Repurchase and Substitution Limit definition

Repurchase and Substitution Limit. The meaning specified in Section 12.3(c).
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Repurchase and Substitution Limit has the meaning provided in Section 2.06(a).
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Repurchase and Substitution Limit has the meaning assigned to such term in Section 10.01(a)(vi).
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Examples of Repurchase and Substitution Limit in a sentence

  • The foregoing provisions in this paragraph are referred to as the "Repurchase and Substitution Limit".

  • Notwithstanding the foregoing, if such Collateral Loan is to be sold to an Affiliate of any Loan Party, such Loan Party shall sell such Collateral Loan at a price not less than the Market Value; provided that, in the case of a Principal Transaction, the Independent Review Party has approved such transaction; provided further that any sale by such Loan Party of a Collateral Loan to any Affiliate shall be subject to the Repurchase and Substitution Limit.

  • 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 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 12.4(b) (Optional Purchase of any Affiliate Collateral Obligation or Substitution).
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Repurchase and Substitution Limit has the meaning assigned to such term in Section 10.5(a).
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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%.
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