Aggregate Transaction Limit definition

Aggregate Transaction Limit. The maximum aggregate principal amount of Transactions (measured by the related outstanding Purchase Price) that may be outstanding at any one time, as set forth in the Transactions Terms Letter.

Aggregate Transaction Limit. The sum of (x) $[***] plus (y) the amount of any Temporary Increase agreed to by Purchaser for so long as such Temporary Increase is in effect.

Aggregate Transaction Limit. $100,000,000, which shall be equal to the sum of the Committed Amount and the Uncommitted Amount.

Examples of Aggregate Transaction Limit in a sentence

• The Aggregate Transaction Limit and each Type Sublimit shall be as set forth in the Transactions Terms Letter.

• Notwithstanding that a particular Transaction request will not exceed the Aggregate Transaction Limit or applicable Type Sublimit, if the payment of the Purchase Price for such Transaction to the related Closing Agent will violate Buyer’s applicable policies and procedures (as contained in the Handbook or otherwise) regarding payments to Closing Agents, Buyer may refuse to pay the Purchase Price to such Closing Agent.

• Buyer shall not be liable to Seller for any costs, losses or damages arising from or relating to a reduction by Buyer in the Aggregate Transaction Limit or any Type Sublimit.

• Seller may request Transactions in excess of the Aggregate Transaction Limit and Buyer may, from time to time, in its sole and absolute discretion, consent to a Temporary Increase of the Aggregate Transaction Limit in accordance with Section 2.10.

• Subject to the terms and conditions of this Agreement and provided that no Event of Default or Potential Default has occurred and is continuing, Buyer shall, from time to time during the term of this Agreement, enter into Transactions with Seller; provided, however, that (a) the Aggregate Outstanding Purchase Price as of any date shall not exceed the Aggregate Transaction Limit and (b) the Aggregate Outstanding Purchase Price for any Type of Transaction shall not exceed the applicable Type Sublimit.

More Definitions of Aggregate Transaction Limit

Aggregate Transaction Limit means the maximum aggregate principal amount of the Transactions (measured by the related outstanding Purchase Price) that may be outstanding at any one time. The Aggregate Transaction Limit shall be an amount equal to (i) on the Effective Date through and including August 31, 2017, $800,000,000 and (ii) thereafter, $500,000,000, which in each instance shall be equal to the sum of the

Aggregate Transaction Limit. The meaning set forth in the Pricing Letter.

Aggregate Transaction Limit means the maximum aggregate principal amount of Transactions (measured by the related outstanding Purchase Price) that may be outstanding at any one time. The Aggregate Transaction Limit shall be an amount equal to $850,000,000, which in each instance shall be equal to the sum of the Committed Amount and the Uncommitted Amount. In the event Buyer agrees to a Temporary Increase pursuant to Section 3(l) of this Agreement, the Aggregate Transaction Limit shall be increased by the amount of the Temporary Increase until such time as the Temporary Increase terminates.

Aggregate Transaction Limit. $100,000,000. In the event Buyer agrees to a Temporary Increase pursuant to Section 2(f), the Aggregate Transaction Limit shall equal the sum of the Aggregate Transaction Limit and the Temporary Increase until such time as the Temporary Increase terminates.

Aggregate Transaction Limit. The maximum aggregate principal amount of Transactions (measured by the related outstanding Purchase Price) that may be outstanding at any one time, as set forth in the Transactions Terms Letter. “Aging Event”: With respect to any Purchased Asset and any date of determination, such Purchased Asset has been subject to one or more Transactions for a period greater than [***]. “Aging Event Asset”: If applicable per the Transactions Terms Letter, as of any date of determination, a Purchased Asset that is not a Defective Asset and was not repurchased prior to the occurrence of an Aging Event with respect to such Purchased Asset. “Aging Fee”: The aging fee set forth in the Transactions Terms Letter. The Aging Fee shall be non- refundable. “Allocation Percentage”: With respect to any Buyer, the percentage of the Aggregate Transaction Limit specified opposite such Buyer’s name in the column entitled “Allocation Percentage” on Schedule 3, as adjusted from time to time in accordance with the terms hereof.

Aggregate Transaction Limit. The maximum aggregate principal amount of Transactions (measured by the related outstanding Purchase Price) that may be outstanding at any one time, which is $500,000,000. In the event Administrative Agent and Buyers agree to a Temporary Increase pursuant to Section 2.10 and Section 18.2 of the Agreement, the Aggregate Transaction Limit shall equal the Temporary Aggregate Transaction Limit until such time as the Temporary Increase terminates.

Aggregate Transaction Limit. The result of (i) the Original Aggregate Transaction Limit, plus or minus (as applicable) (ii) the amount of any Temporary Modification to Aggregate Transaction Limit agreed to by Buyer for so long as such Temporary Modification to Aggregate Transaction Limit is in effect.”