Collateral Debt Obligation Documents definition

Collateral Debt Obligation Documents means with respect to any Collateral Debt Obligation, the related documentation that has been delivered or should, consistent with the Servicing Standards, have been delivered to the Borrower or Servicer, including, without limitation, any related instrument, promissory note, loan agreement, security agreement, mortgage, assignment of Collateral Debt Obligations, all guarantees, and UCC financing statements and continuation statements (including amendments or modifications thereof) executed by the Obligor thereof or by another Person on the Obligor’s behalf in respect of such Collateral Debt Obligation and related instrument, including, without limitation, general or limited guaranties and, for each Collateral Debt Obligation secured by real property, an Assignment of Mortgage.
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Collateral Debt Obligation Documents means with respect to any Collateral Debt Obligation, the related documentation that has been executed and delivered to the Seller or its agent by the obligor thereof or by any other person on such obligor’s behalf in respect of such Collateral Debt Obligation and related instrument, including, without limitation, general or limited guaranties and, for each Collateral Debt Obligation secured by real property, an assignment of mortgage.
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Collateral Debt Obligation Documents means with respect to any Collateral Debt Obligation, the related documentation that has been delivered or should, consistent with the Servicing Standards, have been delivered to the Borrower or Servicer, including any related instrument, promissory note, loan agreement, security agreement, mortgage, assignment of Collateral Debt Obligations, all guarantees, and UCC financing statements and continuation statements (including amendments or modifications thereof) executed by the Obligor thereof or by another Person on the Obligor’s behalf in respect of such Collateral Debt Obligation and related instrument, including general or limited guaranties and, for each Collateral Debt Obligation secured by real property, an Assignment of Mortgage (so long as an Assignment of Mortgage has not been previously delivered to the Collateral Custodian in respect of such Collateral Debt Obligation).
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Examples of Collateral Debt Obligation Documents in a sentence

  • The Administrative Agent may also conduct an audit (as such term is used in clause (x) above) of the Collateral Debt Obligations, Collateral Debt Obligation Documents and Records in conjunction with such a review.

  • The Servicer will, on behalf of the Borrower, act in conformity with all material terms and conditions of the Collateral Debt Obligation Documents, including the prompt enforcement of the Borrower’s rights thereunder.

  • Except as described in the preceding sentence with respect to Underlying Notes, the Trustee may fulfill its obligations hereunder by accepting and reviewing copies of all Collateral Debt Obligation Documents in a Collateral Debt Obligation File.

  • The Borrower will act in conformity with all material terms and conditions of the Collateral Debt Obligation Documents, including the prompt enforcement of its rights thereunder.

  • Subject to Section 6.3, to the extent that portions of Collateral Debt Obligations are transferred pursuant to (i) a repayment of Advances Outstanding in connection with a sale of Ineligible Collateral Debt Obligation pursuant to Section 2.4(c), (ii) a Lien Release Dividend or (iii) an Optional Repurchase, the Collateral Custodian shall release the original Collateral Debt Obligation Documents.

  • The Servicer may, and shall at the direction of the Administrative Agent following an Event of Default, accelerate the maturity of all or any Scheduled Payments under any Collateral Debt Obligation under which a default under the terms thereof has occurred and is continuing (after the lapse of any applicable grace period), in each case, (to the extent it is permitted to do so under the related Collateral Debt Obligation Documents) and is consistent with its Servicing Standards.

  • To the extent that portions of Collateral Debt Obligations are transferred pursuant to a Discretionary Sale under Section 2.14, the Trustee shall release the original Collateral Debt Obligation Documents.

  • To the extent that portions of Collateral Debt Obligations are transferred pursuant to a Liquidation under Section 2.14, the Trustee shall release the original Collateral Debt Obligation Documents.