Substitution of Security definition

Substitution of Security means the exchange of one "Participation Interest" in a "Loan" for a "Participation Interest" in a different "Loan" of an equal amount.
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Substitution of Security means the exchange of one Loan in the Participation Pool for a different Loan having an equal principal amount.
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Examples of Substitution of Security in a sentence

  • State of Rhode Island1) RIGL 37-2.1, Domestic Steel 2) RIGL 37-12, Contractors Bonds 3) RIGL 37-12.1, Substitution of Security for Retained Earnings of Architects and Engineers.

  • RIGL 37-12.1, Substitution of Security for Retained Earnings of Architects and Engineers.

  • Member States stressed the importance of the life-course approach for the implementation of bothHealth 2020 and the 2030 Agenda, and highlighted the need for support through political commitment at the highest level, adequate financing, relevant action plans and effective assessment of progress.

  • Morgan, M.B.; Branstetter, B.F.; Lionetti, D.M.; Richardson, J.S.; Chang, P.J. The radiology digital dashboard: Effects on report turnaround time.

  • Substitution of Security: The Lessee reserves the right to substitute equipment of equivalent or greater value in any Equipment Schedule.

  • The Program Administrator at its discretion may agree to allow the Incentive to continue under existing terms, be extended or allow the repayment requirements to be modified for hardship situations.7.3. Substitution of Security (Portability)A substitution of security (portability), which is considered a sale of the property is not permitted under the FTHBI Program.

  • Code § 7000 et seq.) with the license classification specified in Section 00 11 16, Article 1.9. 1.13 Retention and Substitution of Security A.

  • Mortgaged Premises includes the Specific Security, the First Charge Assets and the undertaking and all the property, assets and rights, present and future, wheresoever situate (including any uncalled capital) of the Issuer to the extent that the same shall not have been released pursuant to Condition 8 (Substitution of Security) or Condition 9 (Valuation of Security and Withdrawals) or otherwise pursuant to the provisions of the Trust Deed.

  • Subject to the satisfaction of each of the conditions set forth above in Section Conditions to Substitution of Security Subsequent to Merger.

  • The purpose of the recommended action is to authorize the Director of Public Works or her designee to enter into the enclosed Substitution of Security for Subdivision Improvements Agreement (Security Agreement) with Xxxxx Xxxxx Development LLC (LSD), which provides for the substitution of a lien on the property in place of the existing Letter of Credit as security for the completion of subdivision The Honorable Board of Supervisors 4/17/2012 improvements as required by the Multiple Agreement.

Related to Substitution of Security

  • Breach of Security means the occurrence of unauthorised access to or use of the Premises, the Services, the Contractor system or any ICT or data (including the Authority’s Data) used by the Authority or the Contractor in connection with this Contract.

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • or "Security means any debt securities or debt security, as the case may be, authenticated and delivered under this Indenture.

  • holder of Securities “registered holder”, or other similar term, means the Person or Persons in whose name or names a particular Security is registered on the Security Register kept for that purpose in accordance with the terms of this Indenture.

  • Exercise of Secured Creditor Remedies means, except as otherwise provided in the final sentence of this definition:

  • Series of Secured Debt means, severally, each Series of Priority Lien Debt and each Series of Parity Lien Debt.

  • Debt Security or “Debt Securities” has the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture.

  • Successor Security of any particular Security means every Security issued after, and evidencing all or a portion of the same debt as that evidenced by, such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 3.6 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Security.

  • 144A Global Security means a permanent Global Security in the form of the Security attached hereto as Exhibit A-1, and that is deposited with and registered in the name of the Depositary, representing Securities sold in reliance on Rule 144A under the Securities Act.

  • of a Security means the principal of the Security plus the premium, if any, payable on the Security which is due or overdue or is to become due at the relevant time.

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having actual or interpolated maturity comparable with the remaining term of the Notes that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.

  • Series of Securities means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • of a debt security means the principal of the security plus, when appropriate, the premium, if any, on the security.

  • Regulation S Global Security The meaning specified in Section 3.01(c).

  • Senior Security or “Senior Securities” means any Security or Securities designated pursuant to Section 301 as a Senior Security.

  • Coupon means any interest coupon appertaining to a Bearer Security.

  • Registered Security means any Security established pursuant to Section 201 which is registered in the Security Register.

  • Physical Security means permanent certificated Securities in registered non-global form issued in denominations of $1,000 principal amount and integral multiples in excess thereof.

  • 101 ( Outstanding") (a)(1)(A)....................... 502, 512 (a)(1)(B)....................... 513 (b).............................. 508 Sec. 317(a)(1).......................... 503 (a)(2)........................... 504 Sec. 318(a)............................. 111 (c)..............................

  • Relevant Security means any share of Common Stock, any warrant to purchase shares of Common Stock or any other security of the Company or any other entity that is convertible into, or exercisable or exchangeable for, shares of Common Stock or any other equity security of the Company, in each case owned beneficially or otherwise by the undersigned on the date of closing of the Public Offering or acquired by the undersigned during the Lock-Up Period. The restrictions in the foregoing paragraph shall not apply to any exercise (including a cashless exercise or broker-assisted exercise and payment of tax obligations) of options or warrants to purchase shares of Common Stock; provided that any shares of Common Stock received upon such exercise, conversion or exchange will be subject to this Lock-Up Period. The Lock-Up Period will commence on the date of this Lock-up Agreement and continue and include the date that is one-hundred and eighty (180) days after the closing of the Public Offering. In addition, the undersigned further agrees that, except for the registration statement filed or to be filed in connection with the Public Offering, during the Lock-Up Period the undersigned will not, without the prior written consent of the Representative: (a) file or participate in the filing with the SEC of any registration statement or circulate or participate in the circulation of any preliminary or final prospectus or other disclosure document, in each case with respect to any proposed offering or sale of a Relevant Security, or (b) exercise any rights the undersigned may have to require registration with the SEC of any proposed offering or sale of a Relevant Security. In furtherance of the undersigned’s obligations hereunder, the undersigned hereby authorizes the Company during the Lock-Up Period to cause any transfer agent for the Relevant Securities to decline to transfer, and to note stop transfer restrictions on the stock register and other records relating to, Relevant Securities for which the undersigned is the record owner and the transfer of which would be a violation of this Lock-Up Agreement and, in the case of Relevant Securities for which the undersigned is the beneficial but not the record owner, agrees that during the Lock-Up Period it will cause the record owner to cause the relevant transfer agent to decline to transfer, and to note stop transfer restrictions on the stock register and other records relating to, such Relevant Securities to the extent such transfer would be a violation of this Lock-Up Agreement. Notwithstanding the foregoing, the undersigned may transfer the undersigned’s Relevant Securities: