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DITECH HOLDING CORP filed this Form 10-K on 04/16/2019
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Notes. For the avoidance of doubt, no Interim Payment Date shall occur during the Full Amortization Period.
Issuance Date” means the Effective Date.
LIBOR” means for each day, the rate (adjusted for statutory reserve requirements for eurocurrency liabilities) for eurodollar deposits the average offered rate for deposits in United States dollars having a maturity of three months for delivery of such deposits that appear on the Reuters Screen, LIBOR03 Page, or any other service providing comparable rate quotations at approximately 11:00 a.m., London time, on the applicable date of determination, or such interpolated rate as determined by the Administrative Agent. If LIBOR is not published, then the Administrative Agent shall determine the rate by an alternate method as reasonably selected by the Administrative Agent.
Lien” means any mortgage, deed of trust, lien, claim, pledge, charge, security interest or similar encumbrance.
Margin” means, for each Class of the Series 2019-VF1 Notes, the applicable per annum rate set forth below:
Class A-VF1 Notes, 2.25% per annum;
Class B-VF1 Notes, 2.25% per annum;
Class C-VF1 Notes, 2.25% per annum; and
Class D-VF1 Notes, 2.25% per annum.
Master Administration Agreement” means that certain Master Administration Agreement, dated as of the Effective Date, among Barclays, Barclays Capital, Inc., Nomura Securities International, Inc., Nomura Corporate Funding Americas, LLC, Ditech, RMS REO BRC II, LLC and Reverse Mortgage Solutions, Inc., as the same may be as amended, supplemented, restated or otherwise modified from time to time.
Maximum Committed Purchase Price” means Ninety Million Dollars ($90,000,000), as reduced pursuant to Section 18(i) of this Indenture Supplement
Maximum VFN Principal Balance” means, at any time, (a) with respect to the Series 2019-VF1 Notes in the aggregate, the lesser of (i) the Maximum Committed Purchase Price and (ii) the amount that results from a permanent reduction pursuant to Section 4.3(b)(ii) of the Base Indenture and (b) with respect to each Class of the Series 2019-VF1 Notes, the least of (i) the amounts calculated pursuant to clause (a) and (ii):