Originated Collateral definition
Examples of Originated Collateral in a sentence
As of the date hereof, more than 50% of the Collateral Loans held by the Borrower are Retention Holder Originated Collateral Loans.
It is an “originator” for the purposes of the Securitisation Regulation in respect of the Retention Holder Originated Collateral Loans.
As of the Closing Date, more than 50% of the Collateral Loans (by nominal amount) held by the Borrower were Retention Holder Originated Collateral Loans.
The Transferor shall identify to the Issuer each of the Collateral Obligations sold or transferred by it to the Retention Holder and by the Retention Holder to the Issuer hereunder that are Affiliate Originated Collateral Obligations.
Seller shall deliver to Buyer: (i) with respect to New Collateral that is Pre-Existing Collateral, each of the Purchased Loan Documents, except Purchased Loan Documents that Seller expressly and specifically disclosed in Seller’s Preliminary Due Diligence Package were not in Seller’s possession; and (ii) with respect to New Collateral that is Originated Collateral, each of the Purchased Loan Documents.
For any Affiliate Originated Collateral Obligation or, so long as the EU Acquisition Test is met, any other Collateral Obligations, the Settlement Date must be not earlier than the Cut-Off Date.
Seller shall deliver to Buyer: (i) with respect to New Collateral that is Pre-Existing Collateral, each of the Purchased Loan Documents, except Purchased Loan Documents that Seller expressly and specifically disclosed in Seller's Preliminary Due Diligence Package were not in Seller's possession; and (ii) with respect to New Collateral that is Originated Collateral, each of the Purchased Loan Documents.
Notwithstanding the provisions of this Agreement, the Issuer, so long as the conditions set forth in the Indenture are met, may also acquire Collateral Obligations that are not Originated Collateral Obligations directly from the seller thereof in a secondary market purchase.
Notwithstanding the provisions of this Agreement, the Issuer, so long as the EU Acquisition Test and the other conditions set forth in the Indenture are met, may also acquire Collateral Obligations that are not Affiliate Originated Collateral Obligations or Retention Holder Seasoned Collateral Obligations directly from the seller thereof in a secondary market purchase.
For any Non-Market Risk Collateral Obligation (other than an Affiliate Originated Collateral Obligation), the Settlement Date must be not earlier than fifteen (15) Business Days after the Cut-Off Date.