Available Collateral definition

Available Collateral means (a) the Bowling Assets, (b) the Headquarters, (c) Foreign Receivables, assets of Foreign Holdcos and assets of Loan Parties that are located outside the United States or Canada at foreign branches of such Loan Parties and (d) Foreign Equity Interests.
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Available Collateral means, with respect to a Term Borrowing Base Deficiency, Contracts or Residual Interests owned by DTAC and not otherwise restricted from transfer.
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Available Collateral. ’ means the amount (deter- mined at the close of the last calendar quarter ending before such call) by which a bank’s col- lateral as described in section 2154 of this title exceeds the collateral required to support the bank’s outstanding notes, bonds, debentures, and other similar obligations.
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Examples of Available Collateral in a sentence

  • Collateral Interest (1) The Available Collateral Interest, as of the close of Transfer Date for the preceding Monthly Period was equal to ..........................................

  • Collateral Interest (1) The Available Collateral Interest, as of the close of Transfer Date for the preceding Monthly Period was equal to .......................................

  • Available Collateral Invested Amount as of $80,036,239.78 the end of the Distribution Date 9 Household Finance Corporation Household Card Funding Corp.

  • Available Collateral Invested Amount as of $152,380,822.22 the end of the Distribution Date Household Finance Corporation HFC Card Funding Corporation Household Credit Card Master Trust I , Series 1995-1 CLASS B CERTIFICATEHOLDER'S STATEMENT A.Information Regarding Distributions 1.

  • Available Collateral Invested Amount as of $80,036,239.78 the end of the Distribution Date Household Finance Corporation Household Card Funding Corp.

  • To additionally report the Available Collateral Value in another currency.

  • Withdrawals shall be made in the priority set forth below and the Available Collateral Amount will be reduced by the amount of each related withdrawal as provided in the definition thereof set forth in Section 2 hereof.

  • The maximum amount of Loans that may be outstanding to Contran under the Revolving Credit Facility at any time (after giving effect to all requested Loans) is the lesser of (a) the Aggregate Commitments at the time in question minus the Outstanding Amount of L/C Obligations at the time in question, or (b) the Available Collateral Amount minus the Outstanding Amount of L/C Obligations at the time in question.

  • The schedule includes the following sections: Available Collateral - contains the various components of available collateral as defined by 12 CFR 615.5050; Indebtedness Requiring Collateralization - contains the components of indebtedness requir- ing collateralization by 12 CFR 615.5050; Collateral Positions - contains the amount of excess collateral (as defined by 12 CFR 615.5050).

  • Upon the incurrence of any Indebtedness secured by any Available Collateral or Fond du Lac Facility or any Floorplan Borrowing Base Assets, or the consummation of any sale and leaseback transaction in respect of any Available Collateral or Fond du Lac Facility, in each case that is permitted by this Agreement, the security interest in such Available Collateral or Fond du Lac Facility or Floorplan Borrowing Base Assets shall be automatically released.


More Definitions of Available Collateral

Available Collateral means such portion of the Collateral which the Bank deems to be available for use as security or credit support for all Transactions or any of them;
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Available Collateral as used herein shall mean such collateral which we have the legal right to take possession of and which we can obtain physical possession of through the exercise of reasonable commercial practices but without resorting to unlawful force, legal process or any violation of law, and as to which we can otherwise exercise the rights and remedies of a secured party as provided in the security agreement and under applicable law, unimpaired by (a) judicial or governmental restraints; (b) any bankruptcy or insolvency proceedings or any type of judicial or administrative proceeding, the result or effect of which is to interpose an obstacle to us realizing on such collateral; (c) any defect in a valid perfected lien superior to the rights of all
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Available Collateral has the meaning given to such term in Clause 2.2.1(b);
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Available Collateral means Available Collateral as defined in Section 2.4.(a) of this Agreement.
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Available Collateral means, at any time (i) all Mortgaged Vessels; (ii) Eligible Receivables; and (iii) all products and proceeds thereof.
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Available Collateral means, on any date, an amount of Original Collateral equal to:
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Related to Available Collateral

  • Acceptable Collateral means: (i) a Letter of Credit; and/or (ii) a cash amount (in pounds) transferred to the credit of a Reserve Account;

  • Eligible Collateral means, with respect to a party, the items, if any, specified as such for that party in Paragraph 13.

  • Applicable Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Collateral Agent for the Series of First Lien Obligations represented by the Major Non-Controlling Representative.

  • Available Collections means, for any Distribution Date, (i) all Obligor payments received with respect to the Receivables during the preceding Collection Period, (ii) all Liquidation Proceeds received with respect to the Receivables during the preceding Collection Period, (iii) all interest earned on funds on deposit in the Collection Account during the preceding Collection Period, (iv) the aggregate Purchase Amount deposited in the Collection Account on the preceding Distribution Date, (v) all prepayments received with respect to the Receivables during the preceding Collection Period attributable to any refunded item included in the Amount Financed (including amounts received as a result of rebates of extended service plan contract costs and insurance premiums and proceeds received under physical damage, theft, GAP, credit life and credit disability insurance policies), and (vi) all Simple Interest Advances deposited into the Collection Account by the Servicer on the Business Day preceding such Distribution Date; provided, however, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to any Purchased Receivable for the Collection Period during which the related Purchase Amount was deposited by the Seller into the Collection Account; provided further, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to any Receivable to the extent that the Servicer has made an unreimbursed Simple Interest Advance with respect to such Receivable and is entitled to reimbursement from such payments or other amounts pursuant to Section 4.4 of the Sale and Servicing Agreement; and, provided further, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to the Receivables that are retained by the Servicer as reimbursement for Unreimbursed Servicer Advances pursuant to Section 4.4 of the Sale and Servicing Agreement; provided, further, however, that Available Collections for any Distribution Date will exclude any Supplemental Servicing Fees.

  • Hedge Collateral Defined in Section 5.3(b).

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Collateral Proceeds means the Liquidation Proceeds of the Relevant Collateral or any Undeliverable Assets forming part of the Relevant Collateral (as the case may be) denominated in the Settlement Currency.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Collateral Available Funds means with respect to any Distribution Date, the Collateral Floating Percentage of Reallocated Investor Finance Charge Collections with respect to the preceding Monthly Period.

  • 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.

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Collateral Pool means, at any time, each Portfolio Investment that has been Delivered (as defined in the Guarantee and Security Agreement) to the Collateral Agent and is subject to the Lien of the Guarantee and Security Agreement, and then only for so long as such Portfolio Investment continues to be Delivered as contemplated therein and in which the Collateral Agent has a first-priority perfected Lien as security for the Secured Obligations (subject to any Lien permitted by Section 6.02 hereof with respect to such Portfolio Investment), provided that in the case of any Portfolio Investment in which the Collateral Agent has a first-priority perfected (subject to Permitted Liens under clause (g) of the definition thereof) security interest pursuant to a valid Uniform Commercial Code filing, such Portfolio Investment may be included in the Collateral Pool so long as all remaining actions to complete “Delivery” are satisfied in full within the longest period of (i) seven (7) days of such inclusion and (ii) as the Collateral Agent may agree in its reasonable discretion.

  • Borrowing Base Property means any one of the Borrowing Base Properties.

  • 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.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Original Collateral Sale Date means 8 December 2020.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under the sole dominion and control of the Administrative Agent.

  • 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.