Collateral Class definition

Collateral Class as used with respect to Collateral, means the Fixed Collateral or the Liquid Collateral, as applicable.
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Examples of Collateral Class in a sentence

  • No. Debtor(s) Secured Party CG I E A O MV Enquiry Collateral Class.

  • Debtor herein represents and warrants that it shall maintain such Collateral Class and its respective Concentration Requirement at all times from and after December 31, 2006.

  • Lending Value of Collateral: Class A and Class B shares (“Mondavi Shares”) of the common stock of The ▇▇▇▇▇▇ Mondavi Corporation (the “Company”) will have a lending value of 50%; provided, however, that if the market price per share of Class A Mondavi Shares falls to $15 or less, the Credit Limit will be reduced to US $3,500,000 and any outstanding Advances in excess of that amount will become immediately due and payable.

Related to Collateral Class

  • Collateral Call means a notice to a Participant that additional Collateral, or possibly early payment, is required in order to remain in, or to regain, compliance with Tariff, Attachment Q.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Collateral Monthly Principal means the monthly principal distributable in respect of the Collateral Interest as calculated in accordance with subsection 4.07(c).

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Collateral Floating Percentage means, with respect to any Distribution Date, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Collateral Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is the Adjusted Invested Amount as of the close of business on such last day; provided, however, that with respect to the first Monthly Period, the Collateral Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.