Loss Mitigation Qualified Loan. A Loss Mitigation Loan that (A) meets the requirements of the definition of Collateral Obligation (other than clauses (ii), (iv), (xiv), (xv), (xix), (xxv) and (xxvi) thereof as determined by the Collateral Manager), (B) ranks in right of payment no more junior than the related Defaulted Obligation or Credit Risk Obligation, and (C) 49 is issued by the same (or an affiliated or related) Obligor as the Obligor on the related Defaulted Obligation or Credit Risk Obligation.
Loss Mitigation Qualified Loan. A Loss Mitigation Loan that (A) meets the requirements of the definition of Collateral Obligation (other than clauses (ii), (iv), (xiv), (xv), (xix), (xxv) and (xxvi) thereof as determined by the Collateral Manager), (B) ranks in right of payment no more junior than the related Defaulted Obligation or Credit Risk Obligation, and (C) is issued by the same (or an affiliated or related) Obligor as the Obligor on the related Defaulted Obligation or Credit Risk Obligation. "Maintenance Covenant": A covenant by any borrower to comply with one or more financial covenants during each reporting period, whether or not such borrower has taken any Specified Action (i.e., the requirement to comply with the covenant is not dependent upon the borrower taking a Specified Action) and includes a covenant that applies only when a certain amount of the related Loan is funded. "Majority": With respect to any Class or Classes of Debt, the Holders of more than 50% of the Aggregate Outstanding Amount of the Debt of such Class or Classes. "Mandatory Redemption": The meaning specified in Section 9.1 (Mandatory Redemption). "Margin Stock": "Margin Stock" as defined under Regulation U issued by the Federal Reserve Board, including any debt security which is by its terms convertible into "Margin Stock".
Loss Mitigation Qualified Loan means a Loss Mitigation Loan that (A) meets the requirements of the definition of "Collateral Obligation" (other than clauses (ii), (iv), (viii),
Examples of Loss Mitigation Qualified Loan in a sentence
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More Definitions of Loss Mitigation Qualified Loan
Loss Mitigation Qualified Loan means a Loss Mitigation Loan that (A) meets the requirements of the definition of Collateral Debt Obligation (other than clauses (a), (c), (e), (f), (m) and (aa) thereof) as determined by the Collateral Manager, (B) ranks in right of payment no more junior than the related Defaulted Obligation or Credit Risk Obligation, and (C) is issued by the same (or an affiliated or related) Obligor as the Obligor on the related Defaulted Obligation or Credit Risk Obligation. The Aggregate Principal Amount of all Loss Mitigation Qualified Loans acquired by the Issuer since the Second Refinancing Date may not exceed [7.5]% of the Target Par Amount.
Loss Mitigation Qualified Loan means a Loss Mitigation Loan that (i) meets the following requirements of the definition of Collateral Obligation when acquired by the Issuer: clauses (ii), (v), (vii) (solely with respect to not being a Zero Coupon Obligation and an Interest Only Obligation), (ix), (x), (xii), (xiii), (xiv), (xv), (xvi), (xvii), (xviii), (xxi), (xxii), (xxiii) and (xxiv) and (ii) is senior or pari passu in right of payment to the related Defaulted Obligation or Credit Risk Obligation.