Collateral Interests definition

Collateral Interests has the meaning, if any, with respect to any Series, specified in the related Series Supplement.

Collateral Interests. Each of the Mortgage Loans, Combined Loans and Pari Passu Participations owned by the Issuer from time to time in accordance with the terms of the Indenture.

Collateral Interests collectively, the Distributions Interests and the Equity Interests, but excluding Additional Interests.

Examples of Collateral Interests in a sentence

• Upon receipt of evidence of the delivery or transfer of the Closing Date Collateral Interests to the Issuer or its designee, the Issuer shall pay or cause to be paid to the Seller the Purchase Price in the manner agreed upon by the Seller and the Issuer.

• The Issuer is the beneficial owner of the Collateral Interests and has the right to perform the actions contemplated herein.

• In addition, the Issuer acknowledges that each of such Collateral Interests will be serviced by, and agrees to be bound by, the terms of the applicable Servicing Agreement (as defined in the related Participation Agreement).

• Accordingly, we make no representation and express no opinion or conclusion as to: (a) the existence of the Collateral Interests, (b) questions of legal or tax interpretation or (c) the appropriateness, accuracy, completeness or reasonableness of any instructions, assumptions and methodologies provided to us by Benefit Street, on behalf of the Issuer, that are described in this report.

• With respect to the Collateral Interests that are subject to a Participation Agreement, the parties hereto intend that the provisions of this Section 12 serve as an assignment and assumption agreement between the Seller, as the assignor, and the Issuer, as the assignee.

More Definitions of Collateral Interests

Collateral Interests has the meaning set forth in Section 10.8.

Collateral Interests means the Equity Interests held by each Issuer in its related License Holder and the Equity Interests held by each PledgeCo in its related Issuer.

Collateral Interests. Any interest in property to secure an obligation, including, without limitation, security interests, mortgages, and deeds of trust.

Collateral Interests. Each of the (a) Mortgage Loans, Combined Loans and Pari Passu Participations acquired by the Issuer on the Closing Date and listed on the Collateral Interest Schedule and (b) any Reinvestment Collateral Interest, Exchange Collateral Interest or other Collateral Interest acquired by the Issuer after the Closing Date in accordance with the terms of the Indenture.

Collateral Interests. Collectively, the B Note, Participation Interest, Mezzanine Loans, Preferred Equity Interests and Rake Bond listed on Schedule A attached hereto or, individually, any one of them as the context may require.

Collateral Interests. Each of the Mortgage Loans, Combined Loans and Participations acquired by the Issuer.

Collateral Interests. Each of the (a) Mortgage Loans, Combined Loans and Transaction Participations acquired by the Issuer on the Closing Date and listed on the Collateral Interest Schedule and (b) any Related Funded Companion Participation acquired by the Issuer after the Closing Date in accordance with the terms of the Indenture.