Examples of Substitute Collateral Obligations in a sentence
All capital contributions in cash from the Equity Owner, all proceeds of borrowings made hereunder and all Principal Proceeds received that have not been reinvested in Substitute Collateral Obligations upon the receipt of such Principal Proceeds shall be deposited into the Principal Collection Account.
The Trustee shall have no obligation to determine or verify (i) if a Substitution Event has occurred, (ii) whether a Substitution Period has expired or if the Substitute Collateral Obligations Qualification Conditions in connection with any substitution have been satisfied, or (iii) the satisfaction of the Repurchase and Substitution Limit in connection with any repurchase or substitution or the calculation of the Transfer Deposit Amount in connection therewith.
Upon the request of the Issuer or the Trustee, the Custodian shall provide such Person a list of all Collateral Debt Obligations, Additional Collateral Debt Obligations, Substitute Collateral Obligations, Equity Securities or Exchanged Equity Securities for which it holds Collateral Documents pursuant to this Indenture.
All capital contributions in cash from the Equity Owner, all proceeds of Loans made hereunder and all Principal Proceeds received in respect of all Collateral Obligations (other than Buffer Assets) that have not been reinvested in Substitute Collateral Obligations upon the receipt of such Principal Proceeds shall be deposited into the Borrowing Base Principal Collection Account.
All Principal Proceeds received in respect of all Buffer Assets that have not been reinvested in Substitute Collateral Obligations upon the receipt of such Principal Proceeds shall be deposited into the Buffer Asset Principal Collection Account.
The Collateral Manager will monitor the impact of the Substitute Collateral Obligations on the Coverage Tests and the general credit quality of the pool.