Asset Tranche definition

Asset Tranche. At any time, a portion of the Asset Interest funded by any Purchaser Group selected by such Purchaser Group’s Purchaser Agent pursuant to and subject to the terms of Section 2.1.
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Asset Tranche means at any time a portion of the Asset Interest selected by the Administrator pursuant to Section 2.01.
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Asset Tranche. At any time, a portion of the Asset Interest selected by the Agent pursuant to Section 2.1.
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Examples of Asset Tranche in a sentence

  • The applicable Earned Discount Rate may be different for each Asset Tranche funded by a Liquidity Funding.

  • Each Purchaser Agent shall, from time to time for purposes of computing Earned Discount on that portion of the Asset Interest funded with Liquidity Fundings made by such Purchaser Agent’s Purchaser Group, divide any Asset Interest into Asset Tranches or combine two or more Asset Tranches into one Asset Tranche.

  • The applicable Earned Discount Rate may be different for each Asset Tranche.

  • The Administrator shall, from time to time for purposes of computing Earned Discount, divide the Asset Interest into Asset Tranches, and the applicable Earned Discount Rate may be different for each Asset Tranche.

  • The applicable Earned Discount Rate or CP Rate, as the case may be, and the maturity may be different for each Asset Tranche.

  • For purposes of computing Earned Discount, the Seller and the Agent (subject to the limitations set forth herein) shall, upon each Purchase and upon the expiration or termination of the Yield Period applicable to such Asset Tranche, divide the Asset Interest into Asset Tranches, and the applicable Earned Discount Rate may be different for each Asset Tranche.

  • If the Purchaser funds or refinances its investment in an Asset Tranche through a Liquidity Funding, in lieu of paying CP Costs on the Invested Amount thereof, the Seller will pay Earned Discount thereon at a Bank Rate selected in accordance with this Agreement.

  • On or before 12:00 noon, Atlanta, Georgia, time on the Business Day before the last day of each CP Tranche Period or Yield Period, as the case may be, the Administrative Agent shall notify the Master Servicer of the amount of Earned Discount accrued with respect to any Asset Tranche corresponding to such CP Tranche Period or Yield Period, as the case may be.

  • The applicable Earned Discount Rate may be different for each Asset Tranche funded by a Liquidity Funding or a Liberty Street Alternate Funding, as the case may be.

  • Seller shall pay such repurchase price in cash to the Administrator on behalf of Purchaser (including any holder of any Asset Tranche) in an amount equal to the sum of (i) all accrued and unpaid Earned Discount in respect of the Asset Interest, (ii) the Purchaser's Total Investment therein, (iii) the aggregate of other amounts then owed hereunder by Seller to Purchaser, Relationship Bank or Administrator and (iv) the accrued and unpaid Servicer's Fee.


More Definitions of Asset Tranche

Asset Tranche. At any time a portion of the Asset Interest selected by the Administrative Agent pursuant to Section 2.1.
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Asset Tranche means at any time a portion of the Aggregate Cash ------------- Investment selected by the Transferor pursuant to Section 2.06(a) or Section --------------- ------- 5.03. ---- "Available Commitment" shall mean, as of any date of determination -------------------- thereof, an amount equal to the amount by which the Aggregate Commitment exceeds the sum of the L/C Participation Amount and the Aggregate Cash Investment.
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Asset Tranche means at any time a portion of the Senior Purchaser's ------------- Interest selected by the Administrator pursuant to Section 2.01. ------------
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Asset Tranche means at any time a portion of the Asset Interest selected by the Administrative Agent pursuant to SECTION 2.1.
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Related to Asset Tranche

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Schedule 1 to this Agreement.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Single Tranche means the amount of the Financing allocated to the category entitled “Single Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Aggregate Revolving Loan Commitment means the combined Revolving Loan Commitments of the Lenders, which shall initially be in the amount of $20,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Delayed Draw Term Loan Commitment means the commitment of each Lender to make Delayed Draw Term Loans on each Delayed Draw Funding Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Delayed Draw Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Extended Loans shall have the meaning assigned to such term in Section 2.21(a).

Most Referenced Clauses

Most Referenced Definitions