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CLO definition

CLO shall have the meaning assigned to such term in the definition ofQualified 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

  • Such Modified Commitment Transfer Supplement shall be deemed to amend this Agreement to the extent, and only to the extent, necessary to reflect the addition of such Purchasing CLO.

  • Agent shall receive a fee in the amount of $3,500 payable by the applicable Purchasing Lender and/or Purchasing CLO upon the effective date of each transfer or assignment (other than to an intermediate purchaser) to such Purchasing Lender and/or Purchasing CLO.

  • Each Borrower hereby consents to the addition of such Purchasing CLO.

  • Default rates on loans and other investments may continue to fluctuate and accordingly the performance of many collateralised loan obligation ("CLO") transactions and other types of investment vehicles may suffer as a result.

  • However, sanctions more severe than a censure must be approved by the relevant Adviser’s CLO, CIO or Adviser Board.


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 means the Cornell Lab of Ornithology, a unit of Cornell University, with offices located at 000 Xxxxxxxxx Xxxxx Xxxx, Ithaca, New York 14850, USA, telephone 000-000-0000.