Xxxxx’x RiskCalc Sample Clauses

Xxxxx’x RiskCalc. With respect to any Collateral Obligation, at any time that the Agency Rating hereunder is determined by the use of Xxxxx’x RiskCalc: (1) the Borrower (or the Servicer on behalf of the Borrower) shall request a credit estimate, shadow rating or similar rating within 10 Business Days of the applicable Cut-Off Date and (2) the Borrower (or the Servicer on behalf of the Borrower) shall refresh such Xxxxx’x RiskCalc promptly upon the occurrence of a Revaluation Event with respect to such Collateral Obligation.
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Xxxxx’x RiskCalc. With respect to each Collateral Obligation the Loan Rating of which is derived from Xxxxx’x RiskCalc, shall deliver to the Facility Agent and the Collateral Agent at least five Business Days prior to the date of any purchase of a Collateral Obligation to the extent available, and otherwise as soon as reasonably practicable thereafter, all information necessary to calculate Xxxxx’x RiskCalc with respect to such Collateral Obligation and periodically thereafter as is required to timely make any calculations and prepare any reports related to Loan Ratings derived from Xxxxx’x RiskCalc under this Agreement; provided that, if the Loan Rating is derived from Xxxxx’x RiskCalc, no Advance shall be made in connection with such purchase until all such information is received and Xxxxx’x RiskCalc is calculated unless (i) the Collateral Manager believes that no Borrowing Base Deficiency would reasonably be expected to result from the Advance upon the calculation of Xxxxx’x RiskCalc with respect to the purchased Collateral Obligation and (ii) the Collateral Manager reasonably believes after application of its underwriting standards that the rating of any such Collateral Obligation is at least “Caa1” (any Collateral Obligation subject to such exception, a “Loan Rating Exception Obligation”). Only one Loan Rating Exception Obligation shall be permitted at any time and all information necessary to calculate Xxxxx’x RiskCalc with respect to any Loan Rating Exception Obligation shall be delivered to the Facility Agent and the Collateral Agent no later than 30 days after the purchase of such Collateral Obligation. After the second occurrence of any Loan Rating Exception Obligation being determined to have a Loan Rating less than “Caa1” once all information has been provided to the Facility Agent and the Collateral Agent, no further Loan Rating Exception Obligations shall be permitted and the information necessary to calculate Xxxxx’x RiskCalc with respect to any Collateral Obligation proposed for purchase by the Borrower shall thereafter be provided at least five Business Days prior to the date of any purchase of a Collateral Obligation. After the initial determination of the Loan Rating of any Collateral Obligation using Xxxxx’x RiskCalc, the Borrower shall thereafter provide the Facility Agent and the Collateral Agent all information necessary to update Xxxxx’x RiskCalc with respect to such Collateral Obligation on a quarterly basis.
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Related to Xxxxx’x RiskCalc

  • XXXXXXS xxx xxxxxxx xxxxxo desire to modify the Pooling and Servicing Agreement as set forth in this Amendment;

  • Xxxxxxx, P Eng. So what does this have to do with design? We all experience various sorts of training to provide us with specific skills that we use on a daily basis. People of my generation have had to become computer literate. Once that skill has been acquired, we integrate it into our approach to design. The training associated with those specific skills keeps I took golf lessons last spring, and in the process found myself examining some realities about the inputs associated with design. Unfortunately that seems to be the only measurable outcome of the lessons. As I stood on the smooth artifi- cial turf in the Golf Dome, my instructor kept reminding me to check my grip, balance my weight, swing through the ball, etc. His comments after each swing were intended to help me develop a con- sistent, repeatable swing that would result in the ball going straight ahead and into the end of the dome. He was training me to use a five- iron properly without having to spend a great deal of time thinking about the process. Just address the ball and hit it. At about the same time, I was going through the training manual for a new piece of software that promised to make me more efficient in my work. The feedback loop in the training program was remark- ably similar to the feedback loop at the Golf Dome. Both were intended to get me to the point where I could use a “tool” without worrying about the operational details. I was being trained. If I turned out to be successful in this training process, my “game” would improve. I would have gained “value”. Let’s assume for a minute that my golf lessons had worked. Within the constraints of time and season, I would have come away with an enhanced skill using a specific golf club under “ideal” conditions. Under the conditions in which I received my training I could use that particu- lar tool with improved skill. But when I headed out to face the Manitoba golf course environment, complete with wind, sloped surfaces, trees, water and mosquitoes, well would my specialized training fit into this “bigger picture”? Notwithstanding my newly acquired skill with my five iron, the other ten clubs remained less than useful. Protect best what you value most. At Maritime Life, we offer engineers and geoscientists disability insurance at a price you can afford. Find out more about the CCPE-sponsored disability benefit plan. It won’t hurt to call us! Contact Maritime Life at 0-000-000-0000 or visit us at xxx.xxxxxxxxxxxx.xx/xxxxxxxxxxxx Program sponsored by:

  • Xxxxxx, P A., special counsel for IMC, in IMC's capacity as both Seller and Servicer under the Sale and Servicing Agreement, and/or Xxxxx & Xxxxxx LLP shall have furnished to the Underwriters their written opinion or opinions, addressed to the Underwriters and the Depositor and dated the Closing Date, in form and substance satisfactory to the Underwriters, to the effect that:

  • Xxxxxx, Xx Xxxxxxx X.

  • Xxxxxxx, Xx Xxxxxxx X. Xxxxxxx, Xx. has served as a Senior Vice President of IPT since August 1997, and served as Vice President and Director of Operations of IPT from December 1996 until August 1997. Xx. Xxxxxxx'x principal employment has been with Insignia for more than the past five years. From January 1994 to September 1997, Xx. Xxxxxxx served as Managing Director-- Partnership Administration of Insignia. PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT AND NAME FIVE-YEAR EMPLOYMENT HISTORY ---- ---------------------------- Xxxxxx Xxxxxx Xxxxxx Xxxxxx has served as Vice President and Treasurer of IPT since December 1996. Xx. Xxxxxx served as a Vice President of IPT from December 1996 until August 1997 and as Chief Financial Officer of IPT from May 1996 until December 1996. For additional information regarding Xx. Xxxxxx, see Schedule III.

  • Xxxxxxx X Xxxxxx ________________________________________ _______________________________________________

  • Xxxxxxx, Esq If to the Executive, to him at the offices of the Company with a copy to him at his home address, set forth in the records of the Company. Any person named above may designate another address or fax number by giving notice in accordance with this Section to the other persons named above.

  • Xxxxxx, Esq Xxxxxxxxx Xxxxx Xxxxxxx & Xxxxx, a professional corporation 000 Xxxxxxx Xxxxxx Xxxxx, Xxxxx 0000 Xxxxxxx Xxxxx, Xxxxxxxxxx 00000 Telecopier: (000) 000-0000 if to Investor to: Xxxxx Interactive SA c/x Xxxxx Software Corporation 00000 Xxxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxxxxx 00000 Attention: Xx. Xxxxx Xxxx, Chairman and Chief Executive Officer Telecopier: (000) 000-0000 with copies to: Xxxxx Interactive SA Parc de l'esplanade 00, Xxx Xxxxxx Xxxxx Saint Xxxxxxxx des Xxxxxx 00000 Xxxxx xxx Xxxxx Xxxxx Xxxxxx Telecopier: 011-33-1-60-31-59-60 and

  • Xxxxxxxx, X X. Xxxxxx, as Trustee .................. 00 Xxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000

  • Xxxxxxxx, Xx (Xxxxxxx Xxxxxxxx).

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