Common use of Repurchase Limit Clause in Contracts

Repurchase Limit. At all times, (i) the Aggregate Principal Balance related to all Collateral Obligations acquired pursuant to the Master Transfer Agreement that have been sold to the EU/UK Retention Holder or its Affiliates pursuant to clauses (a), (b), (c) and (g) above may not exceed an amount equal to 20% of the Net Purchased Loan Balance and (ii) the Aggregate Principal Balance related to all Collateral Obligations acquired pursuant to the Master Transfer Agreement that have been sold to the EU/UK Retention Holder pursuant to clauses (c) above may not exceed an amount equal to 10% of the Net Purchased Loan Balance. The foregoing provisions in this paragraph constitute the “Repurchase and Substitution Limit.”