ACAS Business Loan Trust Securities definition

ACAS Business Loan Trust Securities. Collectively, ACAS’ debt and equity investments in its on balance-sheet asset securitizations, as set forth on Schedule I attached hereto.
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ACAS Business Loan Trust Securities. Collectively, collateralized loan obligations issued by special purpose vehicles managed or serviced by the Servicer or the Servicer’s affiliates that entitle the holder to receive payments that depend on the cash flow from a portfolio consisting primarily of middle market business loans substantially similar to the loans acquired by the Borrower under the Purchase Agreement, and for which the following two conditions have been met: (i) such securities are endorsed in the name of Wachovia Capital Markets, LLC, as Deal Agent for the Secured Parties and (ii) the Deal Agent has received emailed or other written confirmation from the Collateral Custodian of receipt of such securities by the Collateral Custodian; provided for avoidance of doubt that ACAS Business Loan Trust Securities shall not include any security primarily secured by commercial mortgage backed securities or commercial real estate loans.
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ACAS Business Loan Trust Securities. Collectively, the 2002-2 Class C Securities, the 2003-1 Class D Securities and the 2003-2 Class D Securities.
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Examples of ACAS Business Loan Trust Securities in a sentence

  • Except for ACAS Business Loan Trust Securities, the Borrower does not own or hold directly or indirectly, any capital stock or equity security of, or any equity interest in, any Person.

  • Except for ACAS Business Loan Trust Securities, theThe Borrower does not own or hold directly or indirectly, any capital stock or equity security of, or any equity interest in, any Person.

Related to ACAS Business Loan Trust Securities

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • Trust Securities means the Common Securities and the Capital Securities.

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.

  • Capital Securities means undivided beneficial interests in the assets of the Trust which rank pari passu with Common Securities issued by the Trust; provided, however, that upon the occurrence and continuance of an Event of Default (as defined in the Declaration), the rights of holders of such Common Securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights of holders of such Capital Securities.

  • Individual Securities shall have the meaning specified in Section 3.01(p).

  • Common Securities means the securities representing common undivided beneficial interests in the assets of the Issuer.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Preferred Securities has the meaning specified in the first recital of this Indenture.

  • Lead Securitization Notes means Note A-1-A, Note A-1-B, Note A-1-C, Note A-1-D, Note A-1-E, Note B-1, Note B-2, Note B-3, Note B-4 and Note B-5 for so long as any such note is included in the Lead Securitization.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Seller Notes means any promissory note or notes issued by the Borrower or a Restricted Subsidiary of the Borrower in respect of any acquisition permitted hereunder as consideration in connection with such acquisition, but that is not in the nature of an earn-out obligation or similar deferred or contingent obligation.

  • First Securitization means the earliest to occur of the Note A-1 Securitization and the Note A-2 Securitization.

  • New Securities Trustee means a bank or trust company reasonably satisfactory to the Initial Purchasers, as trustee with respect to the New Securities under the New Securities Indenture.

  • Equity Preferred Securities means, with respect to any Person, any trust preferred securities or deferrable interest subordinated debt securities issued by such Person or other financing vehicle of such Person that (i) have an original maturity of at least twenty years, and (ii) require no repayments or prepayments and no mandatory redemptions or repurchases, in each case, prior to the first anniversary of the latest Maturity Date.

  • Delaware Trust Assets Purchaser means the Computershare Delaware Trust Company.

  • Asset-Backed Securities means securities which:

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Trust Preferred Securities any preferred securities issued by a Trust Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Retail Certificates A Senior Certificate, if any, offered in smaller minimum denominations than other Senior Certificates, and designated as such in the Series Supplement.