Underlying Asset Maturity definition

Underlying Asset Maturity means, with respect to any Underlying Asset, (x) the date on which such Underlying Asset shall be deemed to mature (or its maturity date), which shall be the stated maturity of such Underlying Asset or (y) if Issuer has a right to require the issuer or obligor of such Underlying Asset to purchase, redeem or retire such Underlying Asset (at or above par) on any one or more dates prior to its stated maturity (a "put right") and the Asset Manager certifies to the Trustee that it has exercised such put right with respect to any such date, the maturity date shall be the date specified in such certification.
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Underlying Asset Maturity means, with respect to any Underlying Asset, the date on which such obligation shall be deemed to mature (or its maturity date) shall be the Stated Maturity of such obligation.
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Underlying Asset Maturity means, with respect to any Underlying Asset, the date on which such Underlying Asset shall be deemed to mature (or its maturity date), which shall be the Stated Maturity of such Underlying Asset.
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Examples of Underlying Asset Maturity in a sentence

  • A Collateral Obligation that has an Underlying Asset Maturity later than the Stated Maturity of the Notes; provided that, if any Collateral Obligation has scheduled distributions that occur both before and after such Stated Maturity, only the scheduled distributions on such Collateral Obligation occurring after such Stated Maturity will constitute a Long Dated Obligation.

  • As of any date of determination, a covenant by the underlying obligor of a loan to comply with one or more financial covenants during each reporting period applicable to such loan, whether or not any action by, or event relating to, the underlying obligor occurs after such date of determination.Long-Dated Obligation”: Any Collateral Obligation with an Underlying Asset Maturity after the Stated Maturity of the Secured Notes.

  • Any obligation or security that does not provide in the related Underlying Instruments for the payment or repayment of a stated principal amount in one or more installments on or prior to its Underlying Asset Maturity.

  • A Collateral Obligation, the Underlying Asset Maturity of which is extended to occur after the Stated Maturity of the Notes pursuant to an amendment or modification of its terms following its acquisition by the Issuer.

  • An obligation that has an Underlying Asset Maturity later than the earliest Stated Maturity of the Notes.

  • With respect to any Collateral Obligation, any waiver, modification, amendment or variance that would extend the Underlying Asset Maturity of such Collateral Obligation.

  • Any Collateral Obligation with an Underlying Asset Maturity after the Stated Maturity of the Notes as a result of a Restructuring Amendment.

  • Any Collateral Obligation with an Underlying Asset Maturity after the earliest Stated Maturity of the Secured Notes; provided that, if any Collateral Obligation has scheduled distributions that occur both before and after the earliest Stated Maturity of the Secured Notes, only the scheduled distributions on such Collateral Obligation occurring after the earliest Stated Maturity of the Secured Notes will constitute a Long-Dated Obligation.

  • With respect to any Collateral Obligation, any waiver, modification, amendment or variance that would extend the Underlying Asset Maturity of such Collateral Obligation consummated in connection with an insolvency, bankruptcy, reorganization, debt restructuring or workout of the obligor thereof in connection with the financial distress or default of such obligor.

Related to Underlying Asset Maturity

  • Latest Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Other Term Loan, any Other Term Commitment, any Other Revolving Loan or any Other Revolving Commitment, in each case as extended in accordance with this Agreement from time to time.

  • Designated Maturity means, in relation to Screen Rate Determination, the period of time designated in the Reference Rate.

  • Final Maturity Date means the date that (i) is one hundred eighty (180) days following the Scheduled Termination Date or (ii) such earlier date on which the Loans become due and payable pursuant to Section 9.01.