Collateral Dispute Notice definition

Collateral Dispute Notice has the meaning specified in Annex C.
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Collateral Dispute Notice means notice under the Collateral Administration Agreement from the Administrative Agent to the Borrower and the Collateral Administrator (i) asserting that any Eligible Collateral Asset Information (or component thereof or other matter relating to whether a Collateral Asset is an Eligible Collateral Asset) or the determination as to compliance with any of the Portfolio Criteria, or the related determinations with respect to any Collateral Asset underlying such determination as to compliance or eligibility, is incorrect and (ii) providing the correct information or determination and a reasonable explanation of the basis of such correction; provided that no Collateral Dispute Notice shall apply with regard to any determination under the Eligibility Criteria or Portfolio Criteria that is expressly provided to be a determination made by the Administrative Agent.
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Collateral Dispute Notice means notice from the Administrative Agent to the Borrower, the Servicer and the Collateral Administrator (i) asserting that the determination of whether a Collateral Asset is an Eligible Collateral Asset, any component of the Monthly Report or the determination as to compliance with any of the Portfolio Criteria, or the related determinations with respect to any Collateral Asset underlying such determination as to compliance or eligibility, is incorrect and (ii) providing the correct information or determination and a reasonable explanation of the basis of such correction; provided that no Collateral Dispute Notice will apply with regard to any determination under the Eligibility Criteria or Portfolio Criteria that is expressly provided to be a determination made by the Administrative Agent.
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Examples of Collateral Dispute Notice in a sentence

  • Upon delivery of any Collateral Dispute Notice, the Borrower, the Collateral Administrator and the Administrative Agent shall promptly consult each other regarding the information or determination so disputed.

  • Upon delivery of any Collateral Dispute Notice, the Borrower (or the Investment Adviser on its behalf), the Collateral Administrator and the Administrative Agent shall promptly consult each other regarding the information or determination so disputed.

  • In the case of a Collateral Dispute Notice delivered by the Borrower, the corrected information shall not control for any purpose under this Agreement or the Credit Agreement until such time as the Collateral Administrator and the Administrative Agent agree in writing that it does.

  • The Administrative Agent or the Borrower may dispute any Current Market Price as provided in the definition of Current Market Price by delivering a Collateral Dispute Notice to the other party and the Collateral Administrator, and any such dispute will be resolved and have the effect described in the definition of Current Market Price.

  • In the case of a Collateral Dispute Notice delivered by the Borrower, the corrected information shall not control for any purpose under the this Agreement or the Credit Agreement until such time as the Administrative Agent agrees in writing that it does.


More Definitions of Collateral Dispute Notice

Collateral Dispute Notice means notice under the Collateral Administration Agreement from the Administrative Agent to the Borrower and the Collateral Administrator (i) asserting that any Eligible Collateral Asset Information (or component thereof or other matter relating to whether a Collateral Asset is an Eligible Collateral Asset) or the determination as to compliance with any of the Portfolio Criteria, or the related determinations with respect to any Collateral Asset underlying such determination as to compliance or eligibility or any calculations with respect to such determination provided by the Borrower or the Manager, is incorrect and (ii) providing the correct information or determination and a reasonable explanation of the basis of such correction.
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Collateral Dispute Notice. “Current Market Price”; “Current Pay Obligation”; “Defaulted Obligation”; “DIP Loan”; “Distressed Exchange Offer”; “Dollar”, “$” and “USD”; “Eligible Collateral Asset”; “First Lien Bank Loan”; “Fitch”; “Foreign Loan”; “Foreign Obligor Notice”; “Laws”; “Xxxxx’x”; “Obligations”; “S&P”; “S&P Industry Category”; “Second Lien Bank Loan”; “Senior Secured Bond”; “Senior Subordinated Bond”; Senior Unsecured Bond”; “Structured Finance Security”; “Subordinated Bond.”
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Collateral Dispute Notice means notice from the Administrative Agent to the Borrower, the Servicer and the Collateral Administrator (i) asserting that the determination of whether a Collateral Asset is an Eligible Collateral Asset, any component of the Monthly Report or the determination as to compliance with any of the Portfolio Criteria, or the related determinations with respect to any Collateral Asset underlying such determination as to compliance or eligibility, is incorrect and (ii) providing the correct information or determination and a reasonable explanation of the basis of such correction; provided that no Collateral Dispute Notice will apply with regard to USActive 57710049.13-8- any determination under the Eligibility Criteria or Portfolio Criteria that is expressly provided to be a determination made by the Administrative Agent.
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Related to Collateral Dispute Notice

  • Xxxx Dispute Notice means the notice issued by a Party raising a Dispute regarding a Monthly Xxxx or a Supplementary Xxxx issued by the other Party;

  • Dispute Notice means a written notice served by one Party on the other stating that the Party serving the notice believes that there is a Dispute;

  • Billing Dispute Notice means a formal, written notice submitted to HUGE by the Customer in terms of this Procedure.

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • Claim Notice has the meaning set forth in Section 8.4(a).

  • Reconciliation Dispute has the meaning set forth in Section 7.9 of this Agreement.

  • Formal Dispute means a written objection by an Interested Party to any of the following:

  • Expected Claim Notice means a notice that, as a result of a legal proceeding instituted by or written claim made by a third party, an Indemnified Party reasonably expects to incur Damages for which it is entitled to indemnification under Article VI.

  • Disagreement Notice has the meaning set forth in Section 2.2.3.1(b).

  • Mediation Notice is defined in Section 6.2(b).

  • Arbitrable Dispute means any dispute arising under or in connection with this Agreement.

  • Disputed Amount means an amount which Customer disputes. A Disputed Amount may relate to the whole or part of an invoice(s).

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Notice of Dispute has the meaning provided in Section 2.1(f)(iii) of this Commercial Shared-Loss Agreement.

  • Technical Dispute has the meaning specified in Section 12.2;

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Tax Dispute has the meaning set forth in Section 5.06.

  • Dispute Date means, with respect to a Dispute, the date on which a Dispute Notice is effectively delivered by one party to the other party save that if, with respect to a Dispute, both parties deliver a Dispute Notice, the date on which the first in time of such notices is effectively delivered will be the Dispute Date. Each Dispute Notice will be effectively delivered if delivered in the manner agreed between the parties for the giving of notices in respect of this Agreement.

  • Claims Notice has the meaning set forth in Section 9.3(a).

  • Billing Dispute means the dispute of an invoice prepared by an Operator to the Other Operator which is made in good faith.

  • Disputing Party has the meaning specified in Paragraph 5.

  • Third Party Claim Notice shall have the meaning set forth in Section 6.5(a).

  • Relevant Dispute means any difference between the parties arising out of or in connection with this contract; "Relevant Force Majeure Event" has the meaning ascribed to it in Clause 17.1;

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Notice of Disagreement has the meaning set forth in Section 2.4(c).