CLO Transaction definition

CLO Transaction. The issuance of collateralized loan obligation securities by the Buyer pursuant to the Indenture.
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CLO Transaction means a collateralized loan obligation transaction that occurs after the Closing Date that is arranged by Natixis or an Affiliate of Natixis secured principally by a portfolio of Collateral Loans financed under this Agreement.
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CLO Transaction shall have the meaning set forth in the recitals hereto.
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Examples of CLO Transaction in a sentence

  • The Seller acknowledges that the Buyer, the Asset Manager, the holders of the Debt, the Collateral Trustee and the other parties to the CLO Transaction are entering into the transactions contemplated by this Agreement, the Indenture, the Credit Agreement and the other Transaction Documents in reliance upon the identity of the Buyer as a legal entity that is separate from the Seller and each other Affiliate of the Seller.


More Definitions of CLO Transaction

CLO Transaction. The issuance by a collateralized debt obligation fund that issues two or more classes of obligations or securities that are secured or backed by, among other things, a portfolio of loans including all or substantially all of the Reference Obligations that are the subject of Transactions under this Confirmation immediately prior to such issuance. The date on which such obligations or securities are issued and funded is referred to herein as the “CLO Transaction Closing Date”.
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CLO Transaction means a collateralized loan obligation transaction pursuant to that certain engagement letter dated as of September 23, 2011, as amended by the letter agreement dated June 14, 2013, between NewStar Financial, Inc. and Natixis.
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CLO Transaction means each collateralized loan obligation or collateralized debt obligation offering of an issuer or co-issuer where any Company Entity is the collateral manager, portfolio manager or performs a similar role for such issuer or co-issuer.
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CLO Transaction means the CLO transaction mutually agreed by the Servicer and Administrative Agent in writing (including by email).
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CLO Transaction means the collateralized loan obligation transaction whose investment assets are to be managed by Carlyle Credit Solutions, Inc. or one of its affiliates. "CME Term SOFR Administrator" means CME Group Benchmark Administration Limited as administrator of the forward-looking term SOFR (or a successor administrator). "Code" means the Internal Revenue Code of 1986, as amended. "Collateral" has the meaning set forth in Section 8.02(a). "Collateral Accounts" has the meaning set forth in Section 8.01(a). "Collateral Administrator" has the meaning set forth in the introductory section of this Agreement. "Collateral Agent" has the meaning set forth in the introductory section of this Agreement. "Collateral Principal Amount" means on any date of determination (A) the aggregate principal balance of the Portfolio Investments, excluding the unfunded balance of any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Collateral Accounts (in each case, including cash and Eligible Investments) representing Principal Proceeds as of such date and the amounts on deposit in the Unfunded Exposure Account and each Permitted Non-USD Currency Unfunded Exposure Account (in each case, including cash and Eligible Investments) as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.
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Related to CLO Transaction

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Void Transaction means any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

  • Excluded Transaction means any transaction in which assets are transferred to: (A) a shareholder of the Company (determined immediately before the asset transfer) in exchange for or with respect to its stock; (B) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company (determined after the asset transfer); (C) a Person, or more than one Person Acting as a Group, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding stock of the Company (determined after the asset transfer); or (D) an entity at least fifty percent (50%) of the total value or voting power of which is owned, directly or indirectly, by a Person described in clause (C) (determined after the asset transfer).

  • Transaction means the transactions contemplated by the Transaction Documents.