Second Tier Security definition

Second Tier Security means any Eligible Security that is not a First Tier Security. Second Tier Conduit Secu- rity means any Conduit Security that is an Eligible Security that is not a First Tier Security.
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Second Tier Security means any El- igible Security that is not a First Tier Security.
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Second Tier Security meansany Eligible Security that is not a First Tier Security. Second Tier ConduitSecurity shall mean any ConduitSecurity that is an Eligible Security that is not a First Tier Security.
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Examples of Second Tier Security in a sentence

  • In fact, New York State has repeatedly called on EPA to strengthen the current PM2.5 standard, and has even filed a lawsuit challenging EPA’s failure to do so.49 Recent research shows widespread health impacts from PM2.5 even in areas that meet current health standards.50 Air Pollution Disproportionately Burdens Communities of ColorVehicle pollution has an outsized impact on communities of color throughout the country and within New York State.

  • Immediately after the Acquisi- tion of any Second Tier Security, a money market fund that is not a Tax Exempt Fund shall not have invested more than the greater of one percent of its Total Assets or one million dollars in securities issued by that issuer that are Second Tier Securities.(2) Tax Exempt Funds.

  • No money market fund shall Acquire a Second Tier Security with a remaining matu- rity of greater than 45 calendar days.

  • Immediately after the Acquisition of any Second Tier Security, a money market fund shall not have invested more than one half of one percent of its Total Assets in the Second Tier Securities of any single issuer.(ii) Issuer diversification calculations.

  • For a period of not less than three years from the date that the credit risks of a portfolio security were most recently reviewed, a written record of the determination that a portfolio security presents mini- mal credit risks and the Designated NRSRO ratings (if any) used to deter- mine the status of the security as an Eligible Security, First Tier Security or Second Tier Security shall be main- tained and preserved in an easily acces- sible place.

  • Immediately after the Ac- quisition of any Demand Feature or Guarantee (or a security after giving effect to the Demand Feature or Guar- antee) that is a Second Tier Security, a money market fund shall not have in- vested more than five percent of its Total Assets in securities issued by or subject to Demand Features or Guaran- tees from the institution that issued the Demand Feature or Guarantee.(C) Demand Features or Guarantees Issued by Non-Controlled Persons.

  • Immediately after the Acquisition of any Second Tier Security, a money market fund shall not have invested more than three percent of its Total Assets in Second Tier Securities.(iii) Securities subject to guarantees.

  • Except when a fund has invested substantially all of its assets in the other money marketfund, the investing fund does not need to ‘‘look through’’ the shares of thefund(s) in which it is investing in order to determine compliance with thediversification or Second Tier Security limitations of rule 2a–7.

  • Immediately after the Acquisition of any Second Tier Security, a money market fund shall not have invested more than three percent of its Total Assets in Second Tier Securities.(iii) Securities Subject to Guarantees.

  • For a period of not less than three years from the date that the credit risks of a portfolio security were most recently reviewed, a written record of the determination that a portfolio security presents mini- mal credit risks and the NRSRO rat- ings (if any) used to determine the sta- tus of the security as an Eligible Secu- rity, First Tier Security or Second Tier Security shall be maintained and pre- served in an easily accessible place.(iv) Determinations With Respect to Ad- justable Rate Securities.


More Definitions of Second Tier Security

Second Tier Security means any eli- gible security that is not a first tier se- curity.
Sample 1
Second Tier Security means any Eligible Security, as defined in Section IV that is not a First Tier Security.
Sample 1

Related to Second Tier Security

  • Other Security means any security acceptable to the commissioner other than security meeting the definition of Primary Security.

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

  • Cyber security means the condition in which road vehicles and their functions are protected from cyber threats to electrical or electronic components.

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having 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.

  • Permitted Security means any 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.

  • 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.

  • Related Security means, with respect to any Receivable:

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

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

  • 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;

  • 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.

  • 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.

  • 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.

  • 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:

  • Other Secured Claim means any Secured Claim other than an Administrative Claim, Secured Tax Claim, DIP Facility Claim, or Prepetition Credit Agreement Claim.

  • 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.

  • Additional Pledged Collateral means any Pledged Collateral acquired by any Grantor after the date hereof and in which a security interest is granted pursuant to Section 2.2 (Grant of Security Interest in Collateral), including, to the extent a security interest is granted therein pursuant to Section 2.2 (

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

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Other Secured Claims means any Secured Claim against the Debtors that is not an Administrative

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