Mortgaged Securities definition

Mortgaged Securities means as prescribed in Clause 2.1.1.
Mortgaged Securities means the Mortgaged Shares and all dividends, distributions and other payments paid or payable thereon and all stocks, shares, rights, monies and property accruing or offered at any time by way of substitution, redemption, bonus, preference, option, exchange, dividend, distribution, split, scheme of arrangement or organization or otherwise to the same or in respect thereof, all allotments, accretions, offers, rights, benefits and advantages whatsoever at any time accruing, made, offered or arising in respect of any of the same and all or any other rights attaching to or exercisable by virtue of the ownership of the Mortgaged Shares;
Mortgaged Securities means all those shares, stocks, warrants, bonds, debentures, notes, debt securities and/or other Securities (including book-entry securities) mortgaged, assigned or charged to or subject to a lien in our favour or otherwise held by us as security for any faciities granted by us and shall include all dividends, distributions, allotments,

Examples of Mortgaged Securities in a sentence

  • All transfers of Notes and entries on the Register will be made subject to the detailed regulations concerning transfer of Notes scheduled to the Fiscal Agency Agreement.

  • The Agent shall not under any circumstance be liable for such calls or other payments whether or not the Agent or its nominee is a registered holder of any or all of such Mortgaged Securities.

  • In consideration of entering into the Transaction Agreements, the Mortgagor, as legal and beneficial owner, hereby mortgages to the Mortgagee as a continuing security for the payment and performance of the Secured Obligations by way of a first equitable mortgage, all of the Mortgagor’s rights, title and interest in and to the Mortgaged Securities.

  • However the Bank faced hurdles in disposing off the Mortgaged Securities under the Bank’s possession due to the subdued real estate market and delays in the legal matters in process.In view of the above, our Bank witnessed an improvement in the overall quality of the Credit Portfolio with Gross and Net NPAs improving from 4.99% and 1.65% in 2018-19 to 4.62% and 0.87% in 2019-20.

  • The rights and remedies herein provided are cumulative and not exclusive of any other rights or remedies provided by law and, for the avoidance of doubt, the Security Agent shall not be obliged to sell the Mortgaged Securities in the event that this Mortgage shall become enforceable but shall be entitled to enforce the same in such manner as it sees fit (in accordance with applicable laws).

  • For the avoidance of doubt, nothing in this Clause 6.2 shall require the Company to transfer or register the Mortgaged Securities in the name of the Board or its nominees or to convert the security constituted by this Agreement into a legal mortgage prior to the occurrence of an Event of Default which is continuing.

  • The powers conferred by this Agreement in relation to the Mortgaged Securities or any part thereof on the Board shall be in addition to and not in substitution for the powers conferred on mortgagees under law, which shall apply to the security created by this Agreement except insofar as they are expressly excluded.

  • During fiscal year 1999, investments were limited to STAR Ohio and Saxton Mortgaged Securities.

  • Facility : Term Loan Facility of RM91,000,000.00 Agent forthwith upon receipt copies of all notices, reports, accounts and circulars issued to the registered holders of the Mortgaged Securities (unless the Agent or its nominee is the registered holder).

  • In addition, the Company mortgaged 7,512,535 Series F Preferred Stock of SoFi (the “Mortgaged Securities”) in favor of the trust company, and covenanted, among other things, not to dispose of the Mortgaged Securities without the prior written consent of the trust company.


More Definitions of Mortgaged Securities

Mortgaged Securities means 408,719,520 issued and paid-up shares in the Subsidiary, representing 66 per cent. of the issued and paid-up shares in the capital of the Subsidiary and registered in the name of the Company.
Mortgaged Securities means all Securities whether in Singapore or elsewhere which:
Mortgaged Securities means the Shares and all other securities, rights, monies, deposits of cash and other property mortgaged to the Security Agent under any provision of this Mortgage or such of the same as remain after any exercise of any of the Security Agent's powers in respect thereof under this Mortgage;

Related to Mortgaged Securities

  • Pledged Securities means any promissory notes, stock certificates or other securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral.

  • Approved Securities means securities of any State Government or of the Central Government and such bonds, both the principal whereof and the interest whereon shall have been fully and unconditionally guaranteed by any such Government;

  • CHESS Approved Securities means securities of the Company for which CHESS approval has been given in accordance with the ASX Settlement Operating Rules;

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • Charged Securities means such Securities as

  • Mortgage-backed Securities means securities that are secured or otherwise backed by Mortgage Loans.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • Escrowed Securities means the direct, noncallable obligations of the United States of America, as described in the Escrow Agreement.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Securities Collateral means, collectively, the Pledged Securities, the Intercompany Notes and the Distributions.

  • Pledged Trust Interests means all interests in a Delaware business trust or other trust including, without limitation, all trust interests listed on Schedule 4.4(A) under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such trust interests.

  • Asset-Backed Securities means securities which:

  • Pledged Interests shall have the meaning ascribed to such term in Section 4(j).

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Permitted Securities means any of the following:

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Related Securities means any options or warrants or other rights to acquire Shares or any securities exchangeable or exercisable for or convertible into Shares, or to acquire other securities or rights ultimately exchangeable or exercisable for or convertible into Shares.

  • Collateral Security means security, other than a security interest in a motor vehicle that is the subject of an installment sale contract, that is given to secure performance of an obligation of the buyer, or of any surety or guarantor for the buyer, under an installment sale contract. The term includes the undertakings of any surety or guarantor for the buyer and any interest in, encumbrance on, or pledge of real or personal property other than the motor vehicle that is the subject of the installment sale contract.

  • Released Securities means securities that were Restricted Securities with respect to which all applicable restrictions have expired, lapsed, or been waived.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • Specified Securities means ‘equity shares’ and ‘convertible securities’ as defined under clause (zj) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009;

  • Foreign Securities include: securities issued and sold primarily outside the United States by a foreign government, a national of any foreign country or a corporation or other organization incorporated or organized under the laws of any foreign country and securities issued or guaranteed by the government of the United States or by any state or any political subdivision thereof or by any agency thereof or by any entity organized under the laws of the United States or of any state thereof which have been issued and sold primarily outside the United States.

  • relevant securities means Ordinary Shares and securities carrying conversion or subscription rights into Ordinary Shares;

  • Underlying Securities Issuer With respect to an Underlying Security, the issuer thereof (including, if applicable, the guarantor of the Underlying Security), as identified in the Underlying Securities Schedule.