Collateral Manager Breaches definition

Collateral Manager Breaches shall have the meaning set forth in Section 10(a).
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Collateral Manager Breaches shall have the meaning set forth in Section 10(a). “Collateral Manager Debt” shall mean any Debt owned by the Collateral Manager, an Affiliate thereof, or any account, fund, client or portfolio established and controlled by the Collateral Manager or an Affiliate thereof or for which the Collateral Manager or an Affiliate thereof acts as the investment adviser or with respect to which the Collateral Manager or an Affiliate thereof exercises discretionary control thereover; provided that Collateral Manager Debt shall not include any Debt held by an entity managed by the Collateral Manager, the Sub-Advisor or an Affiliate thereof if such entity has retained discretionary voting authority over matters in connection with which Collateral Manager Debt would be disregarded for purposes of determining whether the holders of the requisite Aggregate Outstanding Amount of Debt have given any request, demand, authorization, direction, notice, consent or waiver under the Indenture or this Agreement. “Collateral Manager Offering Circular Information” shall mean the information in the Final Offering Circular set forth under the headings "Risk Factors—Relating to the Collateral Manager," "Risk Factors—Relating to Certain Conflicts of Interest—Certain Conflicts of Interest Relating to the Collateral Manager and its Affiliates," "The EU/UK Risk Retention Requirements and Transparency Requirements—Description of the EU/UK Retention Holder" and "The EU/UK Risk Retention Requirements and Transparency Requirements—Origination of Collateral Obligations," "The Collateral Manager and the Sub-Advisor". “Expenses” shall have the meaning set forth in Section 10(b). “Fee Basis Amount” shall mean, as of any date of determination, the sum of (i) the Collateral Principal Amount, (ii) the Aggregate Principal Balance of all Defaulted Obligations and
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Collateral Manager Breaches shall have the meaning set forth in Section 10(a). “Collateral Manager Information” shall mean the information in the Final Offering Circular set forth under the headings “Base Offering Circular—Risk Factors—Relating to the Collateral Manager” (including the subsections thereunder) and “Term Sheet—Certain Transaction Parties—The Collateral Manager”. “Collateral Manager Parties” shall have the meaning set forth in Section 10(a). “Collateral Manager Standard” shall have the meaning set forth in Section 2(a). “Cumulative Deferred Senior Servicing Fee” shall have the meaning set forth in Section 8(e). 2 “Cumulative Deferred Subordinated Servicing Fee” shall have the meaning set forth in Section 8(e). “Current Deferred Senior Servicing Fee” shall have the meaning set forth in Section 8(e). “Current Deferred Servicing Fees” shall have the meaning set forth in Section 8(e). “Current Deferred Subordinated Servicing Fee” shall have the meaning set forth in Section 8(e). “Expenses” shall mean losses, claims, damages, judgments, assessments, costs or other liabilities, together with reasonable fees and expenses (including reasonable fees and expenses of counsel). “Final Offering Circular” shall mean the offering circular, dated May 7, 2019, with respect to the Notes. “Indemnified Party” shall have the meaning set forth in Section 10(c). “Indemnifying Party” shall have the meaning set forth in Section 10(c). “Indenture” shall have the meaning set forth in the recitals hereto. “Instrument of Acceptance” shall have the meaning set forth in Section 12(c). “Issuer” shall have the meaning set forth in the preamble. “MassMutual” shall mean Massachusetts Mutual Life Insurance Company. “Organizational Instruments” shall mean the memorandum and articles of association or certificate of incorporation and bylaws (or the comparable documents for the applicable jurisdiction), in the case of a corporation, or the partnership agreement, in the case of a partnership, or the certificate of formation and limited liability company agreement (or the comparable documents for the applicable jurisdiction), in the case of a limited liability company. “Private Placement” shall have the meaning set forth in Section 5(b). “Proceedings” shall have the meaning set forth in Section 22. “Qualifying Affiliate” shall mean an Affiliate of the Collateral Manager that: (i) employs principal investment professionals which manage non-investment grade loans and that are actively involved in the servicing o...
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Examples of Collateral Manager Breaches in a sentence

  • The Collateral Manager shall indemnify the Issuer in respect of Collateral Manager Breaches subject to and in accordance with the Collateral Management Agreement.

  • The sector has continued to suffer due to the blockage of land, air, and marine ports for fish exports and other socio-economic challenges along the value chain due to the escalation of conflict in 2015.

  • Accordingly, during certain periods or in certain specified circumstances, the Collateral Manager may be unable to buy or sell Collateral Debt Obligations or to take other actions which it might consider in the best interest of the Issuer and the Noteholders, as a result of the restrictions set forth in the Collateral Management Agreement.The Collateral Manager shall indemnify the Issuer in respect of Collateral Manager Breaches subject to and in accordance with the Collateral Management Agreement.

  • The Collateral Manager is required to indemnify the Issuer for Collateral Manager Breaches in accordance with the Collateral Management Agreement and the Collateral Manager may be entitled to indemnification from the Issuer in respect of any such penalties levied on the Collateral Manager (See "Description of the Collateral Management Agreement – General" below).

  • The Collateral Manager is required to indemnify the Issuer for Collateral Manager Breaches in accordance with the Collateral Management and Administration Agreement and the Collateral Manager may be entitled to indemnification from the Issuer in respect of any pecuniary sanctions or administrative penalties imposed on the Collateral Manager in the absence of a Collateral Manager Breach (See "Description of the Collateral Management and Administration Agreement – Duties of the Collateral Manager" below).

  • Unfortunately, this argument conflates modernity with private property and private property with progress.


More Definitions of Collateral Manager Breaches

Collateral Manager Breaches has the meaning specified in Section 5(c).
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Related to Collateral Manager Breaches

  • Collateral Manager The meaning specified in the Preamble.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Collateral Management Fee means each of the Senior Management Fee, the Subordinated Management Fee and the Incentive Collateral Management Fee.

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Material Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;