Underlying Document definition

Underlying Document. The loan agreement, credit agreement, indenture or other customary agreement pursuant to which an Asset has been created or issued and each other agreement that governs the terms of or secures the obligations represented by such Asset or of which the holders of such Asset are the beneficiaries.
Underlying Document means each of the Approved Charters, the Confirmation Agreements, the Novation Agreements, the Management Agreements and the MOAs and, in the plural, means all of them;
Underlying Document means any of them; and

Examples of Underlying Document in a sentence

  • Seller meets the eligibility requirements of a servicer and a subservicer under the terms of each Servicing Agreement and Underlying Document.

  • A default by an Obligor with respect to any Collateral Obligation, and subject to any grace periods contained in the related Underlying Document, that gives rise to the right of the lender(s) thereunder to accelerate the principal of such Collateral Obligation.

  • There are no other written or oral agreements binding upon Seller or Purchaser that modify, supplement or amend any such Servicing Agreement or Underlying Document.

  • There are no other written or oral agreements binding upon Seller or Purchasers that modify, supplement or amend any such Servicing Agreement or Underlying Document.

  • Ocwen meets the eligibility requirements of a servicer and a subservicer under the terms of each Subject Servicing Agreement and Underlying Document.


More Definitions of Underlying Document

Underlying Document means each of them; and
Underlying Document. The meaning giving to such term in the Residential Servicing Asset Purchase Agreement.
Underlying Document means any Assignable Charter.
Underlying Document means any Assignable Charter and any MOA and, in the plural, means all of them.
Underlying Document. The loan agreement, credit agreement, indenture or other customary agreement pursuant to which an Asset has been created or issued and each other agreement that governs the terms of or secures the obligations represented by such Asset or of which the holders of such Asset are the beneficiaries. “United States” or “U.S.”: The United States of America, its territories and its possessions. “Unregistered Securities”: The meaning specified in Section 5.17(c). “Unsecured Loan”: A senior unsecured Loan obligation of any Person which is not (and by its terms is not permitted to become) subordinate in right of payment to any other debt for borrowed money incurred by the Obligor under such Loan. “U.S. Government Securities Business Day”: Any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities as indicated on the Securities Industry and Financial Markets Association website. “U.S. person”: The meaning specified in Regulation S. “U.S. Risk Retention Rules”: Section 15G of the Exchange Act and the rules and regulations promulgated thereunder. “Xxxxxxx Rule”: Section 619 of the Xxxx-Xxxxx Act and the related implementing regulations, as amended from time to time.
Underlying Document. The loan agreement, credit agreement, indenture or other customary agreement pursuant to which an Asset has been created or issued and each other agreement that governs the terms of or secures the obligations represented by such Asset or of which the holders of such Asset are the beneficiaries. “United States” or “U.S.”: The United States of America, its territories and its possessions. “Unregistered Securities”: The meaning specified in Section 5.17(c). “Unsecured Loan”: A senior unsecured Loan obligation of any Person which is not (and by its terms is not permitted to become) subordinate in right of payment to any other debt for borrowed money incurred by the Obligor under such Loan. “Uptier Priming Debt”: Any Superpriority New Money Debt and any Rolled Senior Uptier Debt acquired by the Issuer resulting from, or received in connection with an Uptier Priming Transaction. For the avoidance of doubt, any Uptier Priming Debt must satisfy the requirements of the definition of one of “Collateral Obligation”, “Workout Loan” or “Restructured Loan”. “Uptier Priming Transaction”: Any transaction effected in connection with the bankruptcy related to, or the workout or restructuring of, a Collateral Obligation held by the Issuer, in which (x) new money priming debt is issued by the Obligor of such Collateral Obligation which will be senior in priority to all existing debt of such Obligor (including the Collateral Obligation held by the Issuer) (“Superpriority New Money Debt”) and/or (y) the current secured lenders (with respect to such Collateral Obligation) that participate in the Superpriority New Money Debt have the opportunity to exchange their current secured loans for priming debt (without any requirement to pay additional amounts, other than reasonable and customary expenses, e.g., transfer costs) that will be senior in priority to all other outstanding debt of such Obligor (including the Collateral Obligation held by the Issuer), other than Superpriority New Money Debt (“Rolled Senior Uptier Debt”). “Xxxxxxx Rule”: Section 619 of the Xxxx-Xxxxx Act and the related implementing regulations, as amended from time to time. “Xxxxxxx Rule Obligation”: Any Collateral Obligation or Eligible Investment in respect of which the Issuer and the Collateral Manager have received an opinion of counsel of national reputation experienced in such matters that the Issuer’s ownership of such Collateral Obligation or Eligible Investment would cause the Issuer to be unable to qua...