Required Collateral Sample Clauses
Required Collateral. LENDER'S LIEN ON THE COLLATERAL DESCRIBED IN THE SECTION TITLED "PROJECT DESCRIPTION" MUST REMAIN IN A FIRST AND BEST LIEN POSITION.
Required Collateral. The Qualified Public Depository shall secure all public deposits held by the Qualified Public Depository by pledging to the Treasurer eligible collateral, as defined in Tennessee Code Annotated §9-4-502(12), in an amount equal to or in excess of the required collateral as defined in Tennessee Code Annotated §9-4-502(19). Any security proposed by the Qualified Public Depository to be pledged as collateral pursuant to this Agreement must be approved by the Treasurer in accordance with Section 5.b. below prior to its deposit with a trustee custodian. The Treasurer will only accept securities clearly permitted above as collateral. Further, the Treasurer may, in good faith, decline to accept securities as collateral when circumstances require in order to ensure the pledging of sufficient marketable collateral to meet the purposes of this Agreement and the Act. The Qualified Public Depository shall furnish to the Treasurer any supporting documents of newly formed securities as may be requested by the Treasurer.
Required Collateral. With respect to each Advance, Borrower shall cause to be maintained with Lender Collateral consisting of a Mortgage Loan(s) with a Collateral Value not less than, at any date, the outstanding principal balance of the related Advance. With respect to each Advance, the Pledged Mortgage Loan shall be:
(i) if the Advance is a Tranche A Advance, a Conventional Conforming Mortgage Loan;
(ii) if the Advance is a Tranche B Advance, a Government Mortgage Loan;
(iii) if the Advance is a Tranche C Advance, a Jumbo Mortgage Loan;
(iv) if the Advance is a Tranche D Advance, a Super Jumbo Mortgage Loan;
(v) if the Advance is a Tranche E Advance, an Expanded Criteria Mortgage Loan;
(vi) if the Advance is a Tranche F Advance, a Subprime Mortgage Loan;
(vii) if the Advance is a Tranche G Advance, a Closed-End Second Lien Mortgage Loan;
Required Collateral. (a) Initial Delivery by the Pledgor to Collateral Agent. The Pledgor has Delivered to the Collateral Agent certificates representing [ ] shares of Series A Preferred Stock, representing the Collateral Amount as of the date hereof.
Required Collateral. Mortgages. Upon written request of any Lender, within twenty-five (25) days of such request, Borrower shall cause Guarantor to execute and deliver to Agent for recording Mortgages for each Property in form and substance reasonably satisfactory to Guarantor and Lenders. If, after the date hereof, Borrower or Guarantor directly or indirectly through a Subsidiarity acquires any real property, upon request of any Lender, Borrower shall cause Guarantor or such Subsidiary to execute and deliver to Agent for recording in the applicable county recorder’s office, a Mortgage in substantially the form as prior Mortgages, subject to those changes deemed necessary by Agent and its counsel to provide for local law requirements.
Required Collateral the Collateral determined by the Bank, which shall be established by the Customer pursuant to the provisions of §§ 14 and 15, specified as the Required Collateral in the Credit Support Agreement.
Required Collateral. The Customer may be requested to establish the Required Collateral on any Business Day. The amount of the Required Collateral shall be equal to the value of the Customer’s Exposure calculated on the Pricing Date. The method of calculation of the Customer’s Exposure shall be determined in the Credit Support Agreement.
Required Collateral. With respect to each Advance, Borrower shall cause to be maintained with Lender Collateral consisting of a Mortgage Loan(s) with a Collateral Value not less than, at any date, the outstanding principal balance of the related Advance. With respect to each Advance, the Pledged Mortgage Loan shall be:
(i) if the Advance is a Tranche F Advance, a Subprime Mortgage Loan (1st mortgages, maximum loan amount of $600,000 for a 1st mortgage, purchased in connection with whole loan trades);
(ii) if the Advance is a Tranche G Advance, a Closed-End Second Lien Mortgage Loan;
(iii) if the Advance is a Tranche I Advance, a Subprime Mortgage Loan (1st or 2nd mortgages, purchased in connection with securitizations); or
(iv) if the Advance is a Tranche J Advance, a Noncomplaint Mortgage Loan. Lender, in its sole discretion, shall determine the correct loan type for each Pledged Mortgage Loan.
Required Collateral. With respect to each Advance, Borrower shall cause to be maintained with Lender Collateral consisting of a Mortgage Loan(s) with a Collateral Value not less than, at any date, the outstanding principal balance of the related Advance. With respect to each Advance, the Pledged Mortgage Loan shall be:
(i) if the Advance is a Tranche A Advance, a Subprime Mortgage Loan;
(ii) if the Advance is a Tranche B Advance, a Super Jumbo Mortgage Loan; Lender, in its sole discretion, shall determine the correct loan type for each Pledged Mortgage Loan.
Required Collateral. 5 (a) Initial Delivery by Pledgor to Collateral Agent..................5 (b)