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 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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Examples of Initial Collateral Debt Obligations in a sentence

  • 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.

  • The student should solicit permission from the Thesis Committee about when to schedule the Thesis Defense.

  • The insolvency or bankruptcy of, or financial difficulties affecting, a major tenant may adversely affect an Underlying Obligor’s ability to make its Underlying Loan payments, particularly if, notwithstanding such insolvency or bankruptcy, it is not possible to remove that tenant from occupation of the premises.As of the Reference Date, none of the Underlying Properties underlying the Initial Collateral Debt Obligations are anchored Underlying Retail Properties.

  • 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.

  • 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 Financing Agreement, the Issuer will repurchase participation interests in such Initial Collateral Debt Obligations from WBNA 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).

  • 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 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).

  • As of the Reference Date, the Underlying Properties underlying certain of the Initial Collateral Debt Obligations are single tenant Underlying Office Properties (for purposes of determining tenant concentrations, the Underlying Properties securing any Collateral Debt Obligation that is secured by multiple Underlying Properties wereaggregated and treated as a single Underlying Property).

  • The Notes 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).

  • During the Ramp-Up Period, the Issuer expects to purchase a portion of the remainder of the portfolio of Initial Collateral Debt Obligations, and after the Ramp-Up End Date, the Issuer may acquire Substitute Collateral Debt Obligations and Additional Collateral Debt Obligations, in each case from or through CGMI and its Affiliates and unaffiliated third parties at prevailing market prices negotiated by or on behalf of the Issuer at the time of such acquisition.


More Definitions of Initial Collateral Debt Obligations

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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Related to Initial Collateral Debt Obligations

  • Collateral Debt Obligation means any debt obligation or debt security purchased by or on behalf of the Issuer from time to time (or, if the context so requires, to be purchased by or on behalf of the Issuer) each of which satisfies the Eligibility Criteria, in the case of Synthetic Securities and Non-Euro Obligations, to the extent required to do so. References to Collateral Debt Obligations shall not include Collateral Enhancement Obligations, Eligible Investments or Exchanged Equity Securities. Obligations which are to constitute Collateral Debt Obligations in respect of which the Issuer has entered into a binding commitment to purchase but which have not yet settled shall be included as Collateral Debt Obligations in the calculation of the Portfolio Profile Tests at any time as if such purchase had been completed. For the avoidance of doubt, the failure of any obligation to satisfy the Eligibility Criteria at any time after the Issuer or the Investment Manager on behalf of the Issuer has entered into a binding agreement to purchase it, shall not cause such obligation to cease to constitute a Collateral Debt Obligation.

  • 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, with respect to any Series of Additional First Lien Obligations, (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 First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • 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.

  • 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 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 means the Original First Lien Obligations and any Additional Obligations constituting Senior Priority Debt.

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

  • Initial Collateral Amount means $1,000,000,000, 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 of such holder at the time of entry into such Hedging Obligations or Obligations in respect of cash management services.

  • Junior Priority Obligations means the Original Second Lien Obligations and any Additional Obligations constituting Junior Priority Debt.

  • First Lien Indebtedness means the Indebtedness under the First Lien Indebtedness Documents.

  • 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 assets, whether now owned or hereafter acquired by any Loan Party, in which a Lien is granted or purported to be granted to any Term Loan Secured Party as security for any Term Loan Obligation.

  • Second Priority Collateral Documents means the Noteholder Collateral Documents and any other agreement, document or instrument pursuant to which a Lien is now or hereafter granted securing any Second Priority Claims or under which rights or remedies with respect to such Liens are at any time governed.

  • 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 “Security Documents” as defined in the Credit Agreement, the Pari 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.