Underlying Transactions definition

Underlying Transactions means any possible funding arrangement and/or coupon swap and/or any of the following funded or unfunded arbitrage-like financial transactions:
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Underlying Transactions means, when used in the singular, any of, and when used in the plural, all of, the transactions contemplated by each of 1998-D Insurance and Indemnity Agreement, the 1999-A Insurance and Indemnity Agreement, the 1999-B Insurance and Indemnity Agreement, the 1999-C Insurance and Indemnity Agreement, the 1999-D Insurance and Indemnity Agreement, the 2000-A Insurance and Indemnity Agreement, the 2000-B Insurance and Indemnity Agreement, the 2000-C Insurance and Indemnity Agreement, the 2000-D Insurance and Indemnity Agreement, the 2001-A Insurance and Indemnity Agreement, the 2001-B Insurance and Indemnity Agreement, the 2001-C Insurance and Indemnity Agreement, the 2001-D Insurance and Indemnity Agreement, the 2002-A Insurance and Indemnity Agreement, the 2002-B Insurance and Indemnity Agreement, the 1998-D Sale and Servicing Agreement, the 1999-A Sale and Servicing Agreement, the 1999-B Sale and Servicing Agreement, the 1999-C Sale and Servicing Agreement, the 1999-D Sale and Servicing Agreement, the 2000-1 Sale and Servicing Agreement, the 2000-A Sale and Servicing Agreement, the 2000-B Sale and Servicing Agreement, the 2000-C Sale and Servicing Agreement, the 2000-D Sale and Servicing Agreement, the 2001-1 Sale and Servicing Agreement, the 2001-A Sale and Servicing Agreement, the 2001-B Sale and Servicing Agreement, the 2001-C Sale and Servicing Agreement, the 2001-D Sale and Servicing Agreement, the 2002-A Sale and Servicing Agreement, the 2002-1 Sale and Servicing Agreement, the 2002-B Sale and Servicing Agreement, each insurance and indemnity agreement and each sale and servicing agreement entered into in connection with a Designated Term Series and all other transactions anticipated by the documents executed in connection with any of the foregoing.
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Underlying Transactions. The meaning specified in the Master Collateral and Intercreditor Agreement.
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Examples of Underlying Transactions in a sentence

  • SPREAD ACCOUNT/INSURANCE & INDEMNITY TRIGGERS The cumulative gross default and the cumulative net loss triggers, and the consequences thereof, with respect to existing Underlying Transactions will be those set forth on Annex II relating to Series 1997-C through 1999-C.

  • It is expressly understood that Lender has no responsibility or obligation whatsoever to provide to Borrower any further financing, whether in connection with the Applicable Underlying Transactions or otherwise.

  • Receipt by the Lender of reliance letters satisfactory to the Lender and its counsel from the Borrower's counsel as to those opinions given by the Borrower's counsel at the closing of each of the Underlying Transactions, including and not limited to, previously issued tax, true sale, perfection and nonconsolidation opinions.

  • Each letter from a firm of nationally recognized independent certified public accountants which has performed diligence on the loan documentation relating to Underlying Transactions for the underwriters of the related Series has been delivered to the Agent and each copy so delivered is true and correct.

  • There have not been any early amortization events, amortization events, credit triggers, defaults, or other event, that with either notice or the passage of time would constitute an event of default or events of default that have occurred with respect to the Underlying Transactions other than those that have been cured, duly waived or previously disclosed in writing by either the Borrower or NAFI to the Lender and FSA.

  • Borrower shall keep detailed accurate books and records of account in accordance with GAAP reflecting all financial transactions of Borrower with respect to the Applicable Underlying Transactions.

  • The Sellers agree to cooperate with Buyer and any third party underwriter in connection with such underwriting, including, but not limited to, providing Buyer and any third party underwriter with access to any and all documents, records, agreements, instruments or information relating to such Mortgage Loans, the Underlying Transactions and TPO Mortgage Loans in the possession, or under the control, of the Sellers.

  • Borrower shall report and include in gross income for Income Tax purposes in its consolidated, combined or unitary return the income from all of the Underlying Transactions and shall deduct the interest paid or accrued, in accordance with its applicable method of accounting for federal income tax purposes.

  • At any time and from time to time during regular business hours the Lender or any agent, delegee, successor or assign to it may visit and inspect the premises, offices, properties, books and records of the Borrower, NAFI and the Servicer (if a Person other than NAFI), and interview any of their employees or independent accountants for the purpose of discussing the performance of this transaction or any of the Underlying Transactions or the Contracts.

  • Borrower has, in all material respects, complied fully with all Applicable Laws in connection with the Applicable Underlying Transactions.


More Definitions of Underlying Transactions

Underlying Transactions means any of the following funded or unfunded arbitrage- like financial transactions whose maturities and/or notional amounts may be longer and/or higher, respectively, than the Maturity Date and principal amount of the relevant Notes:
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Related to Underlying Transactions

  • Factoring Transaction means any transaction or series of transactions that may be entered into by the Issuer or any Restricted Subsidiary pursuant to which the Issuer or such Restricted Subsidiary may sell, convey, assign or otherwise transfer Receivables Assets (which may include a backup or precautionary grant of security interest in such Receivables Assets so sold, conveyed, assigned or otherwise transferred or purported to be so sold, conveyed, assigned or otherwise transferred) to any Person that is not a Restricted Subsidiary; provided that any such Person that is a Subsidiary meets the qualifications in clauses (1) through (3) of the definition of “Receivables Subsidiary.”

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Financing Transactions means the execution, delivery and performance by each Loan Party of the Loan Documents to which it is to be a party, the borrowing of Loans, the use of the proceeds thereof and the issuance of Letters of Credit hereunder.

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.