Aggregate Collateral Amount definition

Aggregate Collateral Amount means, as of any date of determination, the --------------------------- sum of the Adjusted Collateral Amounts of all Series issued and outstanding on such date of determination.
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Aggregate Collateral Amount has the meaning specified in Section 5(a).
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Aggregate Collateral Amount means (i) in respect of the Issue Date, zero (0), and (ii) in respect on each subsequent day, an amount in Euro equal to the aggregate of all Additional Collateral Amounts (and only the Additional Collateral Amounts) that have been transferred to or received into the Account on such date. For the avoidance of doubt, any Collateral Return Amount paid to the Noteholders shall be excluded from the calculation of the Aggregate Collateral Amount.
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Examples of Aggregate Collateral Amount in a sentence

  • In connection with any request for a Collateralized Letter of Credit, the Borrower shall deliver to the Administrative Agent a Collateralized L/C Collateral Certificate no later than 11:00 a.m. (New York City time) on the Business Day immediately preceding the date of issuance of such Collateralized Letter of Credit, confirming that the Collateralized L/C Aggregate Collateral Amount after giving effect to such issuance shall equal or exceed the Minimum Collateralized L/C Aggregate Collateral Amount.

  • The Administrative Agent shall, within two (2) Business Days after the date on which the Administrative Agent receives such written request from the Borrower, instruct the applicable Custodian to invest such cash in Cash and/or Eligible Securities identified by the Borrower in such written request; provided that, after giving effect to any such investment, the Collateralized L/C Aggregate Collateral Amount shall equal or exceed the Minimum Collateralized L/C Aggregate Collateral Amount.

  • The Administrative Agent shall, within two (2) Business Days after the date on which the Administrative Agent receives such written request from the Borrower, instruct the applicable Custodian(s) to transfer such Cash and/or Eligible Securities to the Borrower; provided that, after giving effect to any such transfer, the Collateralized L/C Aggregate Collateral Amount shall equal or exceed the Minimum Collateralized L/C Aggregate Collateral Amount.

  • The Applicant further certifies and confirms that, as of the date hereof, the Aggregate Collateral Amount is equal to or greater than the Minimum Collateral Base, which is $_________________ as of the date hereof.

  • If maintaining 100% of the Aggregate Collateral Amount is achieved by removal of a Pledgee(s) from the Schedule, RHS must notify the Custodian of (a) the Pledgee(s) removed from the Schedule, (b) said Pledgees' Collateral amount removed from the Schedule, and (c) that said removal was done in accordance with the Program.

  • The balance in the Custody Account, after the Daily Funds Adjustment has been made shall be $ which is equal to or greater than 100% of the Aggregate Collateral Amount listed on the attached Schedule.

  • Disburse funds on deposit (a) in the Custody Account at the written direction of an authorized person of RHS; provided however, the remaining balance in the Custody Account following the transfer is equal to, or exceeds, 100% of the Aggregate Collateral Amount according to the most recently received Schedule, (b) upon receipt of a Notice of Exclusive Control in accordance with the terms and conditions of such Notice of Exclusive Control or (c) upon receipt of, and in accordance with, a court order.

  • Verifying that the balance in the Custody Account after the Daily Funds Adjustment has been made is equal to or greater than 100% of the aggregate Collateral amount required for all Pledgees as reflected on the Schedule for that day (the "Aggregate Collateral Amount").

Related to Aggregate Collateral Amount

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Collateral Amount means, as of any date of determination, an amount equal to the result of (a) Initial Collateral Amount, minus (b) the amount of principal previously paid to the Series 2019-A Noteholders and, without duplication, the principal amount of any Series 2019-A Notes that are retired and cancelled, minus (c) reductions in the Collateral Amount pursuant to Section 4.4(f), minus (d) the balance on deposit in the Principal Accumulation Account, minus (e) the excess, if any, of the aggregate amount of Investor Charge-Offs and Reallocated Principal Collections over the reimbursements of such amounts pursuant to subsection 4.4(a)(vii) prior to such date; provided, that, the Collateral Amount will not be less than zero.

  • Minimum L/C Collateral Amount means, at any time, in connection with any Letter of Credit, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 102% of the Revolving L/C Exposure with respect to such Letter of Credit at such time and (ii) otherwise, an amount sufficient to provide credit support with respect to such Revolving L/C Exposure as determined by the Administrative Agent and the Issuing Banks in their sole discretion.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 105% of the Fronting Exposure of the Issuing Lender with respect to Letters of Credit issued and outstanding at such time and (b) otherwise, an amount determined by the Administrative Agent and the Issuing Lender in their sole discretion.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.