Initial Collateral Debt Obligations definition

Initial Collateral Debt Obligations means the Collateral Debt Obligations listed in Schedule A hereto as of the Closing Date and the Collateral Debt Obligations purchased during the Ramp-Up Period.
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Initial Collateral Debt Obligations means the Collateral Debt Obligations proposed to be acquired by the Issuer on the Closing Date and for which the Issuer has entered into a commitment to purchase on or before the Closing Date.
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Initial Collateral Debt Obligations. The Collateral Debt Obligations listed in Schedule A hereto as of the Closing Date, excluding any Retained Interests.
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Examples of Initial Collateral Debt Obligations in a sentence

  • See “—Potential Conflicts of Interest.” It is expected that at least U.S.$580,000,000 in Aggregate Principal Amount of the Initial Collateral Debt Obligations will be identified by the Collateral Manager and acquired or committed to be acquired by the Issuer as of the Closing Date.

  • Certain of the Initial Collateral Debt Obligations have been acquired by the Issuer prior to the Closing Date with financing provided by Merrill Lynch Capital Corp.

  • On the Closing Date, none of the Revolving Notes will be funded and it is expected that the Aggregate Principal Amount of the Initial Collateral Debt Obligations will be at least 47% of the Expected Aggregate Principal Amount.

  • Risks Particular to Underlying Office Properties F1.1 Economic Decline in Tenant Businesses or Changes in Demographic Conditions Could Adversely Affect the Value and Cash Flow from Underlying Office Properties As of the Reference Date, the Underlying Properties underlying certain of the Initial Collateral Debt Obligations are Underlying Office Properties.

  • On the Closing Date, pursuant to the Financing Agreement, the Issuer will repurchase participation interests in such Initial Collateral Debt Obligations from MLCC out of proceeds of the offering of the Securities (regardless of whether the market price of such Initial Collateral Debt Obligations on the Closing Date is higher or lower than the acquisition price so financed).

  • It is expected that all of the Pre-Closing Loan Collateral Debt Obligations and Pre-Closing Bond Collateral Debt Obligations accumulated on behalf of the Issuer will be included as part of the portfolio of Initial Collateral Debt Obligations held by the Issuer on the Closing Date, subject to the eligibility criteria set forth in the Indenture and the Collateral Management Agreement and described herein.

  • The freedom of employees to assist in the Union shall be recognized as extending to participation in management of the Union and acting for the Union in the capacity of a Union Officer or representative, or otherwise and including the right to present Union views and positions to the public, to officials of the Town and the Police Department, to the Town Meeting and to members of the General Court, or to any other appropriate authority or official.

  • The Notes (including the interests therein representing by the corresponding Component) and distributions on the Preference Shares will be payable solely from and to the extent of the available proceeds from the Collateral (including the Initial Collateral Debt Obligations pledged to secure the Notes, as well as the Additional Collateral Debt Obligations purchased during the Initial Investment Period and the Substitute Collateral Debt Obligations to be purchased from time to time as described herein).

  • On the Closing Date, pursuant to the Master Participation Agreement, the Issuer will repay in full such financing of the Initial Collateral Debt Obligations out of proceeds of the Offering of the Notes (regardless of whether the market price of such Initial Collateral Debt Obligations on the Closing Date is higher or lower than the acquisition price so financed).

  • The payment of interest and principal with respect to the Secured Notes and distributions with respect to the Subordinated Securities will be payable solely from the Collateral Debt Obligations (including the Initial Collateral Debt Obligations, Substitute Collateral Debt Obligations and Additional Collateral Debt Obligations purchased from time to time as described herein) and other collateral securing the Secured Notes.


More Definitions of Initial Collateral Debt Obligations

Initial Collateral Debt Obligations means Collateral Debt Obligations (other than Alternative Obligations) to be acquired by the Issuer from the Initial Sellers pursuant to the Portfolio Sale Agreement.
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Related to Initial Collateral Debt Obligations

  • Second Priority Debt Obligations means the Initial Second Priority Debt Obligations and, with respect to any series, issue or class of Second Priority Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Second Priority Debt, (b) all other amounts payable to the related Second Priority Debt Parties under the related Second Priority Debt Documents and (c) any renewals or extensions of the foregoing.

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • Debt Obligations means any debt obligations issued or guaranteed by the Government of Japan.

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • Additional First Lien Obligations means all amounts owing to any Additional First-Lien Secured Party (including the Initial Additional First-Lien Secured Parties) pursuant to the terms of any Additional First-Lien Document (including the Initial Additional First-Lien Documents), including, without limitation, all amounts in respect of any principal, premium, interest (including any interest accruing subsequent to the commencement of a Bankruptcy Case at the rate provided for in the respective Additional First-Lien Document, whether or not such interest is an allowed claim under any such proceeding or under applicable state, federal or foreign law), penalties, fees, expenses, indemnifications, reimbursements, damages and other liabilities, and guarantees of the foregoing amounts.

  • Additional Senior Debt Obligations means, with respect to any series, issue or class of Additional Senior Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional Senior Debt, (b) all other amounts payable to the related Additional Senior Debt Parties under the related Additional Senior Debt Documents and (c) any renewals or extensions of the foregoing.

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Additional Second Lien Obligations means, with respect to any Grantor, any obligations of such Grantor owed to any Additional Second Lien Secured Party (or any of its Affiliates) in respect of the Additional Second Lien Documents.

  • ABL Collateral Documents means all “Security Documents” as defined in the Original ABL Credit Agreement, and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered in connection with any ABL Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or modified from time to time.

  • 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.

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Debt Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.

  • Senior Priority Obligations as defined in the Base Intercreditor Agreement.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Initial Collateral Amount means $757,097,792, which equals the sum of (i) the Class A Note Initial Principal Balance, (ii) the Class B Note Initial Principal Balance, (iii) the Class C Note Initial Principal Balance and (iv) the Initial Excess Collateral Amount.

  • First Priority Lien Obligations means (i) all Secured Bank Indebtedness, (ii) all other Obligations (not constituting Indebtedness) of the Issuer and its Restricted Subsidiaries under the agreements governing Secured Bank Indebtedness and (iii) all other Obligations of the Issuer or any of its Restricted Subsidiaries in respect of Hedging Obligations or Obligations in respect of cash management services in each case owing to a Person that is a holder of Indebtedness described in clause (i) or Obligations described in clause (ii) or an Affiliate or Representative of such holder at the time of entry into such Hedging Obligations;

  • Junior Priority Obligations means the Initial Junior Priority Obligations and any Additional Obligations constituting Junior Priority Debt.

  • First Lien Indebtedness means Consolidated Total Indebtedness that is secured by a Lien on the Collateral, except by a Lien that is junior to the Liens on the Collateral securing the First Lien Obligations.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Second Priority Collateral Documents means the Initial Second Priority Collateral Documents and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any Grantor for purposes of providing collateral security for any Second Priority Debt Obligation.

  • Permitted Second Priority Refinancing Debt secured Indebtedness incurred by the Borrower in the form of one or more series of second lien secured notes or second lien secured loans; provided that (i) such Indebtedness is secured by the Collateral on a second lien, subordinated basis to the Obligations and is not secured by any property or assets of the Borrower or any of its Subsidiaries other than the Collateral, (ii) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness in respect of Term Loans, (iii) such Indebtedness does not mature or have scheduled amortization or payments of principal prior to the date that is 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (iv) the security agreements relating to such Indebtedness are substantially the same as the Security Documents (with such differences as are reasonably satisfactory to the Administrative Agent; provided that such differences are not more favorable to the investors in such secured Indebtedness), (v) such Indebtedness is not also incurred by or guaranteed by any Subsidiaries of the Borrower other than the Subsidiary Guarantors and is not incurred by or guaranteed by any other Person, (vi) an agent or representative acting on behalf of the holders of such Indebtedness (a “Second Lien Agent”) shall have become party to an intercreditor agreement in form and substance satisfactory to the Administrative Agent (the “Second Lien Intercreditor Agreement”); provided that, if such Indebtedness is the initial Permitted Second Priority Refinancing Debt incurred by the Borrower, then the Borrower, the Subsidiary Guarantors, the Administrative Agent and the Second Lien Agent for such Indebtedness shall have executed and delivered the Second Lien Intercreditor Agreement, (vii) the other terms and conditions of such secured Indebtedness are on the whole substantially identical to, or less favorable to the investors providing such secured Indebtedness, than those applicable to the Refinanced Debt (except for (x) pricing, fees, rate floors and prepayment or redemption premiums, which shall reflect market terms and conditions at the time of incurrence or issuance, (y) covenants or other provisions applicable only to periods after the date that is 91 days after the Latest Maturity Date that is in effect on the date such Indebtedness is issued, incurred or obtained and (z) differences that reflect the nature of such secured debt as fixed or floating rate securities), and (viii) a Responsible Officer shall have certified compliance with the foregoing requirements and that the incurrence of such Indebtedness complies with Section 6.2.

  • Senior Collateral Documents means the Security Agreement and the other “Collateral Documents” as defined in the Credit Agreement, the First Lien Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any other Grantor for purposes of providing collateral security for any Senior Obligation.

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.