EFSF Debt Securities definition

EFSF Debt Securities means funding instruments issued by EFSF in the form of short term notes with maturities of up to 364 days.
Sample 1Sample 2Sample 3
EFSF Debt Securities means Funding Instruments issued by EFSF in the form of long term notes with maturity of up to the maturity of this Facility, issued under the EFSF Debt Issuance Programme on or around the time of the corresponding Disbursement under this Agreement and which pay interest at a rate comparable to the market rate which would be payable by EFSF for instruments with the same maturity as such EFSF Debt Securities and which comprise notes issued under Series [●].
Sample 1Sample 2Sample 3

Examples of EFSF Debt Securities in a sentence

  • The DBB is connected to another agreement the ECB Credit Enhancement Facility Agreement, whose purpose is to permit Greece to finance26 the acquisition of EFSF Debt Securities needed for the purpose of the Buy-Back Offer.The mechanism operates as:1.

  • It is acknowledged and agreed by the Parties that, in accordance with Clause 2(3)(d) of the PSI LM Facility Agreement, EFSF has discharged or will discharge its obligations to make the Financial Assistance Amounts available under that facility by the delivery of EFSF Debt Securities with an aggregate notional principal amount equal to the relevant Financial Assistance Amount(s).

  • Notwithstanding the foregoing, for all purposes of the PSI LM Facility Agreement and this Deed, the amount outstanding and any Payments and Liabilities due in respect of the PSI LM Facility Agreement shall be determined by reference to the Financial Assistance Amount(s) made available and which remain outstanding from time to time and shall not be affected by any change in the market value of the EFSF Debt Securities.

Related to EFSF Debt Securities

  • Debt Securities has the meaning stated in the first recital of this Indenture and more particularly means any Debt Securities authenticated and delivered under this Indenture.

  • 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)).

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

  • Debentures has the meaning stated in the first recital of this Indenture.

  • Securities has the meaning stated in the first recital of this Indenture and more particularly means any Securities authenticated and delivered under this Indenture.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Subordinated Securities means Securities that by the terms established pursuant to Section 2.02(i) are subordinated in right of payment to Senior Debt of the Company.

  • Notes shall have the meaning assigned to such term in the recitals.

  • Series or “Series of Securities” means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Definitive Capital Securities means any Capital Securities in definitive form issued by the Trust.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Capital Securities means undivided beneficial interests in the assets of the Trust which rank pari passu with Common Securities issued by the Trust; provided, however, that upon the occurrence and continuance of an Event of Default (as defined in the Declaration), the rights of holders of such Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of such Capital Securities.

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.

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

  • Series D Notes is defined in Section 1.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Senior Notes means $500,000,000 in aggregate principal amount of the Borrower’s 6.75% senior unsecured notes due 2025 issued pursuant to the Senior Notes Indenture on the Closing Date.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.

  • Covered Securities means any note, stock, treasury stock, security future, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security (including a certificate of deposit) or on any group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a "security", or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase any of the foregoing.

  • Junior Notes means Note B-1, Note B-2, Note B-3 and Note B-4.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • Redemption Securities means any debt or equity securities of the Corporation, any Subsidiary or any other corporation or other entity, or any combination thereof, having such terms and conditions as shall be approved by the Board of Directors and which, together with any cash to be paid as part of the redemption price, in the opinion of any nationally recognized investment banking firm selected by the Board of Directors (which may be a firm which provides other investment banking, brokerage or other services to the Corporation), has a value, at the time notice of redemption is given pursuant to paragraph (d) of this Section 5, at least equal to the Fair Market Value of the shares to be redeemed pursuant to this Section 5 (assuming, in the case of Redemption Securities to be publicly traded, such Redemption Securities were fully distributed and subject only to normal trading activity).

  • Series A Notes is defined in Section 1.