Affected Security Sample Clauses

The 'Affected Security' clause defines which specific securities are impacted by a particular event or condition outlined in the agreement. In practice, this clause identifies the bonds, shares, or other financial instruments that are subject to changes, such as defaults, amendments, or other contractual triggers. By clearly specifying the relevant securities, the clause ensures that all parties understand the scope of their rights and obligations, thereby reducing ambiguity and potential disputes regarding which assets are covered by the agreement.