Pooled Security definition

Pooled Security. The residential mortgage-backed securities sold by the Seller to, and registered in the name of or held for the benefit of, the Trustee pursuant to the Purchase and Sale Agreement and as more particularly set forth on Exhibit D attached hereto (excluding therefrom, from and after the date of repurchase, any Defective Pooled Securities).
Pooled Security or “pool of Securities” means, as described in Rule 6.10, an assortment of Securities that are identified for purposes of CDS's Services by a single Security Identifier.

Examples of Pooled Security in a sentence

  • Upon removal of any Pooled Security, the Issuer will amend the related Schedule of Trust Assets to reflect such removal.

  • As to any Certificate or Pooled Security, a designation signifying compliance with the good delivery requirements prescribed by the Securities Industry and Financial Markets Association (SIFMA), or any successor thereto, as amended from time to time.

  • With respect to any Pooled Security repurchased from a Trust pursuant to Section 2.06, the unpaid principal balance of such Pooled Security as of the date of repurchase (after giving effect to the amount of principal and interest scheduled to be distributed or added to the principal balance of such Pooled Security on the Distribution Date immediately following the date of repurchase).

  • If specified in the related Issue Supplement, the Pooled Security may be a single mega security that holds the related Pooled MBS, Pooled Xxxxxx Mae Security, Pooled Mega, Pooled REMIC or Pooled SMBS.

  • If specified in the related Issue Supplement, the Pooled Security may be a single Mega security or Supers security that is directly backed by the related Pooled MBS, Pooled UMBS, Pooled Mega, Pooled Supers, Pooled REMIC or Pooled SMBS.

  • Xxxxxx Mae shall allocate in such accounting records each distribution on a Pooled Security or Excess Yield Amount among the Principal Distribution Amount and the Interest Distribution Amount for the related Series.

  • In the event that, as to any Trust Fund and any Pooled Security included therein, there shall be a Default Under the Underlying Trust Document, Holders of Certificates of the related Series may, in the event that the Trustee shall not take such action on their behalf, give such notice and take such action as certificateholders under such Underlying Trust Document shall be permitted to take in respect thereof.


More Definitions of Pooled Security

Pooled Security. As to any Trust Fund, any Xxxxxx Xxx MBS, Mega Security, REMIC Security or SMBS included therein.
Pooled Security. The 96 mortgage-backed securities sold by the Seller to, and registered in the name of or held for the benefit of, the Trustee pursuant to Section 2.01 or 2.04 and as more particularly set forth on Schedule A attached hereto as it may be amended from time to time (excluding from and after the respective date of substitution or repurchase any Deleted Pool Securities and including from and after the date of substitution any Substituted Pooled Securities).
Pooled Security. The 20 mortgage-backed securities sold by the Depositor to, and registered in the name of or held for the benefit of, the Trustee pursuant to Section 2.1 or Section 2.7 and as more particularly set forth on Exhibit C attached hereto as it may be amended from time to time (excluding from and after the respective date of substitution or repurchase any Defective Pooled Securities and including from and after the date of substitution any Substituted Pooled Securities).

Related to Pooled Security

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

  • Permitted Security means any Security:

  • Indexed Security means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at original issuance.

  • Asset-backed security means a security that is primarily serviced by the cash flows of a discrete pool of mortgages, receivables or other financial assets, fixed or revolving, that by their terms convert into cash within a finite period and any rights or other assets designed to assure the servicing or the timely distribution of proceeds to securityholders;

  • Restricted Security has the meaning assigned to such term in Rule 144(a)(3) under the Securities Act; provided, however, that the Trustee shall be entitled to receive, at its request, and conclusively rely on an Opinion of Counsel with respect to whether any Note constitutes a Restricted Security.

  • Covered Security means a security as defined in Section 2(a)(36) of the Act, which includes: any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, pre-organization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a “security,” or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.

  • Unrestricted Certificated Security means a Certificated Security that is not a Restricted Security.

  • Subordinated Security or “Subordinated Securities” means any Security or Securities designated pursuant to Section 301 as a Subordinated Security.

  • Listed Security means any security of the Company that is listed or approved for listing on a national securities exchange or designated or approved for designation as a national market system security on an interdealer quotation system by the National Association of Securities Dealers, Inc.

  • Mortgage-related security means an obligation that is rated AA or higher (or the equivalent) by a securities rating agency recognized by the Securities Valuation Office of the NAIC and that either:

  • Mortgage-backed security means a security issued by the authority which is secured by residential mortgage loans owned by the authority.

  • Controlled Securities Account means each securities account (including all financial assets held therein and all certificates and instruments, if any, representing or evidencing such financial assets) that is the subject of an effective Control Agreement.

  • Exchange Note means the Closed-End Exchange Note.

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • Restricted Note has the same meaning as “Restricted Security” set forth in Rule 144(a)(3) promulgated under the Securities Act; provided that the Trustee shall be entitled to request and conclusively rely upon an Opinion of Counsel with respect to whether any Note is a Restricted Note.

  • 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.

  • Tender Security means the security required to be submitted by the Tenderer with its Tender Offer.

  • Bid Security (BS) means Earnest Money Deposit / monetary or financial guarantee to be furnished by a bidder along with its tender.

  • Restricted Certificated Note means a Certificated Note bearing the Private Placement Legend.

  • Related Security means, with respect to any Receivable:

  • Transfer-Restricted Security means any Security that constitutes a “restricted security” (as defined in Rule 144); provided, however, that such Security will cease to be a Transfer-Restricted Security upon the earliest to occur of the following events:

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Uncertificated Security shall have the meaning given such term in Section 8-102(a)(18) of the UCC.

  • Certificated Security The meaning specified in Section 8-102(a)(4) of the UCC.

  • Company Security means any class or series of equity or voting interest in the Company (but excluding any options, rights, warrants and appreciation rights relating to an equity or voting interest in the Company), including Common Shares and the Voting Share.

  • exchange-traded security means a security that is listed on a recognized exchange or is quoted on a recognized quotation and trade reporting system or is listed on an exchange or quoted on a quotation and trade reporting system that is recognized for the purposes of National Instrument 21-101 Marketplace Operation and National Instrument 23-101 Trading Rules;