Pooled Security definition

Pooled Security. With respect to any Trust Fund, each related Pooled MBS, Pooled Mega, Pooled REMIC or Pooled SMBS as specified in the Schedule of Trust Assets to the related Issue Supplement.
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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).
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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.
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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.

  • The Assumed Final Distribution Date is approximately one month after the Pooled Security Distribution Date on which the final scheduled distribution on the last to mature of the Pooled Securities is scheduled to be made.

  • The Trustee's responsibility for reporting the above information is limited to the availability, timeliness, and accuracy of the information set forth in the related Pooled Security Distribution Date Statements and any additional written information requested by the Trustee with respect to the Pooled Securities.

  • All calculations of the amounts to be distributed on any Distribution Date will be made by the Paying Agent and/or the Certificate Administrator and/or the Trustee, as applicable, in reliance on the information provided to the applicable party in the applicable Pooled Security Distribution Date Information and any additional written information requested by the Paying Agent and/or the Certificate Administrator and/or the Trustee, as applicable, with respect to the Pooled Securities.

  • The Trustee may fulfill its obligations hereunder with respect to the distribution of the Pooled Security Distribution Date Statements by mailing the same together with the statements to Certificateholders required pursuant to the first paragraph of this Section 3.06.

  • The Trustee shall maintain a complete set of books and records for each Pooled Security which shall be clearly marked to reflect the ownership of each Pooled Security by the Trustee for the benefit of the Certificateholders.

  • The Trustee makes no representations or warranties as to the validity or sufficiency of this Agreement or of the Certificates or of any Pooled Security, Pooled Security Distribution Date Statement or related document.

  • The Trustee shall sign all tax information returns filed pursuant to this Section and any other returns as may be required by the Code, and in doing so shall rely entirely upon, and shall have no liability for information or calculations contained in the Pooled Security Distribution Date Statements.

  • Notwithstanding the foregoing, the Trustee shall use reasonable efforts to procure Pooled Security Distribution Date Information in a timely manner to permit distributions to be made on Distribution Dates.

  • Upon removal and substitution (if applicable) of any Pooled Security, the Issuer will amend the related Schedule of Trust Assets to reflect such removal and substitution (if applicable).


More Definitions of Pooled Security

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).
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Pooled Security. As to any Trust Fund, any Xxxxxx Xxx MBS, Mega Security, REMIC Security or SMBS included therein.
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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.

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph .32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).

  • 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.

  • Bid Security means the bid security provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;

  • 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.

  • Exempt Security means any security that is expressly exempted from the preclearance or reporting requirements of the Code, where applicable.

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

  • Certificated Security shall have the meaning given such term 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.