Warranty Loan Asset means (i) any Loan Asset that fails to satisfy any criteria of the definition of Eligible Loan Asset as of the Cut-Off Date for such Loan Asset or a Loan Asset with respect to which a Warranty Event has occurred, or (ii) any Loan Asset, or if not affecting the full Loan Asset, the portion thereof, subject to a Dispute following the Cut-Off Date.
Warranty Loan Asset means any Loan Asset that fails to satisfy any criteria of the definition of Eligible Loan Asset as of the Cut-Off Date for such Loan Asset or a Loan Asset with respect to which a Warranty Event has occurred.
Examples of Warranty Loan Asset in a sentence
The Borrower shall not hold or own any assets that are not part of the Collateral Portfolio or powers and rights incidental to the Transaction Documents other than any Warranty Loan Asset pursuant to Section 2.07(c).
The Borrower shall not hold or own any assets that are not part of the Collateral Portfolio or powers and rights incidental to the Transaction Documents other than any Warranty Loan Asset pursuant to Section 2.07(c) .
More Definitions of Warranty Loan Asset
Warranty Loan Asset means any Loan Asset that fails to satisfy any criteria of the definition of Eligible Loan Asset as of the Cut-Off Date for such Loan Asset (or any Loan Asset that failed to satisfy any criteria of the definition of “Eligible Loan” as defined in the Restatement Agreement or the Original Agreement, as applicable, as of the Cut-Off Date for such Loan Asset) or a Loan Asset with respect to which a Warranty Event has occurred; provided that any Loan Asset approved by the Agent in accordance with Section 11 of Schedule III on the applicable Cut-Off Date shall not be a Warranty Loan Asset due to the failure of such Loan Asset to satisfy the requirements of Section 11 of Schedule III on any date thereafter.
Warranty Loan Asset means a Loan Asset with respect to which a Warranty Event has occurred. “Wells Fargo” means Wells Fargo, National Association.
Warranty Loan Asset means a Loan Asset with respect to which a Warranty Event has occurred. “Waterfall Coverage Ratio Test” means a test that is satisfied at any time if the following ratio is
Warranty Loan Asset means a Loan Asset with respect to which a Warranty Event has occurred. “Yield” means the sum of the following, payable on each Payment Date:
Warranty Loan Asset means a Loan Asset with respect to which a Warranty Event has occurred. BUSINESS.29976944.129976944.10 UCC in the State of New York, and used but not specifically defined herein, are used herein as defined in such Article 9.