Zero Coupon Obligation definition

Zero Coupon Obligation means a debt security that does not expressly provide for the accrual of interest, and includes the former component parts of a debt security that did expressly provide for the accrual of interest if that component part does not itself expressly provide for the accrual of interest.
Zero Coupon Obligation means a Collateral Loan that does not provide for periodic payments of interest in Cash or that pays interest only at its stated maturity.
Zero Coupon Obligation means any loan that, at the time of purchase, does not by its terms provide for the payment of cash interest.

More Definitions of Zero Coupon Obligation

Zero Coupon Obligation. A debt obligation that does not bear interest for all or part of the period that it is outstanding or that provides for periodic payments in cash less frequently than semi-annually or that pays interest only at its stated maturity.
Zero Coupon Obligation means a German Government security that does not expressly provide for the accrual of interest, and includes former component parts of a German Government security that did provide for the accrual of interest if that component part does not provide for the accrual of interest.
Zero Coupon Obligation. Any debt security that by its terms (a) does not bear interest for all or part of the remaining period that it is outstanding, (b) provides for periodic payments of interest in Cash less frequently than semi-annually or (c) pays interest only at its stated maturity.
Zero Coupon Obligation means an obligation that, based on its terms at the time of determination, does not make periodic payments of interest.
Zero Coupon Obligation means any loan that, at the time of purchase, does not by its terms provide for the payment of cash interest. EXHIBIT C S&P Industry Classifications Asset Type Code Asset Type Description 1020000 Energy Equipment & Services 1030000 Oil, Gas & Consumable Fuels 2020000 Chemicals 2030000 Construction Materials 2040000 Containers & Packaging 2050000 Metals & Mining 2060000 Paper & Forest Products 3020000 Aerospace & Defense 3030000 Building Products 3040000 Construction & Engineering 3050000 Electrical Equipment 3060000 Industrial Conglomerates 3070000 Machinery 3080000 Trading Companies & Distributors 3110000 Commercial Services & Supplies 9612010 Professional Services 3210000 Air Freight & Logistics 3220000 Airlines 3230000 Marine 3240000 Road & Rail 3250000 Transportation Infrastructure 4011000 Auto Components 4020000 Automobiles 4110000 Household Durables 4130000 Textiles, Apparel & Luxury Goods 4210000 Hotels, Restaurants & Leisure 9551701 Diversified Consumer Services 4310000 Media 4410000 Distributors 4420000 Internet and Catalog Retail 4430000 Multiline Retail 4440000 Specialty Retail 5020000 Food & Staples Retailing 5110000 Beverages 5120000 Food Products 5130000 Tobacco 5210000 Household Products 5220000 Personal Products 6020000 Health Care Equipment & Supplies Asset Type Code Asset Type Description 6030000 Health Care Providers & Services 9551729 Health Care Technology 6110000 Biotechnology 6120000 Pharmaceuticals 9551727 Life Sciences Tools & Services 7000000 Banks 7000000 Thrifts & Mortgage Finance 7110000 Diversified Financial Services 7120000 Consumer Finance 7130000 Capital Markets 7210000 Insurance 7311000 Real Estate Investment Trusts (REITs) 7310000 Real Estate Management & Development 8020000 Internet Software & Services 8030000 IT Services 8040000 Software 8110000 Communications Equipment 8120000 Technology Hardware, Storage & Peripherals 8130000 Electronic Equipment, Instruments & Components 8210000 Semiconductors & Semiconductor Equipment 9020000 Diversified Telecommunication Services 9030000 Wireless Telecommunication Services 9520000 Electric Utilities 9530000 Gas Utilities 9540000 Multi-Utilities 9550000 Water Utilities 9551702 Independent Power and Renewable Electricity Producers PF1 Project finance: Industrial equipment PF2 Project finance: Leisure and gaming PF3 Project finance: Natural resources and mining PF4 Project finance: Oil and gas PF5 Project finance: Power PF6 Project finance: Public finance and real estate PF7 Project f...
Zero Coupon Obligation means a Debt Security that does not expressly provide for the accrual of interest, and includes the former component parts of a Debt Security that did expressly provide for the accrual of interest if that component part does not itself expressly provide for the accrual of interest. 2. MODIFICATION OF NOTES 2.1 Non-Reserved Matter Modifications The Conditions and any agreement governing the issuance or administration of the Notes (including this Agreement) may be modified in relation to any matter other than a Reserved Matter with the consent of the Issuer and:
Zero Coupon Obligation means an obligation that, based on its terms at the time of determination, does not make periodic payments of interest. Section 1.2. Assumptions as to Collateral Obligations In connection with all calculations required to be made pursuant to this Indenture with respect to Scheduled Distributions on any Pledged Obligations, or any payments on any other assets included in the Collateral, and with respect to the income that can be earned on Scheduled Distributions on such Pledged Obligations and on any other amounts that may be received for deposit in the Collection Account, the provisions set forth in this Section 1.2 shall be applied: