Security Instrument Costs definition

Security Instrument Costs means, with respect to any Security Instrument, all fees, premiums, expenses and similar costs, other than Security Instrument Repayment Obligations, required to be paid to a Security Instrument Issuer pursuant to a Security Instrument Agreement or the Supplemental Indenture authorizing the use of such Security Instrument. Such Security Instrument Agreement or Supplemental Indenture shall specify any fees, premiums, expenses and costs constituting Security Instrument Costs.
Security Instrument Costs means, with respect to any Security Instrument, all fees, premiums, expenses and similar costs, other than Security Instrument Repayment Obligations, required to be paid to a Security Instrument Issuer pursuant to a Security Instrument Agreement
Security Instrument Costs means all fees, premiums, expenses and similar costs, other than Security Instru- ment Repayment Obligations, required to be paid to a Security Instrument Issuer pursuant to a Security Instrument Agreement. Each Security Instrument Agreement shall specify the fees, premiums, expenses and costs constituting Security Instrument Costs.

Examples of Security Instrument Costs in a sentence

  • Upon dissolution of the Authority, after payment in full of the Bonds (or provision for payment thereof having been made in accordance with the provisions of the Indenture) and payment in full of other obligations of the Authority, Security Instrument Costs, Security Instrument Repayment Obligations, Reserve Instrument Costs and Reserve Instrument Repayment Obligations any assets and net earnings of the Authority shall be paid to the Board in accordance with the Building Authority Act.


More Definitions of Security Instrument Costs

Security Instrument Costs means all fees, premiums, expenses and similar costs, other than Security Instru- ment Repayment Obligations, required to be paid to a Security Instrument Issuer pursuant to a Security Instrument Agreement. Each Security Instrument Agreement shall specify the fees, premiums, expenses and costs constituting Security Instrument Costs.