Originator Requirement definition

Originator Requirement means, at any time, the condition that (x) the nominal amount of Collateral Loans acquired (or committed to be acquired) or originated by the Borrower that meet either of the following conditions is at least equal to (y) 50% of the nominal amount of all Collateral Loans acquired (or committed to be acquired) or originated by the Borrower for which the Retention Provider:
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Originator Requirement means the requirement which will be satisfied if:
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Originator Requirement means the requirement which will be satisfied if, on the Original Issue Date:
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Examples of Originator Requirement in a sentence

  • Further, the Issuer may only acquire a Collateral Debt Obligation that is not an Originated Collateral Debt Obligation if, immediately following such purchase, the Originator Requirement is satisfied.

  • Furthermore, the Issuer may only acquire a Collateral Obligation at certain times if, immediately following such purchase, the Originator Requirement is satisfied (solely in accordance with the definition thereof and only to the extent such requirement has not been modified in accordance with paragraph (II) of the proviso to such definition).

  • The Issuer and the Investment Manager will therefore be reliant on the Retention Holder’s discretion in the sale of Originator Assets in order to maintain compliance with the Originator Requirement.

  • The Issuer and the Collateral Manager will therefore be reliant on the Retention Holder’s discretion in the sale of Originator Assets in order to maintain compliance with the Originator Requirement.

  • The Issuer and the Collateral Manager will therefore be reliant on the Retention Holder's discretion in the sale of Collateral Obligations in order to maintain compliance with the Originator Requirement.

  • The Customer agrees that REACH may collect, retain and use Customer Information in relation to the Services in order to enable REACH to exercise its rights and perform its obligations under this Contract or as otherwise required by Applicable Law.

  • The Collateral Manager is not permitted to reinvest in Substitute Collateral Obligations where such reinvestment would cause a Retention Deficiency and the Collateral Manager may only acquire a Collateral Obligation on behalf of the Issuer if either (i) the Originator Requirement is satisfied, or (ii) if the Originator Requirement is not satisfied, such Collateral Obligation is acquired from the Retention Holder.

  • Furthermore, the Issuer may only acquire a Collateral Obligation if, immediately following such purchase, the Originator Requirement is satisfied (solely in accordance with the definition thereof and only to the extent such requirement has not been modified in accordance with paragraph (II) of the proviso to such definition).

  • Furthermore, the Issuer may only acquire a Collateral Debt Obligation at certain times if, immediately following such purchase, the Originator Requirement is satisfied (solely in accordance with the definition thereof).

  • He reviewed the motions made by the MOPC related to the Mid-Level Design and discussed two action items for the MWG.


More Definitions of Originator Requirement

Originator Requirement has the meaning set forth in the definition of "Eligibility Criteria."
Sample 1
Originator Requirement means, at any time, the condition that (x) the nominal amount of Collateral Loans acquired (or committed to be acquired) or originated by the Borrower that meet either of the following conditions is at least equal to (y) 50% of the nominal amount of all
Sample 1
Originator Requirement means the requirement that:
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Originator Requirement. The requirement that will be satisfied if:
Sample 1
Originator Requirement means the requirement which will be satisfied if, on the Original Closing Date:
Sample 1
Originator Requirement means the requirement which will be satisfied if the Aggregate Principal Balance of Collateral Obligations and Loss Mitigation Obligations which were acquired by the Issuer (directly or indirectly) from the Originator divided by the Collateral Principal Amount is greater than 50.0 per cent. (as calculated by the Collateral Administrator with the assistance of, and in consultation with, the Collateral Manager).
Sample 1

Related to Originator Requirement

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Periodic Billing Requirement means, for any Remittance Period, the aggregate amount of Charges calculated by the Servicer as necessary to be billed during such period in order to collect the Periodic Payment Requirement on a timely basis.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Rebate Requirement means the amount of arbitrage profits earned from the investment of gross proceeds of Tax-exempt Bonds in nonpurpose investments described in Section 148(f)(2) of the Code and defined as "Rebate Amount" in Section 1.148-3 of the Treasury Regulations, which is payable to the United States at the times and in the amounts specified in such provisions.

  • Liquidity Requirement shall have the meaning as set forth in Section 2.12(b).

  • Administrative Requirement means any required notice, filing or other similar administrative requirements (other than any requirement for Consent or any Eligibility Requirements) for the Transfer of any Appointment to the applicable Purchaser as set forth in the related Corporate Trust Contract.

  • Applicable requirement means all of the following as they apply to emission units in a source requiring an air quality operating permit (including requirements that have been promulgated or approved by the Department or the administrator through rule making at the time of issuance of the air quality operating permit, but have future-effective compliance dates, provided that such requirements apply to sources covered under the operating permit):

  • Security Requirement means the amount in Dollars (as certified by the Agent whose certificate shall, in the absence of manifest error, be conclusive and binding on the Borrowers and the Creditors) which is, at any relevant time:

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • Reserve Account Requirement means on any Payment Date, an amount equal to at least $20,357,398.13; provided, however, that on any Payment Date (after taking into account all distributions from the 2016-B SUBI Collection Account on such date) on which the Note Balance is zero, the “Reserve Account Requirement” shall be an amount equal to $0.

  • Rating Agency Guidelines means the Fitch Guidelines and any Other Rating Agency Guidelines as they exist from time to time.

  • Privacy Requirements shall have the meaning set forth in Section 3.19.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Energy efficiency portfolio standard means a requirement to

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • Mandatory City Requirements means those City laws set forth in the San Francisco Municipal Code, including the duly authorized rules, regulations, and guidelines implementing such laws that impose specific duties and obligations upon Contractor.

  • Capital Requirements Directive means Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, as amended or replaced from time to time.

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • Federal poverty guidelines means the poverty guidelines published annually in the Federal Register by the United States Department of Health and Human Services under its authority to revise the poverty line under section 673(2) of subtitle B of title VI of the omnibus budget reconciliation act of 1981, 42 USC 9902.

  • Collateral Requirement means the requirement that:

  • Operational requirements means the need to ensure that the Agency is to be operated as effectively, efficiently and economically as possible.

  • performance requirement means a requirement that:

  • Authority Requirements means the operational requirements, functions and characteristics of the Framework set out in Schedule 1 (Statement of Requirements)

  • Debt Service Requirement means the sum of (i) interest expense (whether paid or accrued and including interest attributable to Capital Leases), (ii) scheduled principal payments on borrowed money, and (iii) capitalized lease expenditures, all determined without duplication and in accordance with GAAP.