Qualified Maturity Agreement definition

Qualified Maturity Agreement means an agreement whereby an Eligible Institution agrees to make a deposit into the Principal Accumulation Account on the Expected Principal Payment Date in an amount equal to the initial Note Principal Balance.
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Qualified Maturity Agreement means an agreement in which a Qualified Maturity Agreement Institution agrees to make a deposit into the Principal Accumulation Account on or before the Expected Principal Payment Date in an amount equal to the initial Note Principal Balance (reduced by any amount on deposit in the Principal Accumulation Account.
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Qualified Maturity Agreement means a written agreement between the Issuer and an Eligible Institution under which the Eligible Institution agrees to deposit into the Principal Funding Account before the Expected Principal Payment Date, an amount equal to Initial Note Principal Balance (reduced by any amount on deposit in the Principal Funding Account).
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Examples of Qualified Maturity Agreement in a sentence

  • The foregoing transfer, assignment, set-over and conveyance does not constitute and is not intended to result in a creation or an assumption by the Indenture Trustee or any Noteholder of any obligation of the Issuer or any other Person in connection with a Qualified Maturity Agreement or under any agreement or instrument relating thereto.

  • In the event that the provider of a Qualified Maturity Agreement ceases to qualify as an Eligible Institution, the Issuer shall use its best efforts to obtain a substitute Qualified Maturity Agreement.

  • The foregoing transfer, assignment, set-over and conveyance does not constitute and is not intended to result in a creation or an assumption by Indenture Trustee or any Noteholder of any obligation of Issuer or any other Person in connection with a Qualified Maturity Agreement or under any agreement or instrument relating thereto.

  • The Qualified Maturity Agreement may require that during the period when the Accumulation Period is suspended, upon the occurrence of certain events, Available Principal Collections will be deposited into the Principal Accumulation Account.

  • In the event that the provider of a Qualified Maturity Agreement ceases to qualify as a Qualified Institution, Servicer shall use its best efforts to obtain a substitute Qualified Maturity Agreement, unless a substitute Qualified Maturity Agreement is not required for any of the reasons listed in this subsection (c).

  • The Issuer shall notify the Rating Agencies if it intends to terminate a Qualified Maturity Agreement prior to the Expected Principal Payment Date.

  • In the event that the provider of a Qualified Maturity Agreement ceases to qualify as an Eligible Institution and ceases to be eligible to hold an Eligible Deposit Account, the Issuer shall use its best efforts to obtain a substitute Qualified Maturity Agreement.

  • The Transferor does hereby transfer, assign, set-over, and otherwise convey to the Trustee for the benefit of the Class A Certificateholders, the Class B Certificateholders and the CTO Securityholders, without recourse, all of its rights under any Qualified Maturity Agreement obtained in accordance with this Section 4.16 and all proceeds thereof.

  • Issuer does hereby transfer, assign, set-over, and otherwise convey to Indenture Trustee for the benefit of the Series [200_-_] Noteholders, without recourse, all of its rights under any Qualified Maturity Agreement obtained in accordance with this Section 4.15 and all proceeds thereof.

  • The Issuer does hereby transfer, assign, set-over, and otherwise convey to the Indenture Trustee for the benefit of the Class A Noteholders, without recourse, all of its rights under any Qualified Maturity Agreement obtained in accordance with this Section 4.15 and all proceeds thereof.


More Definitions of Qualified Maturity Agreement

Qualified Maturity Agreement means an agreement, meeting the ---------------------------- requirements described in the definition of "Qualified Maturity Agreement" set forth in the Policies, whereby an Eligible Institution agrees to make a deposit into the Principal Accumulation Account on the Expected Principal Distribution Date in an amount equal to the Note Principal Balance on such date; provided that for purposes of this definition, references in the definition of "Eligible Institution" to ratings of "A-1+" and "AAA" by Standard & Poor's shall be modified to require ratings of "A-1" and "A+" from Standard & Poor's.
Sample 1
Qualified Maturity Agreement means a written agreement between the Transferor and a Qualified Institution under which the Qualified Institution agrees to deposit into the Principal Funding Account on or before the Expected Final Distribution Date an amount equal to the Class A Note Principal Balance as of the Expected Final Distribution Date.
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Qualified Maturity Agreement means a written agreement between ---------------------------- the Transferor and a Qualified Institution under which the Qualified Institution agrees to deposit into the Principal Funding Account on or before the Expected Final Distribution Date an amount equal to the aggregate outstanding principal balance of the Class A Certificates, the Class B Certificates and the Collateralized Trust Obligations as of the Expected Final Distribution Date.
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Qualified Maturity Agreement means an agreement between the ---------------------------- Transferor and a Qualified Maturity Agreement Provider under which the Qualified Maturity Agreement Provider agrees to deposit into the Principal Account on or before the Expected Payment Date, an amount equal to the aggregate outstanding principal balance of the Class A Certificates, the Class B Certificates and the Class C Securities on such date; provided that the amount to be deposited may be reduced by any amount funded, at the election of the Transferor, from any source, including, without limitation, the proceeds of a new Series on or before the Expected Payment Date and by any amount on deposit in the Principal Account.
Sample 1
Qualified Maturity Agreement means (i) a written agreement between the Transferor and one or more Qualified Institutions under which the Qualified Institutions agree to deposit into the Principal Funding Account on or with respect to the Expected Final Distribution Date an amount equal to the sum of the Class A Invested Amount plus the Class B Invested Amount plus the CTO Invested Amount, in each case as of such Distribution Date, minus any amounts on deposit in the Principal Funding Account immediately before such deposit, including a written agreement under which the Qualified Institutions acquire an interest in the Trust, and (ii) any other arrangement entered into in connection with the suspension of the commencement of the Accumulation Period if the Rating Agency Condition shall have been satisfied with respect to such arrangement.
Sample 1
Qualified Maturity Agreement means (i) a written agreement between the Transferor and one or more Qualified Institutions under which the Qualified Institutions agree to deposit into the Principal Funding Account on or before the Expected Final Distribution Date an amount equal to the Class A Note Principal Balance as of the Expected Final Distribution Date minus any amounts on deposit in the Principal Funding Account immediately before such deposit (excluding Principal Funding Investment Proceeds), including, without limitation, a written agreement under which the Qualified Institutions acquire an interest in the Issuer, and (ii) any other arrangement entered into in connection with the suspension of the commencement of the Accumulation Period if the Rating Agency Condition shall have been satisfied with respect to such arrangement.
Sample 1

Related to Qualified Maturity Agreement

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Facility Maturity Date means the earliest of (a) the Business Day designated by the Borrower to the Lender pursuant to Section 2.16(b) to terminate this Agreement, (b) the Stated Maturity or (c) the date on which the Facility Maturity Date is declared (or is deemed to have occurred automatically) pursuant to Section 7.01.

  • Refinancing Agreement as defined in Subsection 8.3(c).

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Existing Maturity Date has the meaning specified in Section 2.14(a).

  • Term B Maturity Date means January 31, 2025.

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Extended Maturity Date has the meaning specified in Section 2.17(a).

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Springing Maturity Date has the meaning specified in the definition of “Maturity Date”.

  • Revolving Maturity Date means April 22, 2024 (or, with respect to any Revolving Lender that has extended its Revolving Commitment pursuant to a Permitted Amendment, the extended maturity date, set forth in any such Loan Modification Agreement).

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Legal Maturity Date means July 15, 2024.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Term Loan A Maturity Date means July 29, 2025.

  • Revolving Loan Maturity Date means the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • Term B Loan Maturity Date means December 7, 2023.

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.