Credit Risk Obligations Sample Clauses

Credit Risk Obligations. The Portfolio Manager may direct the Trustee to sell any Credit Risk Obligation at any time during or after the Reinvestment Period without restriction.
Credit Risk Obligations. The Collateral Manager may direct the Trustee to sell any Credit Risk Obligation at any time without restriction; provided that the sale of a Credit Risk Obligation to an Affiliate shall be at a price at least equal to its Market Value and such Market Value shall not be determined pursuant to clause (iv) of the definition thereof; provided further that the Collateral Manager may direct the Trustee to sell any Credit Risk Obligation to an Affiliate of the Collateral Manager at no less than the par amount of such Credit Risk Obligation up to an aggregate amount (together with any sales of Defaulted Obligations sold to an Affiliate of the Collateral Manager pursuant to the second proviso in clause (c) below) of 10.0% of Total Capitalization measured as of the date of such sale.
Credit Risk Obligations. Subject to the satisfaction of the Portfolio Acquisition and Sale Requirements, the Collateral Manager may direct the Trustee to sell any Credit Risk Obligation at any time without restriction.
Credit Risk Obligations. The Borrower or the Collateral Manager may direct the Collateral Agent in writing to sell any Credit Risk Obligation at any time during or after the Reinvestment Period without restriction; provided that the sale of a Credit Risk Obligation to an Affiliate shall be at a price at least equal to its Market Value and such Market Value shall not be determined pursuant to clause (d) or (e) of the definition thereof.

Related to Credit Risk Obligations

  • Client Obligations 3.1 The Client shall:

  • Development Obligations 1. The College supports the development, production, and dissemination of copyrightable, trademarkable, patentable, and other intellectual properties by its employees.

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