Retained Securities definition

Retained Securities. With respect to a Securitization, any subordinated securities issued or expected to be issued, or excess collateral value retained or expected to be retained, in connection therewith to the extent the Depositor, the Loan Originator or an Affiliate thereof retains, instead of sell, such securities.

Retained Securities means, in connection with any Liquidation Event which is a Merger or Stock Sale, (i) any capital stock in Covered Classes not transferred, if any, by the stockholders of the Company in connection with such Liquidation Event and/or (ii) any capital stock or debt securities received in consideration or exchange for, capital stock in Covered Classes in connection with such Liquidation Event.

Retained Securities means any class of securities or portion thereof purchased or retained by the Company or any Subsidiary from any corporation, trust or other entity in conjunction with any Asset Securitization.

Examples of Retained Securities in a sentence

• In making such determination the Market Value Agent may rely exclusively on quotations provided by leading dealers in instruments similar to such Retained Securities, which leading dealers may include the Market Value Agent and its Affiliates and such other sources of information as the Market Value Agent may deem appropriate.

• Other than the Transferred Securities and Retained Securities, Sponsor has no other ownership interests in SPAC including any securities convertible or exchangeable into any ownership interests of SPAC.

• Sponsor agrees that it shall not transfer any Retained Securities until the closing of SPAC’s initial Business Combination.

• The number of shares of Common Stock or options to be retained as a condition to receiving an option grant pursuant to the 2000 Option Plan, if any, (the "Retained Securities") is set forth on Appendix A attached hereto.

• In the event that the proceeds of any sale of any portion of the Trust Estate consist of Retained Securities, the Indenture Trustee shall retain such Retained Securities as part of the Trust Estate and apply all collections in respect thereof in accordance with Section 2.10 or shall sell such Retained Securities, in either case, pursuant to the direction of the Majority Noteholders.

More Definitions of Retained Securities

Retained Securities. The Notes.

Retained Securities means any class of securities or portion thereof purchased or retained by Company or any Subsidiary from any corporation, trust or other entity in conjunction with any Asset Securitization.

Retained Securities means, in connection with any Stock Sale or Merger, any capital stock in Covered Classes not transferred, if any, by the stockholders of the Corporation in connection with such Liquidation Event.

Retained Securities means the Common Stock not previously sold by any of the Original Purchasers that is issued or issuable upon conversion of the Series I Preferred Stock.

Retained Securities means (i) any securities of a Subsidiary or (ii) any Public Securities held or owned by CAPREIT or a Subsidiary of CAPREIT, as the Trustees may determine from time to time;

Retained Securities means, collectively, the Junior Notes and the Trust Certificate.

Retained Securities means retained securities with an assigned CUSIP which securities (x) are rated no less than “B” (or the then equivalent grade) by S&P or “B2” (or the then equivalent grade) by Xxxxx’x at the time of the relevant Borrowing Base calculation and (y) were issued with respect to a real estate or consumer securitization originated by Springleaf and are owned by the Subsidiary Guarantors or their Subsidiaries.