Delivered Collateral definition

Delivered Collateral means the Collateral delivered by the Issuer to the Swap Counterparty under the Default Swap as described in paragraph 20(B)(ii) below relating to such Credit Event.
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Delivered Collateral means the Collateral delivered by the Company to the Counterparty under the Credit Derivative Transaction below relating to the relevant Credit Event and satisfaction of the relevant Conditions to Settlement.
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Delivered Collateral means the Collateral delivered by the Issuer to the Swap Counterparty under the Default Swap as described in paragraph 22(B)(ii) below relating to such Credit Event.Purchases: (C) Condition 8.5 (Purchases) (as amended by paragraph 31 below) will apply to the Notes.Noteholders' Conditional Put Option: (D) Condition 8.8(B) will apply to theNotes (as amended by this sub- paragraph 13(D)), provided that the Noteholders shall not require the consent of the Swap Counterparty in order to exercise the option set out in Condition 8.8(B) (as amended by this sub- paragraph 13(D)) and that the Noteholders may only exercise their option to require the Issuer to redeem the Notes in whole (but not in part), at any time, pursuant to an Extraordinary Resolution of Noteholders holding or representing a majority in principal amount of the Notes for the time being outstanding, passed in accordance with Condition 13, if the Swap Counterparty has failed within a period of 30 calendar days of the relevant event to take such action as is provided under the terms of the Swap Agreement following a Swap Rating Downgrade (as defined in sub-paragraph 22(C)). Accordingly, the Issuer shall, within thirty Relevant Business Days from the date of such Extraordinary Resolution, by giving not less than five Relevant Business Days' irrevocable notice (in accordance with Condition 16 (as amended by paragraph 31)) (a "Redemption Notice") to the Noteholders, the Trustee, the Agent and the Custodian (but so that any requirement under Clause 4.1(G) of the General Trust Terms for Structured Investments arranged by Deutsche Bank AGLondon/Deutsche Bank Aktiengesellschaft; Standard & Poor's/Moody's Rated Issuer, August 2000 Edition or otherwise to have a Redemption Notice delivered to or approved by the Trustee before the giving thereof will not apply), redeem each Note at its pro rata share of the Notional Principal Amount together with interest accrued to the date fixed in the Redemption Notice (such date, the "Rating Downgrade Redemption Date" and such amount, the "Rating Downgrade Redemption Amount"). For such purpose, the Notional Principal Amount at the Rating Downgrade Redemption Date shall be calculated on the basis of Maximum Cash Settlement Amounts determined by reference to a Final Price for any Undetermined Reference Entities of 35 per cent.No other Optional Redemption: (E) Conditions 8.4, 8.6, 8.7 and 8.11will not apply to the Notes.Early Redemption: (F) The Notes shall be redeemed if, at...
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Examples of Delivered Collateral in a sentence

  • If the aggregate of the Outstanding Principal Amount of the Notes at any time is an amount equal to zero, this Transaction will terminate upon the delivery of the Delivered Collateral by Party B to Party A in respect of outstanding Cash Settlement Amounts pursuant hereto and no further payment (including any payments in respect of 6(e) of the Agreement) or other obligation will be due from a party to the other in respect of this Transaction.

  • On each Cash Settlement Date (as defined in the Default Swap) in respect of a Credit Event (as defined in the Default Swap), the Outstanding Principal Amount of each Note shall be reduced by an amount in USD (a “Principal Amount Reduction”) determined by the Swap Calculation Agent in respect of any Cash Settlement Date, as being an amount in USD equal to the nominal amount of the Delivered Collateral delivered on such Cash Settlement Date, divided by the number of Notes on such Cash Settlement Date.

  • If the aggregate Outstanding Principal Amount of the Notes at any time is an amount equal to zero, this Transaction will terminate upon the delivery of the Delivered Collateral, by Party B to Party A in respect of payments of Cash Settlement Amounts pursuant to the Default Swap (as more fully described therein), and no further payment (including any payments in respect of Section 6(e) of the Agreement) or other obligation will be due from one party to the other in respect of this Transaction.

  • For a Secured Allocated Collateral Loan or a Secured Delivered Collateral Loan, initial payment of the Loan Amount shall be made by the Secured Lender in U.S. Dollars to the Secured Borrower by 5:30 p.m. (Chicago, Illinois Time) on the Secured Loan Term Start Date.

  • The major attributes of God, i.e. Loving, Just, Omnipresent, Omniscient, Creator, etc.

  • On each Cash Settlement Date (as defined in the Default Swap) in respect of a Credit Event under the Reference Swap, the Outstanding Principal Amount of each Note shall be reduced by an amount in EUR (a "Principal Amount Reduction") determined by the Swap Calculation Agent, in respect of any Cash Settlement Date equal to the nominal amount of the Delivered Collateral delivered on such Cash Settlement Date, divided by the number of Notes outstanding on such Cash Settlement Date.

  • On each Cash Settlement Date (as defined in the Default Swap) in respect of a Credit Event (as defined in the Default Swap), the Outstanding Principal Amount of each Note shall be reduced by an amount in USD (a “Principal Amount Reduction”) determined by the Swap Calculation Agent in respect of any Cash Settlement Date, as being an amount in USD equal to the nominal amount of the Delivered Collateral delivered on such Cash Settlement Date,divided by the number of Notes on such Cash Settlement Date.

  • On each Cash Settlement Date (as defined in the Default Swap) in respect of a Credit Event (as defined in the Default Swap), the Outstanding Principal Amount of each Note shall be reduced by an amount in USD (a “Principal Amount Reduction”) determined by the Swap Calculation Agent in respect of any CashSettlement Date, as being an amount in USD equal to the nominal amount of the Delivered Collateral delivered on such Cash Settlement Date, divided by the number of Notes on such Cash Settlement Date.

  • Better Legal documentation: Single Loan Securitized Debt structures involve better legal documentation than Non Convertible Debenture (NCD) investments.

  • It is hereby understood that the Custodian shall have no duty to solicit any payments that may be due in connection with the Delivered Collateral.


More Definitions of Delivered Collateral

Delivered Collateral means, in respect of each Cash Settlement Amount, a nominal amount of Bond Collateral, the Collateral Market Value of which shall be an amount, determined by the Swap Calculation Agent which is not less than the greater of (i) the applicable Collateral Floor Amount and (ii) the Applicable Collateral Market Value, provided that:
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Delivered Collateral means the
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Delivered Collateral means the Collateral delivered by the Issuer
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Related to Delivered Collateral

  • Combined Collateral LLC: Combined Collateral LLC, a Delaware limited liability company.

  • Shared Collateral means, at any time, Collateral in which the holders of Senior Obligations under at least one Senior Facility and the holders of Second Priority Debt Obligations under at least one Second Priority Debt Facility (or their Representatives) hold a security interest at such time (or, in the case of the Senior Facilities, are deemed pursuant to Article II to hold a security interest). If, at any time, any portion of the Senior Collateral under one or more Senior Facilities does not constitute Second Priority Collateral under one or more Second Priority Debt Facilities, then such portion of such Senior Collateral shall constitute Shared Collateral only with respect to the Second Priority Debt Facilities for which it constitutes Second Priority Collateral and shall not constitute Shared Collateral for any Second Priority Debt Facility which does not have a security interest in such Collateral at such time.

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • As-Extracted Collateral means “as-extracted collateral” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.

  • Permitted Collateral Liens means any “Permitted Liens” other than Liens specified in clauses (2), (3), (4), (5), (14) or (18) of the definition of “Permitted Liens.”

  • UCC Collateral is defined in Section 3.03.

  • Pledged or Controlled Collateral has the meaning assigned to such term in Section 5.05(a).

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Posted Collateral means all Eligible Collateral, other property, Distributions, and all proceeds thereof that have been Transferred to or received by the Secured Party under this Annex and not Transferred to the Pledgor pursuant to Paragraph 3(b), 4(d)(ii) or 6(d)(i) or released by the Secured Party under Paragraph 8. Any Interest Amount or portion thereof not Transferred pursuant to Paragraph 6(d)(ii) will constitute Posted Collateral in the form of Cash.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Control Collateral means any Collateral consisting of any Certificated Security (as defined in Section 8-102 of the Uniform Commercial Code), Investment Property, Deposit Account, Instruments and any other Collateral as to which a Lien may be perfected through possession or control by the secured party, or any agent therefor.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Swap Collateral means, at any time, any asset (including, without limitation, cash and/or securities) which is paid or transferred by a Swap Provider to the Guarantor (and not transferred back to the Swap Provider) as credit support to support the performance by such Swap Provider of its obligations under the relevant Swap Agreement together with any income or distributions received in respect of such asset and any equivalent of such asset into which such asset is transformed; for greater certainty, Contingent Collateral shall at all times be excluded from Swap Collateral;

  • First Priority Lien Obligations means (i) all Secured Bank Indebtedness, (ii) all other Obligations (not constituting Indebtedness) of the Issuer and its Restricted Subsidiaries under the agreements governing Secured Bank Indebtedness and (iii) all other Obligations of the Issuer or any of its Restricted Subsidiaries in respect of Hedging Obligations or Obligations in respect of cash management services, in each case owing to a Person that is a holder of Indebtedness described in clause (i) or Obligations described in clause (ii) or an Affiliate of such holder at the time of entry into such Hedging Obligations or Obligations in respect of cash management services.

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Excluded Collateral shall have the meaning assigned to such term in the Security Agreement.

  • Permitted Priority Liens means Liens permitted under any of the clauses (b), (c), (d), (e), (f) or (i) of Section 9.02.

  • Purchase Agreement Collateral has the meaning specified in Section 6.9 of this Agreement.

  • Contested Collateral Lien Conditions means, with respect to any Permitted Lien of the type described in clauses (a), (b), (e) and (f) of Section 6.02, the following conditions:

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.

  • Senior Collateral Documents means the Security Agreement and the other “Collateral Documents” as defined in the Credit Agreement, the First Lien Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any other Grantor for purposes of providing collateral security for any Senior Obligation.