Examples of Collateral Assets in a sentence
The Issuer's only funds to make payments in respect of a Series of ETP Securities are the amounts received by the Issuer from the realisation of the Collateral Assets (as defined below).
Xx xxxxx pagabile come rimborso dei titoli ETP dipenderà dalla liquidazione dei Collateral Assets in relazione a tale serie.
The 2024-2 Exchange Note will be payable solely from Collections on the Collateral Assets included in the 2024-2 Designated Pool in accordance with the priorities in Section 5.1. For purposes of determining the Collections that are applicable to the 2024-2 Designated Pool, the Collateral Assets included in the 2024-2 Designated Pool will be deemed to have been included in the 2024-2 Designated Pool from and after the Cutoff Date.
In addition, the Borrower hereby Grants to the Collateral Agent on behalf of the 2024-2 Secured Parties a security interest in the Collateral and acknowledges and agrees that such Grant includes (but is not limited to) a Grant to the Collateral Agent on behalf of the 2024-2 Exchange Noteholder a security interest in the Collateral Assets included in the 2024-2 Designated Pool.
For each Series, the Issuer will create security over the Collateral Assets in respect of that Series for the benefit of, amongst others, the ETP Securityholders of that Series.