Examples of Related Collateral in a sentence
The Cover Pool consists of Purchased Loan Receivables, Purchased Related Collateral and Eligible Investments as well as the amounts standing to the credit of the Guarantor Accounts.
Accordingly, the Noteholders are relying on the business judgement and practices of the Servicer when enforcing claims against the Debtors, including taking decisions with respect to enforcement in respect of the Purchased Receivables and the Related Collateral.
In accordance with the terms of the Auto Portfolio Purchase Agreement, in certain circumstances the receipt by the Issuer of a Deemed Collection will result in the relevant Purchased Auto Loan and Related Collateral related thereto being automatically re-assigned to the Seller on the next Payment Date following the payment of the Deemed Collection.
The Purchased Loan Receivables and the Purchased Related Collateral are registered in the refinancing register (Refinanzierungsregister) (a "Refinancing Register") of the relevant Seller in favour of the Guarantor or, in case of Purchased Related Mortgages purchased from BHW, in DBAG's Refinancing Register.
The custodian may, in consultation with the insolvency administrator, use all of the relevant Servicer's facilities that are required for the management of the Purchased Loan Receivables and the Related Collateral registered in the Refinancing Register of the relevant Servicer.