Liability security definition
Liability security means the liability insurance, proof of self-insurance, or a letter of credit required under Section 1249.130(c) of this Part and Section 10- 20(b) of the Act.
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Related to Liability security
Equity Security means any stock or similar security, including, without limitation, securities containing equity features and securities containing profit participation features, or any security convertible into or exchangeable for, with or without consideration, any stock or similar security, or any security carrying any warrant, right or option to subscribe to or purchase any shares of capital stock, or any such warrant or right.
BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.
Security, Securities shall have the meaning set forth in Section 2(1) of the Securities Act;
UK Bail-in Liability means a liability in respect of which the UK Bail-in Powers may be exercised.
Liability means any liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability for Taxes.