Comparable Security definition

Comparable Security means the benchmark security selected by the Independent Investment Banker as being denominated in the same currency as the Notes and having a maturity comparable to the remaining term of the Notes to be redeemed (taking into account any adjustment to such term where Maturity Par Call Option is specified as being applicable hereon) that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such Notes (taking into account any adjustment to such term where Maturity Par Call Option is specified as being applicable hereon)
Comparable Security means the Benchmark Security selected by the Independent Investment Banker as being denominated in the same currency as the Notes and having a maturity comparable to the remaining term of the Notes to be redeemed that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such Notes;
Comparable Security means (A) an exchanged-traded fund that is not currently the Reference Asset which (i) is managed by the Fund Manager or its successors and assigns listed on a major exchange or market quotation system or (ii) has its units listed on a major exchange or market quotation system and (B) deemed by the Calculation Agent to have characteristics comparable to the units of the Reference Asset initially comprising the Reference Portfolio.

Examples of Comparable Security in a sentence

  • There has been some change in the classification of a small number of pieces of equipment since the approval of the FBC.

  • Recent Trading Prices $ 20.00 $ 22.00 Based on Range of Strip Prices for YTD 1997 Comparable Security Analysis $ 21.20 $ 24.00 Based on Market Yields of 7.50% to 8.50% Tender Offer Analysis $ 22.75 $ 26.00 Based on Spread to 30 year treasury of 50 to 150bp Discounted Cash Flow $ 21.00 $ 23.50 Based on Discount Rates of 7.50% to 8.50% RANGE OF VALUE: $ 20.00 $ 26.00 -------------------------------------------------------------------------------- [LIBRA INVESTMENTS, INC.

  • Proposed Type and Amount of Bond or Comparable Security ...........................

  • The Calculation Agent may elect not to choose a Replacement Reference Asset as a substitute for an Excluded Reference Asset if the Calculation Agent determines that there are no appropriate securities constituting of a Comparable Security listed on a major exchange or market quotation system which offer sufficient liquidity in order for the Fédération to place, maintain or modify hedges in respect of such units of the Reference Asset; in that event, see “Extraordinary Event” below.

  • For greater certainty, the Replacement Reference Asset chosen by the Calculation Agent may be any security constituting a Comparable Security, and may be any issuer that was the continuing entity in respect of a Merger Event.

  • Table 1: ECDSA Security Parameters Bit length of n( i.e. len(n) )Comparable Security Strength ECDSA and deterministic ECDSA are defined for two arithmetic fields: the finite field GF(p) and the finite field GF(2𝑚).

  • For the purposes herein, a "Comparable Security" shall mean any class or series of Common Stock of the Corporation (other than, with respect to holders of the Class B Common Stock or Class D Common Stock, shares of the same class as is held by them) which has the same preferences, rights, qualifications, limitations and restrictions as the Class A Common Stock in all respects, except that the voting rights of such class or series of Common Stock may differ from the Class A Common Stock.

  • For example, RSA requires 3072-bit keys to achieve the same level of security as 128-bit AES as shown in Table 2.1 [28].Table 2.1 Comparable Security Strengths for Approved Algorithms Bits of security Birthday attacksWith a given function f, finding two inputs x1, x2 such that f(x1) = f(x2) is called a collision.

  • If, at any time after the date hereof, the Company amends or otherwise modifies any of the Comparable Security Registration Rights to afford to any of the Comparable Security Holders registration rights that are more favorable than those set forth herein, the Company will make such rights (or any more favorable portion thereof) available to the Holders and agrees to enter into amendments hereto to confer such rights on the Holders.

Related to Comparable Security

  • Comparable Position means a position where:

  • Comparable Treasury Price means, with respect to any redemption date, (1) the average of the Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Independent Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

  • Comparable Treasury Issue means the United States Treasury security or securities selected by an Independent Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity to the remaining term of such Notes.