Examples of Collateral Transfer in a sentence
Collateral Assets: The Collateral Assets specified in the Collateral Assets Report dated the Issue Date as amended from time to time pursuant to the Collateral Transfer Agreement and subject to compliance with the Eligibility Criteria.
Collateral Transfer Agreement means, in respect of all Relevant Series, the collateral transfer agreement entered into by the relevant Collateral Assets Companies, the Security Trustee, the Seller and the Issuer as constituted by the Constituting Instrument in respect of such Relevant Series.
Each Collateral Transfer Order shall apply and have effect in respect of the Non-Cash Collateral to be transferred to or to the order of the Clearing House or Clearing Member.
Collateral Assets Report has the meaning given thereto in the Collateral Transfer Agreement.
As margin maintenance is required to occur on each Business Day, the Noteholders' exposure to foreign exchange risk will be reduced to an overnight risk while margin maintenance is carried out by the Sellers in accordance with the relevant Collateral Transfer Agreement and the Issuer is not in default under the Notes.