Credit Structure definition

Credit Structure. On each Payment Date, the Investor Percentage of interest and principal collections (please see below) on the loans (net of the 0.50% servicing fee) will be used to pay the following amounts in the priority indicated:
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Examples of Credit Structure in a sentence

  • Please refer to the section entitled "Credit Structure" for further information.

  • This risk is mitigated to some extent by certain credit enhancement features which are described in the section entitled "Credit Structure".

  • See further Section 4.7 (Security) and Section 5 (Credit Structure) below.

  • Cooperative Banks come under three tier of Short Term Cooperative Credit Structure (STCCS).

  • See the sections entitled "Transaction Overview – Credit Structure and Cashflow" and "Credit Structure" for further details.

  • For a detailed description of the Tests, see paragraph "Tests" of section "Credit Structure" below.

  • For further explanation, please see "TRANSACTION OVERVIEW – Credit Structure and Cashflow".

  • See "Overview of Credit Structure and Cashflow - Income Deficiency" below.

  • See the section entitled "Credit Structure, Liquidity and Hedging" for further information.Bank Accounts and Cash Management:All Collections in respect of the Purchased Receivables in the Portfolio are received by the Servicer in its Collections Accounts.

  • As indicated in Credit Structure – Available Revenue Funds above, on each Quarterly Instruments Payment Date the Bullet Cap Proceeds Reserve Fund will form part of the Available Revenue Funds and be applied in accordance with the Pre-Enforcement Interest Priority of Payments on each Quarterly Instruments Payment Date.

Related to Credit Structure

  • Existing structure means any structure that is installed or approved for installation at the time a wireless services provider or wireless infrastructure provider provides notice to a locality or the Department of an agreement with the owner of the structure to co-locate equipment on that structure. "Existing structure" includes any structure that is currently supporting, designed to support, or capable of supporting the attachment of wireless facilities, including towers, buildings, utility poles, light poles, flag poles, signs, and water towers.

  • Sustainability Structuring Agent means X.X. Xxxxxx Securities LLC, in its capacity as sustainability structuring agent hereunder.

  • Structure means a walled and roofed building, a manufactured home, or a gas, liquid, or liquefied gas storage tank that is principally above ground.

  • Ramping Capability means the sustained rate of change of generator output, in megawatts per minute.

  • Parking Structure means a Building, or any part thereof, principally used for the parking of motor vehicles;

  • Credit Risk Manager’s Fee With respect to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) one twelfth, (b) the Credit Risk Manager’s Fee Rate and (c) the Scheduled Principal Balance of such Mortgage Loan as of the first day of the related Collection Period. Credit Risk Manager’s Fee Rate: 0.015% per annum.

  • Emergency Service Number or "ESN" is a three to five digit number representing a unique combination of Emergency Response Agencies (law enforcement, fire and emergency medical service) designed to serve a specific range of addresses within a particular geographical area. The ESN facilitates Selective Routing and transfer, if required, to the appropriate PSAP and the dispatch of proper Emergency Response Agency(ies).