Securitization Amount definition

Securitization Amount means, at any date of determination thereof and in respect of any Permitted Securitization Transaction, (a) in the case of a Permitted Securitization Transaction structured as a borrowing of loans secured by receivables or royalty payments, the outstanding principal amount of Indebtedness incurred in respect of such Permitted Securitization Transaction that is secured by such receivables or royalty payments and (b) in the case of a Permitted Securitization Transaction structured as a sale or other transfer of receivables or royalty payments (other than a sale or transfer of such receivables or royalty payments to a Subsidiary), the aggregate amount of cash consideration received by the Company or any of its Subsidiaries from such sale or transfer, but only to the extent representing the outstanding equivalent of principal, capital or comparable interests in respect of such receivables or royalty payments that remain uncollected at such time and would not be distributed to the Company or a Subsidiary if such Permitted Securitization Transactions were to be terminated at such time.
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Securitization Amount means the aggregate cash amount paid by the lenders or purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Securitization Assets or interests therein, as the same may be reduced from time to time by collections with respect to such Securitization Assets or otherwise in accordance with the terms of the Permitted Receivables Financing Documents (but excluding any such collections used to make payments of items included in clause (c) of the definition of Consolidated Interest Expense); provided, however, that if all or any part of such Securitization Amount shall have been reduced by application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Securitization Amount shall be increased by the amount of such distribution, all as though such distribution had not been made.
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Securitization Amount means, at any date of determination thereof and in respect of any Permitted Securitization Transaction, (a) in the case of a Permitted Securitization Transaction structured as a borrowing of loans secured by receivables or royalty payments, the outstanding principal amount of Indebtedness incurred in respect of such Permitted Securitization Transaction that is secured by such receivables or royalty payments and (b) in the case of a Permitted Securitization Transaction structured as a sale or other transfer of receivables or royalty payments (other than a sale or transfer of such receivables or royalty payments to a Subsidiary), the aggregate amount of cash consideration received by the Borrower or any of its Subsidiaries from such sale or transfer, but only to the extent representing the outstanding equivalent of principal, capital or comparable interests in respect of such receivables or royalty payments that remain uncollected at such time and would not be distributed to the Borrower or a Subsidiary if such Permitted Securitization Transactions were to be terminated at such time.
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Examples of Securitization Amount in a sentence

  • Periodic Principal and Interest Payment Securitization Amount of each Mortgage Loan.

  • Upfront Financing Costs on the Fixed Stipulation Securitization Amount are subject to update, adjustment and approval pursuant to the terms of this Financing Order and the Issuance Advice Letter Procedure authorized by this Financing Order.Recovery of Consumer Rate Relief Charges.

  • Fair Oaks Mall,” we were instructed by representatives of the Company to calculate the Periodic Principal and Interest Payment Securitization Amount to the sum of Scheduled Interest Amount and Scheduled Principal Amount.

  • Subsection 3.6 of the Credit Agreement is hereby amended by adding the words "and (iii) the Securitization Amount at such time" after the words "Zero Coupon Notes" in such subsection.

  • Should APCo and WPCo merge in the future, consumer rate relief charges will be payable by all of the customers of the merged entity, with limited exceptions as described below.In this Financing Order, the Commission finds that the Total Stipulation Securitization Amount as described herein, including Upfront Financing Costs, may appropriately be recovered through securitization under the Act.

  • For purposes of determining increased costs under Section 2.3 of the SPV Loan Agreement or a Securitization Amount under Section 2.4 of the SPV Loan Agreement, TFC shall allocate costs and payment obligations in respect of Parallel Claims proportionately among the Loan, on the one hand, and other loans or timeshare receivables funded directly or indirectly under the Program (the "Other Assets") on the other hand, using reasonable averaging and attribution methods.

  • Subsection 3.1 of the Credit Agreement is hereby amended by deleting the words "the aggregate Accreted Value of the then outstanding Zero Coupon Notes" appearing in clause (iii) of paragraph (a) of such subsection and substituting in lieu thereof the words "the sum of (A) the aggregate Accreted Value of the then outstanding Zero Coupon Notes and (B) the Securitization Amount at such time".

  • As described in the Securitization Joint Stipulation, only the $25,465,878 of the carrying charge balance as of December 31, 2011, is included in the Fixed Stipulation Securitization Amount.


More Definitions of Securitization Amount

Securitization Amount means, at any date of determination thereof and in respect of any securitization of accounts receivable of Holdings or any of its Subsidiaries, (a) in the case of a securitization of such accounts receivable structured as a borrowing of loans secured by such accounts receivable, the outstanding principal amount of Indebtedness issued in respect of such securitization that is secured by such accounts receivable and (b) in the case of a securitization of such accounts receivable structured as a sale of such accounts receivable (other than a sale of such accounts receivable to a Subsidiary), the aggregate amount of cash consideration received by Holdings or any of its Subsidiaries from such sale, but only in respect of accounts receivable that remain uncollected as of such date.
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Securitization Amount means, as of any date, the aggregate amount of proceeds received by MascoTech or any of its Consolidated Subsidiaries, as the transferor, with respect to any Receivables Sale at such date to the extent the related transferee is entitled at such time to the recovery of such amount out of the proceeds of the assets transferred pursuant thereto.
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Securitization Amount as defined in subsection 3.18.
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Securitization Amount means the amount to be paid by the Escrow Agent to the trustee under the Master Trust Agreement in full satisfaction of all amounts owed, and in cancellation of, the securities under the Securitization Trust,
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Securitization Amount. As defined in Section 2.4(c) of the SPV Loan Agreement.
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Related to Securitization Amount

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Securitization Value means, with respect to any 20[•]-[•] Lease, the value calculated by the Servicer equal to, (i) as of its Maturity Date, the Base Residual and (ii) as of any date other than its Maturity Date, the sum of the present value, discounted at the Securitization Rate, of (a) the aggregate Monthly Payments remaining to be made and (b) the Base Residual.

  • Receivables Transaction Amount means the amount of obligations outstanding under the legal documents entered into as part of such Qualified Receivables Transaction on any date of determination that would be characterized as principal if such Qualified Receivables Transaction were structured as a secured lending transaction rather than as a purchase.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Securitization Date means the effective date on which the Securitization of the first Note or portion thereof is consummated.

  • Securitization Rate means, with respect to a 2019-B Lease, an annualized rate that is equal to 7.00%.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Note A-4 Securitization means the first sale by the Note A-4 Holder of all or a portion of Note A-4 to a depositor who will in turn include such portion of Note A-4 as part of the securitization of one or more mortgage loans.

  • Securitization Repurchase Obligation means any obligation of a seller of Securitization Assets in a Qualified Securitization Financing to repurchase Securitization Assets arising as a result of a breach of a Standard Securitization Undertaking, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, offset or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller.

  • Note A-6 Securitization means the first sale by the Note A-6 Holder of all or a portion of Note A-6 to a depositor who will in turn include such portion of Note A-6 as part of the securitization of one or more mortgage loans.

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Note A-7 Securitization means the first sale by the Note A-7 Holder of all or a portion of Note A-7 to a depositor who will in turn include such portion of Note A-7 as part of the securitization of one or more mortgage loans.

  • Note A-2 Securitization means the first sale by the Note A-2 Holder of all or a portion of Note A-2 to a depositor who will in turn include such portion of Note A-2 as part of the securitization of one or more mortgage loans.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Note A-5 Securitization means the first sale by the Note A-5 Holder of all or a portion of Note A-5 to a depositor who will in turn include such portion of Note A-5 as part of the securitization of one or more mortgage loans.

  • Securitization Fees means distributions or payments made directly or by means of discounts with respect to any participation interest issued or sold in connection with, and other fees paid to a Person that is not a Securitization Subsidiary in connection with any Qualified Securitization Financing.

  • Securitization Asset means (a) any accounts receivable, mortgage receivables, loan receivables, royalty, franchise fee, license fee, patent or other revenue streams and other rights to payment or related assets and the proceeds thereof and (b) all collateral securing such receivable or asset, all contracts and contract rights, guarantees or other obligations in respect of such receivable or asset, lockbox accounts and records with respect to such account or asset and any other assets customarily transferred (or in respect of which security interests are customarily granted) together with accounts or assets in connection with a securitization, factoring or receivable sale transaction.

  • Non-Lead Securitization Date means the closing date of any Non-Lead Securitization.

  • Lead Securitization Notes means Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5 for so long as any such note is included in the Lead Securitization.

  • Note A-3 Securitization means the first sale by the Note A-3 Holder of all or a portion of Note A-3 to a depositor who will in turn include such portion of Note A-3 as part of the securitization of one or more mortgage loans.

  • Lead Securitization Note means the Note included in the Lead Securitization.

  • Note A-1-1 Securitization means the first sale by the Note A-1-1 Holder of all or a portion of Note A-1-1 to a depositor who will in turn include such portion of Note A-1-1 as part of the securitization of one or more mortgage loans.

  • Securitization Indebtedness means (i) Indebtedness of the Company or any of its Restricted Subsidiaries incurred pursuant to on-balance sheet Securitizations treated as financings and (ii) any Indebtedness consisting of advances made to the Company or any of its Restricted Subsidiaries based upon securities issued by a Securitization Entity pursuant to a Securitization and acquired or retained by the Company or any of its Restricted Subsidiaries.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.