Corporate Bond Securities definition
Corporate Bond Securities means corporate bonds and other corporate debt securities, but not including Bank Loans, Non-Credit Risk Securities, Convertible Securities, Structured Finance Obligations or any security, note or other structure to the extent that the same provides synthetic exposure to the relevant corporate credit.
Examples of Corporate Bond Securities in a sentence
The Borrower is not required to register under the Investment Company Act and the extensions of credit provided for in this Agreement and the issuance by the Borrower of its equity capital to the Equity Owner are exempt from registration under the Corporate Bond Securities Act and the “Blue Sky” Laws of each applicable state.
For purposes of this Section 9, “Permitted Investments” means: (i) US Government Corporate Bond Securities or (ii) Money Market Funds; provided that, in each case, as of the date of the investment, the Maturity of such investment is less than 2 years.