Crediti ad Incaglio definition

Crediti ad Incaglio means those Claims (A)(i) under which there are at least 6 (six) Unpaid Instalments (in case of monthly payment) or at least 4 (four) Unpaid Instalments (in case of quarterly payment) or at least 2 (two) Unpaid Instalments (in case of semi-annual payment) or (ii) which are classified as delinquent (crediti ad incaglio) by the Servicer on behalf of the Issuer in accordance with the Bank of Italy’s supervisory regulations and (B) which are not classified as Crediti in Sofferenza yet;
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Crediti ad Incaglio means those Claims (A)(i) under which there are at least 6 (six) Unpaid Instalments (in case of monthly payment) or at least 2 (two) Unpaid Instalments (in case of quarterly payment) provided that 150 days have elapsed since the due date of the first Instalment which became an Unpaid Instalment or at least one Unpaid Instalment (in case of semi-annual payment) provided that 150 days have elapsed since the due date of the first Instalment which became an Unpaid Instalment or(ii) which are classified as delinquent (crediti ad incaglio) by the relevant Servicer on behalf of the Issuer in accordance with the Bank of Italy’s supervisory regulations and (B) which are not classified as Crediti in Sofferenza yet.
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Crediti ad Incaglio means those Claims classified as such by the Servicer on behalf of the Issuer in accordance with the Collection Policies following the Valuation Date.
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Related to Crediti ad Incaglio

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