Concentrated Underlying Security definition

Concentrated Underlying Security. Any Underlying Security that constitutes 10% or more of the Trust Property. Unless the Trust Agreement shall specify the method of determining whether an Underlying Security constitutes 10% or more of the Trust Property, such determination will be based upon the principal amount of the Underlying Securities.
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Concentrated Underlying Security. Any Underlying Security that on the Original Issue Date constitutes 10% or more of the total Underlying Securities held by the Trust with respect to a Series of Certificates.
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Concentrated Underlying Security mean any Underlying Security that constitutes 10% or more of the assets in the Trust. Unless the Trust Agreement shall specify the method of determining whether an Underlying Security constitutes 10% or more of the assets in the Trust, such determination will be based upon the principal amount of the Underlying Securities.
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Examples of Concentrated Underlying Security in a sentence

  • With respect to any Concentrated Underlying Security, the Underlying Securities Schedule shall include information regarding the payment terms of the Concentrated Underlying Security, the maturity or terms thereof, the rating, if any, thereof and any other material information with respect thereto.

  • With respect to any Concentrated Underlying Security, Schedule A to the applicable Series Supplement shall include information regarding the payment terms of the Concentrated Underlying Security, the Retained Interest, if any, with respect thereto, the maturity or terms thereof, the rating, if any, thereof and any other material information with respect thereto.

  • With respect to any Concentrated Underlying Security, the Underlying Securities Schedule shall include information regarding the payment terms of the Concentrated Underlying Security, the maturity or terms thereof and any other material information with respect thereto.

  • Any Transaction under a Swap Agreement that (i) has a value to the trust equal to 10% or more of the Trust Property if a Concentrated Underlying Security of the related Swap Counterparty would be a Disqualified Underlying Security, or (ii) is a credit swap transaction with a notional amount on the date of formation of the Trust of 10% or more of the Trust Property if a Concentrated Underlying Security of the related Reference Entity would be a Disqualified Underlying Security.


More Definitions of Concentrated Underlying Security

Concentrated Underlying Security means any Underlying Security that represents ten percent (10%) or more of the total Deposited Assets.
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Concentrated Underlying Security. Any Underlying Security that is issued by a “significant obligor” as defined in Item 1101(k) of Regulation AB.
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Related to Concentrated Underlying Security

  • concentrates means flavoring ingredients and, depending on the product, sweeteners used to prepare syrups or finished beverages and includes powders for purified water products such as Dasani;

  • Concentrate means the product of a process of extraction of metal or a metallic mineral from mineral ore that results in substantial enrichment of the metal or metallic mineral concerned;

  • Derived air concentration (DAC) means the concentration of a given radionuclide in air which, if breathed by the reference man for a working year of 2,000 hours under conditions of light work, results in an intake of one ALI. For purposes of these regulations, the condition of light work is an inhalation rate of 1.2 cubic meters of air per hour for 2,000 hours in a year. DAC values are given in Part 4, Appendix 4B, Table 4B1, Column 3.

  • In-stream Waste Concentration or "(IWC)" means the concentration of a discharge in the receiving water after mixing has occurred in the allocated zone of influence.

  • Excess Concentration means the sum of the following amounts, without duplication:

  • Concentration means the weight of any given material present in a unit volume of liquid. Unless otherwise indicated in this permit, concentration values shall be expressed in milligrams per liter (mg/l).

  • Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.

  • Alcohol concentration means the number of grams of alcohol per 100 milliliters of blood or per 210 liters of breath.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Net concentration means the difference between the concentration of a given substance in a sample taken of the discharge and the concentration of the same substances in a sample taken at the intake which supplies water to the given process. For the purpose of this definition, samples that are taken to determine the net concentration shall always be 24-hour composite samples made up of at least six increments taken at regular intervals throughout the plant day.

  • Cannabinoid concentrate means a substance obtained by separating cannabinoids from marijuana by:

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Wastewater collection system means the sewer and pumping system used for the collection and conveyance of domestic, commercial and industrial wastewater;

  • foreign fishing vessel means any fishing vessel other than a local fishing vessel;

  • Concentration Account Bank means any bank or other financial institution at which the Concentration Account is maintained.

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Residual disinfectant concentration means the concentration of disinfectant measured in mg/L in a representative sample of water.

  • Cannabis concentrate means cannabis that has undergone a process to concentrate one or more active cannabinoids, thereby increasing the product’s potency. Resin from granular trichomes from a cannabis plant is a concentrate for purposes of this division. A cannabis concentrate is not considered food, as defined by Section 109935 of the Health and Safety Code, or a drug, as defined by Section 109925 of the Health and Safety Code.

  • Storm water or wastewater collection system means piping, pumps, conduits, and any other equipment necessary to collect and transport the flow of surface water run-off resulting from precipitation, or domestic, commercial, or industrial wastewater to and from retention areas or any areas where treatment is designated to occur. The collection of storm water and wastewater does not include treatment except where incidental to conveyance.

  • Marijuana concentrate means any type of marijuana product consisting wholly or in part of

  • Vapor collection system means a vapor transport system which used direct displacement by the gasoline being transferred to force vapors from the vessel being loaded into either a vessel being unloaded or a vapor control system or vapor holding tank.

  • Pool Balance means, as of any date, the aggregate Principal Balance of the Receivables (exclusive of all Administrative Receivables for which the Servicer has paid the Administrative Purchase Payment, Warranty Receivables for which the Seller has paid the Warranty Purchase Payment and Defaulted Receivables) as of the close of business on such date.

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Retail charge agreement means an instrument prescribing the terms of a secured or unsecured retail installment transaction that may be made under the instrument from time to time and under the terms of which a time price differential is to be computed in relation to the buyer's unpaid balance from time to time.