Credit Assets definition

Credit Assets means consumer loans, loans to SMEs and other counterparties, corporate loans, real estate loans and advances and loans against corporate trade receivables and/or purchases of corporate trade receivable, together with any other asset of the Company of any description, the acquisition of which is authorised under the Investment Policy;

Examples of Credit Assets in a sentence

  • AFG will execute and file such financing and continuation statements and any other documents reasonably requested by AFG Credit to be filed or which may be required by any law or regulation of any Governmental Authority to preserve and protect fully the interest of AFG Credit and the Assignee in, to and under the Assets and the AFG Credit Assets.

  • AFG will comply, in all material respects, with all laws and regulations of any Governmental Authority applicable to AFG, the Leases or the AFG Credit Leases and the related Equipment and Lease Files or any part thereof; provided that AFG may contest any such law or regulation in any reasonable manner which will not materially and adversely affect the value of (or the rights of AFG Credit or the Assignee, with respect to) the Assets or the AFG Credit Assets.

  • The Administrative Agent may rely, in determining which Credit Assets are Eligible Credit Assets (or Eligible Subordinated Credit Assets or Eligible First Lien Credit Assets), Private Assets are Eligible Private Assets and Public Equities are Eligible Public Equities on all statements and representations made by the Loan Parties in respect of such Credit Assets, Private Assets and Public Equities.

  • If THE REINSURER elects to furnish security in the form of one or more Letters of Credit, Assets in Trust, or Funds Withheld to avoid THE COMPANY’s right of recapture under Section 20 of this Agreement, any such security must meet the requirements set forth in Sections 13, 14 and 15 of Schedule A attached hereto.

  • If at any point in the future during the term of this Agreement, THE REINSURER is deemed insolvent, THE COMPANY’s right of recapture in Section 20 of this Agreement will be triggered unless THE REINSURER elects to, and does, provide, on a timely basis, security in the form of a Letter of Credit, Assets in Trust, or Funds Withheld to THE COMPANY.

  • No transaction, stamp, capital, issuance, registration, transfer, withholding or other Taxes are required to be paid by Administrative Agent or any Lender in connection with any transfer of Public Equities, Credit Assets, or other Collateral to Administrative Agent or such Lender exercising its rights with respect thereto under the Loan Documents (including a foreclosure sale or other disposition).

  • If at any point in the future during the term of this Agreement, THE REINSURER is deemed insolvent, THE COMPANY's right of recapture in Section 20 of this Agreement will be triggered unless THE REINSURER elects to, and does, provide, on a timely basis, security in the form of a Letter of Credit, Assets in Trust, or Funds Withheld to THE COMPANY.

  • AFG understands that AFG Credit intends to assign all its right, title and interest in, to and under the Assets and the AFG Credit Assets to the Assignee pursuant to the Pooling and Servicing Agreement.

  • If THE REINSURER elects to furnish security in the form of one or more Letters of Credit, Assets in Trust, or Funds Withheld to avoid THE COMPANY's right of recapture under Section 20 of this Agreement, any such security must meet the requirements set forth in Sections 13, 14 and 15 of Schedule A attached hereto.

  • Outstanding borrowings under the Credit Loans to the maximum extent of the Credit Commitment shall not at any time exceed the aggregate Market Value of the Eligible Credit Assets.