Securitization Equity definition
Securitization Equity means, as of any date of determination, with respect to a Subsidiary of the Borrower formed for the purpose of entering into a State Approved Securitization, all of the equity of such Subsidiary, as determined in accordance with GAAP.
Securitization Equity means, as of any date of determination, with respect to a Subsidiary of the Borrower formed for the purpose of entering into a State Approved Environmental Improvements Securitization, all of the equity of such Subsidiary, as determined in accordance with GAAP.
Securitization Equity means any equity interest in a securitization trust (or other entity) sponsored by Cellco, including any increase in the value of such equity interest.
Examples of Securitization Equity in a sentence
Upon each withdrawal of or direction to withdraw or distribute Group Available Funds or Transfer Proceeds (including any Securitization Equity) pursuant to this Section 9.4(e), each of the Trust and the Servicer shall be deemed to represent and warrant to the Master Collateral Agent that each of the foregoing conditions have been satisfied with respect thereto.