Initial Collateral Interest definition

Initial Collateral Interest means the aggregate initial principal --------------------------- amount of the Collateral Interest on the Closing Date, which is [$ ]. ---------- "Initial Investor Interest" shall mean the sum of the Class A Initial ------------------------- Investor Interest, the Class B Initial Investor Interest and the Initial Collateral Interest.
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Initial Collateral Interest means the aggregate initial principal amount of the Collateral Interest, which is $37,500,000.
Sample 1
Initial Collateral Interest. Any of the Collateral Interests acquired or entered into by the Issuer on the Closing Date or with respect to which the Issuer has, as of the Closing Date, entered into a binding commitment to purchase.
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Examples of Initial Collateral Interest in a sentence

  • Initial Class A Investor Interest $470,000,000 Initial Collateral Interest $30,000,000 Current Investor Interest as of May 31, 1999 $500,000,000 Maximum Investor Interest $500,000,000 Certificate Rate.....................................

  • An Additional Termination Event (for which the Affected Party shall be Party B and all Transactions shall be Affected Transactions) shall occur if at any time the Initial Collateral Issuer has given notice of an Initial Collateral Interest Deferral in accordance with the Initial Collateral Terms.

  • As of the Closing Date, the Class A Initial Investor Interest is $432,500,000 the Class B Initial Investor Interest is $30,000,000 and the Initial Collateral Interest is $37,500,000.

  • As of the Closing Date, the Class A Initial Investor Interest is $432,500,000, the Class B Initial Investor Interest is $30,000,000 and the Initial Collateral Interest is $37,500,000.

  • On the Closing Date, to the extent such amount exceeds the Aggregate Class AR Undrawn Amount, the Issuer shall deposit into the Delayed Funding Obligations Account the amount necessary to fulfill the maximum funding obligations, in the aggregate, under all Delayed Draw Term Loans included in the Initial Collateral Interest.

  • Initial Class A Investor Interest $470,000,000 Initial Collateral Interest $30,000,000 Current Investor Interest as of July 31, 1999 $500,000,000 Maximum Investor Interest $500,000,000 Certificate Rate.....................................

  • As of the Closing Date, the Class A Initial Investor Interest is $637,500,000, the Class B Initial Investor Interest is $52,500,000 and the Initial Collateral Interest is $60,000,000.

  • Initial Class A Investor Interest $705,000,000 Initial Collateral Interest $45,000,000 Current Investor Interest as of July 31, 1997 $1,000,000,000 Maximum Investor Interest $1,000,000,000 Certificate Rate.....................................

  • Initial Class A Investor Interest $470,000,000 Initial Collateral Interest $30,000,000 Current Investor Interest as of August 31, 1999 $500,000,000 Maximum Investor Interest $500,000,000 Certificate Rate.....................................

  • As of the Closing Date, the Class A Initial Investor Interest is $637,500,000 the Class B Initial Investor Interest is $52,500,000 and the Initial Collateral Interest is $60,000,000.


More Definitions of Initial Collateral Interest

Initial Collateral Interest means the Collateral Interest outstanding on the Funding Date.
Sample 1

Related to Initial Collateral Interest

  • Collateral Interest means a fractional undivided interest in the Trust which shall consist of the right to receive, (i) to the extent necessary to make the required payments to the Collateral Interest Holder under this Supplement, the portion of Collections allocable thereto under the Agreement and this Supplement and funds on deposit in the Collection Account allocable thereto pursuant to the Agreement and this Supplement and (ii) amounts available for payment to the Collateral Interest Holder pursuant to subsections 4.07(k), 4.12(e), 4.12(f), 8.01(b), 8.02(a) and 8.02(b) or any other provision of this Supplement.

  • Collateral Interest Amount As of any date of determination, without duplication, the aggregate amount of Interest Proceeds that has been received or that is expected to be received (other than Interest Proceeds expected to be received from Defaulted Obligations, but including Interest Proceeds actually received from Defaulted Obligations), in each case during the Collection Period in which such date of determination occurs (or after such Collection Period but on or prior to the related Payment Date if such Interest Proceeds would be treated as Interest Proceeds with respect to such Collection Period).

  • 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.

  • 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.

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

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

  • Original Collateral Sale Date means 8 December 2020.

  • Collateral Interest Shortfall shall have the meaning specified in subsection 4.02(c).

  • Collateral Invested Amount means, when used with respect to any date, an amount equal to (a) the Collateral Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Collateral Interest Holder prior to such date, minus (c) the aggregate amount of Collateral Charge-Offs for all prior Distribution Dates pursuant to subsection 4.06(c), minus (d) the aggregate amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to Section 4.08 allocable to the Collateral Invested Amount, minus (e) an amount equal to the amount by which the Collateral Invested Amount has been reduced on all prior Distribution Dates pursuant to subsections 4.06(a) and (b), and plus (f) the amount allocated and available on all prior Distribution Dates pursuant to subsection 4.07(i), for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Collateral Invested Amount may not be reduced below zero.

  • Collateral Interest Holder means the entity so designated in the Loan Agreement.

  • Collateral Additional Interest shall have the meaning specified in subsection 4.02(c).

  • Collateral Senior Additional Interest shall have the meaning specified in subsection 4.02(d).

  • Collateral Initial Invested Amount means $100,001,000.

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

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

  • Aggregate Noteholders’ Priority Principal Distributable Amount With respect to any Distribution Date, the sum of (i) the First Priority Principal Distributable Amount, (ii) the Second Priority Principal Distributable Amount, (iii) the Third Priority Principal Distributable Amount and (iv) the Fourth Priority Principal Distributable Amount, each as of such Distribution Date. Aggregate Principal Balance of Non-Subvented Receivables: As of any date, the present value as of such date of all scheduled monthly payments on all of the Non-Subvented Receivables (other than Liquidating Receivables) held by the Issuing Entity on such date which have not been applied on or prior to such date (determined after taking into account any Warranty Payments and Administrative Purchase Payments in respect of such Receivables), with each Receivable being discounted from the last day of the calendar month in which payments are to become due to such date at the greater of the Discount Rate and the Annual Percentage Rate.

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • Noteholders' Monthly Principal Distributable Amount means, with respect to any Distribution Date, the Noteholders' Percentage of the Principal Distributable Amount.

  • First Priority Principal Distributable Amount With respect to any Distribution Date, an amount equal to the excess, if any, of (i) the aggregate outstanding principal balance of the Class A Notes as of the preceding Distribution Date (after giving effect to any principal payments made on the Class A Notes on such preceding Distribution Date) over (ii) the Aggregate Receivables Principal Balance as of the close of business on the last day of the immediately preceding Monthly Period.

  • Supplemental Collateral Agent has the meaning assigned to that term in subsection 9.1B.

  • Sale and Servicing Agreement Collateral shall have the meaning set forth in Section 2.4.

  • Asset Pool 1 Supplement means the Asset Pool 1 Supplement dated as of October 9, 2002, by and between the Issuer and the Indenture Trustee, as amended and supplemented from time to time.

  • Final Collection Date means the Business Day following the termination of purchases under this Agreement on which all amounts to which the Purchasers shall be entitled in respect of Purchased Receivables and all other amounts owing to the Administrative Agent and the Purchasers hereunder and under the other Purchase Documents are paid in full.

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).