Collateral Package definition

Collateral Package means all files related to the Policies, including but not limited to, the Sale Documents and all Policy files related to the purchase or acquisition of each Policy (which shall include the most recent Policy Illustrations, Life Expectancy estimates, the Physicians Competency Statement and medical records available to the Borrower), all documents set forth on Exhibit M to the Account Control Agreement and any other documents or data as requested by the Administrative Agent.
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Collateral Package means those contracts identified on Schedule III, with a value not lower than (i) 130% of the total principal amount of the convertible notes held by the Investors or their Affiliates, prior to the Investors’ exercise of the Oversubscription Right, and (ii) 120% of the total principal amount of the convertible notes held by the Investors or their Affiliates, after the exercise of the Oversubscription Right ((i) and (ii), the “Value Thresholds”).
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Collateral Package means all documents and information in the possession or under the control of the Borrower, a Seller, the Parent, Imperial or any Affiliate of any of them, related to the Pledged Policies, including but not limited to, all Policy files related to the purchase or acquisition thereof by any Affiliate of Imperial and the transfer thereof to the Borrower (which shall include the most recent Policy Illustrations, Life Expectancy estimates, the Physician Competency Statement and medical records available to the Borrower) and all documents set forth on Exhibit M to the Account Control Agreement.
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Examples of Collateral Package in a sentence

  • Borrower shall not make any changes in its credit and collection policy which would, based upon the facts and circumstances in existence at such time, reasonably be expected to materially adversely affect the collectability, credit quality or characteristics of the Mortgage Loans pledged as Collateral to Lender hereunder, taken as a whole, or the ability of Borrower to exercise of any of its rights and remedies, hereunder or under any other document included in the Collateral Package.

  • There is no fact known to Borrower which has a material adverse effect, or which might in the future have a material adverse effect, on the documents contained in the Collateral Package that has not been disclosed in writing to Lender.

  • Custodian shall have received at least five (5) Business Days prior to the requested funding date all documents, instruments and information as provided for in the Collateral Package Items in the Custodial Agreement.

  • Borrower will maintain at its principal place of business archival copies of all such Software and will take all actions necessary to update and currently maintain the Software Collateral Package to reflect the most recent changes thereto.

  • Backup Servicers agree to not use any information, documents, work product and materials (including, but not limited to Backup Servicing Information and Collateral Package Items) provided by Client to Backup Servicers under this Agreement for any purpose outside the scope of this Agreement.

  • Furthermore, following Lender’s approval of the Borrowing Base Collateral Package, Borrower shall satisfy the terms and conditions of Section 4.3 below.

  • Backup Servicer agrees that Client is, and shall be the sole and exclusive owner of all right, title and interest in and to any information, documents, work product and materials (including, but not limited to Backup Servicing Information and Collateral Package Items) provided by Client to Backup Servicer pursuant to this Agreement, including all intellectual property rights therein.

  • Backup Servicers agree that Client is, and shall be the sole and exclusive owner of all right, title and interest in and to any information, documents, work product and materials (including, but not limited to Backup Servicing Information and Collateral Package Items) provided by Client to Backup Servicers pursuant to this Agreement, including all intellectual property rights therein.


More Definitions of Collateral Package

Collateral Package means the guarantee and security interests created by and constituted under the Security Documents, with a value not lower than (i) 130% of the total principal amount of the Notes held by the Investor or its Affiliates, prior to the exercise of the Oversubscription Right, and (ii) 120% of the total principal amount of the Notes held by the Investor or its Affiliates, after the exercise of the Oversubscription Right (the thresholds under clause (i) and (ii), the “Value Thresholds”).
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Collateral Package means all files related to the Policies, including but not limited to, all Policy files related to the purchase or acquisition of each Policy (which shall include the most recent Policy Illustration, the Life Expectancy estimate, the Physicians Competency Statement and medical records available to the Borrower, if any), all documents set forth in the Account Control Agreement and any other documents or data as reasonably requested by the Lender.
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Collateral Package means all documents and information in the possession or under the control of the Borrower, the Assignor, the Predecessor Parent Pledgor, a Parent Pledgor, Imperial or any Affiliate of any of them, related to the Pledged Policies, including but not limited to, all Policy files related to the purchase or acquisition thereof by any Affiliate of Imperial and the transfer thereof to the Borrower (which shall include the most recent Policy Illustrations, Life Expectancy estimates, the Physician Competency Statement and medical records available to the Borrower) and all documents set forth on Exhibit M to the Account Control Agreement.
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Collateral Package means the following documents for each Equipment Lease constituting part of the Eligible Receivables: (a) original counterparts of the Equipment Lease executed by a duly authorized representative of the Obligor and the Borrower, or, if a supplement to a related master lease, an original supplement, executed by a duly authorized representative of the Obligor and the Borrower and marked "Secured Party's Original" or similar language; (b) if an Equipment Lease consists of a supplement to a related master lease, a copy of the master lease, showing that the original has been stamped by the Borrower with a statement to the effect that no security interest in a supplement may be created through the transfer or possession of any counterpart of the original supplement other than that supplement marked "Secured Party's Original" or similar language; (c) if the Equipment Lease is in connection with a Vehicle, the application for the Certificate of Title, and upon receipt, the Certificate of Title relating to such Vehicle; (d) the acknowledgment copy of each financing statement filed or recorded in connection with the Equipment Lease, with evidence of filing or recording thereon, or if not yet received, a copy of each such financing statement; (e) each financing statement filed or recorded shall designate the Administrative Agent, as agent for the Lenders, as the Assignee of the Secured Party; (f) if applicable and if received, the acknowledgment copy of each filed or recorded intervening assignment of financing statement, showing a chain to the Borrower of each financing statement, or if not yet received, a copy of each such assignment; (g) a copy of an insurance certificate or other evidence satisfactory to the Administrative Agent and each Lender that all insurance policies required to be maintained by the Equipment Lease are in full force and effect; (h) an original invoice, receipt or other written original evidence showing that the Borrower received and took possession of the Equipment that is the subject of the Equipment Lease; (i) all documents (if any) evidencing or relating to recourse or support obligations and all collateral enhancements, including without limitation, deposits, additional collateral, guarantees, indemnities or security, and letters of credit relating thereto, if any.
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Collateral Package means, with respect to each Mortgage Loan, the items described in Section 4.1B(i) – (vi).
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Related to Collateral Package

  • Collateral Pool means, at any time, each Portfolio Investment that has been Delivered (as defined in the Guarantee and Security Agreement) to the Collateral Agent and is subject to the Lien of the Guarantee and Security Agreement, and then only for so long as such Portfolio Investment continues to be Delivered as contemplated therein and in which the Collateral Agent has a first-priority perfected Lien as security for the Secured Obligations (subject to any Lien permitted by Section 6.02 hereof with respect to such Portfolio Investment), provided that in the case of any Portfolio Investment in which the Collateral Agent has a first-priority perfected (subject to Permitted Liens under clause (g) of the definition thereof) security interest pursuant to a valid Uniform Commercial Code filing, such Portfolio Investment may be included in the Collateral Pool so long as all remaining actions to complete “Delivery” are satisfied in full within the longest period of (i) seven (7) days of such inclusion and (ii) as the Collateral Agent may agree in its reasonable discretion.

  • Collateral Call means a notice to a Participant that additional Collateral, or possibly early payment, is required in order to remain in, or to regain, compliance with Tariff, Attachment Q.

  • Collateral File With respect to each Mortgage Loan, a file containing each of the Collateral Documents.

  • CREFC® Collateral Summary File The data file in the “CREFC® Collateral Summary File” format substantially in the form of and containing the information called for therein, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Debt Service Reduction Mortgage Loan Any Mortgage Loan that became the subject of a Debt Service Reduction.