Regular Security definition

Regular Security. Any of the Securities other than the Class RP Securities or Class R Securities.
Regular Security. Any Security other than a Residual Security and that represents a Regular Interest in a REMIC or a combination of Regular Interests in a REMIC.

Examples of Regular Security in a sentence

  • No Regular Security that (i) is a Book-Entry Security and (ii) is subordinated in right to payment to the Securities of any other Class due to the allocation of Realized Losses (a "Book-Entry Subordinated Security") shall be transferred to a transferee that acknowledges that it is a Plan Investor unless such transferee provides the Trustee and the Master Servicer with a Benefit Plan Opinion.

  • No Regular Security that (i) is not a Book-Entry Security and (ii) is subordinated in right to payment to the Securities of any other Class due to the allocation of Realized Losses (a "Certificated Subordinated Security") shall be transferred unless the prospective transferee provides the Trustee and the Master Servicer with a properly completed Benefit Plan Affidavit, together with a Benefit Plan Opinion if required in order to comply with such Affidavit.

  • Even if the Regular Security Valuation Amount exceeds the Security Standard Amount, the “Mainstream” shall not return the existing Pledged Shares.

  • For the avoidance of doubt, the number of shares provided as the Regular Additional Pledged Shares shall be calculated by dividing the Regular Security Shortage Amount by the closing price of the Pledged Shares on the Regular Security Valuation Date, rounded up to one decimal place.

  • Manager The Security Force and equipage to be provided to the SYSTEM are as follows: Regular Security Guards posted in Tanauan, Batangas P 21,821.22 Ten (10) Regular Security Guards posted in Calamba, Laguna P 22,182.19 Equipage (No. of Firearms) 1.

  • Regular Security Officers will be paid the regular daily wage for days when Plymouth-Canton Schools are closed due to inclement weather, provided the Security Officer is scheduled to work that day.