Sentences with phrase «holders of security interests»

When you file for bankruptcy, the debt you owe to the holder of the security interest gets first priority over everyone else.

If you fail to make payment, the holder of the security interest gets first crack at the property and can sell it to get paid.

In the United States, the lender will secure its interest in the collateral by filing a Uniform Commercial Code (UCC) financing statement, which in effect tells the world that the lender is the holder of the security interest in the artwork.

The California Superior Court ordered the broker to pay $ 27,000 to the holder of the security interest and the broker appealed.

Not exact matches

Selling of Treasury securities by holders of mortgage - related debt, in order to hedge their increasing interest - rate risk, remained a factor exerting upward pressure on yields.

While returns are dependent upon borrower payments of principal and interest, Note holders do not have a security interest in the corresponding loans or loan proceeds.

The bond is a debt security, under which the issuer owes the holders a debt and (depending on the terms of the bond) is obliged to pay them interest (the coupon) or to repay the principal at a later date, termed the maturity date.

According to bankruptcy rule 3002 (a), Necessity for Filing, an unsecured creditor or an equity security holder must file a proof of claim or interest for the claim or interest to be allowed, except as provided in Rules 1019 (3), 3003, 3004, and 3005.

the disclosure of certain enumerated events affecting a municipal security; these events include the following, if material: (1) principal and interest payment delinquencies; (2) non-payment related defaults; (3) unscheduled draws on debt service reserves; (4) unscheduled draws on credit enhancements; (5) substitution of credit or liquidity providers; (6) adverse tax events affecting the tax - exempt status of the security; (7) modifications to rights of securities holders; (8) bond calls; (9) defeasances; (10) release, substitution, or sale of property securing repayment; (11) rating changes; (12) failure to provide annual financial information as required; the MSRB, Electronic Municipal Market Access (a.k.a. EMMA) provides free access to municipal disclosures, market data and education

The maturity date defines the lifespan of an interest - bearing security and designates the time at which the issuer (borrower) must repay the principal and interest to the holder (lender).

The two securities to look at are CDCO.OB (the new common stock of Comdisco that was issued to the old bondholders) and CDCOR.OB (The old equity interest in Comdisco which share in proceeds of the liquidation of Comdisco after a certain $ $ amount has been paid to the holders of CDCO.....

Trust Preferred Securities are a hybrid security that trade like a preferred share with a par value of $ 25 and pay a distribution in the form of a dividend or interest to the individual holder of the security.

Pass - through mortgage securities on which registered holders receive an aggregate principal and interest payment from a central paying agent on all of their Ginnie Mae II certificates.

Pass - through mortgage securities on which registered holders receive separate principal and interest payments on each of their certificates.

Current federal tax law requires the holder of a U.S. Treasury or other fixed income zero coupon security to accrue as income each year a portion of the discount at which the security was purchased, even though the holder receives no interest payment in cash on the security during the year.

The holder of the security is entitles to a pro rata share of principal and interest payments (including unscheduled prepayments) from the pool of mortgage loans.

Another interesting point as I'd say the last 9 - 12 months have seen a bit of a change in attitudes towards security — not from the security teams in law firms as they have always had a passion to ensure that they're as secure as they can be — but in the partners and the budget holders, because security expenditure does come out of their end of year bonus.

To support negotiability or possession for the purposes of priority of a security interest, one needs to be sure that the holder of only one document can make a specified claim on assets.

This right to relief requires a certain level of conduct from the corporation, conduct that is: oppressive, unfairly prejudicial or unfairly disregards the interest of any security holder.

Second, the stakeholder must then show that those reasonable expectations were violated by conduct that was «oppressive, unfairly prejudicial to or unfairly disregarded the interests of any security holder.»

Looking Out for Minority Security Holders — Securities Commission staff publish guidance on conflict of interest transactions

Section 248 the Ontario Business Corporations Act states that: «Where, upon an application under subsection (1), the court is satisfied that in respect of a corporation or any of its affiliates, (a) any act or omission of the corporation or any of its affiliates effects or threatens to effect a result; (b) the business or affairs of the corporation or any of its affiliates are, have been or are threatened to be carried on or conducted in a manner; or (c) the powers of the directors of the corporation or any of its affiliates are, have been or are threatened to be exercised in a manner, that is oppressive or unfairly prejudicial to or that unfairly disregards the interests of any security holder, creditor, director or officer of the corporation, the court may make an order to rectify the matters complained of.»

that is oppressive or unfairly prejudicial to or that unfairly disregards the interests of any security holder, creditor, director or officer of the corporation, the court may make an order to rectify the matters complained of.

In Canada, a bidder interested in launching a takeover bid to acquire parts, or the whole, of a business will publish its intention either by posting a newspaper ad, delivering a bid circular appealing directly to the security holders, or, more typically, will send a «bear hug letter» to the CEO (and / or the chairman).

The Canadian Internet Policy and Public Interest Clinic (CIPPIC) recommended that the Privacy Commissioner of Canada should set up such a data base, and that all breaches, however slight, should appear in it.26 This would serve as an additional incentive for data holders to be prudent, to stay out of the data base, and also provide a useful overview of the state of data security in the relevant jurisdiction.

Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Tuesday, February 9, 2016 at 1:30 p.m. (EST) to discuss with members of senior management the Company's results of operations during the fourth quarter of 2015 and current business initiatives.

Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Wednesday, February 8, 2017 at 11:00 a.m. (EST) to discuss the Company's results of operations during the fourth quarter of 2016 and current business initiatives with members of senior management.

Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Monday, May 1, 2017 at 11:00 a.m. (EST) to discuss the Company's results of operations during the first quarter of 2017 and current business initiatives with members of senior management.

Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Thursday, April 28, 2016 at 11:00 a.m. (EST) to discuss with members of senior management regarding the Company's results of operations during the first quarter of 2016 and current business initiatives.

Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on

Current holders and beneficial owners of, and prospective investors in, Brookfield Residential's debt securities, securities analysts, market makers and other interested parties are invited to participate in the conference call on Thursday, April 30, 2015 at 1:00 p.m. (EST) to discuss with members of senior management regarding the Company's results of operations during the first quarter of 2015 and current business initiatives.

The Broker failed to disclose the existence of a holder of an unrecorded security interest to the potential buyer of a property.

Broker also failed to discuss the pending sale of the property to the holder of the unrecorded security interest so he could record his security interest.