No Margin Deficit; Concentration Limit. No Margin Deficit for which a Margin Call Notice has been delivered shall exist immediately after giving effect to the requested Transaction (including in the event any existing Margin Deficit immediately prior to the Transaction is cured through consummation of the Transaction). As of the applicable Purchase Date, no Concentration Limit shall be exceeded after giving effect to the requested Transaction.
Appears in 2 contracts
Sources: Master Repurchase Agreement (Principal Credit Real Estate Income Trust), Master Repurchase Agreement (AB Commercial Real Estate Private Debt Fund, LLC)