Collateral Exchange definition

Collateral Exchange has the meaning specified in Section 13(b) hereof.
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Collateral Exchange has the meaning specified in Section 13(b) hereof. "Collateral Vessels" means the Rapallo and the Additional Collateral Vessels.
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Examples of Collateral Exchange in a sentence

  • The costs and expenses associated with the Release and the Collateral Exchange (including filing fees, and the costs and expenses of the counsel for the Lender) shall be for the sole expense of the Borrower and the Borrower agree that all such costs, expenses and charges constitute obligations hereunder.

  • The Loans shall be secured by (a) from the Effective Date and up to and until the consummation of the Collateral Exchange, the Mezzanine Shares, the Oil & Gas Shares and the Rapallo and (b) upon and after the consummation of the Collateral Exchange, the Rapallo and the Additional Collateral Vessels and any other assets of the Borrower as may be agreed between the Borrower and the Lender from time to time in accordance with the Security Documents.

Related to Collateral Exchange

  • Collateral Event means that no Relevant Entity has credit ratings at least equal to the Approved Ratings Threshold.

  • Collateral Pool means, at any time, each Portfolio Investment that has been Delivered (as defined in the Guarantee and Security Agreement) to the Collateral Agent and is subject to the Lien of the Guarantee and Security Agreement, and then only for so long as such Portfolio Investment continues to be Delivered as contemplated therein and in which the Collateral Agent has a first-priority perfected Lien as security for the Secured Obligations (subject to any Lien permitted by Section 6.02 hereof with respect to such Portfolio Investment), provided that in the case of any Portfolio Investment in which the Collateral Agent has a first-priority perfected (subject to Permitted Liens under clause (g) of the definition thereof) security interest pursuant to a valid Uniform Commercial Code filing, such Portfolio Investment may be included in the Collateral Pool so long as all remaining actions to complete “Delivery” are satisfied in full within the longest period of (i) seven (7) days of such inclusion and (ii) as the Collateral Agent may agree in its reasonable discretion.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Original Collateral Sale Price means JPY 6,399,647,993. Notwithstanding anything to the contrary in the Collateral Sale Agreement, the consideration for the Initial Charged Assets is the Issue Price of the Notes plus the entry into the Swap Agreement by the Issuer.

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