Collateral Value Certificate definition

Collateral Value Certificate means a certificate, substantially in the form of Exhibit H, setting forth the Company’s computation of the Collateral Value Amount. Each such certificate shall be signed on behalf of the Company by a Designated Financial Officer.
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Collateral Value Certificate means a certificate executed by a Responsible Officer of the Borrower substantially in the form of Exhibit E, with such changes thereto as the Administrative Agent and the Borrower may agree from time to time.
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Collateral Value Certificate means a certificate, substantially in the form of Exhibit F, setting forth the Borrower’s computation of the Collateral Value Amount. Each such certificate shall be signed on behalf of the Borrower by a Financial Officer.
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Examples of Collateral Value Certificate in a sentence

  • No later than the tenth Business Day of each month, if Eligible Collateral was on deposit in the Collateral Account as of the last day of the immediately preceding month, a Collateral Value Certificate as of such last day of the immediately preceding month.

  • In addition, the Borrower shall deliver a Collateral Value Certificate to the Administrative Agent promptly but in any event within one Business Day after any Letter of Credit becomes Fully Collateralized or, to the knowledge of the Borrower, ceases to be Fully Collateralized.

  • The allocation of Eligible Collateral to Letters of Credit shall be as set forth in the Collateral Value Certificate.


More Definitions of Collateral Value Certificate

Collateral Value Certificate means a certificate substantially in the form attached as Exhibit B.
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Collateral Value Certificate means a certificate executed by a Responsible Officer of Borrower in substantially the form of Exhibit L annexed hereto.
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Collateral Value Certificate a certificate in substantially the form of, and containing the information called for by, Exhibit F-1, signed by a Financial Officer of the Borrower and setting forth the Collateral Value as of the last day of the fiscal period covered by the financial statements to which such certificate relates.
Sample 1
Collateral Value Certificate means a certificate in substantially the form of Exhibit E hereto (with such changes therein as may be reasonably agreed by the Borrower and the Required Lenders to reflect the components of, and Reserves against the Collateral Value as provided for hereunder from time to time), executed and certified as accurate and complete in all material respects by a Responsible Officer of the Borrower, which shall include reasonably detailed calculations of the Collateral Value.
Sample 1
Collateral Value Certificate means a certificate setting forth the calculation of Aggregate Collateral Value substantially in the form of Exhibit VII annexed hereto.
Sample 1

Related to Collateral Value Certificate

  • Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of the Borrower Representative, in substantially the form of Exhibit C or another form which is acceptable to the Administrative Agent in its sole discretion.

  • Asset Backed Certificate (herein called the “Certificate”). Also issued under the Indenture, dated as of March 13, 2014, among the Trust, The Bank of New York Mellon, as trustee and indenture collateral agent, are six classes of Notes designated as “Class A-1 0.21000% Asset Backed Notes” (the “Class A-1 Notes”), “Class A-2 0.57% Asset Backed Notes” (the “Class A-2 Notes”), “Class A-3 0.90% Asset Backed Notes” (the “Class A-3 Notes”), “Class B 1.68% Asset Backed Notes” (the “Class B Notes”), “Class C 2.15% Asset Backed Notes” (the “Class C Notes”), “Class D 2.54% Asset Backed Notes” (the “Class D Notes”) and “Class E 3.58% Asset Backed Notes” (the “Class E Notes”) (the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes, the “Notes”). This Certificate is issued under and is subject to the terms, provisions and conditions of the Trust Agreement, to which Trust Agreement the holder of this Certificate by virtue of the acceptance hereof assents and by which such holder is bound. The property of the Trust includes a pool of retail installment sale contracts secured by new and used automobiles, vans or light duty trucks (the “Receivables”), all monies due thereunder on or after the Cutoff Date, security interests in the vehicles financed thereby, certain bank accounts and the proceeds thereof, proceeds from claims on certain insurance policies and certain other rights under the Trust Agreement and the Sale and Servicing Agreement, all right, title and interest of the Seller in and to the Purchase Agreement dated as of March 13, 2014 between AmeriCredit Financial Services, Inc. and the Seller and all proceeds of the foregoing. The holder of this Certificate acknowledges and agrees that its rights to receive distributions in respect of this Certificate are subordinated to the rights of the Noteholders as described in the Sale and Servicing Agreement, the Indenture and the Trust Agreement, as applicable. Distributions on this Certificate will be made as provided in the Trust Agreement or any other Basic Document by wire transfer or check mailed to the Certificateholder without the presentation or surrender of this Certificate or the making of any notation hereon. Except as otherwise provided in the Trust Agreement and notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Servicer on behalf of the Owner Trustee of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency maintained for the purpose by the Owner Trustee in the Corporate Trust Office. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon shall have been executed by an authorized officer of the Owner Trustee, by manual signature, this Certificate shall not entitle the holder hereof to any benefit under the Trust Agreement or the Sale and Servicing Agreement or be valid for any purpose. THIS CERTIFICATE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

  • Certificate Monthly Principal Distributable Amount means, with respect to any Payment Date, the Certificate Percentage of the Principal Distributable Amount for such Payment Date.

  • Class A Certificate Any Class A-1 Certificate, Class A-2 Certificate, Class A-3 Certificate, Class A-4 Certificate, Class A-5 Certificate, Class A-6 Certificate or Class A-7 Certificate.

  • Certificate Principal Distributable Amount means, with respect to any Payment Date, the sum of the Certificate Monthly Principal Distributable Amount for each Payment Date and any outstanding Certificate Principal Carryover Shortfall as of the close of the immediately preceding Payment Date; provided, however, that the Certificate Principal Distributable Amount shall not exceed the Certificate Balance. In addition, on the Payment Date as of which all of the Receivables are to be purchased pursuant to Section 8.01, the principal required to be deposited into the Certificate Distribution Account will include the amount necessary to reduce the Certificate Balance to zero.

  • Certificate Percentage means (i) for each Payment Date until the Notes have been paid in full, 0%; and (ii) thereafter, 100%.