Collateral Loan definition

Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.
Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:
Collateral Loan means (a) a loan made by Borrower evidenced by a Collateral Note; (b) all rights, including all rights of repayment, under the Collateral Loan Documents and all other agreements, documents and instruments arising from such loan or relating thereto; and (c) all proceeds arising from such loan or relating thereto (including, but not limited to any collateral acquired by Borrower in the exercise of its rights under the Collateral Loan Documents). 

Examples of Collateral Loan in a sentence

  • Collateral, loan quality, and bank risk, Journal of Monetary Economics, 25(1), 21-42.Berger, A.N., and Udell, G.F. (1998).


More Definitions of Collateral Loan

Collateral Loan means a loan, debt obligation, debt security or Participation Interest that meets each of the following criteria at the time of acquisition thereof by the Borrower (or its binding commitment to acquire the same), provided, that for purposes of determining whether a Collateral Loan constitutes an Ineligible Collateral Loan at any time after the acquisition thereof by the Borrower (or its binding commitment to do the same), the criteria set forth in clauses (k) and (p) shall continue to be evaluated solely as of the date of acquisition thereof:
Collateral Loan means, individually and collectively, any Borrower Loan i which Borrower has granted to Lender a security interest and which has been pledged to Lender as Collateral.
Collateral Loan means a loan, debt obligation or debt security acquired by the Borrower (including Participation Interests).
Collateral Loan means, as applicable, a Mortgage Loan or a Mezzanine Loan.
Collateral Loan. Eligible Collateral Loan,” “Eligible Country,” “Class 1 Borrowing Base,” “Class 2 Borrowing Base,” “Class 3 Borrowing Base,” “Class 1 Minimum OC Coverage Test,” “Class 2 Minimum OC Coverage Test,” “Class 3 Minimum OC Coverage Test,” “Class 1 Loan,” “Class 2 Loan” or “Class 3 Loan” or any component thereof defined therein (in each case, other than any administrative, non-material amendment agreed to by the Borrower and the Administrative Agent); (h) modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof or (i) extend the Reinvestment Period, in each case to the extent such amendment, modification, waiver or supplement relates to such Lender.
Collateral Loan means, any Eligible Collateral consisting of a loan or an interest in a loan.
Collateral Loan means a loan acquired by the Borrower.