Secondary Market Transactions shall have the meaning set forth in Section 9.1(a).
Secondary Market Transactions shall have the meaning given to such term in SECTION 12.1.
Secondary Market Transactions has the meaning specified in Section 11.2(g).
Examples of Secondary Market Transactions in a sentence
At Lender’s election, each note and/or component comprising the Loan may be subject to one or more Secondary Market Transactions.
At Lender’s election, each note comprising the Loan may be subject to one or more Secondary Market Transactions.
Lender shall have the right to engage in one or more Secondary Market Transactions with respect to the Loan, and to structure and restructure all or any part of the Loan, including without limitation in multiple tranches, as a wraparound loan, or for inclusion in a REMIC or other Securitization.
Any such information may be incorporated into offering documents for the Secondary Market Transactions.
The Bank further acknowledges and agrees that SCUSA is under no obligation to effect any Secondary Market Transactions and, if it does so, it may discontinue effecting such transactions at any time without providing any notice to the Bank.
More Definitions of Secondary Market Transactions
Secondary Market Transactions. Borrower Sponsor understands that Capital America will close the Loans described herein as principal. Nevertheless, after the closing of the Facility or a Permanent Loan, Capital America may engage in a secondary market transaction by either selling a Loan to an affiliate in order to enable such affiliate to complete a securitization by way of either a public or private securities offering which is rated by one or more rating agencies, syndicating the loan or engaging in some other transaction (each, a "Secondary Market Transaction").
Secondary Market Transactions and the transactions referred to in clause (iii) shall hereinafter be referred to as a “Securitization”. Any certificates, notes or other securities issued in connection with a Securitization are hereinafter referred to as “Securities”.
Secondary Market Transactions shall have the meaning set forth in Section 9.1.1. “Second Extension Maturity Date” shall mean July 5, 2028. “Second Extension Option” shall have the meaning set forth in Section 2.3.2(b). “Severed Loan Documents” shall have the meaning set forth in Section 10.2(e). “Short Interest” shall have the meaning set forth in Section 2.4.1. “Shortfall” shall have the meaning set forth in Section 2.6.4. “Single Member Delaware LLC” shall mean a single member limited liability company formed under Delaware law which (i) has at least one springing member, which, upon the dissolution of all of the single member or the withdrawal or the disassociation of the single member from such limited liability company, shall immediately become the sole member of such limited liability company, and (ii) complies with the terms and provisions of Section 3.1.24(cc). “SOFR” means, with respect to any day, the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, -38- (or a successor administrator) on the Federal Reserve Bank of New York’s Website, provided that in no event shall SOFR be less than zero. “SOFR Rate Loan” means the Loan at such time as interest thereon accrues at a per annum rate of interest equal to the “Applicable Interest Rate” if the Benchmark thereunder is Term SOFR. “SPC Party” shall mean, if Borrower is a limited partnership or a limited liability company (other than a Single Member Delaware LLC), each general partner or managing member of Borrower. “Special Member” shall have the meaning set forth in Section 3.1.24(cc)(i). “Special Purpose Bankruptcy Remote Entity” shall mean a corporation, limited liability company or limited partnership which, at all times, complies with the requirements set out in Section 3.1.24. “Sponsor” shall mean Guarantor. “Spread Maintenance Premium” shall mean, in connection with a prepayment of all or any portion of the Outstanding Principal Balance of the Loan, the Building Loan and the Supplemental Building Loan pursuant to the terms hereof, the Building Loan Agreement or the Supplemental Building Loan Agreement, respectively, an amount equal to the present value, discounted at Benchmark on the most recent Determination Date of all future installments of interest which would have been due hereunder through and including the Open Prepayment Date, on the portion of the Outstanding Principal Balance of the Loan, the Building Loan and the Supplemental Buil...
Secondary Market Transactions means the sale or transfer of the Loan or any portion thereof as a whole loan, (ii) the sale or participation of the Loan, or (iii) the securitization of the Loan or any portion thereof in a single asset securitization or a pooled loan securitization. The transactions referred to in clause (iii) shall hereinafter be referred to as a “Securitization.”
Secondary Market Transactions has the meaning assigned to such term in Section 7.24.
Secondary Market Transactions have the meaning ascribed to such terms in Section 16.12 hereof.
Secondary Market Transactions. IFCF may act as principal or agent in executing individual bond and other fixed income trades. When acting as principal, the price the client pays or receives will reflect the bid-ask spread at which an order is executed. IFCF stands to make or lose money depending on what happens to the price of the security while we hold it. MUTUAL FUNDS