Unconditional Demand Feature definition

Unconditional Demand Feature means a Demand Feature that by its terms would be readily exercisable in the event of a default in payment of principal or interest on the underlying security or securities.
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Unconditional Demand Feature means an Unconditional Put that is also a Demand Feature.
Sample 1
Unconditional Demand Feature means a Demand Feature that by its terms would be readily exercisable inthe event of a default in payment ofprincipal or interest on the underlying security or securities.
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Examples of Unconditional Demand Feature in a sentence

  • Unconditional Demand Feature may be determined to be an Eligible Security or a First Tier Security based solely onwhether the Unconditional Demand Feature is an Eligible Security or First Tier Security, as the case may be.

Related to Unconditional Demand Feature

  • infringement notice has the meaning set forth in Section 7.4.1;

  • Registration Notice has the meaning specified in Section 2.1(a).

  • Demand Notice has the meaning set forth in Section 2(a)(i).

  • Demand Registration Notice has the meaning set forth in Section 2.1.

  • Review Demand Date means, for a Review, the date when the Indenture Trustee determines that each of (a) the Delinquency Trigger has occurred and (b) the required percentage of Noteholders has voted to direct a Review under Section 7.2 of the Indenture.

  • Piggyback Request has the meaning set forth in Section 2(c)(i).

  • Extension Notice has the meaning specified in Section 308.

  • L/C Request has the meaning specified in Section 2.4(b).

  • Demand Registration Request shall have the meaning set forth in Section 3.1.1(a).

  • Renewal Request means a written notice delivered to the Agent in accordance with Clause 6.6 (Renewal of a Letter of Credit).

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Registration decal means an adhesive sticker produced by the department and issued by the

  • Demand Request shall have the meaning set forth in Section 2.1.

  • Issuance Request means a Letter of Credit request and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit B-2 hereto.

  • Support Request means a request for assistance received by Blackboard's Service Desk and/or Service Desk Infrastructure from an Authorized User, such as any answered phone call, answered email, or answered chat.

  • Demand Party has the meaning set forth in Section 2.2(a).

  • Demand Period has the meaning set forth in Section 2.01(c).

  • Registration Request has the meaning set forth in Section 2.01(a).

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • Shelf Takedown Notice shall have the meaning given in subsection 2.1.3.

  • Credit Event Notice means an irrevocable notice from the Issuer or the Swap Counterparty, as the case may be, to the other party (in the form and delivered in the manner described in the Default Swap) that describes a Credit Event that occurred on or after the Effective Date of the Default Swap.

  • Shelf Takedown Request shall have the meaning set forth in Section 3.2.5(a).

  • Notice to Proceed (NTP) means the authorization issued by the CO to start performance on this Contract.

  • Peak Demand means the maximum Metered Demand in the last 12 months;

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • Piggyback Notice has the meaning specified in Section 2.02(a).