Specified Type definition

Specified Type. Each of a Loan, CMBS Security and Preferred Equity Security.
Sample 1Sample 2
Specified Type has the meaning specified in Section 5.3.1.
Sample 1Sample 2Sample 3
Specified Type means (a) with respect to the U.S. Tranche, Base Rate Loans; (b) with respect to the Canadian Tranche and the Yen Tranche, ABR Rate Loans; and (c) with respect to the Euro Tranche, a Eurocurrency Rate Loan with an Interest Period of one (1) month.
Sample 1Sample 2

Examples of Specified Type in a sentence

  • If the Issuer or the Collateral Manager determines that a Collateral Debt Security would fall within the definition of more than one Specified Type, then the Issuer or the Collateral Manager shall classify that obligation in a manner it deems appropriate and reasonable.

  • With respect to the Specified Type of Cash, to the extent not prohibited by Law or Governmental Order, the Seller shall, and shall cause the Holding Companies to, use reasonable efforts to minimize the amount of Specified Type of Cash of the Holding Companies and the Company Subsidiaries as of immediately prior to the Closing, including to zero to the extent reasonably practicable at the time.


More Definitions of Specified Type

Specified Type means a single stock share volatility swap transaction or a single exchange index volatility swap transaction involving any of the securities traded on an Exchange located in the Hong Kong Special Administrative Region, Republic of India, Republic of Indonesia, Republic of Korea, Federation of Malaysia, Islamic Republic of Pakistan, Republic of the Philippines, Republic of Singapore, Republic of China (Taiwan), Kingdom of Thailand, or the Socialist Republic of Vietnam.
Sample 1
Specified Type means, with respect to any Collateral Debt Security, whether such Collateral Debt Security is an Aerospace and Defense Security; an Automobile Security; a Bank Guaranteed Security; a Bank-Owned Life Insurance Security; a Car Rental Receivable Security; a Cell Tower Security; a CMBS Conduit Security; a CMBS Credit Tenant Lease Security; a CMBS Large Loan Security; a CMBS Single Asset Security; a Commercial ABS Security; a Consumer ABS Security; a Credit Card Security; an Emerging Asset Class Security; an Enhanced Equipment Debt Trust Certificate; an Equipment Leasing Security; a Franchise Royalty Security, a Healthcare Security; a High-Diversity CBO Security; a High Yield CBO Security; a High Yield CLO Security; a Home Equity Loan Security; an Insurance Company Guaranteed Security; a Low-Diversity CBO Security; a Manufactured Housing Security; a Monoline Guaranteed Security; a Mutual Fund Fee Security; an Oil and Gas Security; a Prime Mortgage Security; a Prime Residential Mortgage Security; a Project Finance Security; a Real Estate CBO Security, a Recreational Vehicle Security; a Reinsurance Security; a Restaurant and Food Service Security; a Small Business Loan Security; a Structured Settlement Security; a Student Loan Security; a Subprime Automobile Security; a Subprime Residential Mortgage Security; a Synthetic CBO Security; a Tax Lien Security; a Time Share Security; and a Tobacco Settlement Security; and other type of Collateral Debt Security designated as a “Specified Type” by the Collateral Manager (and designated as an “ABS Type Diversified Security”, an “ABS Type Residential Security” or an “ABS Type Undiversified Security”), together with any specification by Moody’s of a method for determining the Xxxxx’x Rating thereof in a notice from the Collateral Manager to the Investor Agent. If any type of Collateral Debt Security shall be designated as an additional Specified Type pursuant to the immediately preceding clause, the definition of each Specified Type of Collateral Debt Security in existence prior to such designation shall be construed to exclude such newly designated Specified Type of Collateral Debt Security.
Sample 1
Specified Type means that, on the Closing Date, the Asset-Backed Securities are divided into the following "Specified Types": Aerospace and Defense Securities, Automobile Securities, Car Rental Receivable Securities, CMBS Conduit Securities, CMBS Credit Tenant Lease Securities, CMBS Large Loan Securities, Collateralized Debt Obligation Securities, Credit Card Securities, Equipment Leasing Securities, Floorplan Receivable Securities, Future Flow Securities, Healthcare, Education and Childcare Securities, Home Equity Loan Securities, Home Improvement Loan Securities, Lottery Receivable Securities, Manufactured Housing Securities, Money Management Securities, Monoline Guaranteed Securities, Multiline Guaranteed Securities, Oil and Gas Securities, Project Finance Securities, REIT Debt Securities, Residential A Mortgage Securities, Residential B/C Mortgage Securities, Restaurant and Food Services Securities, Small Business Loan Securities, Structured Settlement Securities, Student Loan Securities, Subprime Automobile Securities, Tax Lien Securities and Timeshare Securities. After the Closing Date, any other type of Asset-Backed Security may be designated as a "Specified Type" (and designated as an "ABS Type Diversified Security," an "ABS Residential Security" or an "ABS Type Undiversified Security," together with any specification by Moody's and Standard & Poor's of a method for determining the "Rating" thereof pursuant to clause (a)(iii) or (iv) (with respect to Moody's) or clause (b)(iv), (with respect to Standard & Poor's) respectively, of the definition thereof and the assignment of a rating for purposes of clause (i), clause (j) or clause (k) of the definition of "Principal Balance") in a notice from the Collateral Manager to the Trustee so long as Moody's and Standard & Poor's have confirmed in writing to the Issuer, the Trustee and the Collateral Manager that such designation satisfies the Rating Condition and the Insurer (so long as any Class A-1S Notes are Outstanding or any Class A-1SW Accrued Insurance Liabilities or Class A-1SW Insurance Reimbursement Liabilities remain unpaid and in each case so long as no Insurer Default has occurred and is continuing) has approved such designation, which approval shall not be unreasonably withheld or delayed. If any type of Asset-Backed Security shall be so designated as an additional Specified Type, the definition of each Specified Type of Asset-Backed Security in existence prior to such designation will exclude such newly-des...
Sample 1
Specified Type. Each of a Loan, CMBS Security, Preferred Equity Security and any Permitted REO Equity Interest.
Sample 1
Specified Type means any CMBS Conduit Securities, CMBS Large Loan Securities, CMBS Credit Tenant Lease Securities, CMBS Single Property Securities, Residential A Mortgage Securities, Residential B/C Mortgage Securities and Home Equity Loan Securities. No other type of Asset-Backed Security may be designated as a “Specified Type.”
Sample 1
Specified Type. A CMBS Security, REIT Debt Security, Mezzanine Loan, Loan or Preferred Equity Security.
Sample 1

Related to Specified Type

  • Specified Treaty means with respect to Party B

  • Specified Transaction will have the meaning specified in Section 14 of this Agreement.

  • Specified Transactions means (a) any Specified Disposition, (b) any Permitted Acquisition and (c) the Transactions.

  • Qualified Transaction means (a) any sale or other transfer of, or any release of Liens relating to, any Accounts or any books or records relating thereto, so long as (i) the Borrower delivers to the Agent (A) at least five Business Days prior to the proposed closing date of such transaction, a draft Borrowing Base Certificate prepared on a pro forma basis after giving effect to such transaction and (B) on the closing date of such transaction, a final Borrowing Base Certificate prepared on a pro forma basis after giving effect to such transaction and (ii) if the aggregate Credit Exposures of all Lenders exceeds the Borrowing Base in effect on the closing date of such transaction after giving effect thereto, the Borrower prepays Loans and pays cash to the Agent as required by Section 2.10(c) or (b) any other sale or other transfer of, or any other release of Liens relating to, any Accounts or any books or records relating thereto, so long as (i) the aggregate consideration received with respect to the transaction pursuant to which such Accounts are sold or otherwise transferred does not exceed $10,000,000 and (ii) the aggregate book value of Eligible Accounts sold or otherwise transferred pursuant to such transaction does not exceed $1,000,000; provided that no Accounts sold or transferred pursuant to the foregoing clause (a) or (b) shall be used in any securitization, factoring or similar financing program of the Borrower or any of its Subsidiaries.

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

  • Default under Specified Transaction provisions of Section 5(a)(v) will not apply to Party A and will not apply to Party B.

  • Specified Time means a time determined in accordance with Schedule 9 (Timetables).

  • Approved Pricing Service means a pricing or quotation service either: (a) as set forth in Schedule 1.01(a) or (b) any other pricing or quotation service approved by the Board of Directors of the Borrower and designated in writing by the Borrower to the Administrative Agent (which designation shall be accompanied by a copy of a resolution of the Board of Directors of the Borrower that such pricing or quotation service has been approved by the Borrower).

  • Applicable Business Day Convention means the “Business Day Convention” which may be specified in the Final Terms as applicable to any date in respect of the Instruments. Where the Final Terms specifies “No Adjustment” in relation to any date, such date shall not be adjusted in accordance with any Business Day Convention. Where the Final Terms fails either to specify an applicable Business Day Convention or “No Adjustment” for the purposes of an Interest Payment Date or an Interest Period End Date, then in the case of Instruments which bear interest at a fixed rate, “No Adjustment” shall be deemed to have been so specified and in the case of Instruments which bear interest at a floating rate, the Modified Following Business Day Convention shall be deemed to have been so specified. Different Business Day Conventions may apply, or be specified in relation to, the Interest Payment Dates, Interest Period End Dates and any other date or dates in respect of any Instruments.

  • Rate Type means the Offshore Rate, the Base Rate or the CP Rate.

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Level IV Pricing applies on any day on which (i) the Borrower’s long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies.

  • Transaction Type means the nature of a fuel-based transaction as defined below:

  • Level I Pricing applies on any day on which the Borrower’s long-term debt is rated A+ or higher by S&P or A1 or higher by Moody’s.

  • engine type means a category of engines which do not differ in essential engine characteristics.

  • Applicable Pricing Level means, for each Pricing Period the pricing level set forth below opposite the Debt Rating achieved by Borrower as of the first day of that Pricing Period: Pricing Level Debt Rating I Greater than or equal to A1 / A+ II Less than A1 / A+ but greater than or equal to A2 / A III Less than A2 / A but greater than or equal to A3 / A- V Less than Baa2/BBB provided that in the event that the then prevailing Debt Ratings are “split ratings”, Borrower will receive the benefit of the higher Debt Rating, unless the split is a “double split rating” (in which case the pricing level applicable to the middle Debt Rating will apply) or a “triple split rating” (in which case the pricing level applicable to the Debt Rating above the Debt Rating applicable to the lowest pricing level will apply). For purposes hereof, a Debt Rating is only a “split rating” if the Debt Rating applies to a different pricing level.

  • Alternative Benchmark Rate means an alternative benchmark or screen rate which is customarily applied in international debt capital markets transactions for the purposes of determining floating rates of interest (or the relevant component part thereof) in the Specified Currency, provided that all determinations will be made by the Independent Adviser in its reasonable discretion.

  • Reference Month means the calendar month for which the level of the Inflation Index is reported as specified in the applicable Final Terms, regardless of when this information is published or announced, except that if the period for which the Relevant Level was reported is a period other than a month, the Reference Month shall be the period for which the Relevant Level is reported.

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Test Period on any date of determination, the period of four consecutive fiscal quarters of the Borrower (in each case taken as one accounting period) most recently ended on or prior to such date for which financial statements have been or are required to be delivered pursuant to Section 6.1.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • Reference Level means the level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) in respect of the month that is 12 calendar months prior to the month referred to in “Latest Level” above.

  • Applicable Pricing Grid the pricing grid set forth below: Consolidated Leverage Ratio Applicable Margin for Eurodollar Loans Applicable Margin for ABR Loans Greater than or equal to 3.0 to 1.0 2.00% 1.00% Less than 3.0 to 1.0 1.75% 0.75% For the purposes of the Applicable Pricing Grid, the Consolidated Leverage Ratio shall be calculated as of the last day of each fiscal quarter and changes in the Applicable Margin resulting from changes in the Consolidated Leverage Ratio shall become effective on the date (the “Adjustment Date”) that is three Business Days after the date on which financial statements are delivered to the Lenders pursuant to Section 6.1 with respect to such fiscal quarter (or the fiscal year ending with such fiscal quarter, as applicable) and shall remain in effect until the next change to be effected pursuant to this paragraph. If any financial statements referred to above are not delivered within the time periods specified in Section 6.1, then, until the date that is three Business Days after the date on which such financial statements are delivered, the highest rate set forth in each column of the Applicable Pricing Grid shall apply. In addition, at all times while an Event of Default shall have occurred and be continuing, the highest rate set forth in each column of the Applicable Pricing Grid shall apply.

  • LIBOR Period means, with respect to any LIBOR Loan, each period commencing on a LIBOR Business Day selected by Borrower pursuant to the Agreement and ending one, two or three months thereafter, as selected by Borrower's irrevocable notice to Agent as set forth in Section 1.5(e); provided, that the foregoing provision relating to LIBOR Periods is subject to the following: