CLO definition

CLO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

CLO means any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender.

CLO has the meaning assigned to such term in Section 9.04(b).

Examples of CLO in a sentence

• All capitalized terms used herein but not defined herein shall have the respective meanings specified in, or incorporated by reference into, the Indenture, dated as of March 20, 2025 (as amended, supplemented or otherwise modified and in effect from time to time, the "Indenture"), by and among the Purchaser, as Issuer, Xxxxxxxxx Credit Partners BDC CLO I LLC, as the co-issuer and U.S. Bank Trust Company, National Association, as Trustee (in such capacity, the "Trustee").

• The Trustee shall, prior to the Closing Date, establish a single, segregated non-interest bearing trust account held in the name of “Xxxxxxxxx Credit Partners BDC CLO I Ltd., subject to the lien of U.S. Bank Trust Company, National Association, as Trustee,” which shall be designated as the Ramp-Up Account.

• In accordance with this Indenture and the Account Control Agreement, the Trustee shall, prior to the Closing Date, establish a single, segregated non-interest bearing trust account held in the name of “Xxxxxxxxx Credit Partners BDC CLO I Ltd., subject to the lien of U.S. Bank Trust Company, National Association, as Trustee,” which shall be designated as the Payment Account.

• By: Name: Title: USActive 61446358.4A-1-12 XXXXXXXXX CREDIT PARTNERS BDC CLO I LLC By: Name: Xxxxxx X.

• In accordance with this Indenture and the Account Control Agreement, the Trustee shall, prior to the Closing Date, establish a single, segregated non-interest bearing trust account held in the name of “Xxxxxxxxx Credit Partners BDC CLO I Ltd., subject to the lien of U.S. Bank Trust Company, National Association, as Trustee,” which shall be designated as the Expense Reserve Account.

More Definitions of CLO

CLO shall have the meaning assigned to such term in the definition of Qualified Transferee.

CLO have the following meanings:

CLO means any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course and is administered or managed by a Lender or an Affiliate of such Lender.

CLO as defined in subsection 11.6(b).

CLO means a collateralized loan obligation vehicle or similar debt securitization vehicle or entity.

CLO means any person that is primarily engaged in the issuance of securities based on, collateralized by or otherwise backed by one or more pools of assets consisting primarily of bank loans.

CLO is defined in Section 10.l8(b)(ii).