Common use of Security Factor Clause in Contracts

Security Factor. The aggregate principal amount of Underlying Securities initially held by the Trust divided by the Initial Unit Principal Balance of the Class A Units.

Appears in 19 contracts

Samples: Trust Agreement (MS Structured SATURNS Series 2007-1), Trust Agreement (MS Structured Asset Corp), Trust Agreement (MS Structured Saturns Series 2004-5)

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Security Factor. The aggregate principal amount of Underlying Securities initially held by the Trust divided by the Initial Unit Principal Balance of the Class A Units.

Appears in 4 contracts

Samples: Trust Agreement (MS Structured Saturns Series 2005-3), Trust Agreement (MS Structured SATURNS Series 2006-2), Trust Agreement (MS Structured SATURNS Series 2006-1)

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