Examples of Greenwich Collateral in a sentence
The Greenwich Collateral will be serviced by UDC after the Effective Date pursuant to an agreement acceptable to the parties.
Until such obligations are paid in full with default interest, Greenwich shall retain its lien on the Greenwich Collateral as well as its second lien on the stock of FMARC II.
The Confirmation Order shall contain a final acknowledgement and determination that the Bank Group had duly perfected and valid liens in all of FMAC's assets, except for the Greenwich Collateral and FMAC's stock in FMARC and FMARC II, which liens are not subject to avoidance, counterclaim or offset.
On the Effective Date, or a later date pursuant to an agreement between CFN and Greenwich, all Greenwich Repurchase Facility Secured Claims, if any, shall, at the Debtors' sole option, be (i) paid in full in Cash, (ii) Reinstated with Greenwich retaining its Liens upon the Greenwich Collateral in accordance with the Greenwich Security Agreement, or (iii) satisfied by returning to Greenwich the Greenwich Collateral securing such Greenwich Repurchase Facility Secured Claims.
On the Effective Date, or a later date pursuant to agreement between CFN and Greenwich, all Greenwich Whole Loan Purchase Facility Secured Claims, if any, shall, at the Debtors' sole option, be (i) paid in full in Cash, (ii) Reinstated with Greenwich retaining its Liens upon the Greenwich Collateral in accordance with the Greenwich Security Agreement, or (iii) satisfied by returning to Greenwich the Greenwich Collateral securing such Greenwich Whole Loan Purchase Facility Secured Claims.
The Chapter 11 Plan will also provide for any and all collections and proceeds received on the Greenwich Collateral, after payment of the debt to Greenwich, to be contributed first toward repayment of the DIP Facility, then to the Debtor's post-Plan Confirmation operating expenses.
The Debtor and UDC will coordinate an orderly and prompt transition of servicing of the Owned Loans, the Greenwich Collateral and the Securitized Pools, as applicable, from the Debtor to the Servicer during the pendency of the Bankruptcy Case to enable UDC (or an Authorized Assignee) to begin such servicing activities on the 5 Effective Date pursuant to the UDC Servicing Agreements.
As to the Greenwich Collateral and the Securitized Pools, the Debtor will continue to service with the management, supervision, or consultation of UDC until confirmation of the Chapter 11 Plan ("Plan Confirmation").
On the Effective Date, or a later date pursuant to agreement between CFN and Greenwich, all Greenwich Whole Loan Purchase Facility Secured Claims, if any, shall, at the Debtors' sole option, be (i) paid in full in Cash, (ii) 19 Reinstated with Greenwich retaining its Liens upon the Greenwich Collateral in accordance with the Greenwich Security Agreement, or (iii) satisfied by returning to Greenwich the Greenwich Collateral securing such Greenwich Whole Loan Purchase Facility Secured Claims.
Upon completion of the Sale, UDC will assist in all servicing of the Owned Loans, the Greenwich Collateral and the Securitized Pools.