Repurchase and Substitution Limit definition
Repurchase and Substitution Limit. The meaning specified in Section 12.3(c).
Repurchase and Substitution Limit has the meaning provided in Section 2.06(a).
Repurchase and Substitution Limit has the meaning assigned to such term in Section 10.01(a)(vi).
Examples of Repurchase and Substitution Limit in a sentence
In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, the Transferor by written notice to the Issuer, the Collateral Manager and the Collateral Trustee shall have the right, but not the obligation, to repurchase from the Retention Holder, cause the Retention Holder to repurchase from the Issuer and convey to the Transferor any such Collateral Obligation subject to the Repurchase and Substitution Limit.
More Definitions of Repurchase and Substitution Limit
Repurchase and Substitution Limit. The meaning specified in Section 12.3(c). “Required Interest Coverage Ratio”: (a) For the Class A Notes and the Class B Notes,125%, (b) for the Class C Notes, 120%, (c) for the Class D Notes, 115%, and (d) for the Class E Notes and the Class F Notes (except only in respect of the Class E Notes on and after the Refinancing Date), 110%.
Repurchase and Substitution Limit. The meaning specified in Section 12.4(b) (Optional Purchase of any Affiliate Collateral Obligation or Substitution).