Principal Only Security definition

Principal Only Security. Any Collateral Debt Security (other than a Step-Up Security) that does not provide for payment of interest or provides that all payments of interest will be deferred until the final maturity thereof.
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Principal Only Security means a security that is structured to provide for the payment of principal in cash at not less than par upon maturity, redemption or acceleration, but not for the payment of interest.
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Principal Only Security means any security (other than a Zero Coupon Bond) that does not provide for the periodic payment of interest.
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More Definitions of Principal Only Security

Principal Only Security. Each of the Class FXP Securities and Class P Securities.
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Principal Only Security means any Loan or Qualifying Asset-Backed Security that does not provide for payment of interest or provides that all payment of interest will be deferred until the final maturity thereof.
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Principal Only Security means any Collateral Debt Security (other than a Zero Coupon Bond) that does not provide for the periodic payment of interest.
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Principal Only Security means any security (other than a Step-Up Security) that does not provide for payment of interest or provides that all payments of interest will be deferred until the final maturity thereof.
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Principal Only Security means any Asset-Backed Security that does not provide for the payment of rated interest in periodic installments on or prior to the date three Business Days prior to the Stated Maturity of the Notes or provides that all payments of interest will be deferred until the final maturity date thereof.
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Related to Principal Only Security

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph __.32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).

  • Corporation Security or “Corporation Securities” means (i) Common Shares, (ii) shares of preferred stock issued by the Corporation (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation §§ 1.382-2T(h)(4)(v)) and 1.382-4 to purchase Securities of the Corporation, and (iv) any Shares.

  • Company Security means any class or series of equity or voting interest in the Company (but excluding any options, rights, warrants and appreciation rights relating to an equity or voting interest in the Company), including Common Shares and the Voting Share.

  • Rule 144A Global Security has the meaning specified in Section 2.1(a) of Appendix A.

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.