Zero Coupon Obligation definition

Zero Coupon Obligation means a debt security that does not expressly provide for the accrual of interest, and includes the former component parts of a debt security that did expressly provide for the accrual of interest if that component part does not itself expressly provide for the accrual of interest.
Zero Coupon Obligation means a Collateral Loan that does not provide for periodic payments of interest in Cash or that pays interest only at its stated maturity.
Zero Coupon Obligation means any loan that, at the time of purchase, does not by its terms provide for the payment of cash interest.

More Definitions of Zero Coupon Obligation

Zero Coupon Obligation. A debt obligation that does not bear interest for all or part of the period that it is outstanding or that provides for periodic payments in cash less frequently than semi-annually or that pays interest only at its stated maturity.
Zero Coupon Obligation means a Collateral Obligation that does not provide for periodic payments of interest in Cash or that pays interest only at its stated maturity.
Zero Coupon Obligation means a German Government security that does not expressly provide for the accrual of interest, and includes former component parts of a German Government security that did provide for the accrual of interest if that component part does not provide for the accrual of interest.
Zero Coupon Obligation. Any debt security that by its terms (a) does not bear interest for all or part of the remaining period that it is outstanding, (b) provides for periodic payments of interest in Cash less frequently than semi-annually or (c) pays interest only at its stated maturity.
Zero Coupon Obligation means an obligation that, based on its terms at the time of determination, does not make periodic payments of interest.
Zero Coupon Obligation means any Collateral Asset that, at the time of purchase, does not by its terms provide for the payment of cash interest. Section 1.02
Zero Coupon Obligation means any loan that, at the time of purchase, does not by its terms provide for the payment of cashinterest.