Floating Rate Obligation definition
Floating Rate Obligation. Any Collateral Obligation that bears a floating rate of interest.
Floating Rate Obligation means any Collateral Loan that bears a floating rate of interest.
Floating Rate Obligation means any obligation that bears interest based on a floating rate index.
Examples of Floating Rate Obligation in a sentence
In connection with each Floating Rate Obligation, neither the Trustee nor the Collateral Administrator shall have any responsibility or liability for (i) monitoring the status of the applicable Benchmark, (ii) determining whether a substitute index should or could be selected, (iii) determining the selection of any such substitute index or (iv) exercising any right related to the foregoing on behalf of the Issuer or any other Person.
More Definitions of Floating Rate Obligation
Floating Rate Obligation. Any Collateral Obligation that bears a floating rate of interest. “Flowthrough Entity”: The meaning specified in Section 2.12(g)(i). “GAAP”: The meaning specified in Section 6.3(j). “Global Note”: Any Rule 144A Global Note or Regulation S Global Note. “Governmental Authority”: Whether U.S. or non-U.S., (i) any national, state, county, municipal or regional government or quasi-governmental authority or political subdivision thereof; (ii) any agency, regulator, arbitrator, board, body, branch, bureau, commission, corporation, department, master, mediator, panel, referee, system or instrumentality of any such government or quasi-government entity, or political subdivision thereof; and (iii) any court. “Grant” or “Granted”: To grant, bargain, sell, convey, assign, transfer, mortgage, pledge, create and grant a security interest in and right of setoff against, deposit, set over and confirm. A Grant of the Assets, or of any other instrument, shall include all rights, powers and options (but none of the obligations) of the granting party thereunder, including, the immediate continuing right to claim for, collect, receive and receipt for principal and interest payments in respect of the Assets, and all other Monies payable thereunder, to give and receive notices and other communications, to make waivers or other agreements, to exercise all rights and options, to bring Proceedings in the name of the granting party or otherwise, and generally to do and receive
Floating Rate Obligation means any obligation that bears interest based on a floating rate index. "Interest Only Security" means a security that is structured to provide for the payment of interest
Floating Rate Obligation. Any Collateral Obligation that bears a floating rate of interest. "FRB": Any Federal Reserve Bank.
Floating Rate Obligation. Any Collateral Obligation that bears a floating rate of interest. "FRB": The meaning specified in the definition of the term "Deliver". "GAAP": The generally accepted accounting principles (as in effect in the United States).
Floating Rate Obligation means a Collateral Obligation that bears a floating rate of interest.
Floating Rate Obligation means any obligation that bears interest based on a variable rate of interest which at the time of purchase is expressed as a spread over a London interbank offered rate or determined by reference to a prime or base rate.
Floating Rate Obligation means any Loan Asset that is not a Fixed Rate Obligation.