Principal Only Security definition

Principal Only Security. Any Collateral Debt Security (other than a Step-Up Security) that does not provide for payment of interest or provides that all payments of interest will be deferred until the final maturity thereof.
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Principal Only Security means a security that is structured to provide for the payment of principal in cash at not less than par upon maturity, redemption or acceleration, but not for the payment of interest.
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Principal Only Security means any security (other than a Zero Coupon Bond) that does not provide for the periodic payment of interest.
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More Definitions of Principal Only Security

Principal Only Security. Each of the Class FXP Securities and Class P Securities.
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Principal Only Security means any Loan or Qualifying Asset-Backed Security that does not provide for payment of interest or provides that all payment of interest will be deferred until the final maturity thereof.
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Principal Only Security means any debt security that does not provide for the periodic payment of interest.
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Principal Only Security means any security (other than a Step-Up Security) that does not provide for payment of interest or provides that all payments of interest will be deferred until the final maturity thereof.
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Principal Only Security means any Collateral Debt Security that does not provide for payment of interest or provides that all payments of interest will be deferred until the final maturity date of such Collateral Debt Security.
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Principal Only Security means any Asset-Backed Security that does not provide for the payment of rated interest in periodic installments on or prior to the date three Business Days prior to the Stated Maturity of the Notes or provides that all payments of interest will be deferred until the final maturity date thereof.
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Related to Principal Only 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).

  • Corporation Security or “Corporation Securities” means (i) Common Shares, (ii) shares of preferred stock issued by the Corporation (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation §§ 1.382-2T(h)(4)(v)) and 1.382-4 to purchase Securities of the Corporation, and (iv) any Shares.

  • 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.

  • Rule 144A Global Security has the meaning specified in Section 2.1(a) of Appendix A.

  • 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.

  • 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;

  • Equity Security means any stock or similar security, including, without limitation, securities containing equity features and securities containing profit participation features, or any security convertible into or exchangeable for, with or without consideration, any stock or similar security, or any security carrying any warrant, right or option to subscribe to or purchase any shares of capital stock, or any such warrant or right.

  • Derivative Security means any right, option, warrant or other security convertible into or exercisable for Common Stock.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having an actual or interpolated maturity comparable with the remaining term of the Notes 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 the Notes.

  • 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.

  • Regulation S Global Security The meaning specified in Section 3.01(c).

  • Predecessor Certificate means a Predecessor Corporate Units Certificate or a Predecessor Treasury Units Certificate.

  • Proposal Security means the proposal bond as described in Section 3.3 of Exhibit B to the ITP.

  • Principal Only Certificates As specified in the Preliminary Statement.

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

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

  • U.S. Global Note means a Global Note that bears the Restricted Legend representing Notes issued and sold pursuant to Rule 144A.

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

  • Rule 144A Global Note has the meaning assigned to it in Section 2.1(d).

  • Book-Entry Security means a security evidencing all or part of a series of Securities, issued to the Depositary for such series of Securities in accordance with Section 3.03, and bearing the legend prescribed in Section 3.03.

  • Restricted Global Security As defined in Section 3.01(c).

  • New Security means the establishment of a position which is not currently held by a client portfolio on the day the position is established.

  • Capital Security means an undivided beneficial interest in the assets of the Issuer Trust, having a Liquidation Amount of $1,000 and having the rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

  • of a debt security means the principal of the security plus, when appropriate, the premium, if any, on the security.