Debt Collateral definition

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Debt Collateral means, in respect of a Series of Notes, the Debt Securities meeting the Debt Eligibility Criteria;

Debt Collateral means the following: (i) the Pledged Debt and all instruments evidencing the Pledged Debt, and all interest, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Debt after the Closing Date; and (ii) all additional indebtedness from time to time owed to each Grantor by any Issuer Subsidiary and the certificates and/or instruments evidencing such indebtedness, and all interest, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such indebtedness. “Delivery Date” has the meaning set forth in the Asset Purchase Agreement. 59 “Designated Address” means Global Corporate Trust, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, Attention: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ or such other location in the United States as may be notified in writing by the Security Trustee to the Issuer and the Trustee from time to time. “Excluded Payments” means payments in respect of (i) indemnities (including interest thereon, if applicable) payable (directly or indirectly) by a Lessee to an indemnitee (other than to a Grantor for its own account) pursuant to a Lease and (ii) proceeds of public liability insurance in respect of the Assets payable, directly or indirectly, as a result of insurance claims paid, or losses suffered, by a Person (other than a Grantor for its own account) and including, for the avoidance of doubt, the Lessee. “FAA Security Documents” means, collectively, each Asset Mortgage, each Asset Mortgage and Lease Security Assignment and each Lease Security Assignment. “French Security” has the meaning specified in Section 7.08. “Government Security” means any security that is issued or guaranteed by the United States of America or an agency or instrumentality thereof and that is maintained in book-entry on the records of the Federal Reserve Bank of New York and is subject to the Book-Entry Rules. “Grantors” has the meaning specified in the recital of parties to this Agreement. “Grantor Supplement” means a supplement to this Agreement in substantially the form attached hereto as Exhibit A-3 executed and delivered by an Issuer Subsidiary. “Hedge Agreements” means any interest rate or currency swap, cap, floor, Swaption, or other interest rate or currency hedging agreement between the Issuer and any hedge provider entered into in accordance with Section 5.02(f)(iv) of the Indenture. “Hedge ...

Examples of Debt Collateral in a sentence

In no event, however, does any Grantor waive any obligations of the Collateral Agent under applicable law to dispose of the Secured Debt Collateral in a commercially reasonable manner.
Each Intercompany Lender hereby agrees that (i) it shall not grant any Lien on the Pledged Debt Collateral to any Person except the Senior Secured Parties pursuant to the Senior Loan Documents and (ii) it shall not to consent to any action of any Person contrary to the terms of this Agreement, in each case, except as otherwise permitted under the Senior Loan Documents.
The Collateral Agent shall have the right at any time to seek instructions concerning the administration of the Secured Debt Collateral from any court of competent jurisdiction.
All such investments and the interest and income received thereon and therefrom and the net proceeds realized on the sale thereof shall be held in the Collateral Account as part of the Secured Debt Collateral.
If a receiver of the Secured Debt Collateral shall be required to be appointed in any judicial proceeding, The Bank of New York may be appointed as such receiver.
This Collateral Agent Agreement shall be binding upon and inure to the benefit of each of the parties hereto and shall inure to the benefit of the Secured Parties and their respective successors and assigns, and nothing herein or in any other Security Document is intended or shall be construed to give any other Person any right, remedy or claim under, to or in respect of this Collateral Agent Agreement, any other Security Document or the Secured Debt Collateral.
The Collateral Agent shall furnish to the Representatives promptly upon receipt thereof, a copy of each certificate or other paper furnished to the Collateral Agent by a Grantor under or in respect of this Collateral Agent Agreement, any other Security Document or any of the Secured Debt Collateral.
As security for such payment, the Collateral Agent shall have a Lien prior to the Obligations upon all Collateral and other property and funds held or collected by the Collateral Agent as part of the Secured Debt Collateral.
As a condition of the Subordinated Debt, ▇▇▇▇▇▇▇▇ pledged certain security as collateral for said Subordinated Debt ("Collateral"), including but not limited to all assets of the Borrower.
Each of the Revolving Facility Collateral Agent and the Term Debt Collateral Agent is executing and delivering this Agreement solely in its capacity as such and pursuant to direction set forth in the Revolving Facility Credit Agreement or the applicable Term Debt Document; and in so doing, neither the Term Debt Collateral Agent nor the Revolving Facility Collateral Agent shall be responsible for the terms or sufficiency of this Agreement for any purpose.

More Definitions of Debt Collateral

Debt Collateral means Single-family Collateral.

Debt Collateral means Subprime Single-family Collateral.

Debt Collateral means, collectively, (i) the First Lien Debt Collateral, (ii) the Second Lien Debt Collateral and (iii) the Third Lien Debt Collateral.

Debt Collateral means the following: (i) the Pledged Debt and all instruments evidencing the Pledged Debt, and all interest, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Debt after the Initial Closing Date; and (ii) all additional indebtedness from time to time owed to each Grantor by any Issuer Subsidiary and the certificates and/or instruments evidencing such indebtedness, and all interest, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such indebtedness. “Delivery Date” has the meaning set forth in the Asset Purchase Agreement. 59 [**] = Portions of this exhibit have been omitted pursuant to a confidential treatment request. “Designated Address” means Global Corporate Trust, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, Attention: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ or such other location in the United States as may be notified in writing by the Security Trustee to the Issuer and the Trustee from time to time. “Excluded Payments” means payments in respect of (i) indemnities (including interest thereon, if applicable) payable (directly or indirectly) by a Lessee to an indemnitee (other than to a Grantor for its own account) pursuant to a Lease and (ii) proceeds of public liability insurance in respect of the Assets payable, directly or indirectly, as a result of insurance claims paid, or losses suffered, by a Person (other than a Grantor for its own account) and including, for the avoidance of doubt, the Lessee. “FAA Security Documents” means, collectively, each Asset Mortgage, each Asset Mortgage and Lease Security Assignment and each Lease Security Assignment. “French Security” has the meaning specified in Section 7.08. “Government Security” means any security that is issued or guaranteed by the United States of America or an agency or instrumentality thereof and that is maintained in book-entry on the records of the Federal Reserve Bank of New York and is subject to the Book-Entry Rules. “Grantors” has the meaning specified in the recital of parties to this Agreement. “Grantor Supplement” means a supplement to this Agreement in substantially the form attached hereto as Exhibit A-3 executed and delivered by an Issuer Subsidiary. “Hedge Agreements” means any interest rate or currency swap, cap, floor, Swaption, or other interest rate or currency hedging agreement between the Iss...