Bearer Debt Security definition

Bearer Debt Security means any Debt Security established pursuant to Section 201 which is payable to bearer.
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Bearer Debt Security means a Debt Security issued in bearer form and which is payable to the bearer from time to time of such Debt Security, and shall include, where the context so requires, the coupons of such Debt Security.
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Bearer Debt Security means any Debt Security except a Registered Debt Security.
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Examples of Bearer Debt Security in a sentence

  • Title to any Bearer Debt Security and any coupons appertaining thereto shall pass by delivery.

  • Except as permitted by Section 306, the Trustee shall not authenticate and deliver any Bearer Debt Security unless all appurtenant coupons for interest then matured have been detached and canceled.

  • Unless otherwise provided as contemplated by Section 301 with respect to the Debt Securities of any series, payment of interest may be made, in the case of a Bearer Debt Security, by transfer to an account maintained by the payee with a bank located outside the United States.

  • If any Bearer Debt Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Debt Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless.

  • If any Debt Security shall be represented by a permanent global Bearer Debt Security, then, for purposes of this Section 303 and Section 304, the notation of a beneficial owner's interest therein upon original issuance of such Debt Security or upon exchange of a portion of a temporary global Debt Security shall be deemed to be delivery in connection with its original issuance of such beneficial owner's interest in such permanent global Debt Security.

  • On or after the earliest date on which such interests may be so exchanged, such permanent global Debt Security shall be surrendered for exchange by DTC or such other depository as shall be specified in the Company Order with respect thereto to the Trustee, as the Company's agent for such purpose; provided, however, that no Bearer Debt Security delivered in exchange for a portion of a permanent global Debt Security shall be mailed or otherwise delivered to any location in the United States.

  • Interest on a Bearer Debt Security shall be payable only upon presentation and surrender of the applicable coupon for such interest.

  • The Company, the Trustee and any agent of the Company or the Trustee may treat the Holder of any Bearer Debt Security and the Holder of any coupon as the absolute owner of such Debt Security or coupon for the purpose of receiving payment thereof or on account thereof and for all other purposes whatsoever, whether or not such Debt Security or coupon be overdue, and neither the Company, the Trustee nor any agent of the Company or the Trustee shall be affected by notice to the contrary.

  • The Trustee and the Company may assume that such ownership of any Bearer Debt Security continues until (1) another certificate or affidavit bearing a later date issued in respect of the same Bearer Debt Security is produced, or (2) such Bearer Debt Security is produced to the Trustee by some other Person, or (3) such Bearer Debt Security is surrendered in exchange for a Registered Debt Security, or (4) such Bearer Debt Security is no longer Outstanding.

  • Upon the exchange of any Temporary Global Bearer Debt Security or portion thereof for Bearer Debt Securities in certificated form or for interests in a Permanent Global Bearer Debt Security, such Temporary Global Bearer Debt Security shall be endorsed to reflect the reduction of the principal amount evidenced thereby, whereupon its remaining principal amount shall be reduced for all purposes by the amount so exchanged.


More Definitions of Bearer Debt Security

Bearer Debt Security means any Debt Security payable to bearer and, unless the context otherwise requires, all coupons appertaining thereto.
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Related to Bearer Debt Security

  • Debt Security or “Debt Securities” has the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture.

  • of a debt security means the principal of the security plus, when appropriate, the premium, if any, on the security.

  • Bearer Security means any Security in the form established pursuant to Section 201 which is payable to bearer.

  • Bearer Note means a Note in bearer form.

  • Bearer Notes means Notes which are specified in their Conditions as being in bearer form;

  • Unregistered Security means any Security other than a Registered Security.

  • Coupon means any interest coupon appertaining to a Bearer Security.

  • Global Bearer Security means the ETP Securities in bearer form represented by a global security.

  • Bearer Securities has the meaning given to it in Condition 2.

  • Bearer means anyone in possession from time to time of a Bearer Security.

  • Debt Security Register has the meaning specified in Section 2.05.

  • Registered Security means any Security established pursuant to Section 201 which is registered in the Security Register.

  • Coupons means the bearer coupons relating to interest bearing Bearer Notes or, as the context may require, a specific number of them and includes any replacement Coupons issued pursuant to the Conditions;

  • Definitive Bearer Note means a Bearer Note in definitive form being in the form or substantially in the form set out in Appendix B-3 hereto (or in such other form as may be agreed between the relevant Issuer, the Agent and the relevant Purchaser or Purchasers) issued or to be issued by the relevant Issuer pursuant to this Agreement in exchange for the whole or (subject to the terms of the relevant Temporary Global Note and/or Permanent Global Note) part of a Temporary Global and/or Permanent Global Note;

  • Coupon Security means any Bearer Security authenticated and delivered with one or more Coupons appertaining thereto.

  • Unregistered Securities The meaning specified in Section 5.17(c).

  • Holder of Debt Securities or other similar terms means, a Person in whose name a Debt Security is registered in the Debt Security Register (as defined in Section 2.07(a)).

  • Coupon Note means a Note on which no interest is payable.

  • Registered Global Security means a Security evidencing all or a part of a series of Registered Securities, issued to the Depositary for such series in accordance with Section 2.04, and bearing the legend prescribed in Section 2.04.

  • Debt Securities has the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture.

  • Capital Security means an undivided beneficial interest in the assets of the Issuer Trust, having a Liquidation Amount of $1,000 and having the rights provided therefor in this Trust Agreement, including the right to receive Distributions and a Liquidation Distribution as provided herein.

  • of any particular Debt Security means every previous Debt Security evidencing all or a portion of the same debt as that evidenced by such particular Debt Security; and, for the purposes of this definition, any Debt Security authenticated and delivered under Section 306 in lieu of a lost, destroyed or stolen Debt Security shall be deemed to evidence the same debt as the lost, destroyed or stolen Debt Security.

  • Pledged Debt Securities has the meaning assigned to such term in Section 3.01.

  • Registered Notes has the meaning specified in Section 2.1.

  • Registered Note means a Note in registered form;