Accordion Confirmation shall have the meaning assigned to it in Section 2.02(c)(viii) of the Funding Agreement.
Accordion Confirmation has the meaning set forth in Section 1.1(b)(vi).
Accordion Confirmation means a confirmation substantially in the form set out in Schedule 16 (Form of Accordion Confirmation) of the 2017 Facilities Agreement.
Examples of Accordion Confirmation in a sentence
This Accordion Confirmation sets forth the Accordion Commitments as consented to by the Managing Agent for such Lender Group, and the resulting changes in the Facility Limit and Commitments.
This letter constitutes an Accordion Confirmation pursuant to Section 2.02(c)(viii) of the Funding Agreement.
More Definitions of Accordion Confirmation
Accordion Confirmation has the meaning set forth in Section 1.1(b)(vi). “Accordion Group Commitment” means with respect to any Purchaser Group, the aggregate amount of any increase in such Purchaser Group’s Group Commitment pursuant to Section 1.1(b) consented to by the Purchaser Agent on behalf of the Purchasers in such Purchaser Group. “Accordion Invested Amount” means, with respect to any Purchaser and its related Invested Amount, the portion, if any, of such Invested Amount being funded or maintained by such Purchaser under its Purchaser Group’s Accordion Group Commitment. “Accordion Period” has the meaning set forth in Section 1.1(b). “Accordion Purchase Limit” means the aggregate of the amount of any increase to the Purchase Limit pursuant to Section 1.1(b) consented to by the Increasing Purchaser Groups (and as such amount may be decreased in connection with any Exiting Purchaser); provided, that the Accordion Purchase Limit shall in no event exceed $250,000,000 without the consent of all Purchaser Agents. “Accordion Ratable Share” means, for each Purchaser Group (other than those comprised of Exiting Purchasers), such Purchaser Group’s Accordion Group Commitment divided by the aggregate Accordion Group Commitments of all Purchaser Groups (other than those comprised of Exiting Purchasers). “Account Disclosure Letter” means that certain letter from the Seller and the Servicer to the Administrator and each Purchaser Agent, setting forth each Lock-Box and Collection Account to which Collections are remitted. “Adjusted Dilution Ratio” means, at any time, the rolling average of the Dilution Ratio for the 12 Calculation Periods then most recently ended. “Administrator” has the meaning set forth in the preamble to this Agreement. “Advantage Asset” means Advantage Asset Securitization Corp., and its successors. “Affiliate” shall mean, with respect to a Person, any other Person, which directly or indirectly controls, is controlled by or is under common control with, such Person. The term “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise. 726249534 03128405 I- 1
Accordion Confirmation means a confirmation substantially in the form set out in Schedule 9 (Form of Accordion Confirmation).
Accordion Confirmation shall have the meaning ascribed thereto in Section 2.6(b).
Accordion Confirmation shall have the meaning assigned to it in Section 2.02(c)(vi).