Asset Base definition

Asset Base means, on any date of determination and with respect to all Eligible Mortgage Loans then subject to Transactions and, to the extent applicable, all Eligible Mortgage Loans proposed to be sold to the Purchaser as of such date of determination, the lesser of (i) 100% of the Principal Balance of all such Eligible Mortgage Loans as of such date of determination and (ii) the product of the applicable Purchase Price Percentage multiplied by the Market Value of all such Eligible Mortgage Loans.
Asset Base means, as of any date of determination, the aggregate Asset Base Components of all Purchased Loans transferred by Seller to Buyer hereunder as of such date.
Asset Base means, until Asset Base Date for such Series, the aggregate Capital Contributions of the Economic Members for such Series as of the end of each quarter and thereafter means such Series’ NAV at the end of each prior annual period (or such other period as determined by the Managing Member).

Examples of Asset Base in a sentence

  • Excluded transmission revenue includes revenue from commissioned transmission regulated customer initiated capital projects that will be rolled into the Regulatory Asset Base (RAB) at the next major regulatory reset and will be subject to the revenue cap (Prescribed services).

  • There is also a competitive range of debt and equity options already available to project promoters due to their sound Regulated Asset Base model for project finance.

  • The covenants concern the following indicators:Total net financial debt, RAB (Regulatory Asset Base), EBITDA, and Net Financial Expenses.

  • The value of the Approved PIC is to be maintained in the same way as the Regulatory Asset Base is maintained in accordance with Schedule E.

  • Edinburgh Glasgow Improvement Programme: A project, funded through the Network Rail Regulated Asset Base, to improve capacity on Scotland’s busiest rail corridor.


More Definitions of Asset Base

Asset Base has the meaning assigned to such term in Section 5.03(b)(ii)(B).
Asset Base means for any date of determination, the product of (1) the Purchase Price Percentage and (2) the then-current Market Value.
Asset Base means, as of any date of determination, an amount equal to the sum of (a) the product of (i) the Asset Base Allocation Percentage for Series 2017-VFN in effect on such date of determination, (ii) the Advance Rate in effect on such date of determination and (iii) the Aggregate Receivables Balance (measured as of such date of determination), plus (b) amounts on deposit in the Series 2017-VFN Series Account which are available for payment of principal on the Series 2017-VFN Notes on the following Payment Date on such date (after taking into account payments with senior priority), plus (c) an amount equal to the product of (x) the Asset Base Allocation Percentage for Series 2017-VFN in effect on such date of determination and (y) the amount of cash and Eligible Investments on deposit in the Excess Funding Account on such date of determination, plus (d) the aggregate amount of funds on deposit in the Collection Account on such date.
Asset Base. As of any date of determination, an amount equal to the sum of (a) the product of (i) the Advance Rate times (ii) the sum of (A) the Aggregate Net Book Value, plus (B) up to the Receivables Threshold of receivables resulting from the sale or other disposition of one or more Eligible Containers that were either owned by the Issuer or subject to a Finance Lease for which the Issuer is the lessor, so long as such receivables were not outstanding for more than 60 days (measured from the issue date of such receivables), plus (b) the amount on deposit in the Restricted Cash Account, such amount to be determined after giving effect to all withdrawals from and deposits to the Restricted Cash Account on such date.
Asset Base has the meaning assigned thereto in the Pricing Side Letter.
Asset Base. As of any date of determination, an amount equal to the sum, without duplication: