Cashflow Recapture Secured Parties definition

Cashflow Recapture Secured Parties means (i) the Holdings Administrative Agent on behalf of each Holdings Lender and (ii) each Owner Lessor.

Examples of Cashflow Recapture Secured Parties in a sentence

  • Except for the claims and interest of the Depositary Agent for the benefit of the Cashflow Recapture Secured Parties and Holdings in the Cashflow Recapture Fund, the Depositary Bank does not know of any claim to, or interest in, the Cashflow Recapture Fund or in any financial asset credited thereto.

  • In the event that the Depositary Bank has or subsequently obtains by agreement, operation of law or otherwise a lien or security interest in the Cashflow Recapture Fund or any security entitlement credited thereto, the Depositary Bank agrees that such lien or security interest shall be subordinate to the lien and security interest of the Depositary Agent for the benefit of the Cashflow Recapture Secured Parties.

  • Any funds remaining on deposit in the Cashflow Recapture Fund after the withdrawal and remittance contemplated by the immediately preceding sentence shall be held as Cashflow Recapture Collateral for the Secured Obligations owing to the Cashflow Recapture Secured Parties in accordance with this Intercreditor Agreement.

  • The Cashflow Recapture Fund shall at all times be in the exclusive possession of the Depositary Bank acting for and on behalf of the Depositary Agent acting for and on behalf of the Cashflow Recapture Secured Parties.

Related to Cashflow Recapture Secured Parties

  • Indenture Secured Parties means the Noteholders.

  • obligor on the indenture securities means the Issuer, the Guarantors or any other obligor on the Notes. All other terms used in this Indenture that are defined by the TIA, defined in the TIA by reference to another statute or defined by SEC rule have the meanings therein assigned to them.

  • indenture securities means the Securities.

  • indenture securityholder means a Holder or Securityholder.

  • on the indenture securities means the Issuer and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule have the meaning assigned to them by such definitions.

  • indenture security holder means a Noteholder.

  • other indenture securities means securities upon which the Company is an obligor outstanding under any other indenture (i) under which the Trustee is also trustee, (ii) which contains provisions substantially similar to the provisions of this Section, and (iii) under which a default exists at the time of the apportionment of the funds and property held in such special account.

  • Permitted Cure Security means an equity security of the Borrower having no mandatory redemption, repurchase or similar requirements prior to 91 days after the Latest Maturity Date of all Classes of Loans or Commitments, and upon which all dividends or distributions (if any) shall be payable solely in additional shares of such equity security.

  • Permitted Cure Securities means any equity securities of the Borrower, Holdings or any Parent Entity issued pursuant to the Cure Right other than Disqualified Stock.

  • indenture to be qualified means this Indenture.

  • Structured Finance Obligation means any obligation issued by a special purpose vehicle and secured directly by, referenced to, or representing ownership of, a pool of receivables or other financial assets of any obligor, including collateralized debt obligations and mortgaged-backed securities. For the avoidance of doubt, if an obligation satisfies the definition of “Structured Finance Obligation”, such obligation shall not (a) qualify as any other category of Portfolio Investment and (b) be included in the Borrowing Base.

  • Discharge of Second Lien Obligations means the occurrence of all of the following:

  • Discharge of Senior Lender Claims means, except to the extent otherwise provided in the Intercreditor Agreement, payment in full in cash (except for contingent indemnities and cost and reimbursement obligations to the extent no claim has been made) of (a) all Obligations in respect of all outstanding First Priority Lien Obligations and, with respect to letters of credit or letter of credit guaranties outstanding thereunder, delivery of cash collateral or backstop letters of credit in respect thereof in compliance with the Revolving Credit Agreement, in each case after or concurrently with the termination of all commitments to extend credit thereunder and (b) any other First Priority Lien Obligations that are due and payable or otherwise accrued and owing at or prior to the time such principal and interest are paid; provided that the Discharge of Senior Lender Claims shall not be deemed to have occurred if such payments are made with the proceeds of other First Priority Lien Obligations that constitute an exchange or replacement for or a refinancing of such Obligations or First Priority Lien Obligations. In the event the First Priority Lien Obligations are modified and the Obligations are paid over time or otherwise modified pursuant to Section 1129 of the Bankruptcy Code, the First Priority Lien Obligations shall be deemed to be discharged when the final payment is made, in cash, in respect of such indebtedness and any obligations pursuant to such new indebtedness shall have been satisfied.

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Discharge of Term Obligations shall have the meaning provided in the Intercreditor Agreement.

  • Senior Class Debt Representative has the meaning assigned to such term in Section 8.09.

  • Delaware Secretary means the Secretary of State of the State of Delaware.

  • Discharge of ABL Obligations has the meaning specified in the Intercreditor Agreement.

  • Discharge of Senior Obligations means the date on which the Discharge of Credit Agreement Obligations and the Discharge of each Additional Senior Debt Facility has occurred.

  • Unreasonable adverse effects on the environment means any unreasonable risk to humans or the environment, taking into account the economic, social, and environmental costs and benefits of the use of any pesticide.

  • Discharge of First Lien Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.

  • Failed Bank Charge-Offs/Write-Downs means, with respect to any Shared- Loss Asset, an amount equal to the aggregate amount of reversals or charge-offs of Accrued Interest and charge-offs and write-downs of principal effected by the Failed Bank with respect to that Shared-Loss Asset as reflected on the Accounting Records of the Failed Bank.

  • Second Priority Representative means (i) in the case of the Initial Second Priority Debt Facility covered hereby, the Initial Second Priority Representative and (ii) in the case of any Second Priority Debt Facility and the Second Priority Debt Parties thereunder the trustee, administrative agent, collateral agent, security agent or similar agent under such Second Priority Debt Facility that is named as the Representative in respect of such Second Priority Debt Facility in the applicable Joinder Agreement.

  • Pre-Qualifying Criteria means the criteria set out in clause 27.3 of this Part C.

  • Senior Credit Support Depletion Date The date on which the Class Certificate Balance of each Class of Subordinated Certificates has been reduced to zero.

  • Noteholder FATCA Information means, with respect to any Noteholder or Note Owner, information sufficient to eliminate the imposition of, or determine the amount of, U.S. withholding tax under FATCA.