Aggregate Collateral Value definition
Examples of Aggregate Collateral Value in a sentence
At no time shall the aggregate amount of all Loans outstanding at any time exceed the lesser of (1) the Aggregate Collateral Value of the Borrowing Base, and (2) the Commitment at such time.
If the Aggregate Collateral Value so certified is less than the Aggregate Commingled Account Balance as so certified, either or both of the Bank and WFAL 2 shall, together with such certificate, Deliver additional Collateral in an amount necessary to make the Aggregate Collateral Value (after giving effect to such Delivery) at least equal to the Aggregate Commingled Account Balance.
Notwithstanding anything to the contrary herein, if any Triple A Notes are Outstanding on their related Triple A Release Date, the Property Manager shall use commercially reasonable efforts to sell Hybrid Leases, Loans and/or Owned Properties in an amount equal to 25% of the Aggregate Collateral Value, taking into account the aggregate Collateral Value of all Released Assets released since the Initial Closing Date.
In the event that Appraised Values decline such that the Outstanding Principal Balance would exceed the Aggregate Collateral Value, Borrower shall prepay the Loan in accordance with Section 2.4.2(a)(iv).
Diversification Factor One divided by the sum of the squares of the Market Value of each Investment Fund, each expressed as a percentage of Aggregate Collateral Value.