Mixed Collateral definition

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 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 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 has the meaning set forth in the Reinsurance Agreement.
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Examples of Mixed Collateral in a sentence

  • Mixed Collateral Transactions For any transaction where both real property and personal property secure the same indebtedness and separate policies of title insurance are simultaneously issued by the Company as to real property and personal property, the premium payable for the policy insuring a security interest on personal property shall be reduced by 10%.

  • 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.

  • Mixed Collateral TransactionsIn transactions of any amount where both personal property and real property secure the same indebtedness, and Stewart policies are simultaneously issued on both the real property and personal property, the rate for the Article 9 Comprehensive Plus™ Policies shall be ninety percent (90%) of the applicable rate, but in no event less than$500 for each policy.

  • Mixed Collateral Transactions In a transaction where both real property and personal property secure the same indebtedness and the Company simultaneously issues policies of title insurance covering both the real and personal property, the charge for the UCC Insurance Policy shall be ninety-percent (90%) of the UCC Insurance Rate shown above, minimum charge $500.00.

  • 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.

  • The review welcomes the contribution made by the Family Court at Leicester and, separately, from Her Majesty’s Court Service (HMCTS).

  • Notably, the IRS did not take the position that the Interest Apportionment Regulation provided the only reasonable or permitted methodology to make this determination.2 Although NAREIT has requested direct guidance on the asset test implications of Mixed Collateral Loans, NAREIT does not believe that the asset test treatment of Mixed Collateral Loans necessarily is governed by the Interest Apportionment Regulation.

  • Similarly, by issuing PLR 199923006, the IRS in effect both acknowledged that the provisions of the Code did not address to what extent a Mixed Collateral Loan constitutes a real estate asset, and that the IRS could (and should) provide guidance to taxpayers regarding the application of the Code to a particular loan.

  • 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.

  • Alternatively, you may also like to mention the unique or innovative process adopted to implement the idea or initiative.


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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Related to Mixed 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.

  • 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.

  • 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.”

  • 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.

  • 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.

  • UCC Collateral is defined in Section 3.03.

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

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

  • Foreign Collateral means that portion of the Collateral securing the Foreign 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.

  • Second Lien 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 Second Lien Obligations.

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • 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.

  • 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.

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

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

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Equivalent Collateral means, with respect to any security constituting Posted Collateral, a security of the same issuer and, as applicable, representing or having the same class, series, maturity, interest rate, principal amount or liquidation value and such other provisions as are necessary for that security and the security constituting Posted Collateral to be treated as equivalent in the market for such securities;

  • Canadian Collateral means any and all property of any Canadian Loan Party covered by the Collateral Documents and any and all other property of any Canadian 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 Canadian Secured Obligations.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • 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:

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • First Lien 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 First Lien Obligations.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Permitted Security Interest means any Security Interest: