Reinvestment Criteria Event definition

Reinvestment Criteria Event means, for any Loan Action Date, the existence of any of the following, as determined based on the Loan Principal Balance and other characteristics of each Loan in the applicable Loan Action Date Loan Pool as of the end of the Collection Period relating to such Loan Action Date:
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Reinvestment Criteria Event means, for any Loan Action Date, the existence of any of the following, as determined based on the Loan Principal Balance and other characteristics of each Loan in the applicable Loan Action Date Loan Pool as of such Loan Action Date (as measured as of the end of the Collection Period immediately preceding such Loan Action Date or, in the case of any Loan included in the Loan Action Date Loan Pool on or after the first day of the Collection Period that includes such Loan Action Date, as measured as of its related Additional Cut-Off Date):
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Examples of Reinvestment Criteria Event in a sentence

  • A Renewal Loan Replacement may occur on any Business Day during the Revolving Period and is not subject to the requirement that no Reinvestment Criteria Event will exist after giving effect to such Renewal Loan Replacement.

  • Neither the Servicer (on behalf of the Depositor or the Initial Beneficiary, as applicable) nor the Depositor shall cause any such reassignment (or reallocation, as applicable) to occur on any Loan Action Date unless: (x) (i) no Reinvestment Criteria Event is outstanding and (ii) the reassignment of such Loans constitutes a Permitted Reassignment, in each case, after giving effect to all Loan Actions that occur on such Loan Action Date and (y) the Reassignment Price shall have been paid as described above.

Related to Reinvestment Criteria Event

  • Investment Criteria The criteria specified in Section 12.2(a).

  • Reinvestment Period means 15 months following the date of receipt of Net Cash Proceeds of an Asset Sale Prepayment Event, Casualty Event or Permitted Sale Leaseback.

  • Reference Interest Rate Transition Event means the occurrence of one or more of the following events with respect to the then-current Reference Interest Rate:

  • Early Amortization Event means the occurrence of any of the following:

  • Rapid Amortization Event has the meaning given to it in Section 5.16.

  • Index Related Payment Date means, in relation to any Indexand an IndexDetermination Date, any payment date under the Preference Shares for which the amount payable is calculated by reference to the Indexas determined on such IndexDetermination Date;

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).