Collateral Manager Advances definition

Collateral Manager Advances. The meaning specified in the Collateral Management Agreement.
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Collateral Manager Advances means all amounts advanced by the Collateral Manager to the Issuer pursuant to the Collateral Management Agreement for the purpose of funding the acquisition of or exercise of the rights under any Collateral Enhancement Obligation.
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Collateral Manager Advances means all amounts paid by the Collateral Manager on behalf of the Issuer pursuant to the Collateral Management Agreement for the purpose of acquiring or exercising rights under any Collateral Enhancement Obligation or to fund the Collateral Enhancement Account.
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Examples of Collateral Manager Advances in a sentence

  • All such Collateral Manager Advances shall be repaid (together with interest thereon) out of the Interest Proceeds and Principal Proceeds on each Payment Date pursuant to the Priorities of Payment.

  • Outstanding Collateral Manager Advances may accrue interest at a maximum rate of EURIBOR plus 2.0 per cent.

  • All such Collateral Manager Advances shall be repaid (together with interest thereon) out of Interest Proceeds and Principal Proceeds on each Payment Date pursuant to the Priorities of Payment.

  • All such Collateral Manager Advances shall be repaid (together with interest thereon) out of Interest Proceeds and Principal Proceeds on each Payment Date pursuant to the Priorities of Payments.

  • Outstanding Collateral Manager Advances may accrue interest at a rate of EURIBOR plus 2.0 per cent.

  • Collateral Manager AdvancesThe Collateral Manager may make Collateral Manager Advances pursuant to Condition 3(k) ( Collateral Manager Advances) from time to time to the extent there are insufficient sums standing to the credit of the Collateral Enhancement Account to purchase or exercise rights under Collateral Enhancement Obligations which the Collateral Manager determines on behalf of the Issuer should be purchased or exercised.

  • The Collateral Manager may make Collateral Manager Advances pursuant to Condition 3(k) (Collateral Manager Advances) from time to time to the extent there are insufficient sums standing to the credit of the Supplemental Reserve Account to purchase or exercise rights under Collateral Enhancement Obligations which the Collateral Manager determines on behalf of the Issuer should be purchased or exercised.

  • All such Collateral Manager Advances shall be repaid (together with interest thereon) out of the Interest Proceeds and Principal Proceeds on each Payment Date pursuant to the Priorities of Payments.

  • Outstanding Collateral Manager Advances may accrue interest at a rate of not more than EURIBOR plus 4.0 per cent.

  • Collateral Manager AdvancesThe Collateral Manager may make Collateral Manager Advances pursuant to Condition 3(k) ( Collateral Manager Advances) from time to time to the extent there are insufficient sums standing to the credit of the Supplemental Reserve Account to purchase or exercise rights under Collateral Enhancement Obligations which the Collateral Manager determines on behalf of the Issuer should be purchased or exercised.


More Definitions of Collateral Manager Advances

Collateral Manager Advances. All Collateral Manager Expenses paid by the Collateral Manager from its own funds in connection with its obligations under this Agreement.
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Collateral Manager Advances means all amounts advanced by the Collateral Manager to the Issuer pursuant to the Collateral Management Agreement for the purpose of funding the acquisition of or exercise of the rights under any Collateral Enhancement Obligations provided that the aggregate of such amounts together with any further amounts paid into the Collateral Enhancement Account pursuant to the Priorities of Payment shall not exceed€2,000,000;
Sample 1
Collateral Manager Advances means all amounts advanced by the Collateral Manager to the Issuer pursuant to the Collateral Management Agreement for the purpose of funding the acquisition of or exercise of the rights under any Collateral Enhancement Security provided that the aggregate of such amounts together with any further amounts paid into the Collateral Enhancement Account and any repayment of interest and principal on previous Collateral Manager Advances pursuant to the Priorities of Payment shall not exceed €3,000,000 and the amount of which shall not be less than €50,000 (or the Euro equivalent thereof, converted at the Initial Rate of Exchange) per Collateral Manager Advance.
Sample 1

Related to Collateral Manager Advances

  • Collateral Manager The meaning specified in the Preamble.

  • Collateral Management Fee means each of the Senior Management Fee, the Subordinated Management Fee and the Incentive Collateral Management Fee.

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.

  • Management Advances means loans or advances made to, or Guarantees with respect to loans or advances made to, directors, officers, employees or consultants of any Parent, the Company or any Restricted Subsidiary:

  • Agent Advances has the meaning set forth in Section 2.3(e)(i).

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Servicing Advances All customary, reasonable and necessary "out of pocket" costs and expenses incurred in the performance by the Master Servicer of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration and protection of a Mortgaged Property, (ii) any expenses reimbursable to the Master Servicer pursuant to Section 3.11 and any enforcement or judicial proceedings, including foreclosures, (iii) the management and liquidation of any REO Property and (iv) compliance with the obligations under Section 3.09.

  • Collateral Enhancement Obligation means any warrant or equity security, excluding Exchanged Equity Securities, but including without limitation, warrants relating to Mezzanine Obligations and any equity security received upon conversion or exchange of, or exercise of an option under, or otherwise in respect of a Collateral Debt Obligation; or any warrant or equity security purchased as part of a unit with a Collateral Debt Obligation (but in all cases, excluding, for the avoidance of doubt, the Collateral Debt Obligation), in each case, the acquisition of which will not result in the imposition of any present or future, actual or contingent liabilities or obligations on the Issuer other than those which may arise at its option; provided that no Collateral Enhancement Obligation may be a Dutch Ineligible Security.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Servicing Bank means the Agent or the Security Trustee;

  • Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in the agreement, where under the Portfolio Manager exercises any degree of discretion in the investments or management of assets of the Client.

  • Home Equity Loans means loans or funded portions of lines of credit secured by mortgages on one-to four-family residences or stock of cooperative housing associations, where the Failed Bank did not have a first lien on the same property as collateral.