(or portions thereof) maintained by such Conduit Purchaser and/or (d) the making of loans and/or other extensions of credit to any Conduit Purchaser in connection with such Conduit Purchaser’s securitization program contemplated in this Agreement, together with any letter of credit, surety bond ...
In his discussion of a potential backstop, Chertoff specifically references theTerrorism Risk Insurance Act(TRIA) as a model. TRIA was passed in 2002 to provide financial assistance to the insurers who were reeling from covering the costs of the Sept. 11, 2001, terrorist attacks. It also create...
(ii) if the Revolving Credit Aggregate Commitment has been terminated (whether by maturity, acceleration or otherwise), the amount equal to its Percentage of the aggregate principal amount outstanding under the Revolving Credit (including the outstanding Letter of Credit Obligations and any outstanding ...
Both have some cash, but most of their respective savings is locked up in longer-term investments. Each has a home and a mortgage. But the Tellados have set up a home-equity line of credit while the Kennys have not. Both households have the same net worth, but which household is ...