AOT Security definition

AOT Security means (i) a fully modified pass-through mortgage-backed certificate guaranteed by GNMA, (ii) a guaranteed mortgage pass-through certificate issued by FNMA, (iii) a mortgage participation certificate issued by FHLMC, or (iv) a pass-through certificate representing, or backed by an interest in, a pool of AOT Mortgage Loans established by a private issuer of mortgage-backed securities acceptable to the Program Agent that is not GNMA, FNMA or FHLMC, in each case, which has been issued with respect to an AOT Mortgage Pool in which an interest has been purchased from a Designated CNB Customer pursuant to an AOT Agreement (including all principal, interest, finance charges and any other amounts payable in connection with the enforcement of such AOT Security and the related AOT Participation Certificate and AOT Agreement).
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AOT Security means (i) a fully modified pass-through mortgage-backed certificate guaranteed by GNMA, (ii) a guaranteed mortgage pass-through certificate issued by FNMA, (iii) a mortgage participation certificate issued by FHLMC, or (iv) a pass-through certificate representing, or backed by an interest in, a pool of AOT Mortgage Loans established COLONIAL BANK WAREHOUSE LOAN PURCHASE AGREEMENT by a private issuer of mortgage-backed securities acceptable to the Program Agent that is not GNMA, FNMA or FHLMC, in each case, which has been issued with respect to an AOT Mortgage Pool in which an interest has been purchased from a Designated CNB Customer pursuant to an AOT Agreement (including all principal, interest, finance charges and any other amounts payable in connection with the enforcement of such AOT Security and the related AOT Participation Certificate and AOT Agreement).
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Examples of AOT Security in a sentence

  • The Company has authorized the issue ------------------------------- and sale of Six Million Two Hundred Fifty Thousand (6,250,000) shares (the "Investor Stock") of its Common Stock, par value $.001 per share ("Common --------------- ------ Stock").

  • The Servicer shall use its best efforts to cause the replacement of any Mortgage Loan contained in any AOT Mortgage Pool which for any reason fails to satisfy all COLONIAL BANK WAREHOUSE LOAN PURCHASE AGREEMENT relevant criteria of the issuer of the related AOT Security, if necessary to avoid a “Security Issuance Failure” under, and as defined in, the related AOT Agreement.

  • The Seller will not add or terminate any securities account as an AOT Securities Account from those listed in Schedule 4.01(k) to this Agreement, or make any change in its instructions to Investors regarding payments to be made to any AOT Securities Account, unless the Program Agent shall have received notice of such addition, termination or change (including an updated Schedule 4.01(k)) and a fully executed AOT Security Custodial Agreement with respect to such new AOT Securities Account.

  • Will (or will cause the Originator to) instruct the related Investor with respect to each AOT Security constituting a Pool Asset to remit the Take-Out Price with respect to such AOT Security to an AOT Securities Account.

  • The Seller will notify (or will cause the Servicer or the Originator to notify) the related Investor with respect to each AOT Security COLONIAL BANK WAREHOUSE LOAN PURCHASE AGREEMENT constituting a Pool Asset to remit the Take-Out Price with respect to such AOT Security to an AOT Securities Account.

  • The Servicer may not extend the maturity or adjust the Outstanding Balance or otherwise amend or modify any terms of any AOT Mortgage Loan or AOT Security.

  • Instruct the related Investor with respect to each AOT Security constituting a Transferred Asset to remit the Take-Out Price with respect to such AOT Security to an AOT Securities Account.

  • The AOT Securities Accounts are the only bank accounts into which the Take-Out Prices with respect to AOT Securities are directed to be deposited or remitted, subject to subsequent remittance in accordance with the related AOT Security Custodial Agreement.

Related to AOT Security

  • Exempt Security means any: (1) direct obligation of the Government of the United States, including all state and municipal obligations; (2) bankers’ acceptance, bank certificate of deposit, commercial paper, bank repurchase agreement and other high quality short-term debt instrument; (3) shares issued by registered open-end mutual funds (including money-market funds) and unit investment trusts, in each case provided they are not Reportable Funds or ETFs (as such terms are defined herein); and (4) Securities in an account over which you do not have any direct or indirect influence or Control (note that there is a presumption that you can exert some measure of influence or control over accounts held by members of your immediate family sharing the same household, but this presumption may be rebutted by convincing evidence acceptable to the Chief Compliance Officer in accordance with this Code);

  • Contract Security means any security given by the Contractor to the NCC in accordance with the Contract;

  • 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).

  • 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.

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