Margining Agreement definition
Margining Agreement means the Margining Agreement dated as of the Closing Date among the Borrower, the Administrative Agent and the Calculation Agent.
Margining Agreement means the Margining Agreement, dated as of the Effective Date, by and among the Company, the Servicer and the Administrative Agent.
Margining Agreement means the First Amended and Restated Margining Agreement dated as of the First Amendment Date among the Borrower, the Administrative Agent and the Calculation Agent. “Material Action” means to: (a) file or consent to the filing of any bankruptcy, insolvency or reorganization petition under any applicable federal, state or other law relating to a bankruptcy naming a Borrower Entity as debtor or other initiation of bankruptcy or insolvency proceedings by or against a Borrower Entity, or otherwise seek, with respect to a Borrower Entity, relief under any laws relating to the relief from debts or the protection of debtors generally; (b) seek or consent to the appointment of a receiver, liquidator, conservator, assignee, trustee, sequestrator, custodian or any similar official for a Borrower Entity or all or any portion of its properties; (c) make or consent to any assignment for the benefit of a Borrower Entity’s creditors generally; (d) admit in writing the inability of a Borrower Entity to pay its debts generally as they become due; (e) petition for or consent to substantive consolidation of a Borrower Entity with any other person; (f) amend or alter or otherwise modify or remove all or any part of Sections 4 or 5 of the Constitutive Documents of the Borrower or any similar provision of the Constitutive Documents of any other Borrower Entity; or (g) amend, alter or otherwise modify or remove all or any part of the definition of “Independent Manager” or the definition of “Material Action” (or any similar or analogous term or provision) in the Constitutive Documents of any Borrower Entity. “Material Adverse Effect” means a material adverse effect on and/or material adverse developments with respect to (a) the business, operations, properties, assets or financial condition of the Borrower and its Subsidiaries taken as a whole; (b) the ability of any Credit Party to fully and timely perform its Obligations; (c) the legality, validity, binding effect or enforceability against a Credit Party of a Transaction Document to which it is a party; or (d) the rights, remedies and benefits available to, or conferred upon, any Agent, any Lender or any other Secured Party under any Transaction Document. “Material Amendment Information” means, with respect to each Collateral Obligation: (a) all written information describing the terms of amendments, waivers, modifications or supplements to any Underlying Instrument governing such Collateral Obligation (including with respect ...
Examples of Margining Agreement in a sentence
The only withdrawals from the Margin Account shall be (1) if at any time any Event of Default has occurred and is continuing, for application under the Enforcement Priority of Payments at the direction of the Requisite Lenders and (2) if no Default or Event of Default or Collateral Deficit has occurred or would result therefrom, for transfer to the Principal Collection Account or remittance to the Equity Holder as provided in the Margining Agreement.
More Definitions of Margining Agreement
Margining Agreement means the Master Prime Brokerage Terms dated 1 July 2016 entered into between inter alios, CSAG DB and the Client:
Margining Agreement means the Amended and Restated Margining Agreement dated on or around the Effective Date, between the Borrower and the Calculation Agent, as amended from time to time in accordance with the terms thereof, in substantially the form of Exhibit G.
Margining Agreement the meaning assigned to such term in the Master Confirmation;
Margining Agreement means the First Amended and Restated Margining Agreement dated as of the First Amendment Date among the Borrower, the Administrative Agent and the Calculation Agent.
Margining Agreement means that certain Margining Agreement dated September 6, 2023 (as amended, restated, supplemented or otherwise modified from time to time) between, among others, the Buyer, as issuer and the Seller, as investment manager.
Margining Agreement the Margining Agreement, dated as of the Closing Date, by and among the Issuer, the Investment Manager, the Liquidation Agent, the Repo Seller, the Repo Buyer and the Calculation Agent.