Underlying Series definition

Underlying Series. Each series of securities which includes one or more classes of Pooled Certificates, as set forth on Schedule A hereto. Underlying Event of Default: An event of default under an Underlying Agreement.

Underlying Series. The series of securities which includes the Underlying Securities.

Underlying Series. Each series of securities which includes one of Pooled Certificates.

Examples of Underlying Series in a sentence

• Having realised the Security (in the case of Secured Certificates) or following liquidation of the Underlying Series Property by the Issuer (in the case of Unsecured Certificates) and distributed the net proceeds in accordance with Condition 4, none of the Note Trustee, the Security Trustee, if applicable, or any Certificateholder may take any further steps against the Issuer to recover any sum still unpaid and any such liability shall be extinguished.

• For the sake of clarity, the Purchase Price for any Purchased Asset as of any Purchase Date shall be calculated with respect to the related Underlying Assets that are then owned by the related Underlying Series Trust as of such Purchase Date.

• Similarly, the calculation of Margin Deficit, Market Value, Price Differential, Repurchase Price or any other valuations of all or a portion of the Purchased Assets shall be with respect to the related Underlying Assets, the beneficial ownership interests in which are then allocated to the related Underlying Series Trust, as the context may require.

• No Underlying Series shall acquire securities of any other investment company in excess of the limits contained in section 12(d)(1)(A) of the Act.

• Each Series Trust Certificate purchased by Buyer hereunder shall, as of any date, (i) represent 100% of the then current Series Trust Interests in the related Underlying Series Trust and (ii) for all intents and purposes hereunder, represent the Buyer’s indirect beneficial ownership of 100% of all the related Underlying Assets.

More Definitions of Underlying Series

Underlying Series. Each series of securities which includes one or more classes of Pooled Securities, as set forth on Exhibit D hereto. Underwriter: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated.

Underlying Series. The series of securities which includes the related Underlying Securities. Underlying 2007 Series: The series of securities which includes any of the Bear Xxxxxxx ALT-A Trust 2007-2 Class II-A-1 Certificates and the Bear Xxxxxxx ARM Trust 2007-2 Class II-A-1 Notes.

Underlying Series means each of:

Underlying Series. The series of securities which includes the Underlying Certificate. Wxxxx Fargo 2006-AR6 Class VII-A-1 Certificates: Wxxxx Fargo Mortgage Backed Securities 2006-AC6 Trust, Mortgage Pass-Through Certificates, Series 2006-AR6, Class VII-A-1.

Underlying Series. Each series of securities which includes one or more classes of Pooled Securities, as set forth on Schedule A hereto. UNDERLYING EVENT OF DEFAULT: An event of default under an Underlying Agreement.

Underlying Series. Each series of securities which includes one of Pooled Certificates. Z Certificates: Pooled FNMA 92-45/Z Certificates and Pooled FNMA 97-G2/Z Certificates.

Underlying Series. The transaction set forth on Schedule I attached hereto.