Examples of Special Obligors in a sentence
Each Information Package shall list out the Special Obligors with respect to the Excluded Receivables that are outstanding as of the end of the related Settlement Period.
The Transferor hereby agrees to pay to the Transferee, out of the Proceeds of the related Credit Default Swap Collateral, the amount of all Credit Losses relating to the Special Obligors.
In connection with the amendments provided for by this Amendment, the attached List of Special Obligors set forth on Exhibit F hereto shall supersede the Exhibit F that is part of the Agreement, and from and after the date of this Amendment all references to such Exhibit F shall refer to the Exhibit F attached to this Amendment.
Special Obligors are obligors designated by the Funding Agent which will each be permitted to exceed the Concentration Factor.
Xxxxxxx ------------------------------------- Title: Vice President 8 EXHIBIT A Schedule 1 Special Obligors and Concentration Limits ----------------------------------------- Rating ------ Obligor X-0 X-0 X-0 Unrated ------- ---- ---- ---- -------- General Motors Corporation 20% 16% 10% 4% Ford Motor Company 15% 8% 7% 4% Chrysler Motors Corporation 15% 8% 7% 4% Silgan Containers Corporation 10% 8% 7% 6% Xxxxxxxx Steel Products, Inc.