Security Receipts definition

Security Receipts means a security as defined in clause (zg) of section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002)
View Source
Security Receipts means a security as defined in clause (zg) of section 2 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002) c. ‘Securitized debt instrument’ means securities of the nature referred to in sub-clause (ie) of clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956(42 of 1956).
View Source

Examples of Security Receipts in a sentence

  • ECLFL in regular course of business from time to time put up its Stressed Financial Assets / Security Receipts for Sale.

  • ECLFL in regular course of business from time to time put up its Stressed Financial Assets / Security Receipts for Sale .

  • The Assignee is a securitisation and asset reconstruction company, registered as such, pursuant to Section 3 of the SARFAESI, also acting in its capacity as trustee of the _ Trust, declared pursuant to the trust deed dated executed by the Assignee (such deed hereinafter referred to as the “Trust Deed”), for the benefit of the holders of the Security Receipts issued by the trustee thereunder.

  • The Assignee is the trustee of the – Trust, declared pursuant to the trust deed dated executed by the Assignee (such deed hereinafter referred to as the “Trust Deed”), for the benefit of the holders of the Security Receipts issued by the trustee thereunder.

  • ERFL in regular course of business from time to time put up its Stressed Financial Assets / Security Receipts for sale .

  • The Assignee is a securitisation and asset reconstruction company, registered as such, pursuant to Section 3 of the SARFAESI, also acting in its capacity as trustee of ----- (such deed hereinafter referred to as the “Trust Deed”), for the benefit of the holders of the Security Receipts issued by the trustee there under.

  • The capital charge for Specific Risk and General Market Risk, calculated on bank’s gross equity position, would be 9% each and the Specific Risk capital charge on the banks investment in Security Receipts would be 13.5% (equivalent to 150% risk weight).

Related to Security Receipts

  • Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied

  • Collateral has the meaning specified in the Granting Clause of the Indenture.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Security Assets means all assets of the Chargor the subject of any security created by this Deed.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.