Asset Tranche definition

Asset Tranche. At any time, a portion of the Asset Interest funded by any Purchaser Group selected by such Purchaser Group’s Purchaser Agent pursuant to and subject to the terms of Section 2.1.

Examples of Asset Tranche in a sentence

  • The applicable Earned Discount Rate may be different for each Asset Tranche funded by a Liquidity Funding.

  • One of the more important ones is the purpose of the surveillance equipment and which type of solution the company has been using in the past.

  • The applicable Earned Discount Rate may be different for each Asset Tranche.

  • The Administrator shall, from time to time for purposes of computing Earned Discount, divide the Asset Interest into Asset Tranches, and the applicable Earned Discount Rate may be different for each Asset Tranche.

  • The applicable Earned Discount Rate or CP Rate, as the case may be, and the maturity may be different for each Asset Tranche.

  • On or before 12:00 noon, Atlanta, Georgia, time on the Business Day before the last day of each CP Tranche Period or Yield Period, as the case may be, the Administrative Agent shall notify the Master Servicer of the amount of Earned Discount accrued with respect to any Asset Tranche corresponding to such CP Tranche Period or Yield Period, as the case may be.

  • For purposes of computing Earned Discount, the Seller and the Agent (subject to the limitations set forth herein) shall, upon each Purchase and upon the expiration or termination of the Yield Period applicable to such Asset Tranche, divide the Asset Interest into Asset Tranches, and the applicable Earned Discount Rate may be different for each Asset Tranche.

  • For purposes of determining the amounts required to be set aside by Servicer pursuant to Section 1.03, the Administrator, on Transferee's behalf, shall notify Servicer (and, if WestPoint is not Servicer, Transferor) from time to time of the Transferee's Tranche Investment of each Asset Tranche, the Earned Discount Rate applicable to each Asset Tranche and the rates at which fees and other amounts are accruing hereunder.

  • The applicable Earned Discount Rate may be different for each Asset Tranche funded by a Liquidity Funding or a Liberty Street Alternate Funding, as the case may be.

  • The Administrator shall, at the reasonable direction of Transferor, and from time to time for purposes of computing Earned Discount on that portion of the Asset Interest funded with Liquidity Fundings, divide the Asset Interest into Asset Tranches, and the Earned Discount Rate may be different for each Asset Tranche funded by a Liquidity Funding.


More Definitions of Asset Tranche

Asset Tranche means at any time a portion of the Aggregate Cash ------------- Investment selected by the Transferor pursuant to Section 2.06(a) or Section --------------- ------- 5.03. ---- "Available Commitment" shall mean, as of any date of determination -------------------- thereof, an amount equal to the amount by which the Aggregate Commitment exceeds the sum of the L/C Participation Amount and the Aggregate Cash Investment.
Asset Tranche means at any time a portion of the Senior Purchaser's ------------- Interest selected by the Administrator pursuant to Section 2.01. ------------

Related to Asset Tranche

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Refinancing Revolving Commitments means one or more Classes of commitments in respect of Revolving Loans hereunder that result from a Refinancing Amendment.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Extended Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).