Ineligible Collateral Loan definition

Ineligible Collateral Loan means, at any time, a Collateral Loan or any portion thereof, that fails to satisfy any criteria of the definition of Eligible Collateral Loan as of the date when such criteria are applicable (other than any criteria that has been waived pursuant to the definition thereof); it being understood that such criteria in the definition of Eligible Collateral Loan that is specified to be applicable only as of the date of acquisition of such Collateral Loan shall not be applicable after the date of acquisition of such Collateral Loan.
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Ineligible Collateral Loan means, at any time, a loan or other obligation, or any portion thereof, that fails to satisfy any criteria of the definition of “Eligible Loan” giving effect to the proviso in the introductory language to the definition of “Eligible Loan”.
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Ineligible Collateral Loan means, at any time, a Collateral Loan or any portion thereof, that fails to satisfy any criteria of the definition of Eligible Collateral Loan as of the date when such criteria are applicable.
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Examples of Ineligible Collateral Loan in a sentence

  • If any amendment, consent, waiver or other modification with respect to a Related Document (other than a Defaulted Collateral Loan or an Ineligible Collateral Loan) would effect a Material Modification, then the Borrower shall not cause or vote in favor of any such Material Modification without the written consent of the Administrative Agent and the Required Lenders.

  • In the case of a sale of a Defaulted Collateral Loan, a Credit Risk Collateral Loan or an Ineligible Collateral Loan to an Affiliate of the Borrower at a price less than the original percentage of par paid by the Borrower, the purchase price shall not be less than the Market Value of such Defaulted Collateral Loan, Credit Risk Collateral Loan or Ineligible Collateral Loan.

  • If any amendment, consent, waiver or other modification with respect to a Related Document (other than a Defaulted Collateral Loan or an Ineligible Collateral Loan) would effect a Material Modification, then the Collateral Manager shall not cause or vote in favor of any such Material Modification to occur without the written consent of the Administrative Agent and the Required Lenders.

  • The Borrower may also sell any Ineligible Collateral Loan or any portion of any Collateral Loan that is allocated to the Excess Concentration Amount at any time unless an Event of Default has occurred and is continuing (but otherwise without restriction).

  • This is achieved by requiring users to provide the information system with some information that is known by the information system to be associated with the user in question.

  • The text of the United States’ final comments was submitted in English.

  • For information on the availability of thismaterial at NARA, call 202–741–6030, or go to: http://www.archives.gov/federal_register/ code_of_federal_regulations/ibr_ locations.html.Issued in Renton, Washington, on February 24, 2010.Jeffrey E.

  • The Borrower (and the Collateral Manager on its behalf) shall not consent to any amendment or other modification of any Collateral Loan or any Related Document for any Collateral Loan (i) that would result in an Event of Default, (ii) after the occurrence and continuance of an Event of Default or (iii) that would cause any Collateral Loan to become an Ineligible Collateral Loan, in each case without the prior written consent of the Administrative Agent in its sole discretion.

  • The Borrower (and the Servicer on its behalf) shall not consent to any amendment or waiver of or supplement to any Collateral Loan or any Related Document for any Collateral Loan (i) that would result in a Default or an Event of Default, (ii) after the occurrence and during the continuance of an Event of Default or (iii) that would cause any Collateral Loan to become an Ineligible Collateral Loan.

  • Each Transferred Collateral Loan that is Conveyed hereunder is not, at the time of such Conveyance, an Ineligible Collateral Loan.


More Definitions of Ineligible Collateral Loan

Ineligible Collateral Loan means, at any time, a Collateral Loan or any portion thereof, that fails to satisfy any criteria of the definition of Eligible Collateral Loan as of any date when such criteria are applicable thereto; it being understood that such criteria in the definition of Eligible Collateral Loan that are specified to be applicable only as of the date of acquisition of such Collateral Loan shall not be applicable after the date of acquisition of such Collateral Loan.
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Ineligible Collateral Loan means, at any time, a loanLoan or other obligationBond, or any portion thereof, that fails to satisfy any criteria of the definition of “Collateral Loan” giving effect to the proviso in the introductory language to the definition of “Collateral Loan”.
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Ineligible Collateral Loan means, at any time, a Collateral Loan (other than a Reapproved Collateral Loan) that does not meet each of the Eligible Collateral Loan Criteria at such time (whether as a result of a Specified Change or otherwise), other than any of the Eligible Collateral Loan Criteria waived by the Blackstone Asset Based Finance Representative in accordance with the definition thereof.
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Ineligible Collateral Loan means, at any time, a Collateral Loan, that fails to satisfy any criteria of the definition of “Eligible Loan” after the date of acquisition thereof by the Borrower (i.e., determined as of such date).
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Ineligible Collateral Loan means, at any time, a loan or other obligation, or any portion thereof, that fails to satisfy any criteria of the
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Ineligible Collateral Loan means, at any time, a Collateral Loan or any portion thereof, that fails to satisfy any criteria of
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Related to Ineligible Collateral Loan

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

  • Hedge Collateral Defined in Section 5.3(b).

  • Eligible Mortgage Loan means a Mortgage Loan:

  • Eligible Loan means a Loan offered for sale or substituted by Seller under a Sale Agreement which as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the related Subsequent Cutoff Date, in the case of any Additional Loan or Substituted Loan, is current or not more past due than permitted under such Sale Agreement in payment of principal or interest and which meets the following criteria as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the effective date of the related Xxxx of Sale, in the case of any Additional Loan or Substituted Loan: