Mixed Collateral definition

Mixed Collateral means the portion of the Pledged Mortgage Assets included in the Collateral with respect to which advances under the Term Loan (if any) are calculated and determined and, with respect to any unfunded future advances under such Collateral that the Administrative Agent determines to make in its discretion under the Revolving Loan Commitments, with respect to which Revolving Loans (if any) are determined and calculated; provided, however, Mixed Collateral shall be limited to the Mortgage Assets identified on Schedule 1.1(d).
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Mixed Collateral means collateral posted by reinsurers for the benefit of the Ceding Company that secures the obligations of such reinsurers to the Ceding Company under both the Ceded Reinsurance and other reinsurance ceded to such reinsurers by the Ceding Company.
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Mixed Collateral has the meaning set forth in the Reinsurance Agreement.
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Examples of Mixed Collateral in a sentence

  • Application Of Proceeds 56 7.1. Application of Proceeds in Distributions by the Directing Term Loan Collateral Agent 56 7.2. Application of Proceeds in Distributions by the ABL Facility Collateral Agent 57 7.3. Mixed Collateral Proceeds 59 Section 8.

  • This security interest shall also attach to all cash proceeds generated from the collection or sale of the above Mixed Collateral until such time as all amounts due under the Promissory Note have been paid in full.

  • Payments 27 4.1. Revolving Nature of ABL Claims 27 4.2. Application of Proceeds of ABL Priority Collateral 28 4.3. Application of Proceeds of Term Loan Priority Collateral 29 4.4. Payments Over 29 4.5. Application of Proceeds of Mixed Collateral 30 Section 5.

  • The Ceding Company shall (i) use commercially reasonable efforts to collect Ceded Reinsurance Recoveries under the Travelers Reinsurance Agreement and related to the Mixed Collateral and (ii) not settle, write-off or otherwise discharge other than for full payment any receivable under the Travelers Reinsurance Agreement or related to the Mixed Collateral without the prior written consent of the Reinsurer, such consent not to be unreasonably withheld, conditioned or delayed.

  • APPLICATION OF PROCEEDS 103 7.1. Application of Proceeds in Distributions by the First Lien Security Agent 103 7.2. Application of Proceeds in Distributions by the Revolving Facility Agent 105 7.3. Application of Proceeds in Distributions by the Second Lien Security Agent 107 7.4. Mixed Collateral Proceeds 108 SECTION 8.

  • The PainCare Sub shall file or cause to be filed a UCC-1 financing statements to perfect its security interest in the Mixed Collateral aforementioned.

  • Except as set forth on Section 3.13 of the Ceding Company Disclosure Schedule, no Mixed Collateral is posted pursuant to a Material Ceded Reinsurance Contract.

  • Payments 25 4.1 Revolving Nature of ABL Claims and Certain Term Loan Claims 25 4.2 Application of Proceeds of ABL Priority Collateral 26 4.3 Application of Proceeds of Term Loan Priority Collateral 26 4.4 Payments Over 27 4.5 Application of Proceeds of Mixed Collateral 27 Section 5.


More Definitions of Mixed Collateral

Mixed Collateral. “Mortgage”, “Mortgaged Property”, “Prepayment Trigger”, “Reinvestment Period”, “Required Prepayment Amount” set forth in Section 1.01 of the Credit Agreement are hereby deleted in their entirety.
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Mixed Collateral means any Disposition or Event of Loss involving (a) Equity Securities issued by any Person that has an interest in any ABL Priority Collateral, and/or (b) both ABL Priority Collateral and Senior Note Priority Collateral.
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