Sublines definition

Sublines means the four (4) subdivisions of the Credit Line, consisting of: - the "SUBPRIME SINGLE-FAMILY WAREHOUSE SUBLINE" of up to one hundred percent (100%) of the Aggregate Committed Sum (the "SUBPRIME SINGLE-FAMILY SUBLIMIT") of principal that may borrowed (as "SUBPRIME SINGLE-FAMILY WAREHOUSE ADVANCES") by the Company and outstanding from time to time -- with a Wet Warehousing Sublimit to finance Subprime Single-family Mortgage Loans that are Bridged Loans and an Uncovered Warehousing Sublimit (the 27 42 "UNCOVERED WAREHOUSING SUBLINE") to finance Subprime Single-family Mortgage Loans that have become Uncovered Loans -- to acquire and accumulate Eligible Subprime Single-family Mortgage Loans to hold pending their transfers and assignments from time to time either (i) as Whole Loans sold for cash to investors or (ii) as pools of Mortgage Loans sold to issuers of Structured Securities to be based on and backed by those Mortgage Loans in exchange for proceeds of the sale of those Structured Securities to investors, with the sale proceeds in each case to be paid to the Agent for concurrent deposit in the Note Payment Account and to be applied toward repayment to the Lenders of such Advances, with any remaining balance (in the absence of a Default or Event of Default) to be transferred by the Agent to the Company's own account with the Agent. - the "P&I ADVANCES SUBLINE" of up to seven and one-half percent (7 1/2%) of the Aggregate Committed Sum (the "P&I ADVANCES SUBLIMIT") of principal that may be borrowed by the Company (as "P&I SUBLINE ADVANCES") and outstanding from time to time to finance P&I Receivables produced by the Company's P&I Advances. - the "SERVICING ADVANCES SUBLINE" of up to five percent (5%) of the Aggregate Committed Sum (the "SERVICING ADVANCES SUBLIMIT") of principal that may be borrowed by the Company (as "SERVICING SUBLINE ADVANCES") and outstanding from time to time to finance receivables produced by the Company's cash advances made from time to time pursuant to its obligation to do so as Servicer of first and junior lien Single-family Mortgage Loans to pay: - T&I Advances; - P&I Advances that the Company believes will not be collected on or before thirty-three (33) days after their respective funding dates; and - Enforcement Advances. - the "RECOVERIES SUBLINE" of up to two and one-half percent (2 1/2%) -- provided, that from and after the last day of the Company's fiscal quarter as of which date the Company's Tangible Net Worth first ex...
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Sublines is defined in Section 2.1.
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Sublines means the two (2) subdivisions of the Credit Line, consisting of: o the "Single-family Warehouse Subline" of up to one hundred percent (100%) of the Aggregate Committed Sum (the "Single-family Sublimit") of principal that may borrowed (as "Single-family Warehouse Advances") by the Companies and outstanding from time to time -- with a Wet Warehousing sublimit to finance Wet Loans -- to acquire and accumulate Eligible Single-family Collateral to hold pending their transfers and assignments from time to time either (i) as Whole Loans sold for cash to investors or (ii) as pools of Mortgage Loans sold to issuers of Structured Securities to be based on and backed by those Mortgage Loans in exchange for proceeds of the sale of those Structured Securities to investors, with the entire net sale proceeds in each case to be paid to the Agent for concurrent deposit in the Note Payment Account and to be applied toward repayment to the Lenders of such Advances with any remaining balance (in the absence of a Default or Event of Default) to be transferred by the Agent to the Companies' own accounts with the Agent; and o the "Working Capital Subline" of up to Five Million Dollars ($5,000,000) (the "Working Capital Sublimit") of principal that may be borrowed by the Companies (as "Working Capital Subline Advances") and outstanding from time to time to finance the Companies' working capital requirements.
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Examples of Sublines in a sentence

  • Sub-line CodeSTLOANSMTLOANSLTLOANSYou can define a tenor list and have tenor based limits for both the Main Line and Sub-lines.

  • Sub-lines should be used only to identify the relationship between a number of products, not the complete product itself.

  • Sub-lines of inquiry provided further data and detail within each of these four main areas.

  • For example: two days seminar does not always mean three accommodations and four daily allowances.Table 2 total – DETAILED BREAKDOWN OF BUDGET LINES – TOTAL will be automatically filled after Table 2 is filled in for each project partner and will provide a detailed summary of the project costs per Budget lines and Sub-lines for all partners.

  • Main line code To recall, credit lines can be classified into Main lines and Sub-lines.

  • After giving effect as required by the Current Credit Agreement to the requested Advance, (i) the outstanding principal balance of the Loan will not exceed the Aggregate Committed Sum, (ii) the sum of outstanding Advances under each Subline will not exceed that Subline's Borrowing Base and (iii) no Sublimit will be exceeded.

  • Subject to the terms and conditions of this Agreement, on the Closing Date each Lender with a Special Term Subline Commitment agrees (severally, not jointly or jointly and severally) to make Special Term Sublines (collectively, the "Special Term Subline") to Borrowers in an amount equal to such Lender's Pro Rata Share of the Special Term Subline Amount.

  • We will explain about relevant matters as follows:⑴ External guaranty of the Company (not including the guaranty provided to the controlling subcompanies):By June 30, 2007, there were no external guaranty events about the Company.

  • You can define Main lines and Sub-lines for a specific liability id.

  • It is only when you link these credit lines to the Credit Line Loans that it becomes a Main line.Sub-line CodeSTLOANSMTLOANSLTLOANSYou can define a tenor list and have tenor based limits for both the Main Line and Sub-lines.

Related to Sublines

  • Subloop shall have the meaning set forth in Section 9.3.1.

  • Respiratory protective equipment means an apparatus, such as a respirator, used to reduce an individual's intake of airborne radioactive materials.

  • Sites means the area(s) upon or in which the construction work is carried on, and such other areas adjacent thereto as may be designated by the Commissioner.

  • Low terrain means any area other than high terrain.

  • Manufacturing Facilities means facilities engaged in the mechanical or chemical transformation of materials or substances into new products and shall include:

  • Structural components means liners, leachate collection systems, final covers, run-on/run-off systems, and any other component used in the construction and operation of the MSWLF that is necessary for protection of human health and the environment.

  • Personal protective equipment means all equipment worn to minimize exposure to hazards, including gloves, masks, face shields, foot and eye protection, protective hearing devices, respirators, hard hats, and disposable gowns and aprons.

  • Chemical Storage Facility means a building, portion of a building, or exterior area adjacent to a building used for the storage of any chemical or chemically reactive products.

  • Routes means that part of the Network specified in Schedule 2; "safety authorisation" has the meaning ascribed to it by regulation 2 of the Railways and Other Guided Transport Systems (Safety) Regulations 2006; "safety certificate" has the meaning ascribed to it by regulation 2 of the Railways and Other Guided Transport Systems (Safety) Regulations 2006;

  • Fluoroscopic imaging assembly means a subsystem in which X-ray photons produce a visual image. It includes the image receptor(s) such as the image intensifier and spot-film device, electrical interlocks, if any, and structural material providing linkage between the image receptor and diagnostic source assembly.

  • Site means the place or places where the permanent Works are to be carried out including workshops where the same is being prepared.

  • Replacement cost for houses and other structures means the prevailing cost of replacing affected structures, in an area and of the quality similar to or better than that of the affected structures. Such costs will include: (a) transporting building materials to the construction site; (b) any labor and contractors’ fees; and (c) any registration costs.

  • Uppermost aquifer means the geologic formation nearest the natural ground surface that is an aquifer, as well as lower aquifers that are hydraulically interconnected with this aquifer within the facility's property boundary.

  • Expansion to an existing manufactured home park or subdivision means the preparation of additional sites by the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads).

  • overhead line means any electric supply-line, which is placed above ground and in the open air but excluding live rails of traction system;

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

  • Custom Local Area Signaling Service Features (CLASS) means certain call-management service features that are currently available from SBC-13STATE’s local networks. These could include: Automatic Call Back; Automatic Recall; Call Trace; Caller Identification and related blocking features; Calling Number Delivery; Customer Originated Trace; Distinctive Ringing/Call Waiting; Selective Call Forward; and Selective Call Rejection.

  • On-Site Generators means generation facilities (including Behind The Meter Generation) that (i) are not Capacity Resources, (ii) are not injecting into the grid, (iii) are either synchronized or non-synchronized to the Transmission System, and (iv) can be used to reduce demand for the purpose of participating in the PJM Interchange Energy Market.

  • Recycling facility means equipment used by a trade or business solely for recycling:

  • Electrical protection barrier means the part providing protection against any direct contact to the high voltage live parts.

  • Service Areas means those areas within the Building used for stairs, elevator shafts, flues, vents, stacks, pipe shafts and other vertical penetrations (but shall not include any such areas for the exclusive use of a particular tenant).

  • High terrain means any area having an elevation 900 feet or more above the base of the stack of a source.

  • Technology protection measure means a specific technology that blocks or filters Internet access to visual depictions that are:

  • Manufacturing Facility means buildings and structures, including machinery and equipment, the primary purpose of which is or will be the manufacture of tangible goods or materials or the processing of such goods or materials by physical or chemical change.

  • Explosives or munitions emergency response means all immediate response activities by an explosives and munitions emergency response specialist to control, mitigate, or eliminate the actual or potential threat encountered during an explosives or munitions emergency. An explosives or munitions emergency response may include in-place render-safe procedures, treatment or destruction of the explosives or munitions and/or transporting those items to another location to be rendered safe, treated, or destroyed. Any reasonable delay in the completion of an explosives or munitions emergency response caused by a necessary, unforeseen, or uncontrollable circumstance will not terminate the explosives or munitions emergency. Explosives and munitions emergency responses can occur on either public or private lands and are not limited to responses at RCRA facilities.

  • Materials recovery facility means a solid waste management facility that provides for the extraction from solid waste of recyclable materials, materials suitable for use as a fuel or soil amendment, or any combination of such materials.