Compliance with Concentration Test Sample Clauses

The Compliance with Concentration Test clause requires parties to ensure that certain thresholds or limits—often related to the proportion of assets, investments, or exposures—are not exceeded within a specified context, such as a portfolio or transaction. In practice, this means regularly monitoring and verifying that the composition of assets or investments remains within agreed-upon concentration limits, such as not having more than a set percentage in a single asset class or issuer. The core function of this clause is to manage and mitigate risk by preventing overexposure to any single entity or category, thereby promoting diversification and financial stability.
Compliance with Concentration Test. (a) The Borrower Parties shall at all times maintain the Collateral so that the aggregate Valuations of any group of Mortgaged Properties located within a one mile radius shall not exceed 25% of the aggregate Valuations of all Mortgaged Properties. (b) The Borrower Parties shall at all times maintain the Collateral so that the Valuation of any one Mortgaged Property shall not exceed 20% of the aggregate Valuations of all Mortgaged Properties.
Compliance with Concentration Test. Borrower shall at all times maintain the Collateral so that (i) the aggregate Market Values of any group of Collateral Pool Properties located within a one mile radius shall not exceed thirty percent (30%) of the aggregate Market Values of all Collateral Pool Properties and (ii) the Market Value of any one Collateral Pool Property shall not exceed thirty percent (30%) of the aggregate market value of all Collateral Pool Properties; provided however, that the foregoing limitations shall not apply until the Collateral shall consist of at least four (4) Collateral Pool Properties.
Compliance with Concentration Test. (a) The Borrower shall at all times maintain the Collateral so that the aggregate Valuations of any group of Mortgaged Properties located within a one mile radius shall not exceed 30% of the aggregate Valuations of all Mortgaged Properties. (b) The Borrower shall at all times maintain the Collateral so that the Valuation of any one Mortgaged Property shall not exceed 30% of the aggregate Valuations of all Mortgaged Properties. (c) The Borrower shall at all times maintain the Collateral so that the Valuation of all Mortgaged Properties subject to review and underwriting under Section 305.09 of the DUS Guide (Projection Dependent on Military Bases) shall not exceed 20% of the aggregate Valuations of all Mortgaged Properties. Notwithstanding the preceding sentence, Lender may reject, in its sole discretion, any proposed Mortgaged Property subject to review and underwriting under Section 305.09 of the DUS Guide.
Compliance with Concentration Test. (a) The Borrower shall at all times maintain the Collateral so that the aggregate Valuations of any group of Mortgaged Properties located within a one mile radius shall not exceed 25% of the aggregate Valuations of all Mortgaged Properties. (b) The Borrower shall at all times maintain the Collateral so that the Valuation of any one Mortgaged Property prior to the addition of any Additional Mortgaged Property to the Collateral Pool shall not exceed 35% of the aggregate Valuations of all Mortgaged Properties (except that prior to the addition of any Additional Mortgaged Property to the Collateral Pool the Mortgaged Property known as Reflection Pointe Apartments may equal 42% of and the Mortgaged Property known as Fairways Apartments may equal 37.5% of the aggregate Valuations of all Mortgaged Properties) and after the addition of any Additional Mortgaged Property to the Collateral Pool, shall not exceed % of the aggregate Valuations of all Mortgaged Properties.
Compliance with Concentration Test. (1) The AIMCO Parties shall at all times maintain, or cause the maintenance of, the Collateral so that the aggregate Valuations of any group of Mortgaged Properties (excluding the Elm Creek Property) and Lakehaven Properties (and, for these purposes, the Lakehaven Properties shall be considered as one Multifamily Residential Property with a Valuation equal to the aggregate Valuation of the Lakehaven Notes) located within a one mile radius shall not exceed 25% of the aggregate Valuations of all the Mortgaged Properties and Lakehaven Notes. (2) The AIMCO Parties shall at all times maintain, or cause the maintenance of, the Collateral so that the Valuation of any one Mortgaged Property (excluding the Elm Creek Property and the Lakehaven Notes) shall not exceed 20% of the aggregate Valuations of all Mortgaged Properties and the Lakehaven Notes.

Related to Compliance with Concentration Test

  • Compliance with Conditions All of the terms, covenants, conditions and obligations of this Agreement and each other Transaction Document required to be complied with and performed by Seller on or prior to the Closing Date shall have been duly complied with and performed in all material respects.

  • Compliance with ▇▇▇▇▇-▇▇▇▇▇ and Related Act requirements All rulings and interpretations of the ▇▇▇▇▇-▇▇▇▇▇ and Related Acts contained in 29 CFR parts 1, 3, and 5 are herein incorporated by reference in this contract.

  • Compliance with Environmental Requirements 50.1 The Contractor shall provide the goods and/or Services required under the Contract in accordance with applicable laws and the Authority’s environmental policy, which is to conserve energy, water and other resources, reduce waste and phase out the use of ozone depleting substances and minimise the release of greenhouse gases, volatile organic compounds and other substances damaging to health and the environment. 50.2 The Authority is committed to promoting a low carbon, high growth, global economy. The Contractor shall work with the Authority regarding any environmental or sustainability issues as the Authority considers relevant, comply with contractual obligations and carry out any reasonable request to ensure the protection of the environment, society and the economy and promotion of sustainable development and sustainable procurement throughout the Contract Period. 50.3 All written outputs, including reports, produced in connection with the Contract shall (unless otherwise specified) be produced on recycled paper containing at least 80% post consumer waste and used on both sides where appropriate. 50.4 Nothing in this Condition 50 shall relieve the obligations of the Contractor to comply with its statutory duties and Good Industry Practice.

  • Compliance with Obligations 3.1 The Authorised Entity covenants with the Client that the Authorised Entity will duly discharge, perform and observe all the liabilities, obligations and stipulations of the Authorised Entity under any Call Off Contracts it enters into pursuant to the Framework Agreement and will keep the Client duly and effectually indemnified against all actions, proceedings, claims, demands, costs, damages, penalties and expenses whatsoever under or in respect of any such Call Off Contracts. 3.2 The Authorised Entity covenants with the Client that the Authorised Entity shall comply with all obligations in the Framework Agreement that are expressed to be obligations of an Authorised Entity. 3.3 The Authorised Entity acknowledges and agrees that, to the fullest extent permitted by law: 3.3.1 the Client shall have no liability to the Authorised Entity (whether in contract, tort or otherwise) for any matter arising out of or in connection with the carrying out of a Mini-Competition by the Client on the Authorised Entity’s behalf; and 3.3.2 the Client shall not be liable for or be required to indemnify the Authorised Entity against any expenses, liability, losses or costs incurred by the Authorised Entity which arise out of or in connection with the carrying out of a Mini-Competition by the Client on the Authorised Entity’s behalf, whether under contract, tort or on any other legal basis.

  • Compliance with Environmental Law To the knowledge of the Company, the Adviser and the Administrator, the Company, its subsidiaries and each controlled Portfolio Company (i) are in compliance with any and all applicable foreign, federal, state and local laws and regulations relating to the protection of human health and safety, the environment or hazardous or toxic substances or wastes, pollutants or contaminants (“Environmental Laws”); (ii) have received all permits, licenses or other approvals required of them under applicable Environmental Laws to conduct their respective businesses; and (iii) are in compliance with all terms and conditions of any such permit, license or approval, except where such noncompliance with Environmental Laws, failure to receive required permits, licenses or other approvals or failure to comply with the terms and conditions of such permits, licenses or approvals would not, individually or in the aggregate, have a Material Adverse Effect.