Underlying Security Provider definition

Underlying Security Provider. With respect to any Underlying Security purchased pursuant to an Underlying Security Purchase Agreement, each entity specified as such in the applicable Series Supplement or its successor in interest.
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Underlying Security Provider. With respect to any Series (or any Class within such Series), any Person, if any, that sells an Underlying Security to the Depositor.
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Underlying Security Provider. (zz) "Underlying Security Purchase Agreement"; (aaa) "Underlying Securities"; (bbb) "Underlying Securities Issuer"; (ccc) "Underlying Securities Schedule"; (ddd) "Trust"; (eee) "Trustee"; (fff) "Trust Termination Event"; (ggg) "Voting Rights";
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Examples of Underlying Security Provider in a sentence

  • It is further understood and agreed that, unless otherwise provided in the related Series Supplement, in no event shall either the Depositor or the Administrative Agent, if any, be obligated to repurchase or substitute for such an Underlying Security, regardless of whether the Underlying Security Provider defaults on its obligation to repurchase or substitute for such an Underlying Security.

  • It is further understood and agreed that, unless otherwise provided in the related Series Supplement, in no event shall either the Trustor or the Administrative Agent, if any, be obligated to repurchase or substitute for such an Underlying Security, regardless of whether the Underlying Security Provider defaults on its obligation to repurchase or substitute for such an Underlying Security.

  • Section 2.3 Repurchase or Substitution of Certain Underlying Securities by the Underlying Security Provider.............

Related to Underlying Security Provider

  • Security Provider means a person which, in accordance with the provisions of this Agreement, provides or is to provide any guarantee or other surety or security in respect of that Party’s obligations under this Agreement;

  • Underlying Security means a security issued or transferred, or to be issued or transferred, in accordance with the terms of a convertible security, an exchangeable security or a multiple convertible security;

  • Underlying Securities Issuer With respect to an Underlying Security, the issuer thereof (including, if applicable, the guarantor of the Underlying Security), as identified in the Underlying Securities Schedule.

  • Underlying Securities Trustee means The Bank of New York.

  • HMG Security Policy Framework means the Cabinet Office Security Policy Framework (available from the Cabinet Office Security Policy Division) as updated from time to time.