Reinvestment Criteria definition

Reinvestment Criteria means the Reinvestment Criteria specified in the Collateral Management Agreement.

Reinvestment Criteria has the meaning specified in Section 7.2(c) of this Agreement.

Reinvestment Criteria. The meaning specified in Section 12.2(a) hereof.

Examples of Reinvestment Criteria in a sentence

• The reduced liquidity and lower volume of trading in loans, in addition to restrictions on investment represented by the Reinvestment Criteria, could result in periods of time during which the Issuer is not able to fully invest its cash in Collateral Obligations.

• The reduced liquidity and lower volume of trading in loans, in addition to restrictions on investment represented by the Reinvestment Criteria, could result in periods of time during which the Issuer is not able to fully invest its cash in Collateral Debt Obligations.

• In addition, during the Reinvestment Period, to the extent that any Collateral Obligations prepay or mature prior to the Maturity Date, the Collateral Manager will seek to invest the proceeds thereof in Substitute Collateral Obligations, subject to the Reinvestment Criteria.

• The yield with respect to such Substitute Collateral Obligations will depend, among other factors, on reinvestment rates available at the time, on the availability of investments which satisfy the Reinvestment Criteria and are acceptable to the Collateral Manager and on market conditions related to high yield securities and bank loans in general.

• During the Reinvestment Period, subject to compliance with certain criteria and limitations described herein, the Collateral Manager will have discretion to dispose of certain Collateral Obligations on behalf of the Issuer and to reinvest the proceeds thereof in Substitute Collateral Obligations in compliance with the Reinvestment Criteria.

More Definitions of Reinvestment Criteria

Reinvestment Criteria means the criteria set forth in the Transaction Documents (including, without limitation, the criteria set forth in the definition of “Collateral Obligation” set forth herein) that, pursuant to the terms set forth in the Transaction Documents are required to be satisfied as a condition to the Acquisition by the Borrower of an Underlying Asset (other than any consent of one or more holders of the Eligible Security).

Reinvestment Criteria means the criteria specified as such in the Portfolio Management Agreement.

Reinvestment Criteria means the reinvestment criteria in relation to Collateral Debt Obligations as specified in the Collateral Management Agreement;

Reinvestment Criteria means, with respect to any reinvestment of Collateral Principal Payments, the following criteria:

Reinvestment Criteria means the eligibility criteria and trading restrictions set forth in (i) Section 12.2(a) hereof if the date on which the Collateral Manager commits on behalf of the Issuer to purchase an obligation occurs during the Reinvestment Period, or (ii) Section 12.2(b) hereof if the date on which the Collateral Manager commits on behalf of the Issuer to purchase an obligation occurs after the Reinvestment Period.

Reinvestment Criteria means (a) the criteria set forth in the definitions of “Collateral Obligation” and “Collateral Obligation Criteria”, (b) the terms and conditions set forth in Sections 8.2 and 8.4 and (c) the Maintain or Improve Standard in relation to the Collateral Portfolio Requirements.

Reinvestment Criteria means the criteria specified as such in the Investment Management Agreement.