Asset Review Quorum definition

Asset Review Quorum. In connection with any solicitation of votes to authorize an Asset Review as described in Section 11.01(a), the Holders of Certificates evidencing at least 5% of the aggregate Voting Rights represented by all of the Certificates.
Asset Review Quorum means Holders of Investor Certificates evidencing at least 5% of the aggregate unpaid principal amount of Investor Certificates outstanding.
Asset Review Quorum means the Noteholders evidencing at least five percent (5%) of the Outstanding Amount of all Series of Notes Outstanding.

Examples of Asset Review Quorum in a sentence

  • If a vote in which an Asset Review Quorum participates occurs within the 90-day period pursuant to this Section 4.19(d)(ii) above and the Noteholders holding more than 50% of the Outstanding Amount of all Notes casting a vote direct that an Asset Representations Review be undertaken (the “Review Satisfaction Date”), then Indenture Trustee shall promptly provide a Review Notice to Transferor, Servicer and all Noteholders of Outstanding Notes in the same manner described above.

  • If (x) a vote in which an Asset Review Quorum participates occurs within such 90-day period and (y) Noteholders holding more than 50% of the Outstanding Note Balance casting a vote direct that a review be undertaken, then the Indenture Trustee shall promptly provide written notice to the Seller, the Servicer, the Bank, and Noteholders in the same manner as described above.


More Definitions of Asset Review Quorum

Asset Review Quorum. As defined in Section 2.05.
Asset Review Quorum means Noteholders evidencing 5.0% in Outstanding Dollar Principal Amount of all Notes outstanding.
Asset Review Quorum means Class A[, Class B] [and] [Class C] Noteholders evidencing at least 5% of the aggregate unpaid principal amount of the Class A[, Class B] [and] [Class C] Notes outstanding.
Asset Review Quorum means Noteholders evidencing at least 5% of the Outstanding Note Balance.

Related to Asset Review Quorum

  • Asset Representations Review means, following the occurrence of a Delinquency Trigger, the review of ARR Receivables to be undertaken by the Asset Representations Reviewer pursuant to the terms of the Asset Representations Review Agreement.

  • Asset Representations Review Agreement means the Asset Representations Review Agreement, dated as of the date hereof, between the Issuer, the Sponsor, the Servicer and the Asset Representations Reviewer.

  • Asset Representations Reviewer means the asset representations reviewer appointed as provided in the Lead Securitization Servicing Agreement.

  • Eligible Asset Representations Reviewer means a Person who (i) is not, and is not Affiliated with, the Sponsor, the Depositor, the Servicer, the Indenture Trustee, the Owner Trustee or any of their Affiliates and (ii) was not engaged or Affiliated with a Person that was engaged by the Sponsor or any Underwriter to perform any due diligence on the Receivables prior to the Closing Date.

  • Utilization review plan or "plan" means a written procedure for performing review.

  • Review Meeting means a meeting to be held in accordance with clause B19 (Review Meetings) or as otherwise requested in accordance with clause B19.2 (Review Meetings)

  • Utilization review means the prospective (prior to), concurrent (during) or retrospective (after) review of any service to determine whether such service was properly authorized, constitutes a medically necessary service for purposes of benefit payment, and is a covered healthcare service under this plan. WE, US, and OUR means Blue Cross & Blue Shield of Rhode Island. WE, US, or OUR will have the same meaning whether italicized or not. YOU and YOUR means the subscriber or member enrolled for coverage under this agreement. YOU and YOUR will have the same meaning whether italicized or not.

  • Drug utilization review means an evaluation of a prescription drug order and patient records for

  • Application Review Start Date means the later date of either the date on which the District issues its written notice that the Applicant has submitted a completed Application or the date on which the Comptroller issues its written notice that the Applicant has submitted a completed Application and as further identified in Section 2.3.A of this Agreement.

  • independent review committee means the independent review committee of the investment fund established under National Instrument 81-107 Independent Review Committee for Investment Funds;

  • Review Report means, for an Asset Review, the report of the Asset Representations Reviewer prepared according to Section 3.5.

  • Periodic Review means a review conducted by Ofwat for the purpose of determining one or more Price Controls in accordance with Part III of Condition B, but so that references in Part IV of Condition B to a Periodic Review shall exclude any review carried out under paragraph 11 of that Condition and shall include the determination by the Competition and Markets Authority of the relevant questions or, as the case may be, the disputed determination referred to it under paragraph 16 of Condition B;

  • Independent review organization means an entity that is accredited to conduct independent external reviews of adverse benefit determinations.

  • Expedited review means an examination, in accordance with

  • Review Materials means, for an Asset Review and a Subject Receivable, the documents and other materials for each Test listed under “Review Materials” in Schedule A.