Bond Loan Collateral definition

Bond Loan Collateral means the Secondary Loan Receivables and Other Pledged Loan Receivables and credit enhancements, the parent guarantee, as applicable, and any and all such collateral as may be assigned to the Assignor Secured Party or the Secured Party pursuant to any Collateral Assignment or any principal loss collateral provision to secure payment in full of all amounts due under the Bond Loan Documents.
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Bond Loan Collateral means the Secondary Loan Receivables and Credit Enhancements, as applicable, and any and all such Collateral as may be assigned to the Lender or the Trustee pursuant to any Collateral Assignment or any Principal Loss Collateral Provision.
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Bond Loan Collateral means the "Bond Loan Collateral" as defined in the Bond Loan Security Agreement.
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Examples of Bond Loan Collateral in a sentence

  • At any time and from time to time upon the request of the Lender, the Borrower will promptly give, execute, deliver, file and record any notice, statement, instrument, document, agreement or other paper and do such other acts and things as the Lender reasonably may request in order to effect fully the purposes of the Loan Documents, which purposes include, without limitation, the creation, preservation, perfection or validation of any lien or security interest of the Lender in the Bond Loan Collateral.

  • The Borrower has good and marketable title to the Bond Loan Collateral.

  • The Borrower joins in the pledge of and grant of a security interest in, such portion of the Trust Estate comprising the Bond Loan Collateral to the extent of its interest therein.

  • Nothing in this Section 6.2 shall be interpreted to allow the Borrower to transfer the Bond Loan Collateral, except pursuant to Section 6.4 hereof.

  • The Bond Loan Collateral comprises unrestricted assets of the Borrower and the security interest created in the Bond Loan Collateral is valid, binding and enforceable against the Borrower.

  • Except as otherwise provided in this Agreement, without the prior written consent of the Secretary in the Secretary’s sole discretion, pledge, sell, mortgage, encumber, lease, transfer or otherwise dispose of the Bond Loan Collateral to any Person during the life of the Loan.

  • No part of the Bond Loan Collateral consists of or is classified as wetlands, tidelands or swamp and overflow lands or is located in a federally designated “flood area”.

  • The OC Test determines whether the Borrower has the Required Overcollateralization, as defined in paragraph (b) of this Section 5.21, by comparing (i) the Bond Loan Collateral to (ii) the product of (a) the Bond Loan Unpaid Principal Balance, times (b) [one hundred [NUMBER] percent (10[x]%)].

  • The term “Hazardous Substance” shall include, without limitation, raw materials, building components, the products of any manufacturing or other activities at the Bond Loan Collateral and wastes.

  • The Borrower shall ensure no part of the Bond Loan Collateral is subject to any lien, mortgage, deed of trust, pledge, security interest or other encumbrance, other than as set forth in the Loan Documents and Permitted Liens.


More Definitions of Bond Loan Collateral

Bond Loan Collateral is defined in the Bond Loan Agreement and includes, but is not limited
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