Liquid Loan definition
Liquid Loan means any Loan which is the subject of at least two bid quotations as reported on BBG or Markit (or any successor nationally recognized loan pricing service designated by Buyer).
Liquid Loan. A Loan which is the subject of at least two independent bid quotations as reported on IDC, Markit or BBG (or any successor nationally recognized loan pricing service designated by the Collateral Manager by notice to the Administrative Agent and the Collateral Agent).
Liquid Loan means any Loan which is the subject of at least two bid quotations as reported on Markit (or any successor nationally recognized loan pricing service designated by the Buyer). “Liquidation Agent” has the meaning given to such term in the Indenture. “Loan” has the meaning given to such term in the Indenture. “Markit” means Markit Ltd. and any of its subsidiaries, or any successor thereto. “Middle Market Illiquid Loan” means any obligation which (a) is an Illiquid Loan and (b) with respect to which the relevant Obligor's EBITDA for the most recent four fiscal quarters (or last twelve months if available) for which financial reports are available is less than $40,000,000. “▇▇▇▇▇’▇” has the meaning given to such term in the Indenture. “Non-Markit Loan” means any Loan for which prices are not reported on Markit (or any successor nationally recognized loan pricing service designated by the Buyer). “Portfolio Asset” has the meaning given to such term in the Indenture, provided that when the relevant asset is held by the Issuer, this definition shall be subject to “Determination of When Assets are Held” above. “Portfolio Asset Obligor” has the meaning given to such term in the Indenture. “Portfolio Asset Trade Date” means the date on which the Issuer enters into an agreement to purchase or sell a Portfolio Asset pursuant to an Issuer Order, as such term is defined in the Indenture, given by the Collateral Manager.
Examples of Liquid Loan in a sentence
The name of the Fund shall be “Capitala Senior Liquid Loan Fund I, LLC,” or such other name as approved by the Board of Managers.
Capitala Senior Liquid Loan Fund I, LLC By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: Manager By: /s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Manager By: /s/ ▇▇▇▇▇▇ ▇.
Date: January 31, 2013 Highbridge Liquid Loan Opportunities Master Fund, L.P. By: Highbridge Principal Strategies LLC, Its Investment Manager, as a Lender By: /s/ Jamie Donsky Name: Jamie Donsky Title: Vice President If a second signature is necessary: By: Name: Title: 1 RBC Capital Markets is a brand name for the capital markets businesses of Royal Bank of Canada and its affiliates.
More Definitions of Liquid Loan
Liquid Loan. The meaning specified in the Global Master Repurchase Agreement.
Liquid Loan. A Loan which is the subject of at least two independent bid quotations as reported on IDC, Markit or BBG (or any successor nationally recognized loan pricing service designated by the Collateral Manager by notice to the Administrative Agent and the Collateral Agent). “Liquid Portfolio Asset”: A Portfolio Asset that is a Liquid Loan or a Participation Interest in a Liquid Loan. “Loan”: Any loan which represents an obligation of the relevant Obligor that is (a) sourced or originated by the Seller or any of its Affiliates and which the Borrower acquires or (b) which the Borrower originates or acquires from a third party in the ordinary course of its business;