Class C Loan Assets definition

Class C Loan Assets means, as of any date of determination, all Borrowing Base Eligible Assets related to corporate loan obligations (i) that are Distressed Assets and (ii) in respect of which the Asset Value shall be greater than or equal to ninety percent (90%) of the par value of such Borrowing Base Eligible Asset as of such date of determination.
Sample 1

Examples of Class C Loan Assets in a sentence

  • Select one Asset Type Concentration (Approved Foreign Assets, Approved Foreign Assets – Canada, Approved Foreign Assets – United Kingdom, Class E Bond, Class F Bond, Class C Loan, Class D Loan, Distressed Assets (Other than Class C Loan Assets), Non Rated Assets, Loan Assets – Maturity Greater than 10 years, Eligible 2a-7 Interests and Pricing Committee Valued Assets) in this section and perform the following steps: · Verify the accuracy of the asset type in the System Download worksheet.

  • Recalculate the Gross Excess Concentrations and Net (with Obligor) Excess Concentrations for Approved Foreign Assets, Distressed Assets (other than Class C Loan Assets), Non-Rated Assets, Loan Assets – Maturity Greater than 10 years, Eligible 2a-7 Interests and Pricing Committee Valued Assets.

Related to Class C Loan Assets

  • Class C Note Principal Balance means, on any date of determination, an amount equal to (a) the Class C Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class C Noteholders on or prior to such date.

  • Class C Note Initial Principal Balance means $18,948,000.

  • Class C Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class C Notes at the Class C Interest Rate on the Class C Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class C Noteholders on or prior to such preceding Payment Date.

  • Class C Notes has the meaning assigned to such term in the Indenture.

  • Class C Noteholders means the holders of any Class C Notes from time to time.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Class D Noteholders’ Monthly Accrued Interest means, with respect to any Payment Date, the aggregate interest accrued for the related Interest Period on the Class D Notes at the Class D Interest Rate on the Class D Note Balance on the immediately preceding Payment Date or the Closing Date, as the case may be, after giving effect to all payments of principal to the Class D Noteholders on or prior to such preceding Payment Date.

  • Class A-1 Note means any of 5.604% Asset Backed Notes, Class A‑1, issued under the Indenture substantially in the form attached thereto as Exhibit A-1.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Class A-3 Principal Balance as of any date means the Class A‑3 Initial Principal Balance less all amounts paid to the holders of Class A‑3 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Class A-4 Principal Balance as of any date means the Class A‑4 Initial Principal Balance less all amounts paid to the holders of Class A‑4 Notes in respect of principal pursuant to Section 5.06 hereof.

  • Class A-3 Interest Rate means [ ]% per annum (computed on the basis of a 360-day year of twelve 30-day months).

  • Class C Note Balance means, at any time, the Initial Class C Note Balance reduced by all payments of principal made prior to such time on the Class C Notes.

  • Class B Note Principal Balance means, on any date of determination, an amount equal to (a) the Class B Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class B Noteholders on or prior to such date.

  • Class A Note Initial Principal Balance means $750,000,000.

  • Class A Note Principal Balance means, on any date of determination, an amount equal to (a) the Class A Note Initial Principal Balance, minus (b) the aggregate amount of principal payments made to the Class A Noteholders on or prior to such date.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Class B Note Initial Principal Balance means $17,980,000.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Class C Note Rate means 3.48% per annum.

  • Note A-7 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-7 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-7 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Note A-4 Principal Balance means, with respect to the Mortgage Loan, at any time of determination, the Initial Note A-4 Principal Balance set forth on the Mortgage Loan Schedule, less any payments of principal thereon received by the Note A-4 Holder or reductions in such amount pursuant to Section 3 or 4, as applicable.

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.