aCollateral Debt Security rated "A1" or less by Moody's or "A+" or less by S&P where the Market Value thereof for any period of 60 consecutive Business Days equals or exceeds 85 per cent of the outstanding principal amount thereof) (each as certified by the Investment Manager to the Issuer, Trustee and Collateral Administrator).
Discounted Security means a Security where the amount of principal due upon acceleration is less than the stated principal amount. “Holder” or “Securityholder” means the person in whose name a Security is registered as to principal and interest by the Registrar. “Indenture” means this Indenture and any Securities Resolution as amended or supplemented from time to time.

Related to Discounted Security

  • Permitted Security means any Security:

  • Discounted Value means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.

  • Bid Security (BS) means Earnest Money Deposit / monetary or financial guarantee to be furnished by a bidder along with its tender.

  • Asset-backed security means a security that is primarily serviced by the cash flows of a discrete pool of mortgages, receivables or other financial assets, fixed or revolving, that by their terms convert into cash within a finite period and any rights or other assets designed to assure the servicing or the timely distribution of proceeds to securityholders;

  • Certificated Security The meaning specified in Section 8-102(a)(4) of the UCC.

  • Mortgage-related security means an obligation that is rated AA or higher (or the equivalent) by a securities rating agency recognized by the Securities Valuation Office of the NAIC and that either:

  • Relevant Security means any share of Common Stock, warrant to purchase Common Stock or any other security of the Company or any other entity that includes or is convertible into, or exercisable or exchangeable for, Common Stock or any other equity security of the Company, in each case owned beneficially or otherwise by the undersigned on the date set forth on the front cover of the final prospectus used in connection with the Public Offering of the Securities (the “Effective Date”) or acquired by the undersigned during the Lock-Up Period. The Lock-Up Period will commence on the date of this Lock-Up Agreement and continue and include the date one hundred eighty (180) days after the Effective Date. In addition, the undersigned further agrees that, without the prior written consent of the Representative, during the Lock-Up Period the undersigned will not: (i) file or participate in the filing with the SEC of any registration statement or circulate or participate in the circulation of any preliminary or final prospectus or other disclosure document, in each case with respect to any proposed offering or sale of a Relevant Security, or (ii) exercise any rights the undersigned may have to require registration with the SEC of any proposed offering or sale of a Relevant Security. In furtherance of the undersigned’s obligations hereunder, the undersigned hereby authorizes the Company during the Lock-Up Period to cause any transfer agent for the Relevant Securities to decline to transfer, and to note stop transfer restrictions on the stock register and other records relating to, Relevant Securities for which the undersigned is the record owner and the transfer of which would be a violation of this Lock-Up Agreement and, in the case of Relevant Securities for which the undersigned is the beneficial but not the record owner, agrees that during the Lock-Up Period it will cause the record owner to cause the relevant transfer agent to decline to transfer, and to note stop transfer restrictions on the stock register and other records relating to, such Relevant Securities to the extent such transfer would be a violation of this Lock-Up Agreement. Notwithstanding the foregoing, the undersigned may transfer the undersigned’s Relevant Securities:

  • Uncertificated Security shall have the meaning given such term in Section 8-102(a)(18) of the UCC.

  • Worthless security means a security whose cost of liquidation and delivery to the administrator would exceed the value of the security on the date a report is due under this chapter.