Collateral Database has the meaning set forth in Section 11.3(a)(i).
Collateral Database has the meaning assigned to that term in Section 10.02(b)(iv).
Collateral Database. The meaning specified in Section 7.2(b)(x).
Examples of Collateral Database in a sentence
The vicinity map of the project site encompassing 2 km radius is given in Figure.
With respect to the duties described in Section 13.02, the Collateral Administrator, is entitled to rely conclusively, and shall be fully protected in so relying, on the contents of the information contained in the Collateral Database, including, but not limited to, the completeness and accuracy thereof, provided by the Servicer.
In fact, FNC downloads this data into FNC’s National Collateral Database and then markets access to this data to lending institutions and other third parties.
There are two keys to the quality and value of the National Collateral Database, one is the extensive use of real estate appraisal data and the other is the relentless dedication to quality.
The National Collateral Database combines appraisal, public record and other real estate sales and descriptive information into the most powerful real estate information database available to lenders and appraisers for the valuation and analysis of residential property.
More Definitions of Collateral Database
Collateral Database has the meaning assigned to such term in Section 15.01(b).
Collateral Database means the collateral database registry established and maintained by the Registrar General under section 29 (1) of the Act;
Collateral Database has the meaning given to such term in Section 3.5.
Collateral Database has the meaning assigned to such term in Section 15.01(b). “Collateral Default Ratio” means, on any date of determination, the ratio (expressed as a percentage) equal to (a) the sum of the Principal Balances of all Collateral Loans that became Defaulted Loans during the previous month net of any recoveries actually received by the Borrower in respect of such Defaulted Loans, divided by (b) the average Aggregate Principal Balance of all Collateral Loans during the previous month. “Collateral Interest Amount” means, as of any Determination Date, without duplication, the sum of (A) the aggregate amount of “Interest Proceeds” calculated solely pursuant to clause (a) of the definition of “Interest Proceeds” that have been received according to the payment schedule(s) under the Related Documents during the Collection Period ending on such Determination Date plus (B) the Dollar Equivalent of all interest and other income that is accrued but unpaid during such Collection Period on the Collateral Loans (excluding any such amounts with respect to Ineligible Loans). “Collateral Loan” means a Loan that is owned by the Borrower and included as part of the Collateral. “Collateral Management Fee” means the monthly fee, accruing from the Closing Date, payable in arrears on each Payment Date for the related Interest Accrual Period, in an amount equal to 0.35% per annum (calculated on the basis of a 360 day year and the actual number of days elapsed) of the Monthly Asset Amount. “Collateral Management Standard” means, with respect to any Loan included in the Collateral, to service and administer such Collateral Loan in accordance with the Related Documents and all customary and usual servicing practices (a) which are consistent with the higher of: (i) the customary and usual servicing practices that a prudent loan investor or lender would use in servicing loans like the Collateral Loans for its own account, and (ii) the same care, skill, prudence and diligence with which the Collateral Manager services and administers loans for its own account or for the account of others; (b) to the extent not inconsistent with clause (a), with a view to maximize the value of the Collateral Loans; and (c) without regard to: (i) any relationship that the Collateral Manager or any Affiliate of the Collateral Manager may have with any Obligor or any Affiliate of any Obligor, (ii) the Collateral Manager’s obligations to incur servicing and administrative expenses with respect to a Collateral L...
Collateral Database has the meaning assigned to such term in Section 8.10(a)(i). “Collateral Exposure Amount” means, on any date of determination, the excess (if any) of (x) the aggregate unfunded amounts in respect of all Revolving Collateral Loans and Delayed Drawdown Collateral Loans, net of the aggregate amount on deposit in the Revolving Reserve Account on such date of determination, and all amounts due for unsettled purchases at such time over (y) Principal Proceeds on deposit in the Principal Collection Account on such date of determination and designated by the Borrower or the Collateral Manager to settle unsettled purchases reasonably expected by the Borrower or the Collateral Manager to be settled within the Collection Period in which the date of determination occurs, provided that if the date of determination occurs during the period beginning on a Determination Date and ending on the related Payment Date, such Principal Proceeds shall be included in the amount determined pursuant to this clause (y) only if such Principal Proceeds do not constitute Distribution Amounts and are permitted to be retained in the Principal Collection Account.
Collateral Database. The meaning specified in Section 10.5.
Collateral Database has the meaning assigned to that term in Section 6.05.