ADDITIONAL COLLATERAL REQUIREMENT definition

ADDITIONAL COLLATERAL REQUIREMENT means, with respect to any Additional Subsidiary, the requirement set forth in any Credit Agreement that either (x) any Equity Interest in such Additional Subsidiary owned by NNL or any Subsidiary of NNL be added to the collateral subject to a pledge agreement in form and substance reasonably satisfactory to the Collateral Agent or (y) such Additional Subsidiary deliver a Foreign Subsidiary Guarantee.
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ADDITIONAL COLLATERAL REQUIREMENT means the requirement, at all times after September 15, 2007, when the Full Stock Pledge Condition is not satisfied, that:
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ADDITIONAL COLLATERAL REQUIREMENT means with regard to the separate classes of Mezz Notes:
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Examples of ADDITIONAL COLLATERAL REQUIREMENT in a sentence

  • Barbados has joined the two-pillar plan to reform the international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate, bringing to 133 the total number of jurisdictions participating in the agreement.

  • The provision of the Additional Collateral Requirement by the Client shall become necessary if the value in HUF of the Base Collateral requirement of the aggregate OTC derivative Individual Transactions entered into by the Client would increase above the threshold(s) set out in the Collateral Announcement as a result of the OTC derivative Individual Transaction initiated or to be entered into by the Client.

  • The amount of the Additional Collateral Requirement is not taken into account when assessing the value of the Client's open positions arising from Individual Transactions.

  • Practitioners of online therapy have a duty to ensure that their work is adequately supervised in a way that will support their work with online clients.

  • The Client undertakes to make the Additional Collateral Requirement available to the Bank and, to this end, to enter into a collateral security agreement with the Bank at the same time as any action affecting the amount of Base Collateral to be provided by the Client which would cause the amount of Base Collateral to rise above the threshold(s) set out in the relevant announcement.

  • The Client shall maintain the Additional Collateral Requirement in the amount specified in the Collateral Announcement until such time as the total value in HUF of the Base Collateral requirement of the Client's OTC derivative Individual Transactions in the aggregate falls below 90% of the threshold amount(s) specified in the announcement under this sub-chapter.

  • The Client is required to provide the Bank with the Additional Collateral Requirement in the type of collateral specified in the Collateral Announcement and accepted by the Bank.

  • The provisions of this Chapter of the GM GTC governing collaterals in general shall apply mutatis mutandis to the Additional Collateral Requirement, subject to the derogations contained in this sub-chapter.

  • The Additional Collateral Requirement shall serve as security for all of the Client's payment obligations under any title arising out of any Individual Transaction.

  • Section A.II.7.2.9 and Section A.II.7.2.10 of these GM GTC shall not apply to the Additional Collateral Requirement.

Related to ADDITIONAL COLLATERAL REQUIREMENT

  • Collateral Requirement means the requirement that:

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • Initial Collateral Amount means $1,000,000,000, which equals the sum of (i) the Class A Note Initial Principal Balance, (ii) the Class B Note Initial Principal Balance, (iii) the Class C Note Initial Principal Balance and (iv) the Initial Excess Collateral Amount.

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

  • Original Collateral Sale Date means 1 December 2020.

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Threshold Event Collateral shall have the meaning assigned to such term in Section 5(g).

  • Original Collateral Sale Price means JPY 6,399,647,993. Notwithstanding anything to the contrary in the Collateral Sale Agreement, the consideration for the Initial Charged Assets is the Issue Price of the Notes plus the entry into the Swap Agreement by the Issuer.

  • Collateral and Guarantee Requirement means, at any time, the requirement that:

  • Borrowing Base Property means Eligible Property and/or Commercial Land that the Administrative Agent has agreed to include in calculations of the Borrowing Base pursuant to Section 4.1. A Property shall be excluded from the determination of the Borrowing Base if at any time such Property shall cease to be an Eligible Property.

  • Contested Collateral Lien Conditions means, with respect to any Permitted Lien of the type described in clauses (a), (b), (e) and (f) of Section 6.02, the following conditions:

  • Minimum Collateral Amount means, at any time, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 103 % of the Fronting Exposure of all LC Issuing Banks with respect to Letters of Credit issued and outstanding at such time and (ii) otherwise, an amount determined by the Administrative Agent and the LC Issuing Banks in their sole discretion.

  • Capital Requirements means, as to any person, any matter, directly or indirectly, (i) regarding capital adequacy, capital ratios, capital requirements, the calculation of such person’s capital or similar matters, or (ii) affecting the amount of capital required to be obtained or maintained by such person or any person controlling such person (including any direct or indirect holding company), or the manner in which such person or any person controlling such person (including any direct or indirect holding company), allocates capital to any of its contingent liabilities (including letters of credit), advances, acceptances, commitments, assets or liabilities.

  • Collateral Deficiency Amount With respect to any AB Modified Loan as of any date of determination, the excess of (i) the Stated Principal Balance of such AB Modified Loan (taking into account the related junior note(s) included therein), over (ii) the sum of (in the case of a Loan Combination, solely to the extent allocable to the subject Mortgage Loan) (x) the most recent Appraised Value for the related Mortgaged Property or Mortgaged Properties, plus (y) solely to the extent not reflected or taken into account in such Appraised Value and to the extent on deposit with, or otherwise under the control of, the lender as of the date of such determination, any capital or additional collateral contributed by the related Mortgagor at the time the Mortgage Loan became (and as part of the modification related to) such AB Modified Loan for the benefit of the related Mortgaged Property or Mortgaged Properties (provided, that in the case of an Outside Serviced Mortgage Loan, the amounts set forth in this clause (y) will be taken into account solely to the extent relevant information is received by the Special Servicer), plus (z) any other escrows or reserves (in addition to any amounts set forth in the immediately preceding clause (y)) held by the lender in respect of such AB Modified Loan as of the date of such determination. The Certificate Administrator, the Master Servicer and the Operating Advisor (other than with respect to any Collateral Deficiency Amount calculations that the Operating Advisor is required to review, recalculate and/or verify pursuant to Section 3.29) shall be entitled to conclusively rely on the Special Servicer’s calculation or determination of any Collateral Deficiency Amount.

  • Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.

  • Solvency Capital Requirement means the Solvency Capital Requirement or the group Solvency Capital Requirement (as applicable) referred to in, or any other capital requirement (other than the Minimum Capital Requirement) howsoever described in, the Relevant Rules;

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Collateral Value The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by the Collateral Agent.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Supplemental Collateral Agent has the meaning assigned to that term in subsection 9.1B.