Reinvestment Collateral definition

Reinvestment Collateral means additional Collateral or Supporting Assets provided pursuant to Section 4.10(b)(2) of the Indenture.
Sample 1
Reinvestment Collateral means (i) Assets acquired as Permitted Consideration for a Collateral Disposition, (ii) Servicing P&I Advances, Servicing Corporate Advances, and Servicing T&I Advances arising under a Specified Servicer Advances Agreement, and (iii) other Eligible Assets acquired with Net Cash Proceeds of a Collateral Disposition, which assets shall be described in a Reinvestment Schedule delivered to the Lender Agent and the First Priority Collateral Agent on each Monthly Settlement Date as provided in Section 7.01(g), and which Reinvestment Schedule shall be accompanied by a Reinvestment Certificate; provided that the failure to deliver such Reinvestment Schedule or Reinvestment Certificate shall not relieve the Obligors of any of their obligations to treat such assets as Primary Collateral or to comply with the provisions of the Facility Documents relating to Primary Collateral. Schedule 1.01-29
Sample 1
Reinvestment Collateral means (i) Eligible Assets acquired as Permitted Consideration for a Collateral Disposition, (ii) Servicing P&I Advances, Servicing Corporate Advances and Servicing T&I Advances arising under an Eligible Servicing Advances Agreement and (iii) other Eligible Assets acquired with Net Cash Proceeds of a Collateral Disposition or otherwise designated by the Borrowers as new Primary Collateral or Supporting Assets to replace the assets subject to a Collateral Disposition, which Reinvestment Collateral shall be included in any Permanent Paydown Reports; provided that the failure to include such Reinvestment Collateral on any Permanent Paydown Report shall not relieve the Obligors of any of their obligations to treat assets acquired as Permitted Consideration for a Collateral Disposition or with Net Cash Proceeds of a Collateral Disposition as Primary Collateral or to comply with the provisions of the Facility Documents relating to Primary Collateral.
Sample 1

Examples of Reinvestment Collateral in a sentence

  • Since the date of the previously delivered Collateral Value and Reinvestment Certificate, $[•] of Net Cash Proceeds have been reinvested in Reinvestment Collateral in accordance with the terms of the Loan Agreement.

  • This Reinvestment Collateral is set forth on Exhibit C hereto as well as included in the Collateral Value Report delivered herewith.

  • Not later than five (5) Business Days after the Third Amendment Effective Date (or such later date as the Administrative Agent may agree in writing), establish the Reinvestment Collateral Account.


More Definitions of Reinvestment Collateral

Reinvestment Collateral means (i) Eligible Assets acquired as Permitted Consideration for a Collateral Disposition, (ii) Servicing P&I Advances, Servicing Corporate Advances and Servicing T&I Advances arising under an Eligible Servicing Advances Agreement, (iii) Reinvestment REO Property, ownership of which has been transferred to an REO Owner and (iv) other Eligible Assets acquired with Net Cash Proceeds of a Collateral Disposition or otherwise designated by the Borrowers as new Primary Collateral or Supporting Assets to replace the assets subject to a Collateral Disposition, which Reinvestment Collateral shall be included in any Permanent Paydown Reports; provided that the failure to include such Reinvestment Collateral on any Permanent Paydown Report shall not relieve the Obligors of any of their obligations to treat assets acquired as Permitted Consideration for a Collateral Disposition or with Net Cash Proceeds of a Collateral Disposition as Primary Collateral or to comply with the provisions of the Facility Documents relating to Primary Collateral.
Sample 1
Reinvestment Collateral means (i) Assets acquired as Permitted Consideration for a Collateral Disposition, (ii) Servicing P&I Advances, Servicing Corporate Advances, and Servicing T&I Advances arising under a Specified Servicer Advances Agreement, and (iii) other Eligible Assets acquired with Net Cash Proceeds of a Collateral Disposition or otherwise designated by the Borrowers as new Primary Collateral to replace the assets subject to a Collateral Disposition, which assets shall be described in a Reinvestment Schedule delivered to the Lender Agent and the First Priority Collateral Agent on each Monthly Settlement Date as provided in Section 7.01(g), and which Reinvestment Schedule shall be accompanied by a Reinvestment Certificate; provided that the failure to deliver such Reinvestment Schedule or Reinvestment Certificate shall not relieve the Obligors of any of their obligations to treat assets acquired as Permitted Consideration for a Collateral Disposition or with Net Cash Proceeds of a Collateral Disposition as Primary Collateral or to comply with the provisions of the Facility Documents relating to Primary Collateral.
Sample 1

Related to Reinvestment Collateral

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

  • UCC Collateral is defined in Section 3.03.

  • Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

  • 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.

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Purchase Agreement Collateral has the meaning specified in Section 6.9 of this Agreement.

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • 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.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Primary Collateral With respect to any Cross-Collateralized Mortgage Loan, any Mortgaged Property (or portion thereof) designated as directly securing such Cross-Collateralized Mortgage Loan and excluding any Mortgaged Property (or portion thereof) as to which the related lien may only be foreclosed upon by exercise of the cross-collateralization provisions of such Cross-Collateralized Mortgage Loan.

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

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

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

  • 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;

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Collateral has the meaning set forth in Section 2.

  • 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.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

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

  • Equity Collateral shall have the meaning set forth in Section 11.6 hereof.

  • Investment Related Property means: (i) all “investment property” (as such term is defined in Article 9 of the UCC) and (ii) all of the following (regardless of whether classified as investment property under the UCC): all Pledged Equity Interests, Pledged Debt, the Investment Accounts and certificates of deposit.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Threshold Event Collateral shall have the meaning assigned to such term in Section 5(g).