Capital Limit definition

Capital Limit means, at any time, an amount equal to the sum of (a) the product of the Maximum Advance Rate and the Net Eligible Loan Balance and (b) all Collections on the Eligible Loans then on deposit in the Collection Account (net of any accrued but unpaid Interest and Facility Fees).

Capital Limit means, at any time, an amount equal to: NERB + CA where: NERB = the Net Eligible Receivables Balance at such time; and CA = the amount of Collections on deposit in the Collection Account at such time to be applied in accordance with Section 2.05 on the next Remittance Date minus the portion of such Collections which are required to be set aside for the payment of accrued Yield pursuant to Section 2.05(a) hereof.

Capital Limit. At any time, the product of (i) the ADCB and (ii) the lesser of (a) 88% and (b) 100% - (three and a half (3 1/2) multiplied by the Net Loss to Liquidation Ratio).

Examples of Capital Limit in a sentence

• Under no circumstances shall any Purchaser make the initial Purchase or any Incremental Purchase if, after giving effect to such Purchase or Incremental Purchase, the aggregate Capital outstanding hereunder would exceed the lesser of (i) the Purchase Limit or (ii) the Capital Limit.

• The Seller is hereby deemed to represent and warrant that on each day prior to the Termination Date, the amount of Capital outstanding on such day shall not exceed the lesser of (x) the Purchase Limit or (y) the Capital Limit.

• You can still ask the Council to carry out a full financial assessment.Examples of when a ‘light touch’ assessment may be carried out:• Your capital assets are above the Upper Capital Limit – if you know that your capital assets are above the Upper Capital Limit you will not need a full financial assessment.

• If your capital resources are below the Upper Capital Limit, and you don’t own any property or capital, we will carry out a full financial assessment of your income and capital assets to work out your ‘assessed weekly charge’ for your care home accommodation.

• Providers that qualify for this incentive will receive an additional 2.5 percent add-on to the 2015 MAPs for all services except for clinical lab, pharmacies and pharmaceuticals, and dental services.

More Definitions of Capital Limit

Capital Limit means, at any time, an amount equal to: EXX - MOCA + CA where: EXX = the Eligible Receivables Balance at such time; MOCA = the Minimum Overcollateralization Amount at such time; and CA = the amount of Collections on deposit in the Collection Account at such time to be applied in accordance with Section 2.05 on the next Remittance Date, minus the portion of such Collections which are required for the payment of accrued Yield and Fees.

Capital Limit means, at any time, an amount equal to the sum of (i) the difference between (a) the Net Receivables Balance at such time minus (b) Aggregate Reserves, plus (ii) the balance of good funds on deposit in the Equalization Account on such date.

Capital Limit means, at any time, an amount equal to: ANEB + CA where: ANEB = the Adjusted Net Eligible Receivables Balance at such time; and CA = the amount of Collections on deposit in the Collection Account at such time to be applied in accordance with Section 2.05 on the next Remittance Date.

Capital Limit means the overall maximum net inflow/outflow from investing activities incurred by the Borrower as set by the Lender for any relevant financial year

Capital Limit means, on any day, (A) the Discounted Eligible Receivables Balance on such day minus (B) the Aggregate Reserves on such day.

Capital Limit has the meaning set forth in Section 1.01.

Capital Limit. At any time, an amount equal to: (i) ADCB minus (ii) the product of ADCB and the Minimum Overcollateralization Percentage.