Common use of Collateralized Debt Offering Clause in Contracts

Collateralized Debt Offering. An offering, by a special purpose entity, of interests in secured debt obligations, and other investments permitted under the organizational and operating documents of such entity, which interests are sold to third party investors. Consolidated Amortization Expense – For any period, the aggregate consolidated amount of amortization expense of Borrower, as determined in accordance with GAAP; provided however that such consolidation shall not include the amount of amortization expense of Non-Consolidation Entities.

Collateralized Debt Offering. An offering, by a special purpose entity, of interests in secured debt obligations, and other investments permitted under the organizational and operating documents of such entity, which interests are sold to third party investors. Consolidated Amortization Expense – Expense— For any period, the aggregate consolidated amount of amortization expense of Borrower, as determined in accordance with GAAP; provided however that such consolidation shall not include the amount of amortization expense of Non-Consolidation Entities.

Collateralized Debt Offering. An offering, by a special purpose entity, of interests in secured debt obligations, and other investments permitted under the organizational and operating documents of such entity, which interests are sold to third party investors. Consolidated Amortization Expense – For any period, the aggregate consolidated amount of amortization expense of Borrower, as determined in accordance with GAAP; provided however that such consolidation shall not include the amount of amortization expense of Non-Consolidation Entities.