Ineligible Collateral definition

Ineligible Collateral means Collateral that does not constitute "Eligible Collateral".
Ineligible Collateral means the following types of Collateral:
Ineligible Collateral means any Appraised Collateral that:

Examples of Ineligible Collateral in a sentence

  • The obligation of each Transferor to accept reassignment of any Ineligible Receivable or Ineligible Collateral Certificate conveyed to the Trust by such Transferor, and to make the deposits, if any, required to be made to the Excess Funding Account as provided in this Section 2.6, shall constitute the sole remedy respecting the event giving rise to such obligation available to the Trust or the Noteholders (or the Indenture Trustee on behalf of the Noteholders).

  • On and after the date of such removal, the principal balance of each Ineligible Receivable and the Invested Amount of each Ineligible Collateral Certificate shall be deducted from the Pool Balance and the Transferor Amount.

  • The priority given to those matters may explain the small number of submissions received from RTOs.Two RTOs told the committee they were smoke-free.53 The Construction Skills Training Centre (CSTC)54 advised that since early 2015 smoking has been prohibited at its training centre, including the grounds and five metres beyond the boundaries, and in vehicles.

  • If any amendment, consent, waiver or other modification with respect to a Related Document (other than a Defaulted Collateral Loan or an Ineligible Collateral Loan) would effect a Material Modification, then the Borrower shall not cause or vote in favor of any such Material Modification without the written consent of the Administrative Agent and the Required Lenders.

  • If the fisheries department went to each and every village the charges will get higher compare to village tract level and township level.


More Definitions of Ineligible Collateral

Ineligible Collateral means Collateral that does not constitute "Eligible Collateral."
Ineligible Collateral has the meaning set out in Clause 4.3 (Return of Ineligible
Ineligible Collateral in Section 1.1 of the Loan Agreement is hereby deleted in its entirety and replaced with the following:
Ineligible Collateral means (i) a Unit and its related Lot which is not Eligible Collateral or (ii) any other property which is not Eligible Collateral.
Ineligible Collateral means Collateral that does not constitute “Eligible Collateral.” “Insufficiency Determination” has the meaning specified in Section 6(e). “Investment Property” means “investment property” as defined in Section 9-102(a)(49) of the UCC. “Lien” means any lien, mortgage, security interest, pledge, charge or encumbrance of any kind. “Location” means, with respect to any party, the place such party is “located” within the meaning of Section 9-307 of the Uniform Commercial Code as in effect in each jurisdiction that may be deemed applicable to such party. “Market Value” means, as of any date: (a) with respect to any HRH Common Stock (except as otherwise provided in Section 6(e)(2)), the Closing Price of the HRH Common Stock on such date; (b) with respect to any U.S. Government Security, (x)(i) the average unit bid price for such security on the Trading Day prior to such date as published in the New York edition of The Wall Street Journal or The New York Times or, if not so published, (ii) the lower bid price quoted (which quotation shall be evidenced in writing) on such date (or if such date is not a Trading Day, on the preceding Trading Day) by either of two nationally recognized dealers making a market in such security that are members of the National Association of Securities Dealers, Inc. multiplied by (y) the number of such units comprised in the outstanding principal amount of such U.S. Government Security; (c) with respect to any unit of Reported Securities, the Closing Price thereof on such date; provided that the “Market Value” of any Ineligible Collateral shall be zero; (d) with respect to any Exchange Property that is not a Reported Security, the fair market value of such Exchange Property, as determined by a nationally recognized investment banking firm retained by the Pledgor for this purpose; and (e) with respect to any Cash Equivalent, the face value of such instrument. “Maximum Deliverable Number” means, on any date, with respect to the HRH Common Stock, the product of the Firm Share Base Amount plus the Additional Share Base Amount (if any), divided successively by each number by which the Settlement Ratio shall have been divided on or prior to such date pursuant to the adjustments provided for under Article 4 of the Purchase Contract Agreement. Following a Reorganization Event, the Maximum
Ineligible Collateral means any of the following Notes (and all Collateral related to such Notes):
Ineligible Collateral in Section 1.1 of the Loan Agreement is hereby amended and restated in its entirety as follows: