Aggregate Deficit Amount has the meaning specified in Section 10.11.
Aggregate Deficit Amount means, for any Person, at any time, the excess of (i) the aggregate amount of payment obligations for which such Person is then liable under its Hedge and Repo Transactions with one or more counterparties over (ii) the then aggregate value of the collateral then securing all such payment obligations.
Aggregate Deficit Amount shall have the meaning set forth in Section 2.7(a).
Examples of Aggregate Deficit Amount in a sentence
If the Aggregate Deficit Amount exceeds the Aggregate Surplus Amount (the amount by which the Aggregate Deficit Amount exceeds the Aggregate Surplus Amount, referred to as the “ Net Deficit Amount”), then (i) the Sellers’ Representative shall, within ten (10) Business Days of the determination of the Net Deficit Amount, deliver to the Buyer, by wire transfer of immediately available funds to an account designated by the Buyer, funds in an amount equal to the Net Deficit Amount .
More Definitions of Aggregate Deficit Amount
Aggregate Deficit Amount as defined in Section 7.2.
Aggregate Deficit Amount is defined in Section 15.12.
Aggregate Deficit Amount means, in relation to the Repo Transactions of any Person, the sum of the respective Deficit Amounts (if any) for each such Repo Transaction.
Aggregate Deficit Amount shall have the meaning provided in Section 10.16 of this Agreement.
Aggregate Deficit Amount has the meaning given to such term in Section 1.5(j)(vii).
Aggregate Deficit Amount has the meaning set forth in Section 1.5(e)(iv).
Aggregate Deficit Amount has the meaning specified in Section 10.10. “Aggregate Excess Amount” has the meaning specified in Section 10.10. “Agreement” means this Credit Agreement.