Examples of Equity Collateral in a sentence
This Assignment will create a continuing security interest in and lien on the Equity Collateral and will remain in full force and effect until terminated pursuant to Section 11 of this Assignment.
The payment of such amount shall satisfy all the Issuer's obligations under and in relation to such Note.For the avoidance of doubt, none of the Issuer, the Trustee or the Calculation Agent shall be required to monitor, enquire or satisfy itself as to whether any Equity Collateral Event has occurred.
The Mezzanine Lender shall provide notice of the transfer and an officer’s certificate from an officer of Mezzanine Lender certifying that all conditions set forth in this Section 5(a) have been satisfied to Senior Lender and the Rating Agencies upon consummation of any transfer of the Equity Collateral pursuant to this Section 5(a).
Equity Collateral Event: In respect of the Class C Notes: Not Applicable.
Additionally, if a non-consolidation opinion was delivered in connection with the closing of the Senior Loan, the transferee of the Equity Collateral shall deliver a new non-consolidation opinion relating to the transferee acceptable to the Rating Agencies within ten (10) business days of the transfer of title to the Equity Collateral.