Mixed Collateral definition

Mixed Collateral means collateral posted by reinsurers for the benefit of the Ceding Company that secures the obligations of such reinsurers to the Ceding Company under both the Ceded Reinsurance and other reinsurance ceded to such reinsurers by the Ceding Company.
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Mixed Collateral means the portion of the Pledged Mortgage Assets included in the Collateral with respect to which advances under the Term Loan (if any) are calculated and determined and, with respect to any unfunded future advances under such Collateral that the Administrative Agent determines to make in its discretion under the Revolving Loan Commitments, with respect to which Revolving Loans (if any) are determined and calculated; provided, however, Mixed Collateral shall be limited to the Mortgage Assets identified on Schedule 1.1(d).
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Mixed Collateral means the portion of the Pledged Mortgage Assets included in the Collateral with respect to which advances under the Term Loan (if any) are calculated and determined and, with respect to any future advances under such Collateral that the Administrative Agent determines to make in its discretion under the Revolving Loan Commitments, with respect to which Revolving Loans (if any) are determined and calculated; provided, however, Mixed Collateral shall be limited to the Mortgage Assets identified on Schedule 1.1(d).
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Examples of Mixed Collateral in a sentence

  • Mixed Collateral Transactions For any transaction where both real property and personal property secure the same indebtedness and separate policies of title insurance are simultaneously issued by the Company as to real property and personal property, the premium payable for the policy insuring a security interest on personal property shall be reduced by 10%.

  • Mixed Collateral TransactionsIn transactions of any amount where both personal property and real property secure the same indebtedness, and Stewart policies are simultaneously issued on both the real property and personal property, the rate for the Article 9 Comprehensive Plus™ Policies shall be ninety percent (90%) of the applicable rate, but in no event less than$500 for each policy.

  • Except as set forth on Section 3.13 of the Ceding Company Disclosure Schedule, no Mixed Collateral is posted pursuant to a Material Ceded Reinsurance Contract.

  • Application Of Proceeds 56 7.1. Application of Proceeds in Distributions by the Directing Term Loan Collateral Agent 56 7.2. Application of Proceeds in Distributions by the ABL Facility Collateral Agent 57 7.3. Mixed Collateral Proceeds 59 Section 8.

  • The following example illustrates the need for the Proposed Guidance in the case of a distressed Mixed Collateral Loan held by a REIT.

  • APPLICATION OF PROCEEDS 103 7.1. Application of Proceeds in Distributions by the First Lien Security Agent 103 7.2. Application of Proceeds in Distributions by the Revolving Facility Agent 105 7.3. Application of Proceeds in Distributions by the Second Lien Security Agent 107 7.4. Mixed Collateral Proceeds 108 SECTION 8.

  • The PainCare Sub shall file or cause to be filed a UCC-1 financing statements to perfect its security interest in the Mixed Collateral aforementioned.

  • Payments 25 4.1 Revolving Nature of ABL Claims and Certain Term Loan Claims 25 4.2 Application of Proceeds of ABL Priority Collateral 26 4.3 Application of Proceeds of Term Loan Priority Collateral 26 4.4 Payments Over 27 4.5 Application of Proceeds of Mixed Collateral 27 Section 5.

  • The Ceding Company shall (i) use commercially reasonable efforts to collect Ceded Reinsurance Recoveries under the Travelers Reinsurance Agreement and related to the Mixed Collateral and (ii) not settle, write-off or otherwise discharge other than for full payment any receivable under the Travelers Reinsurance Agreement or related to the Mixed Collateral without the prior written consent of the Reinsurer, such consent not to be unreasonably withheld, conditioned or delayed.

  • Mixed Collateral Transactions In a transaction where both real property and personal property secure the same indebtedness and the Company simultaneously issues policies of title insurance covering both the real and personal property, the charge for the UCC Insurance Policy shall be ninety-percent (90%) of the UCC Insurance Rate shown above, minimum charge $500.00.UCC Insurance Rate shown above, minimum charge $500.00.


More Definitions of Mixed Collateral

Mixed Collateral means any Disposition or Event of Loss involving (a) Equity Securities issued by any Person that has an interest in any ABL Priority Collateral, and/or (b) both ABL Priority Collateral and Senior Note Priority Collateral.
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Mixed Collateral. “Mortgage”, “Mortgaged Property”, “Prepayment Trigger”, “Reinvestment Period”, “Required Prepayment Amount” set forth in Section 1.01 of the Credit Agreement are hereby deleted in their entirety.
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Mixed Collateral has the meaning set forth in the Reinsurance Agreement.
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Related to Mixed Collateral

  • Combined Collateral LLC: Combined Collateral LLC, a Delaware limited liability company.

  • Shared Collateral means, at any time, Collateral in which the holders of two or more Series of First-Lien Obligations hold a valid and perfected security interest at such time. If more than two Series of First-Lien Obligations are outstanding at any time and the holders of less than all Series of First-Lien Obligations hold a valid and perfected security interest in any Collateral at such time, then such Collateral shall constitute Shared Collateral for those Series of First-Lien Obligations that hold a valid security interest in such Collateral at such time and shall not constitute Shared Collateral for any Series which does not have a valid and perfected security interest in such Collateral at such time.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Permitted Collateral Liens means any “Permitted Liens” other than Liens specified in clauses (2), (3), (4), (5), (14) or (18) of the definition of “Permitted Liens.”

  • As-Extracted Collateral means “as-extracted collateral” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • UCC Collateral is defined in Section 3.03.

  • Excluded Collateral shall have the meaning assigned to such term in the Security Agreement.

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • Foreign Collateral means all Collateral of Foreign Loan Parties securing the Guaranteed Foreign Obligations.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Second Lien Collateral means all “Collateral”, as defined in any Second Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Second Lien Obligations.

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any security agreement, pledge agreement, assignment, mortgage, deed of trust or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Pledged or Controlled Collateral has the meaning assigned to such term in Section 5.05(a).

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Equivalent Collateral means, with respect to any security constituting Posted Collateral, a security of the same issuer and, as applicable, representing or having the same class, series, maturity, interest rate, principal amount or liquidation value and such other provisions as are necessary for that security and the security constituting Posted Collateral to be treated as equivalent in the market for such securities;

  • Canadian Collateral means any and all property of any Canadian Loan Party covered by the Collateral Documents and any and all other property of any Canadian Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Canadian Secured Obligations.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Contested Collateral Lien Conditions means, with respect to any Permitted Lien of the type described in clauses (a), (b), (e) and (f) of Section 6.02, the following conditions:

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

  • First Lien Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any First Lien Obligations.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Permitted Security Interest means any Security Interest: