Collateral Management Agreements definition
Examples of Collateral Management Agreements in a sentence
In the event any such Corporate Action is entirely within the discretion exercisable by Seller as Collateral Manager, Buyer shall be entitled to direct Seller’s actions with respect thereto, provided that Seller reasonably concludes such directed action is consistent with its obligations as Collateral Manager under the relevant Collateral Management Agreements.
Each Acquired Company has been and is in compliance in all material respects with the CLO Collateral Management Agreements, the CLO Collateral Administration Agreements, the CLO Indentures and with all covenants and other provisions of the CLO Agreements, in each case, applicable to it.
During the period from and after the Closing Date through and including the date on which the amounts paid to, and retained by, Seller pursuant to Sections 2.9(a) through Section 2.9(d) equal the full Revenue Share (the “Restricted Period”), Buyer shall, and shall cause the Companies and their Subsidiaries to, use commercially reasonable efforts to maintain in effect the Dekania Collateral Management Agreements and to fulfill the obligations of collateral manager thereunder.
Assignment of Collateral Debt Securities Purchase Agreement and the Collateral Management Agreements.....................................................................
If less than all of the RCAM Collateral Management Agreements are terminated, this Agreement shall terminate with respect to any such terminated RCAM Collateral Management Agreement, but shall remain in full force and affect with respect to the unterminated RCAM Collateral Management Agreements.
Assignment of Collateral Debt Securities Purchase Agreement and the Collateral Management Agreements......................................
Notwithstanding the covenants made by Seller in this Section 5.1, Buyer acknowledges that CPAM shall be permitted to take any and all actions reasonably determined by CPAM to be required by the provisions (including the standard of care) of the CPAM CLO Documents including, without limitation, the CPAM Collateral Management Agreements.
Buyer shall not permit any of the Companies or their Subsidiaries to take any action, or fail to take any action, with respect to the collateral or assets relating to the Dekania Collateral Management Agreements or related transaction documentation, including in a manner that would reduce the amount of Management Fees payable to CCFL (or its designee) thereunder or would adjust the timing of such payments.
Promptly after Seller has received an amount equal to the full Revenue Share pursuant to this Section 2.9, the Parties shall provide written direction to each issuer and trustee under each of the Dekania Collateral Management Agreements that the Direction Letters are then terminated and to deliver the Management Fees in such manner as Buyer so directs.