Expected ABS Collateral definition

Expected ABS Collateral has the meaning specified in Section 3.5(c).
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Examples of Expected ABS Collateral in a sentence

  • Failure to deliver a Sales Confirmation with respect to any Expected ABS Collateral shall result in such assets being ineligible for inclusion in the Collateral.

  • With respect to Expected ABS Collateral that is Legacy CMBS Collateral, it is understood and agreed that the Eligible Collateral Schedule shall not include any assets with respect to which the Sales Confirmation has not been delivered to Lender and Custodian in accordance with the first paragraph of this Section 3.3.

Related to Expected ABS Collateral

  • Excess Collateral has the meaning set forth in Section 5.7.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Control Collateral means any Collateral consisting of any Certificated Security (as defined in Section 8-102 of the Uniform Commercial Code), Investment Property, Deposit Account, Instruments and any other Collateral as to which a Lien may be perfected through possession or control by the secured party, or any agent therefor.

  • Threshold Event Collateral shall have the meaning assigned to such term in Section 5(g).

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.