Examples of Issuer Assets in a sentence
The aggregate of the Adjusted Nominal Value of all RMBS Issuer Assets divided by the aggregate Property Value of all RMBS Issuer Assets.
Required IA I (including VM) Asset Coverage Test*"Aggregate Adjusted Value of the ACT Issuer Assets" means the JPY Equivalent of A+B;A : The aggregate of the Adjusted Nominal Value of all RMBS Issuer Assets, multiplied by the Adjusted LTV Limit FactorB : The face value of all Issuer Cash excluding for these purposes the balance of cash held, from time to time, in the Interest and Expenses Reserve Fund Account and, in respect of each Series of Bonds, the FX Reserve Account.
Except as otherwise provided in the Indenture, if any default occurs in the making of any payment or performance under any agreement or instrument that is part of the Issuer Assets, the Indenture Trustee may (without obligation) take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate proceedings.
The Indenture Trustee shall not be accountable for the use or application by the Issuer of any of the Investor Notes or of the proceeds of such Investor Notes, or for the use or application of any funds paid to the Issuer in respect of the Issuer Assets.
If the Investor Notes of each Series Outstanding have been declared to be due and payable under Section 9.2 following an Event of Default and such declaration and its consequences have not been rescinded and annulled, the Indenture Trustee may, but need not, elect to maintain possession of the Issuer Assets.