Collateral Asset definition

Collateral Asset has the meaning specified in Annex C.

Collateral Asset means any loan, security, cash, or other asset of any kind owned or held by Borrower, in each case whether or not given credit in the Borrowing Base or having a positive Advance Rate.

Collateral Asset means (i) each Bank Loan (including a First Lien Bank Loan or Second Lien Bank Loan), Senior Secured Bond, Senior Unsecured Bond, Senior Subordinated Bond or Subordinated Bond in each case whether or not given credit in the Borrowing Base or having a positive Advance Rate, (ii) all Cash and Cash Equivalents owned by Borrower and (iii) any other financial assets of the Borrower of any kind.

Examples of Collateral Asset in a sentence

• The Notes shall be subject to repurchase by the Issuer pursuant to an Asset Sale Offer or a Collateral Asset Sale Offer as provided in Section 4.10 hereof or a Change of Control Offer as provided in Section 4.14 hereof.

• There is a risk that, following enforcement, the replacement Collateral Asset is realised for a value that is less than the substituted Collateral Asset could have been realised for.

• Such funds shall also be released to repurchase Notes and to make related payments in connection with a Collateral Asset Sale Offer pursuant to Section 4.10(h) hereof and/or upon consummation of any Collateral Asset Sale Offer, whether or not any Collateral Excess Proceeds remain.

• Investors should note that the value of a Collateral Asset may change over time and the Haircut applied to the Collateral Assets may become outdated and may not provide suitable protection against a potential depreciation in value of the relevant Collateral Asset.

• The Notes shall be subject to repurchase by the Issuer pursuant an Asset Sale Offer or Collateral Asset Sale Offer as provided in Section 4.08 hereof or a Change of Control Offer as provided in Section 4.07 hereof.

More Definitions of Collateral Asset

Collateral Asset means each or any, as the context may require, of the Identified Assets and Additional Assets over which security is granted to secure Program Debt but excluding any Collateral Asset which has been sold and which no longer constitutes part of the security, in each case in accordance with this Agreement.

Collateral Asset means any loan, security, cash or other asset owned or held by the applicable Loan Party, in each case whether or not given credit in the Borrowing Base or having a positive Advance Rate.

Collateral Asset means the real estate and related improvements commonly known as Xxxxxxxxxx Xxxx Xxxxxxx, Xxxx Xxxxx, Xxxxx.

Collateral Asset means the real estate and related improvements commonly known as Landing at Tradition and more particularly described in Exhibit “A” to the Mortgage.

Collateral Asset means the real estate and related improvements commonly known as Northtown Mall and more particularly described in the Mortgage.

Collateral Asset means the real estate and related improvements commonly known as Dayton Mall, Dayton, Ohio.

Collateral Asset means each Proposed Collateral Asset for which the applicable conditions for the funding of an Advance to consummate the acquisition of such Asset in Section 3.02 have been satisfied (or waived), but in each case excluding each Collateral Asset that has been released from the Collateral in accordance with Section 5.02(e)(i).