P-Note definition
Examples of P-Note in a sentence
To the extent a P-Note is determined to be illiquid, it would be subject to the Fund’s limitation on investments in illiquid securities.
P-Notes constitute general unsecured contractual obligations of the banks or broker-dealers that issue them, and a Fund would be relying on the creditworthiness of such banks or broker-dealers and would have no rights under a P-Note against the issuer of the underlying assets.
This Chapter applies to all standards, technical regulations and conformity assessment procedures that may, directly or indirectly, affect the trade in goods between the Parties, except as provided in paragraph 2 and paragraph 3.
Counterparty risk is the risk that the issuer of the P-Note will not fulfil its contractual obligation to complete the transaction with the Fund.
Counterparty risk is the risk that the issuer of the P-Note will not fulfill its contractual obligation to complete the transaction with the Fund.
Use the No Tally indicator and the PNote field in the TCruise template to explain.
Please use the comments in TCRUISE (PNote) to explain your decision process.
Please provide a comment in PNote that may help explain a selection that deviates from the default setting “Normal”.
If a plot is intentionally moved outside the 33 feet tolerance, then please provide the reason for the offset and the new location as it relates to the original plot coordinates in PNote.