Class A Collateral definition

Class A Collateral means the types of securities shown on Schedule 1.1 under the heading “Class A Collateral” which (a) have the required rating as set forth on Schedule 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 means all Collateral other than Class B Collateral.
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Class A Collateral means the Collateral, the Master Collateral allocable to the Class A Notes and the Class A Distribution Account Collateral.
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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.

  • On each Determination Date, the Servicer will provide to the Issuer, the Deal Agent, the Indenture Trustee and the Backup Servicer a monthly statement, (a "MONTHLY REPORT") identifying, (i) the Class A Collateral and the Class A Collections received during the Related Collection Period and (ii) the Class B Collateral and the Class B Collections received during the Related Collection Period, signed by a Responsible Officer of the Servicer and substantially in the form of EXHIBIT D.

  • 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.

  • The Class A Collateral Amount shall at no time exceed the Maximum Class A Collateral Amount.

  • The discounted value of all of the collateral being pledged to secure the loan will be added together, and then classified as follows: Adequate Collateral Value Coverage (Class A) Collateral Value > 1.15:1 Loan Amount In the instance of a Class A deal, the Collateral Coverage ratio exceeds or equals 1.15:1.

  • 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.

  • Additionally, in certain circumstances, so long as the Class A Collateral Coverage Tests, the Class B Collateral Coverage Tests, and the Class C Collateral Coverage Tests are satisfied after the Reinvestment Period, the Class A-1 Notes may not be paid pro rata due to the availability of Euros or U.S. Dollars on a particular Payment Date.

  • The Class A Notes will have --------------------------------- a maximum aggregate principal amount equal to the Portfolio Sublimit (as defined in the Note Purchase Agreement) (the "Maximum Class A Collateral Amount"), which --------------------------------- represents the maximum Class A Collateral Amount pursuant to this Indenture Supplement.

  • 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).


More Definitions of Class A Collateral

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.
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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 the Series 1996-1 Collateral and the Class A Distribution Account Collateral.
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Class A Collateral means Securities Collateral consisting of any of the following types:
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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, at any time, any asset (including, without limitation, cash and/or securities) which is paid or transferred by a Swap Provider to the Guarantor (and not transferred back to the Swap Provider) as credit support to support the performance by such Swap Provider of its obligations under the relevant Swap Agreement together with any income or distributions received in respect of such asset and any equivalent of such asset into which such asset is transformed; for greater certainty, Contingent Collateral shall at all times be excluded from Swap Collateral;

  • 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 an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it shall so qualify, into which all amounts drawn under the Class A Liquidity Facility pursuant to Section 3.5(c), 3.5(d), 3.5(i) or 3.5(m) shall be deposited.

  • 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 any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • 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 $757,097,792, 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 Company 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 Initial Second Priority Collateral Documents and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any Grantor for purposes of providing collateral security for any Second Priority Debt Obligation.

  • 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 security agreement, pledge agreement, assignment, mortgage, deed of trust 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 of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

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

  • Facility LC Collateral Account is defined in Section 2.20.11.