Geographic Concentration Clause Samples
The Geographic Concentration clause sets limits or requirements regarding the distribution of activities, assets, or risks within specific geographic areas. In practice, this clause may restrict a party from conducting too much business, holding too many assets, or sourcing too many suppliers from a single region or country. For example, it might require that no more than a certain percentage of a portfolio or supply chain be concentrated in one location. The core function of this clause is to mitigate risks associated with overexposure to a particular geographic area, such as political instability, natural disasters, or regulatory changes, thereby promoting diversification and stability.
Geographic Concentration. No more than approximately _____ % of the Original Pool Principal Balance is secured by Mortgaged Properties located within any single zip code area; no more than _____ % of the Original Pool Principal Balance is located within any single state, except as follows ______________, _____________, ______________, or___________;
Geographic Concentration. No more than approximately % of the Original Pool Principal Balance is secured by Mortgaged Properties located within any single zip code area; no more than % of the Original Pool Principal Balance is located within any single state, except as follows , , , or ;
Geographic Concentration. No more than approximately 1.29% of the Aggregate Principal Balance is secured by Properties located within any single zip code area; no more than 31.27% of the Aggregate Principal Balance is located in Alabama, no more than 16.33% of the Aggregate Principal Balance is located in Louisiana, no more than 13.40% of the Aggregate Principal Balance is located in Tennessee, and no more than 8.50% of the Aggregate Principal Balance is located within any other single state.
Geographic Concentration. No more than approximately 0.40% of the Cut-Off Date Aggregate Pool Principal Balance is secured by Mortgaged Properties located within any single zip code area; no more than 10.00% of the Cut-Off Date Aggregate Pool Principal Balance is located within any single state, except for California;
Geographic Concentration. The Borrower shall not permit the aggregate Borrowing Base of the Mortgaged Properties which are located in any one Metropolitan Statistical Area at any time to equal or exceed thirty percent (30%) of the aggregate Borrowing Base of all the Mortgaged Properties.
Geographic Concentration. In the aggregate as of the Cut-Off Date, no more than 0.2% of the Home Loans are secured by Mortgaged Properties sharing a single zip code.