Warehouse Collateral definition
Examples of Warehouse Collateral in a sentence
Each notice delivered under this Section 6.01(a) shall be accompanied by a statement of an officer of the Warehouse Collateral Manager setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto.
Pursuant to the Collateral Agent Assignment Agreement, dated as of July 16, 2008 (the “Collateral Agent Assignment Agreement”), between Bank of America, as assignor, and ALHC, as assignee, the Prior Warehouse Collateral Agent assigned to the Closed-End Collateral Agent certain of the property and rights held by the Prior Warehouse Collateral Agent under the Prior Collateral Documents.
Any remaining rights and obligations of the Prior Warehouse Collateral Agent continued to inure to Bank of America following such assignment in its capacity as the Deal Agent under the Third Amended and Restated Collateral Agency Agreement dated as of July 16, 2008 (as amended from time to time prior to the date hereof, the “Existing Collateral Agency Agreement”) and the other Basic Documents (as such rights and obligations may be modified therein).
All amounts in the Reserve Account will be invested in Eligible Investments at the direction of the Warehouse Collateral Manager (or the Administrative Agent if an Event of Default has occurred).
The Register shall be available for inspection by the Borrower, any Lender and the Warehouse Collateral Manager, at any reasonable time and from time to time upon reasonable prior notice.