Class A Collateral definition

Class A Collateral means the types of securities shown on S chedule 1.1 under the heading “Class A Collateral” which (a) have the required rating as set forth on S chedule 1.1, (b) are capable of being marked to market on a daily basis, (c) are held in the Collateral Account and (d) are denominated in Dollars or Pounds.
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Class A Collateral is "Class A" or "Class B".
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Class A Collateral means (a) any and all "Collateral" as defined in any applicable Class A Security Document and (b) any and all other assets of whatever nature, tangible or intangible, now owned or existing or hereafter acquired or arising in which the Collateral Agent has been granted a Lien or security interest, or that have been assigned to the Collateral Agent, to secure any Class A Obligations pursuant to any Class A Security Document.
Sample 1

Examples of Class A Collateral in a sentence

  • It is the intent of the Company and the Noteholders that, for Federal, state and local income and franchise tax purposes only, the Class A-1 Notes will evidence indebtedness of the Company secured by the Class A Collateral.

  • The Class A Notes are and will be equally and ratably secured by the Class A Collateral pledged as security therefor as provided in the Indenture and the Series 2001-2 Supplement.

  • Each delivery of Pledged Stock shall be accompanied by a schedule describing the securities theretofore and then being pledged hereunder and stating whether such securities at the time constitute Class A Collateral or Class B Collateral, which schedule shall be attached hereto as Schedule II and made a part hereof.

  • Any such reduction shall be allocated first to the Class C Collateral Amount until the Class C Collateral Amount has been reduced to zero, second to the Class B Collateral Amount until the Class B Collateral Amount has been reduced to zero, and third to the Class A Collateral Amount until the Class A Collateral Amount has been reduced to zero.

  • The term "Collateral Value" shall mean, as of any date of determination, the sum of (i) the Class A Collateral Value as of such date plus (ii) the Fair Market Value of the common stock of CKB Petroleum, Inc.

  • In the event that such reduction would cause the Excess Collateral Amount ---- to be a negative number, the Excess Collateral Amount shall be reduced to zero, and the Class A Collateral Amount will be reduced by an amount equal to the excess of such reduction over the Excess Collateral Amount prior to such reduction (a "Class A Investor Charge Off").

  • To the extent that such Holder shall be deemed to have any interest in the Class A Collateral (other than to the extent that it is entitled to receive amounts pursuant to SECTION 3.1(B)), such Holder hereby agrees that its interest in such assets is subordinate to the claims or rights of the Class A Note Investors.

  • It has caused the portions of its records relating to the Contracts to be clearly and unambiguously identified to show that the Class A Collateral has been sold to the Transferor by FISC and resold by the Transferor to the Issuer in accordance with the terms of this Agreement.

  • Upon such payment, the Class A Collateral Amount shall decrease by an amount equal to the principal amount of the interest conveyed, and the Excess Collateral Amount shall automatically decrease to an amount so that the Excess Collateral Amount (after such decrease) shall equal the Required Excess Collateral Amount Percentage of the Collateral Amount (after such decrease).

  • Each Holder of a Class A Note hereby agrees, solely in its capacity as a Class A Note Investor, that it shall have no rights, title or interest in or to any assets of the Issuer other than the Class A Collateral, including but not limited to, any of the Class B Collateral.


More Definitions of Class A Collateral

Class A Collateral means Securities Collateral consisting of any of the following types:
Sample 1
Class A Collateral means the Collateral, the Master Collateral allocable to the Class A Notes and the Class A Distribution Account Collateral.
Sample 1
Class A Collateral means all collateral pledged to the Forbearing Party pursuant to the Class A Pledge Agreements.
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Class A Collateral means all Collateral other than Class B Collateral.
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Class A Collateral means the Series 1996-1 Collateral and the Class A Distribution Account Collateral.
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Related to Class A Collateral

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

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

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

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

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

  • Swap Collateral means all right, title and interest of Party B in this Agreement, each Transaction hereunder, and all present and future amounts payable by Party A to Party B under or in connection with this Agreement or any Transaction governed by this Agreement, including, without limitation, any transfer or termination of any such Transaction.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • 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.

  • Hedge Collateral Defined in Section 5.3(b).

  • UCC Collateral is defined in Section 3.03.

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

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

  • U.S. Collateral means the “Collateral” (or any equivalent term) as defined in the U.S. Security Agreement or any other applicable U.S. Security Document, together with any other assets (whether Real Property or personal property) pledged pursuant to any U.S. Security Document.

  • 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.

  • 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.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

  • Foreign Collateral means all Collateral of Foreign Loan Parties securing the Guaranteed Foreign Obligations.

  • Second Priority Collateral Documents means the Noteholder Collateral Documents and any other agreement, document or instrument pursuant to which a Lien is now or hereafter granted securing any Second Priority Claims or under which rights or remedies with respect to such Liens are at any time governed.

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • Term Loan Collateral means all assets, whether now owned or hereafter acquired by any Loan Party, in which a Lien is granted or purported to be granted to any Term Loan Secured Party as security for any Term Loan Obligation.

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

  • Facility LC Collateral Account is defined in Section 2.19.11.