Examples of Collateral Guarantor in a sentence
Potential investors should note that on and prior to the relevant Postponed Maturity Date, they are exposed to the credit risk of the relevant Collateral Obligor, Collateral Guarantor or Collateral Support Provider (if any) and that, upon the default by the Collateral Obligor, Collateral Guarantor or Collateral Support Provider, as applicable, in respect of such Collateral Item, the Issuer will not be able to redeem the Instruments at their outstanding principal amount on the Postponed Maturity Date.
Although high yield bonds benefit from broad financial covenants, guarantees from affiliates and other securities, they are regarded as risky investments due the increased credit risk of the relevant Collateral Obligor, Collateral Guarantor or Collateral Support Provider (if any) and the volatility of the market price of such type of bonds.
The Instruments will provide exposure, amongst other things, to the credit risk of each of the Issuer, the Hedging Counterparty (if any) and the Collateral, including to the credit risk of each Collateral Obligor, Collateral Guarantor or Collateral Support Provider, if any.
The Collateral Trustee agrees to release promptly to the Pledged Share Collateral Guarantor any dividends, distributions, cash, securities, instruments and other property paid, payable or otherwise distributed in respect of the Collateral which it may receive under Section 7(a) if, prior to the occurrence of an acceleration of any of the Obligations, all Defaults and Events of Default have been waived or are no longer continuing.
Commission resolutions regarding LAWC’s requests to the Commission did not state that the approved requests would benefit development in Bear Valley or any interests of Aspen but authorized reasonable requests that are part of the proper operation of LAWC.