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 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.
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.

Examples of Retained Securities in a sentence

  • We expect that any Retained Securities Occidental does not dispose of through such exchanges will be distributed pro rata to Occidental shareholders no later than 18 months after the spin-off.

  • 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.

  • To the extent Huntsman does not exchange the Retained Securities for third-party debt, Huntsman will sell the Retained Securities.

  • FEDERAL E-VERIFY SYSTEMSubrecipient is responsible for following Executive Order 13465 “Economy and Efficiency in Government Procurement through Compliance with Certain Immigration and Nationality Act Provisions and the Use of an Electronic Employment Eligibility Verification System.” GRIEVANCE AND COMPLAINT PROCEDURESSubrecipient agrees to either establish a grievance/complaint procedure, which complies with Washington State Policy, or adopt the WSW grievance/complaint process.

  • On the whole, a substantial agreement is obtained on two corpora: forum and ESLO1.


More Definitions of Retained Securities

Retained Securities. The Notes.
Retained Securities means, in connection with any Stock Sale or Merger, (x) any capital stock in Covered Classes not transferred, if any, by the stockholders of the Corporation in connection with such Deemed Liquidation Event and/or (y) any capital stock or debt securities received in consideration or exchange for, capital stock in Covered Classes in connection with such Deemed Liquidation Event.
Retained Securities means, in connection with any Liquidation Event which is a Merger or Stock Sale, any capital stock in Covered Classes not transferred, if any, by the stockholders of the Company in connection with such Liquidation Event.
Retained Securities means Securities owned by (i) the Collateral Manager or an affiliate thereof, (ii) the Initial Seller or an affiliate thereof, (iii) the Intermediate Seller or an affiliate thereof or (iv) special purpose companies, funds, trusts or REITs for which the Collateral Manager both (x) provides investment advisory services and (y) has discretionary voting authority.
Retained Securities means any class of securities or portion thereof purchased or retained by the Company or any Subsidiary from FFCA Secured Assets in conjunction with any Asset Securitization.
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.