Underlying Security Provider definition

Underlying Security Provider. With respect to any Underlying Security purchased pursuant to an Underlying Security Purchase Agreement, each entity specified as such in the applicable Series Supplement or its successor in interest.
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Underlying Security Provider. With respect to any Series (or any Class within such Series), any Person, if any, that sells an Underlying Security to the Depositor.
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Underlying Security Provider. (zz) "Underlying Security Purchase Agreement"; (aaa) "Underlying Securities"; (bbb) "Underlying Securities Issuer"; (ccc) "Underlying Securities Schedule"; (ddd) "Trust"; (eee) "Trustee"; (fff) "Trust Termination Event"; (ggg) "Voting Rights";
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Examples of Underlying Security Provider in a sentence

  • It is further understood and agreed that, unless otherwise provided in the related Series Supplement, in no event shall either the Depositor or the Administrative Agent, if any, be obligated to repurchase or substitute for such an Underlying Security, regardless of whether the Underlying Security Provider defaults on its obligation to repurchase or substitute for such an Underlying Security.

  • It is further understood and agreed that, unless otherwise provided in the related Series Supplement, in no event shall either the Trustor or the Administrative Agent, if any, be obligated to repurchase or substitute for such an Underlying Security, regardless of whether the Underlying Security Provider defaults on its obligation to repurchase or substitute for such an Underlying Security.

  • Section 2.3 Repurchase or Substitution of Certain Underlying Securities by the Underlying Security Provider.............