Eligible Collateral Loan definition
Eligible Collateral Loan means, as of any date of determination, a Collateral Loan that meets each of the following criteria:
Eligible Collateral Loan means a Collateral Loan that (1) has been approved by the Administrative Agent prior to the acquisition thereof by the Borrower and (2) satisfies each of the following eligibility requirements on any date of determination (unless otherwise expressly waived by the Administrative Agent on a case-by-case basis):
Eligible Collateral Loan. “Eligible Country,” “Minimum Equity Amount,” “Collateral Quality Test,” “Tranche A Borrowing Base,” “Tranche B Borrowing Base,” “Tranche C Borrowing Base,” “Tranche A Minimum OC Coverage Test,” “Tranche B Minimum OC Coverage Test,” “Tranche C Minimum OC Coverage Test,” “Tranche A Collateral Loan,” “Tranche B Collateral Loan,” “Tranche C Collateral Loan,” or any Collateral Quality Test set forth therein or component thereof defined therein; (h) modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof or (i) extend the Reinvestment Period.
Examples of Eligible Collateral Loan in a sentence
Each contribution shall either be made (a) in Cash (in which event such contributions shall be made by deposit into the Collection Account), (b) by assignment and contribution of an Eligible Investment and (c) by assignment of a Collateral Loan that is an Eligible Collateral Loan.
Notwithstanding Section 10.01(a), if on any day a Collateral Loan is no longer an Eligible Collateral Loan, the Borrower shall either make a deposit of the funds and/or deliver one or more replacement Collateral Loans for such Ineligible Collateral Loan, in each case pursuant to the Contribution Agreement and in accordance with Section 10.03.
More Definitions of Eligible Collateral Loan
Eligible Collateral Loan. “Eligible Country”, “Minimum Equity Amount”, “Collateral Quality Test”, or any Collateral Quality Test set forth therein or component thereof defined therein; (h) modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof or (i) extend the Reinvestment Period.
Eligible Collateral Loan means, as of any date of determination, a Collateral Loan that meets each of the following
Eligible Collateral Loan has the meaning set forth in Section 2(b)(ii).
Eligible Collateral Loan. “Eligible Country,” “Interest Coverage Ratio,” “Interest Coverage Ratio Test”, “Minimum Equity Amount,” “Class 1 Loan,” “Class 2 Loan,” “Class 3 Loan”, “Class 4 Loan” or “Class 5 Loan” or any material component thereof defined therein (in each case, other than any administrative, non-material amendment agreed to by the Borrower and the Administrative Agent), (h) modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof or (i) extend the Reinvestment Period, in each case to the extent such amendment, modification, waiver or supplement relates to such Lender.
Eligible Collateral Loan means a Collateral Loan that (A), if it is a Consent Collateral Loan acquired after the A&R Effective Date, has been approved by the Administrative Agent, in its sole discretion, prior to the date on which the Borrower commits to acquire such Collateral, and (B) satisfies each of the following eligibility requirements on any date of determination (unless (x) such Loan was eligible under the Existing Agreement and was not in compliance with one or more criteria below (but, for the avoidance of doubt, solely with respect to such criteria) or (y) otherwise expressly waived by the Administrative Agent in its sole discretion):
Eligible Collateral Loan. “Eligible Country,” “Minimum Equity Amount,” “Class 1 Borrowing Base,” “Class 1A Borrowing Base,” “Class 2 Borrowing Base,” “Class 3 Borrowing Base,” “Class 1 Minimum OC Coverage Test,” “Class 1A Minimum OC Coverage Test,” “Class 2 Minimum OC Coverage Test,” “Class 3 Minimum OC USActive 53852035.1153852035.14.docx -28-
Eligible Collateral Loan. “Eligible Country,” “Interest Coverage Ratio,” “Interest Coverage Ratio Test”, “Minimum Equity Amount,” “Class 1 Loan,” “Class 2A Loan,” “Class 2B3 Loan” or, “Class 34 Loan” or “Class 5 Loan” or any material component thereof defined therein (in each case, other than any administrative, non-material amendment agreed to by the Borrower and the Administrative Agent), (h) modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof or (i) extend the Reinvestment Period, in each case to the extent such amendment, modification, waiver or supplement relates to such Lender.