Examples of CDO in a sentence
Like typical securities structures, in a CDO, the assets are pledged to a trustee for the benefit of the holders of the bonds.
Note that a CBO or CDO is considered a Limited Offering or Private Placement.
Except where the decision has become final, binding and conclusive in terms of the contract, all disputes or differences arising out of the notified claims of the contractor as aforesaid and all claims of the SBI shall be referred for adjudication through arbitration by the Sole Arbitrator appointed by the CDO.
If the arbitrator so appointed is unable or unwilling to act or resigns his appointment or vacates his office due to any reason whatsoever another sole arbitrator shall be appointed in the manner aforesaid by the said CDO.
Such distributions generally constitute qualifying income for purposes of the 95% gross income test, but not the 75% gross income test.If we invest in an entity treated as a “passive investment foreign company” or “controlled foreign corporation” for U.S. federal income tax purposes, which could include a CDO investment, we could be required to include our portion of its earnings in our income prior to the receipt of any distributions.