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SEC Filings

DITECH HOLDING CORP filed this Form 10-K on 04/16/2019
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GAAP” means generally accepted accounting principles in effect from time to time in the United States of America and applied on a consistent basis.
Governmental Authority” means the United States of America, any state or other political subdivision thereof and any entity exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government and having jurisdiction over the applicable Person.
Hague Convention” has the meaning set forth in Section 12(g) of this Indenture Supplement.
Increased Costs” has the meaning assigned to such term in Section 9 hereto.
Increased Costs Limit” means for each Noteholder of a Series 2019-VF1 Variable Funding Note, such Noteholder’s pro rata percentage (based on the Note Balance of such Noteholder’s Series 2019-VF1 Variable Funding Notes) of 0.10% of the average aggregate Note Balance for the Series 2019-VF1 Variable Funding Notes Outstanding for any twelve-month period.
Indebtedness” means, for any Person at any time, and only to the extent outstanding at such time: (a) obligations created, issued or incurred by such Person for borrowed money (whether by loan, the issuance and sale of debt securities or the sale of Property to another Person subject to an understanding or agreement, contingent or otherwise, to repurchase such Property from such Person); (b) obligations of such Person to pay the deferred purchase or acquisition price of Property or services, other than trade accounts payable (other than for borrowed money) arising, and accrued expenses incurred, in the ordinary course of business, so long as such trade accounts payable are payable within ninety (90) days of the date the respective goods are delivered or the respective services are rendered; (c) indebtedness of others secured by a Lien on the Property of such Person, whether or not the respective indebtedness so secured has been assumed by such Person; (d) obligations (contingent or otherwise) of such Person in respect of letters of credit or similar instruments issued or accepted by banks and other financial institutions for account of such Person; (e) capital lease obligations of such Person; (f) obligations of such Person under repurchase agreements or like arrangements; (g) indebtedness of others guaranteed by such Person; (h) all obligations of such Person incurred in connection with the acquisition or carrying of fixed assets by such Person; (i) indebtedness of general partnerships of which such Person is a general partner; and (j) any other indebtedness of such Person evidenced by a note, bond, debenture or similar instrument.
Initial Note Balance” means, for any Note, the Note Balance of such Note upon issuance, or, in the case of the Series 2019-VF1 Notes, an amount determined by the Administrative Agent, the Issuer and the Administrator on the Issuance Date. For the avoidance of doubt, the requirement for minimum denominations in Section 6.2 of the Base Indenture shall not apply in the case of the Series 2019-VF1 Variable Funding Notes.
Initial Payment Date” means March 15, 2019.
Initial VFN Noteholder” means Barclays, as purchaser of the Series 2019-VF1 Notes under the Note Purchase Agreement, and its successors and assigns.
Interest Accrual Period” means, for the Series 2019-VF1 Notes and any Payment Date, the period beginning on the immediately preceding Payment Date (or, in the case of the first Payment Date, the Issuance Date) and ending on the day immediately preceding the current Payment Date. The Interest Payment Amount for the Series 2019-VF1 Notes on any Payment Date shall be determined based on the Interest Day Count Convention.