Fixed Rate Collateral Obligations definition

Fixed Rate Collateral Obligations or “Bonds”: Collateral Obligations (other than Defaulted Obligations) that, at the time of determination, bear interest at a fixed rate.
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Fixed Rate Collateral Obligations means Collateral Obligations which bear interest at a fixed rate.
Sample 1Sample 2Sample 3

Examples of Fixed Rate Collateral Obligations in a sentence

  • The inability to enter into Interest Rate Hedge Transactions will also limit the Issuer's ability to hedge any interest rate mismatch between the Collateral Obligations and the Notes, thereby in some cases limiting its ability to invest in Fixed Rate Collateral Obligations.

  • The inability to enter into Interest Rate Hedge Transactions will also limit the Issuer’s ability to hedge any interest rate mismatch between the Collateral Obligations and the Notes, thereby in some cases limiting its ability to invest in Fixed Rate Collateral Obligations.

  • Depending on whether payments of principal on Fixed Rate Collateral Obligations or Floating Rate Collateral Obligations are invested in Substitute Collateral Obligations or used to repay principal on the Notes, subject to the Priorities of Payments, such fixed/floating rate mismatch and/or floating rate basis mismatch described above may be improved or may be made worse.

  • The inability to enter into Interest Rate Hedge Transactions will also limit theIssuer's ability to hedge any interest rate mismatch between the Collateral Obligations and the Notes, thereby in some cases limiting its ability to invest in Fixed Rate Collateral Obligations.

  • The inability to enter into Interest Rate Hedge Transactions will also limit the Issuer's ability to hedge any interest rate mismatch between the Collateral Obligations and the Debt, thereby in some cases limiting its ability to invest in Fixed Rate Collateral Obligations.

  • In the Commission’s view, such risks could be avoided, for example, simply by having Sheet 1 print out blank pages by default, instead of statements containing information of actual customers.

  • The Tenant shall not do or permit to be done any act or thing which may render void or voidable or conflict with the requirements of any policy of insurance, on the Lands and Premises, including any regulations of fire insurance underwriters applicable to such policy.

  • Many authors concentrate on the possibility of exploiting inventions of the Fourth Industrial Revolution, also known as Industry 4.0, to combat the pandemic and possible future pandemics, since traditional methods and procedures used in health care systems proved to be unreliable.

Related to Fixed Rate Collateral Obligations

  • Collateral Obligation means a commercial loan or participation interest therein or bond owned by the Borrower, excluding the Retained Interest thereon.

  • Delayed Drawdown Collateral Obligation A Collateral Obligation that (a) requires the Issuer to make one or more future advances to the borrower under the Underlying Documents relating thereto, (b) specifies a maximum amount that can be borrowed on one or more fixed borrowing dates, and (c) does not permit the re-borrowing of any amount previously repaid by the borrower thereunder; but any such Collateral Obligation will be a Delayed Drawdown Collateral Obligation only until all commitments by the Issuer to make advances to the borrower expire or are terminated or are reduced to zero.

  • Schedule of Collateral Obligations means the list or lists of Collateral Obligations attached to each Asset Approval Request and each Reinvestment Request. Each such schedule shall identify the assets that will become Collateral Obligations, shall set forth such information with respect to each such Collateral Obligation as the Borrower or the Facility Agent may reasonably require and shall supplement any such schedules attached to previously-delivered Asset Approval Requests and Reinvestment Requests.

  • General Obligation Bonds means, collectively, the Limited Tax General Obligation Bonds and the Unlimited Tax General Obligation Bonds.

  • General obligation bond means a Bond, the payment of principal of and interest on which is a General Obligation of the Authority.

  • Interest Rate Protection Obligations means the obligations of any Person pursuant to any Interest Rate Protection Agreements.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Hedge Collateral Defined in Section 5.3(b).

  • Liquidity Obligations means all principal, interest, fees and other amounts owing to the Liquidity Providers under the Liquidity Facilities, Section 8.1 of the Participation Agreements or the Fee Letters.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Junior Priority Obligations means the Original Second Lien Obligations and any Additional Obligations constituting Junior Priority Debt.

  • Refinancing Effective Date shall have the meaning assigned to such term in Section 2.21(j).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • First Lien Last Out Loan means a loan that, prior to an event of default under the applicable Related Contract, is entitled to receive payments pari passu with other senior secured loans of the same Obligor, but following an event of default under the applicable Related Contract, such Collateral Loan becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property. Fitch: Fitch, Inc., or its successor in interest.

  • Cash Collateral Order means an order entered by the Bankruptcy Court authorizing the Company to use cash collateral on a final (as opposed to interim) basis pursuant to sections 361 and 363 of the Bankruptcy Code, which order shall be acceptable to the Investor and shall contain a cash budget that is similar in all material respects to the budget attached hereto as Exhibit A.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Cash Collateral Orders means, collectively, the Interim Cash Collateral Order and the Final Cash Collateral Order.

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Senior Priority Obligations as defined in the Base Intercreditor Agreement.

  • Credit Facility Obligations means all “Obligations” (or any other defined term having a similar purpose) as defined in the Credit Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).