Deleted Term Asset definition

Deleted Term Asset. A Term Asset replaced or to be replaced by a Qualified Substitute Term Asset.
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Examples of Deleted Term Asset in a sentence

  • The foregoing notwithstanding, if and to the extent the Series Supplement provides, the Depositor may, as an alternative to repurchasing any such Term Asset as provided above, cause such Term Asset to be removed from the Trust (in which case it shall become a Deleted Term Asset) by agreeing to substitute, within the time period set forth above, one or more Qualified Substitute Term Assets in the manner and subject to the limitations set forth in Section 2.3(b) and the related Series Supplement.

Related to Deleted Term Asset

  • Adjusted Term SOFR means, for purposes of any calculation, the rate per annum equal to (a) Term SOFR for such calculation plus (b) the Term SOFR Adjustment.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Fixed term employee means a person engaged for a specified term or for the duration of a specified task in accordance with section 37(3)(b) of the State Service Act 2000.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • long term specified asset means any bond, redeemable after three years and issued on or after the 1st day of April 2006:

  • Fixed-term employment means the engagement of an employee on the basis of a written contract of employment for a fixed period:

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Existing Term Loan Agreement means that certain Term Loan Agreement, dated as of April 9, 2020, by and among the Borrower, the lenders from time to time party thereto and Crédit Agricole Corporate and Investment Bank, as administrative agent for the lenders, as amended, modified, supplemented or replaced from time to time.

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.

  • Remaining Term Interest means, with respect to any Note, the aggregate amount of scheduled payment(s) of interest on such Note for the remaining term to the Maturity Date determined on the basis of the rate of interest applicable to such Note from and including the Redemption Date.

  • Qualified long-term care services means services that meet the requirements of Section 7702(c)(1) of the Internal Revenue Code of 1986, as amended, as follows: necessary diagnostic, preventive, therapeutic, curative, treatment, mitigation and rehabilitative services, and maintenance or personal care services which are required by a chronically ill individual, and are provided pursuant to a plan of care prescribed by a licensed health care practitioner.

  • Clean-Up Period has the meaning specified in Section 8.05.

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Tranche B Term Commitment means, as to any Lender, the obligation of such Lender, if any, to make a Tranche B Term Loan to the Borrower in a principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule I or in an Increase Joinder. The original aggregate amount of the Tranche B Term Commitments is $3,500,000,000.