Collateral Obligations Clause Samples

Collateral Obligations. Parent shall cause each Guarantor to fulfill its obligations under the A-1 Security Documents and any amendment thereof.

Collateral Obligations. Except as otherwise provided in this Section 4 and except in accordance with the Investment Management Standard, and subject to the requirements of the Indenture, the Operating Agreement, the Sale and Contribution Agreement and applicable law, the Investment Manager may cause the Company (which term shall include, for all purposes relating to the purchase and sale of Collateral Obligations and the duties and obligations of the Investment Manager set forth in Section 1 hereof, the Company and its consolidated subsidiaries, if any) from time to time to purchase Collateral Obligations.

Collateral Obligations. 8.1 The Retrocessionaire will maintain assets in the Relevant Accounts in an amount equal to the applicable Collateral Amount. The Retrocessionaire shall fulfil this obligation by paying all Call Amounts in accordance with this Clause 8 and any other relevant provisions of this Agreement. 8.2 Subject to Clause 8.11, the Retrocedant shall pay to the Retrocessionaire all Return Amounts subject to and in accordance with this Clause 8. 8.3 After each relevant Valuation Date, the Retrocedant will procure that the relevant Valuation Agent determines as soon as practicable whether or not a Call Amount or a Return Amount exists in respect of a Relevant Account as at each relevant Valuation Date (the "Determination"). 8.4 If a Call Amount or a Return Amount is payable in respect of a Relevant Account, the Retrocedant will notify the Retrocessionaire in writing within 5 Business Days of the relevant Determination (a "Call Notice", or a "Return Notice" as applicable). 8.5 A Call Notice or Return Notice delivered by the Retrocedant shall specify: 8.5.1 the Balance of the Relevant Account as at the close of business on the relevant Valuation Date; 8.5.2 the Call Amount or Return Amount (as applicable); 8.5.3 the type of Permitted Assets the Retrocedant intends to transfer in the case of a Return Amount; 8.5.4 the type of Permitted Assets the Retrocedant requires to have transferred in the case of a Call Amount; 8.5.5 if a Call Amount is payable, the Relevant Account into which the Retrocessionaire must pay the Call Amount; 8.5.6 subject to any confidentiality obligations by which the Retrocedant is bound, such information which is available to the relevant Valuation Agent as may be relevant to the calculation of the Call Amount or Return Amount (as applicable). 8.6 If a Call Amount is payable, the Retrocessionaire shall, at its own cost, transfer to the Retrocedant Permitted Assets of the type specified in the Call Notice, with a Value as at the Valuation Date at least equal to the Call Amount, within 2 Business Days of receipt of a Call Notice from the Retrocedant provided that the Retrocessionaire shall not be required to settle a Call Amount if doing so would reduce the Working Capital Assets below $10m. 8.7 If a Return Amount is payable, the Retrocedant shall, subject to Clauses 8.8 and 8.11, and at the cost of the Retrocessionaire, transfer to the Retrocessionaire, Permitted Assets selected by the Retrocessionaire or its designated investment manager prior to the ...

Collateral Obligations. Each loan or debt obligation sold and/or contributed by the Collateral Manager to the Borrower on or before the Original Closing Date, as of the Restatement Effective Date and as of each Purchase Date (as defined in the Master Transfer Agreement) complies with the criteria set forth in the definition of "Collateral Obligation".

Collateral Obligations. 保密条款 9.1

Collateral Obligations. Except as otherwise provided in this Section 4 and except in accordance with the Investment Management Standard, and subject to the requirements of the Indenture, the Operating Agreement, the Sale and Contribution Agreement and applicable law, the Investment Manager may cause the Company (which term shall include, for all purposes relating to the purchase and sale of Collateral Obligations and the duties and obligations of the Investment Manager set forth in Section 1 hereof, the Company and its consolidated subsidiaries, if any) from time to time to purchase or sell Collateral Obligations.

Collateral Obligations. The following constitutes collateral security for all Obligations (defined below) owed by Borrower to Lender (collectively, the “Collateral”): a first priority security interest in, and lien against, all stock or other equity interests Borrower and Trustway Insurance Agencies, LLC (“Trustway”) holds or may obtain in and to its existing and future subsidiaries (other than (i) the Immaterial Subsidiaries, (ii) AssuranceAmerica Insurance Company (“AAIC”) and (iii) AssuranceAmerica Capital Trust I (“AACT”)) as set forth in the Pledge Agreement (defined below), and all other collateral security granted in favor of Lender under the terms of the Pledge Agreement or other security instruments from time to time, subject solely to liens expressly permitted by the terms of the Loan Documents (including Section 5.3 hereof). Borrower shall reimburse Lender immediately upon demand for all reasonable and actual costs and expenses incurred by Lender in connection with the maintenance of any of the Collateral, including without limitation, incurred by Lender in connection with the filing and recording fees, recordation and intangibles taxes, costs of appraisals, title insurance and field exams relating to the Collateral or, during the occurrence and continuance of an Event of Default, the maintenance of the Collateral. The security interest in and liens against the Collateral created by the Loan Documents shall terminate when all of the Obligations have been paid in full (other than Cash Management Obligations that continue after the termination of the Loan Facility) and all of Lender’s commitments to make advances under the Loan Facility are terminated.

Collateral Obligations. The Borrower shall own each Collateral Obligation and the amounts on deposit in each Account.

Collateral Obligations