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10-K
DITECH HOLDING CORP filed this Form 10-K on 04/16/2019
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Agreement to exceed ten percent (10.0%) of the aggregate Receivable Balance of all Facility Eligible Receivables on such date;
(iv)
if the Receivable relates to a Non-Crossed Protective Advance that is related to a property with estimated recovery value less than $2,500.00 and greater than ninety (90) days Delinquent, the related Receivable Balance causes the aggregate Receivable Balance of all Facility Eligible Receivables relating to Non-Crossed Protective Advances related to properties with estimated recovery value less than $2,500.00 and greater than ninety (90) days Delinquent on such date exceeds an amount equal to the product of 4.0% and the aggregate Receivable Balance of all Facility Eligible Receivables on such date;
(v)
if the Receivable relates to a Securitization Trust as to which the aggregate outstanding principal balance of the related Securitization Trust Assets is less than $5,000,000, the related Receivable Balance causes the aggregate Receivable Balance of all Facility Eligible Receivables related to a Securitization Trust as to which the aggregate outstanding principal balance of the related Securitization Trust Assets is less than $5,000,000 on such date to exceed an amount equal to the product of two percent (2.0%) and the aggregate Receivable Balance of all Facility Eligible Receivables on such date; and
(vi)
if the Receivable relates to a Securitization Trust Asset that is secured by a second priority Lien, the related Receivable Balance causes the aggregate Receivable Balance of all Facility Eligible Receivables related to Securitization Trust Assets which are secured by second priority Liens on such date to exceed an amount equal to the product of one percent (1.0%) and the aggregate Receivable Balance of all Facility Eligible Receivables on such date.
Section 5. Administrative Agent.
(a)
Pursuant to Section 6.1(c)(xvii) of the Base Indenture and as contemplated in the definition of “Administrative Agent” set forth in Section 1.1 of the Base Indenture, and notwithstanding any other provision to the contrary, Barclays is hereby designated and irrevocably appointed to act as Administrative Agent hereunder and as successor Administrative Agent under all other Transaction Documents to which the Administrative Agent is party. Barclays as Administrative Agent is hereby authorized to take such actions and to exercise such powers as are delegated to the

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