Pricing Certificate Inaccuracy definition

Pricing Certificate Inaccuracy has the meaning specified in Section 2.18.
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Pricing Certificate Inaccuracy has the meaning assigned to such term in Section 2.23(d).
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Pricing Certificate Inaccuracy has the meaning set forth in Section 1.7(d) hereof.
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Examples of Pricing Certificate Inaccuracy in a sentence

  • For the avoidance of any doubt, the parties agree that any such adjustment to reflect a decrease in the Applicable Margin or Commitment Fee Rate for any period shall only be effective on a prospective basis and shall not require any adjustments to amounts previously paid by any Borrower prior to the discovery of a Pricing Certificate Inaccuracy.

  • It is understood and agreed that any Pricing Certificate Inaccuracy shall not constitute a Default or Event of Default or otherwise result in the failure of any condition precedent to any advance or the issuance of any Letter of Credit; provided, that, Borrower complies with the terms of this Section 1.08(d) with respect to such Pricing Certificate Inaccuracy.

  • It is understood and agreed that any Pricing Certificate Inaccuracy shall not constitute a Default or Event of Default or otherwise result in the failure of any condition precedent to any advance or the issuance of any Letter of Credit; provided, that, the Borrower complies with the terms of this Section 1.06(d) with respect to such Pricing Certificate Inaccuracy.

  • Nowadays, providing users with a guaranteed Quality of Service (QoS), meeting the service level agreements, is of paramount importance.

  • There is steady growth of student enrolment at the Qwaqwa Campus and the campus is self-sustaining.

  • It is understood and agreed that any Sustainability Pricing Certificate Inaccuracy with respect to any applicable period shall not constitute a Default or Event of Default unless the Borrower fails to make a payment required by the foregoing terms of this Section 2.25(d) with respect to such Sustainability Pricing Certificate Inaccuracy following demand for payment by the Administrative Agent made in accordance with the foregoing terms of this Section 2.25(d).

  • The Borrower shall deliver written notice of any Pricing Certificate Inaccuracy to the Administrative Agent within ten (10) Business Days after obtaining knowledge thereof, which written notice shall describe such Pricing Certificate Inaccuracy in reasonable detail (and which description shall be shared with each Bank).

  • In the event that the Administrative Agent receives a Pricing Certificate Inaccuracy Notice from any Lender, the Administrative Agent shall promptly distribute a copy thereof to the Borrower, who shall, within five (5) Business Days from the receipt thereof, adjust and deliver a new Pricing Certificate to the Administrative Agent or contest in good faith such Pricing Certificate Inaccuracy Notice by means of written notice to the Administrative Agent.

  • For the avoidance of any doubt, the parties agree that any such adjustment to reflect a decrease in the Applicable Margin or Applicable Facility Fee Percentage for any period shall only be effective on a prospective basis and shall not require any adjustments to amounts previously paid by the Company prior to the discovery of a Pricing Certificate Inaccuracy.

  • The impact of these standards was only in respect of disclosures.


More Definitions of Pricing Certificate Inaccuracy

Pricing Certificate Inaccuracy has the meaning specified in Section 1.19(d). “Pricing Date” means, for any fiscal quarter of the Parent ended after the date hereof, the latest date by which the Parent is required to deliver a Compliance Certificate for such fiscal quarter pursuant to Section 7.6(b) hereof. Except as provided in the immediately following two sentences, the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If the Parent has not delivered a Compliance Certificate by the date such Compliance Certificate is required to be delivered under Section 7.6(b) hereof, Level V shall be deemed to exist from such required delivery date until a Compliance Certificate is delivered before the next Pricing Date. If the Parent subsequently delivers such a Compliance Certificate before the next Pricing Date, the Applicable Margin established by such late delivered Compliance Certificate shall take effect from the date of delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by a Compliance Certificate shall be in effect from the Pricing Date that occurs immediately after the end of the Parent’s fiscal quarter covered by such Compliance Certificate until the next Pricing Date. “Priority Debt” means, as of any date, the sum (without duplication) of the outstanding Indebtedness of the Parent and its Restricted Subsidiaries secured by any Liens. “Property” means any interest in any kind of property or asset, whether real, personal or mixed, or tangible or intangible, whether now owned or hereafter acquired. “PTE” means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. “QFC” is defined in Section 12.30 hereof. “QFC Credit Support” is defined in Section 12.30 hereof. “Qualified Cash” means as of the last day of any calendar quarter the lesser of (A) an amount calculated in accordance with the definition of “Qualified Cash” as set forth in the Note Agreement (so long as the Note Agreement is in effect) and (B) the sum of: (i) the Unrestricted Cash owned by the Parent or any Restricted Subsidiary and (ii) the proceeds of indebtedness (including the Loans) incurred for the purpose of funding a Permitted Acquisition which are held in a segregated or restricted account solely (i) for the purpose of funding the purchase price of such Permitted Acquisition (together with any related fees or expenses) or (ii) for the benefit ...
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Pricing Certificate Inaccuracy has the meaning specified in the Pricing Schedule.
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Pricing Certificate Inaccuracy as defined in Section 1.10(c) (Sustainability Adjustments).
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Pricing Certificate Inaccuracy has the meaning specified in Section 2.17(d). “ ” means the Pricing Schedule set forth on Schedule 1.01(a). “ ” means any estate or interest in any kind of property or asset, whether real, personal or mixed, and whether tangible or intangible. “ ” means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time to time. “ ” has the meaning specified in Section 6.02. “ ” means a pension plan intended to be tax-qualified under Section 401(a) of the Code, which is subject to Title IV of ERISA and which any member of the Controlled Group sponsors, maintains, or to which it makes, is making or is obligated to make contributions, or in the case of a multiple employer plan (as described in Section 4064(a) of ERISA) has made contributions at any time during the immediately preceding period covering at least five (5) plan years, but excluding any Multiemployer Plan. “ ” means swap agreements (as such term is defined in Section 101 of the Bankruptcy Code) and any other agreements or arrangements designed to provide protection against fluctuations in interest rates. “
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Pricing Certificate Inaccuracy has the meaning specified in the Pricing Schedule. “Pricing Schedule” means Schedule I to this Agreement. “Prime Rate” means, at any time, the rate of interest per annum publicly announced from time to time by the Administrative Agent as its prime rate. Each change in the Prime Rate shall be effective as of the opening of business on the day such change in such prime rate occurs. The parties hereto acknowledge that the rate announced publicly by the Administrative Agent as its prime rate is an index or base rate and shall not necessarily be its lowest or best rate charged to its customers or other banks. “Proposed Increased Commitment” has the meaning specified in Section 2.07(a). “QFC” has the meaning specified in Section 8.22. “QFC Credit Support” has the meaning specified in Section 8.22. “Recipient” means (a) the Administrative Agent, (b) any Lender and (c) any LC Issuing Bank, as applicable. “Reference Time” has the meaning specified in Section 8.21(g). “Register” has the meaning specified in Section 8.07(c). “Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, administrators, managers, advisors and representatives of such Person and of such Person’s Affiliates. “Relevant Governmental Body” has the meaning specified in Section 8.21(g)means the FRB or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the FRB or the Federal Reserve Bank of New York, or any successor thereto. “Request for Issuance” means a request made pursuant to Section 2.04 in the form of Exhibit B. 21 AmericasActive:16624138.
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Related to Pricing Certificate Inaccuracy

  • Pricing Certificate means a Pricing Certificate substantially in the form of Exhibit C hereto, properly completed and signed by an Authorized Officer of the Borrower.

  • Servicing Certificate A certificate completed and executed by a Servicing Officer on behalf of the Master Servicer in accordance with Section 4.01 of the Servicing Agreement.

  • Closing Certificates means the officer’s certificates referenced in Section 7.3 and Section 8.3.

  • Corresponding Certificates As identified in the Preliminary Statement with respect to any Lower-Tier Regular Interest or Component.

  • Corresponding Certificate With respect to:

  • Closing Certificate means the closing certificate of the Company in the form of Exhibit B hereto.

  • Back-Up Certification As defined in Section 13.06.

  • Certifying Certificateholder As defined in Section 5.07(a) of this Agreement.

  • Income Certification means a Tenant Income Certification and a Tenant Income Certification Questionnaire in the form attached as Exhibit B hereto or in such other comparable form as may be provided by the Issuer to the Owner, or as otherwise approved by the Issuer.

  • Master Servicer Certification A written certification covering servicing of the Mortgage Loans by all Servicers and signed by an officer of the Master Servicer that complies with (i) the Xxxxxxxx-Xxxxx Act of 2002, as amended from time to time, and (ii) the February 21, 2003 Statement by the Staff of the Division of Corporation Finance of the Securities and Exchange Commission Regarding Compliance by Asset-Backed Issuers with Exchange Act Rules 13a-14 and 15d-14, as in effect from time to time; provided that if, after the Closing Date (a) the Xxxxxxxx-Xxxxx Act of 2002 is amended, (b) the Statement referred to in clause (ii) is modified or superceded by any subsequent statement, rule or regulation of the Securities and Exchange Commission or any statement of a division thereof, or (c) any future releases, rules and regulations are published by the Securities and Exchange Commission from time to time pursuant to the Xxxxxxxx-Xxxxx Act of 2002, which in any such case affects the form or substance of the required certification and results in the required certification being, in the reasonable judgment of the Master Servicer, materially more onerous than the form of the required certification as of the Closing Date, the Master Servicer Certification shall be as agreed to by the Master Servicer, the Depositor and the Seller following a negotiation in good faith to determine how to comply with any such new requirements.

  • Servicer Certification As defined in Section 3.22(b) hereof.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Form 10-K Certification As defined in Section 4.03(e).

  • Certificate Index With respect to each Distribution Date and the LIBOR Certificates, the rate for one month United States dollar deposits quoted on Telerate Page 3750 as of 11:00 A.M., London time, on the related Interest Determination Date relating to each Class of LIBOR Certificates. If such rate does not appear on such page (or such other page as may replace that page on that service, or if such service is no longer offered, such other service for displaying LIBOR or comparable rates as may be reasonably selected by the Trust Administrator after consultation with DLJMC), the rate will be the Reference Bank Rate. If no such quotations can be obtained and no Reference Bank Rate is available, the Certificate Index will be the Certificate Index applicable to the preceding Distribution Date. On the Interest Determination Date immediately preceding each Distribution Date, the Trust Administrator shall determine the Certificate Index for the Accrual Period commencing on such Distribution Date and inform the Master Servicer and each Servicer of such rate.

  • Tax Compliance Certificate as defined in Section 5.9.2(b)(iii).

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Remittance Report A report prepared by the Master Servicer and delivered to the Trustee and the NIM Insurer in accordance with Section 4.04.

  • Certificate No 6-A-1-[_] Cut-off Date: October 1, 2004 First Distribution Date: November 25, 2004 Last Scheduled Distribution Date: October 25, 2034 Pass-Through Rate: 5.50% Initial Certificate Principal Balance of this Certificate $[ ] ("Denomination"): Initial Certificate Principal Balances of all Certificates of this Class: $15,000,000 CUSIP: 576434 XA 7 ISIN: US576434XA71 MORTGAGE ASSET SECURITIZATION TRANSACTIONS, INC. MASTR ALTERNATIVE LOAN TRUST 2004-11 Mortgage Pass-Through Certificates, Series 2004-11 Class 6-A-1 evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust Fund consisting primarily of conventional mortgage loans (the "Mortgage Loans") secured by first liens on one- to four-family residential properties Mortgage Asset Securitization Transactions, Inc., as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance at any time may be less than the Certificate Principal Balance as set forth herein. This Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Servicer, the Trust Administrator, the Trustee or the Custodians referred to below or any of their respective affiliates. Neither this Certificate nor the Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality. This certifies that [_______] is the registered owner of the Percentage Interest evidenced by this Certificate in certain monthly distributions with respect to a Trust Fund consisting primarily of the Mortgage Loans deposited by Mortgage Asset Securitization Transactions, Inc. (the "Depositor"). The Trust Fund was created pursuant to a Pooling and Servicing Agreement dated as of the Cut-off Date specified above (the "Agreement") among the Depositor, UBS Real Estate Securities Inc., as transferor (the "Transferor"), Wells Fargo Bank, National Association, as master servicer (in such capxxxxx, the "Servicer"), trust administrator (in such capacity, the "Trust Administrator") and a custodian, U.S. Bank National Association, as a custodian and as trustee (the "Trustee"). Distributions on this Certificate will be made primarily from collections on the applicable Mortgage Loans pursuant to the terms of the Agreement. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose unless manually countersigned by an authorized signatory of the Trust Administrator.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

  • Certificate Group Each of the Group 1 Certificates and the Group 2 Certificates.

  • Advance Ruling Certificate means an advance ruling certificate issued by the Commissioner of Competition pursuant to section 102 of the Competition Act with respect to the transactions contemplated by this Agreement;

  • Principal Balance Certificate Any of the Class A-1, Class A-2, Class A-3, Class X-0, Xxxxx X-0, Class A-SB, Class A-S, Class B, Class C, Class D, Class E, Class F, Class G and Class PEX Certificates.

  • Section 404 Report means management’s report on “internal control over financial reporting” as defined by the SEC and the related attestation report of the independent certified public accountant as described in Section 3(A)(1).

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit F-1.

  • Responsible Officer Certification means, with respect to the financial statements for which such certification is required, the certification of a Responsible Officer of the Borrower that such financial statements fairly present, in all material respects, in accordance with GAAP, the consolidated financial condition of the Borrower as at the dates indicated and its consolidated income and cash flows for the periods indicated, subject to changes resulting from audit and normal year-end adjustments.

  • Borrowing Certificate means a Borrowing Certificate substantially in the form of Exhibit A.