Asset Backed Securities Debt definition

Asset Backed Securities Debt means any bond or note that is based on one or more pools of credit card receivables, or collateralized by the cash flows from one or more pools of credit card receivables.
Asset Backed Securities Debt in proper alphabetical order as follows:

Examples of Asset Backed Securities Debt in a sentence

  • Brown field investments, Sources of Capital Markets - Bond Market, Infrastructure Funds, Private Equity, Public Finance and International Financing Institutions; Short-Term Finance - Lease Finance, Vendor Finance; Asset Backed Securities; Debt and Mezzanine Debt; Public procurement, Revenue from Infrastructure Projects - Flow of Revenue, Rate Setting, Rate Regulation, Rate and Cost of Service Analysis, Tax revenue and Subsidies.

Related to Asset Backed Securities Debt

  • Qualified Securitization Financing means any Securitization Facility (and any guarantee of such Securitization Facility), that meets the following conditions: (i) the Borrower shall have determined in good faith that such Securitization Facility (including financing terms, covenants, termination events and other provisions) is in the aggregate economically fair and reasonable to the Borrower and the Restricted Subsidiaries; (ii) all sales of Securitization Assets and related assets by the Borrower or any Restricted Subsidiary to the Securitization Subsidiary or any other Person are made at fair market value (as determined in good faith by the Borrower); (iii) the financing terms, covenants, termination events and other provisions thereof shall be on market terms (as determined in good faith by the Borrower) and may include Standard Securitization Undertakings; and (iv) the obligations under such Securitization Facility are nonrecourse (except for customary representations, warranties, covenants and indemnities made in connection with such facilities) to the Borrower or any Restricted Subsidiary (other than a Securitization Subsidiary).

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;

  • Equity-linked Securities means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

  • Securities Financing Transactions means repurchase agreements, reverse repurchase agreements, securities lending agreements and any other transactions within the scope of SFTR that a Fund is permitted to engage in;