Examples of Collateral Manager in a sentence
The aggregate amount of all Collateral Manager Advances shall not, cumulatively, exceed 1.0 per cent.
Each Collateral Manager Advance may bear interest at a rate determined by the Collateral Manager at its commercially reasonable discretion and notified to the Collateral Administrator provided that such rate of interest shall not exceed a rate of EURIBOR (where EURIBOR shall be floored at zero for such purpose) plus 2.0 per cent.
However, the Collateral Manager is under no obligation to make any Collateral Manager Advance.
We have not verified, and we make no representation as to, the accuracy, completeness or reasonableness of the Source Documents, Multiple Property Loan Calculation Methodologies, Provided Characteristics, Draft Preliminary Offering Memorandum or any other information provided to us by the Collateral Manager, on behalf of the Issuer, upon which we relied in forming our findings.
The Applicable Margin or spread over EURIBOR, in the case of the Floating Rate Notes, and the Class B-2 Fixed Rate of Interest, in thecase of the Fixed Rate Notes may be reduced pursuant to a refinancing in accordance with Condition 7(b)(ii) ( Optional Redemption in Part – Subordinated Noteholders or Collateral Manager).