Collateral Addition Request definition

Collateral Addition Request shall have the meaning set forth in Section 6.02(a).
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Collateral Addition Request shall have the meaning set forth in --------------------------- Section 6.02(a).
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Collateral Addition Request has the meaning set forth in Section 3.01-A.
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Examples of Collateral Addition Request in a sentence

  • The Borrower shall pay Additional Collateral Due Diligence Fees for the Additional Mortgaged Property to the Lender on the date on which it submits the Collateral Addition Request for the addition of the Additional Mortgaged Property to the Collateral Pool.

  • This Future Additional Mortgaged Property Term Loan Request is being delivered together with (i) a Collateral Addition Request and a Collateral Addition Description Package, (ii) the underwriting documentation required to be delivered by us pursuant to Section 3.03-A of the Term Loan Agreement and (iii) the Rate Lock Deposit.

  • Notwithstanding anything contained herein, Borrower may not add the properties known as Harbor Club I or Harbor Club III, unless such properties are added pursuant to the same Collateral Addition Request.

  • If the respective Borrower owns or is about to acquire any Additional Mortgaged Property and delivers to the Lender a Collateral Addition Request, together with the underwriting documentation required pursuant to Section 3.03-A(a), on or before March 15, 2000, the Lender shall determine the amount of the proposed Future Additional Mortgaged Property Term Loan based on the Lender's evaluation of the information provided pursuant to Section 3.03-A(a) in accordance with the DUS Underwriting Requirements.

  • The Borrowers shall deliver a Collateral Addition Request to the Lender, in the form attached as Exhibit I to this Agreement, to add one or more Multifamily Residential Properties to the Collateral Pool.

  • The Borrowers shall pay Additional Collateral Due Diligence Fees for the Additional Mortgaged Property to the Lender on the date on which they submit the Collateral Addition Request for the addition of the Additional Mortgaged Property to the Collateral Pool.

  • Advance Request, ------------------------------------------------------------------ Collateral Addition Request, Credit Facility Expansion Request or Future Advance -------------------------------------------------------------------------------- Request.

  • Accordingly, once the Borrower makes one or more Requests (other than a Future Advance Request or a Collateral Addition Request) in a Calendar Quarter, it shall not make any further Requests (other than a Future Advance Request) in the Calendar Quarter.

  • Relating to Initial Advance --------------------------------------------------------- Request, Collateral Addition Request, Credit Facility Expansion --------------------------------------------------------------- Request or Future Advance Request ...............................

  • The Borrower shall pay the estimated amount of $13,500 as the Additional/Substituted Collateral Due Diligence Fees for the Additional Mortgaged Property or the Substituted Mortgaged Property, as applicable, to the Lender on the date on which it submits the Collateral Addition Request or the Collateral Substitution Request for the addition of the Additional Mortgaged Property or the Substituted Mortgaged Property, as applicable, to the Collateral Pool.


More Definitions of Collateral Addition Request

Collateral Addition Request means a written request, substantially in the form of Exhibit K to the Agreement, to add Additional Mortgaged Properties to the Collateral Pool pursuant to Section 3.03.
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Collateral Addition Request has the meaning given that term in Section 5.2(a) of this Agreement.
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Related to Collateral Addition Request

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under the sole dominion and control of the Administrative Agent.

  • Excess Additional Book Basis has the meaning given such term in the definition of “Additional Book Basis Derivative Items.”

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Collateral Additional Interest shall have the meaning specified in subsection 4.02(c).

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • 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.

  • Borrowing Base Amount means:

  • Nonrecoverable Property Protection Advance shall have the meaning assigned to the term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Collateral Invested Amount means, when used with respect to any date, an amount equal to (a) the Collateral Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Collateral Interest Holder prior to such date, minus (c) the aggregate amount of Collateral Charge-Offs for all prior Distribution Dates pursuant to subsection 4.06(c), minus (d) the aggregate amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to Section 4.08 allocable to the Collateral Invested Amount, minus (e) an amount equal to the amount by which the Collateral Invested Amount has been reduced on all prior Distribution Dates pursuant to subsections 4.06(a) and (b), and plus (f) the amount allocated and available on all prior Distribution Dates pursuant to subsection 4.07(i), for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Collateral Invested Amount may not be reduced below zero.

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

  • Letter of Credit Collateral has the meaning specified in Section 6.02(b).

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

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • Maximum Collateral Amount The sum of the Principal Balance as of the Cut-off Date of the Initial Mortgage Loans and the Original Pre-Funded Amount.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

  • Applicable Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Collateral Agent for the Series of First Lien Obligations represented by the Major Non-Controlling Representative.

  • Supplemental Collateral Agent has the meaning assigned to that term in subsection 9.1B.

  • Property Protection Advance shall have the meaning assigned to the term “Servicing Advance” in the Servicing Agreement or such other analogous term used in the Servicing Agreement.