Collateral Administrator Sample Clauses

Collateral Administrator. For the avoidance of doubt, the Borrower has engaged the Collateral Administrator pursuant to Article XV hereof to compile and provide daily Cash and collateral balances in the accounts maintained by U.S. Bank with respect to the calculation of the Borrowing Base; provided, however, that the Collateral Administrator’s obligation to compile and provide such information is subject to the receipt of the information necessary to do so from the Collateral Manager.

Collateral Administrator. State Street Bank and Trust Company, acting as collateral administrator under the Collateral Administration Agreement, and any successor thereto.

Collateral Administrator. The Collateral Administrator shall perform the following functions: (a) Maintain a loan tracking system with respect to each Debt Obligation deposited into the Custodial Account, and enter information (including without limitation all information necessary for the Borrower to supply the information contemplated by paragraphs (1), (2) (3), (4), (5), (6), (9), (12), (17), (19), (20), (21), (22), (24), (25) and (26) of Schedule VI to the Loan Agreement) regarding each Debt Obligation held in the Custodial Account into the Collateral Administrator’s loan tracking system (such information in such system, the Collateral Database); (b) Make adjustments on a daily basis to the Collateral Database to account for principal and interest payments received on each Debt Obligation held in the Collection Account, and to account for the purchase or sale of any Debt Obligation (or any portion thereof) held in the Collateral Account; (c) Prepare and deliver to the Debtor and to the Security Agent a position statement with respect to each Debt Obligation held in the Custodial Account on a weekly basis, or more frequently (including on any Borrowing Date) if requested by the Debtor; (d) Receive and deliver on a daily basis to the Debtor and the Security Agent any notices or other communications received from any obligor in respect of each Debt Obligation held in the Collateral Account; (e) Cooperate with the Debtor in determining the Portfolio Criteria, the Obligation Criteria, the Equity Amount, the Loan Advance Rate, the Equity Advance Rate, the Equity Coverage Ratio and the Loan Compliance Test, as of each Payment Date, in connection with any Borrowing Date or more frequently as may be requested by the Debtor and agreed to by the Collateral Administrator as of each Payment Date, in connection with any Borrowing Date or more frequently as may be requested by the Debtor and agreed to by the Collateral Administrator; (f) Provide the Debtor with access to the Collateral Database in electronic format, with such scope of information as are reasonably agreed upon by the Debtor and the Collateral Administrator; (g) Prepare drafts and upon review and approval by the Debtor make available to the parties required under the Loan Agreement each report required to be prepared pursuant to Section 5.1(a)(vi) of the Loan Agreement and perform and make available to the Debtor the calculations required to be provided in connection with the borrowing of any Loan, in each case by the time spec...

Collateral Administrator. The Collateral Administrator for each Group shall act on behalf of its Group in connection with the performance of all duties and the exercise of all rights in respect of Collateral and Performance Assurance under the Agreement. Each Counterparty Party does hereby appoint the Collateral Administrator for Counterparty Group as its Collateral Administrator hereunder and ratifies and confirms any and all acts of such Collateral Administrator as its own. Each Enron Party does hereby appoint the Collateral Administrator for Enron Group as its Collateral Administrator hereunder and ratifies and confirms any and all acts of such Collateral Administrator as its own. The performance of such rights and duties by the Collateral Administrator for each Group shall satisfy the obligations of, and be deemed to effect the rights of, each member of the relevant Group.

Collateral Administrator. A Collateral Administrator Default or a Collateral Administrator MAE shall occur and Sellers have not (A) appointed a successor Collateral Administrator reasonably acceptable to Buyer and (B) delivered a fully executed Collateral Administrator Notice with such successor Collateral Administrator, in each case within thirty (30) days following the occurrence of such Collateral Administrator Default or Collateral Administrator MAE, as applicable; or

Collateral Administrator. The Collateral Administrator shall perform the following functions: (a) maintain a loan tracking system with respect to all of the Debt Obligations deposited into the Custodial Account, and enter information (including without limitation principal balance, current interest, stated maturity and amortization payments) regarding the Debt Obligations held in the Custodial Account into the Collateral Administrator’s loan tracking system (such information in such system, the Collateral Database); (b) make adjustments on a daily basis to the loan tracking system to account for principal received on all of the Debt Obligations held in the Principal Collection Account and for interest payments received on all of the Debt Obligations held in the Interest Collection Account, and to account for purchases or sales of any Debt Obligation (or any portion thereof) held in the Custodial Account; (c) prepare and deliver to the Debtor and to the Security Agent a position statement with respect to all of the Debt Obligations held in the Custodial Account on a weekly basis, or more frequently if requested by the Debtor; (d) receive and deliver on a daily basis to the Debtor and the Security Agent any notices or other communications received from any obligor in respect of all of the Debt Obligation held in the Custodial Account; (e) prepare a draft report in respect of each Payment Date indicating the amounts set forth in Sections 3.7(e)(i), 3.7(e)(ii), 3.7(e)(iii) or 3.7(g), as applicable, on such date as required under Section 5.1(a)(x) of the Loan Agreement, to the extent that it has received the information therefor from the applicable parties; (f) provide notices of the Debtor’s instructions in respect of any deposit of any amount into, or any withdrawal from, either Collection Account to the Security Agent; and (g) such other functions as may be agreed upon in writing by the parties hereto from time to time.

Collateral Administrator. ▇▇▇▇▇ ▇▇▇, Trust Officer Phone No.: ▇▇▇-▇▇▇-▇▇▇▇ Email Address: ▇▇▇▇▇.▇▇▇@▇▇▇▇▇▇▇.▇▇▇ Trust Administrator: ▇▇▇▇▇▇▇ ▇▇▇▇▇, Assistant Vice President Phone No.: ▇▇▇-▇▇▇-▇▇▇▇ Email Address: ▇▇▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇

Collateral Administrator