Series Security definition

Series Security. ’ means, in relation to a Series, the security (other than the security created by the floating charge granted under the Note Security Deed) granted by the Issuer over its assets in relation to such Series and held by the Note Trustee for the benefit of the Noteholders and the other Series Secured Creditors of the Issuer for such Series pursuant to the Note Security Deed;
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Series Security means, in relation to a particular Series of Notes, the security constituted by the applicable Drawdown Notice, as specified in the relevant Final Terms.
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Series Security means, in respect of the Notes of a specified Series, the security or rights assigned, charged or pledged to the Trustee (or for its benefit) in order to secure the relevant Issuer Series Obligations pursuant to the relevant Supplemental Trust Deed and the relevant PRC Pledge Agreement.
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Examples of Series Security in a sentence

  • ETF Series Securities may be redeemed on any trading day for cash proceeds at a redemption price equal to 95% of the closing price of the ETF Series Securities on the effective date of the redemption, subject to a maximum redemption price of the applicable net asset value per ETF Series Security.

  • Julia Allen: Welcome to CERT's Podcast Series: Security for Business Leaders.

  • At any meeting, each Holder of a Series Security Outstanding as of the record date, or proxy therefor, shall be entitled to vote the principal amount of such Series Security or Securities held or represented by him.

  • The Issuer believes that, to the extent that the Posted Collateral constitutes financial collateral, the Series Security will qualify as a financial collateral arrangement.

  • Stephanie Losi: Welcome to the CERT Podcast Series, Security for Business Leaders.

  • The aim of this paper isto review the existing literature on inequality and redistribution, explicatethe theoretical causal mechanisms identified so far, and provide a compre-hensive, rigorous empirical test that overcomes some of the shortcomings ofother empirical studies.

  • The Series Security is likely to constitute a floating charge for the purposes of the Companies Act 2006 and the applicable insolvency laws.

  • The Series General Security Trust Deed provides that Liberty Funding may only deal with the Series Collateral the subject of the fixed charge (including the Trust Notes) if expressly permitted to do so under the Series Transaction Documents of the Series Security Trustee (at the direction of an Extraordinary Resolution of the Voting Secured Creditors) consents.

  • If the net proceeds of the Series Security upon realisation thereof in accordance with this Condition 4 and the Trust Deed and/or the Series Pledge Agreement are not sufficient to make all payments due in respect of the Notes and Coupons (if any), the obligations of the Issuer in respect of the Notes and Coupons (if any) will be limited to such net proceeds and no other assets of the Issuer will be available for any further payments in respect of the Notes and Coupons (if any).

  • The Series Security Trustee may incur costs in enforcing the security interest under the Series General Security Deed, with respect to which the Series Security Trustee will be entitled to indemnification.


More Definitions of Series Security

Series Security means, in relation to a Series, the security granted by the Issuer over its assets in relation to such Series and held by the relevant Series Trustee for the benefit of the Noteholders and the other Series Secured Creditors of the Issuer for such Series pursuant to the relevant Series Trust Deed;
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Related to Series 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).

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

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

  • Notes Secured Parties means the Secured Noteholders, the Notes Collateral Agent and the Notes Trustee.

  • of a Security means the principal of the Security plus the premium, if any, payable on the Security which is due or overdue or is to become due at the relevant time.

  • 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;

  • Worthless security means a security whose cost of liquidation and delivery to the administrator would exceed the value of the security on the date a report is due under this chapter.

  • Preferred Security means an undivided beneficial interest in the assets of the Trust, having a Liquidation Amount of $1,000 and having the rights provided therefor in this Trust Agreement.

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

  • 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.

  • Relevant Security means the Stock, any other equity security of the Company or any of its subsidiaries and any security convertible into, or exercisable or exchangeable for, any Stock or other such equity 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.

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

  • Debt Security or "Debt Securities" has the meaning stated in the first recital of this Indenture.

  • United States Securities Person Any “U.S. person” as defined in Rule 902(k) of Regulation S.

  • Underlying Security means a security issued or transferred, or to be issued or transferred, in accordance with the terms of a convertible security, an exchangeable security or a multiple convertible security;

  • or "Security means any debt securities or debt security, as the case may be, authenticated and delivered under this Indenture.

  • Registered Security means any Security which is registered in the Security Register.

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

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

  • 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;

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

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • 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.