Collateral Value Amount definition

Collateral Value Amount means an amount equal to (a) seventy percent (70%) multiplied by (b) the Collateral Value as of such date for each Borrowing Base Asset.

Collateral Value Amount means, as of any date of determination, an amount equal to (a) fifty-five percent (55.0%), multiplied by (b) the BBP Value as of such date.

Collateral Value Amount means, as of any date, the sum of (a) the A/R and Inventory Amount as of such date, the Foreign Subsidiary Obligations Amount as of such date, the Foreign Subsidiary Equity Amount as of such date plus the PP&E Amount as of such date, minus (b) the Priority Obligations Amount as of such date. The Collateral Value Amount at any time shall be determined by reference to the most recent Collateral Value Certificate delivered to the Administrative Agent, absent any demonstrable error therein. The A/R and Inventory Amount and the Foreign Subsidiary Obligations Amount shall be recalculated as of the last day of each month and reflected in the Collateral Value Certificate required to be delivered within 10 Business Days after the end of each month. The Foreign Subsidiary Equity Amount, the PP&E Amount and the Priority Obligations Amount shall be recalculated as of the last day of each fiscal quarter and reflected in the Collateral Value Certificate required to be delivered within 45 days after the end of each fiscal quarter. The Foreign Subsidiary Debt component used to calculate the Pledged Equity Value of any Direct Foreign Subsidiary shall be recalculated (and the Foreign Subsidiary Equity Amount adjusted to reflect such recalculated Foreign Subsidiary Debt component) in connection with each increase in the Foreign Subsidiary Debt in respect of a Direct Foreign Subsidiary that would, if recalculated, result in a decrease in the Foreign Subsidiary Equity Amount, after giving effect to such increase and any other payments then being made, and reflected in the Collateral Value Certificate required to be delivered in connection with each such increase in Foreign Subsidiary Debt; provided that no such recalculation shall be required if the aggregate increase in the Foreign Subsidiary Debt of all Foreign Subsidiaries does not exceed $20,000,000. The Collateral Value Amount shall be recalculated in connection with each Asset Sale Event by reducing the relevant component or components thereof by the amounts included therein that are attributable to the Collateral included in such Asset Sale Event, and such reductions shall be reflected in the Collateral Value Certificate required to be delivered in connection with each Asset Sale Event. Except for the calculations required above in connection the delivery of a Collateral Value Certificate, the other components of the Collateral Value Amount are not required to be recalculated in connection with such Collateral Value Cer...

Examples of Collateral Value Amount in a sentence

• Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower, and, if required by clause (d) of Section 5.01, a Collateral Value Certificate (updating the Collateral Value Amount in accordance with the definition of such term).

• Thus, by theIPCo Collateral Valuation Motion, the Committee is seeking an order finding that (i) the secured portion of the IPCo Notes Claims does not exceed the IPCo Collateral Value Amount pursuant to section 506(a)(1) of the Bankruptcy Code and Bankruptcy Rule 3012 and (ii) any claimsasserted by the IPCo Noteholders in excess of the IPCo Collateral Value Amount are general unsecured claims against the IPCo Debtors.

• Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or facsimile to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower, and, if required by clause (d) of Section 5.01, a Collateral Value Certificate (updating the Collateral Value Amount in accordance with the definition of such term).

• If (i) the Availability Amount is less than the Collateral Value Amount for two (2) consecutive calendar quarters, the provisions of Section 2.05(b)(i) shall apply and (b) if the Debt Yield is less than ten percent (10%) for any calendar quarter, (ii) the provisions of Section 2.05(b)(ii) shall apply.

• For example: Based on the maximum advance rates for listed stock (described above), if a single security is a listed stock and it makes up more than 25% of the total market of the stock used in determining the Collateral Value Amount, the maximum advance rate for the single security may be no more than 60% (70% minus 10%).

More Definitions of Collateral Value Amount

Collateral Value Amount means, as of any date of determination, without duplication, the sum of (a) the A/R and Inventory Amount as of such date, (b) the PP&E Amount as of such date, (c) the SPV Collateral Amount as of such date plus (d) the CNTA Amount as of such date. The Collateral Value Amount at any time shall be determined by reference to the most recent Collateral Value Certificate delivered to the Administrative Agent pursuant to Section 7.1(C)(ii).

Collateral Value Amount means, as of any date of determination, the sum of (a) the IMC Current Asset Base as of such date, plus (b) the Phosphate Subsidiary Current Asset Base as of such date, plus (c) the Fixed Asset Base as of such date.

Collateral Value Amount means, as of any date of determination, without duplication, the sum of (a) the A/R and Inventory Amount as of such date,(b) the PP&E Amount as of such date, (c) the SPV Collateral Amount as of such date plus (d) the CNTAAmount as of such date. The Collateral Value Amount at any time shall be determined by reference to the most recent Collateral Value Certificate delivered to the Administrative Agent pursuant to Section 7.1(C) (ii).

Collateral Value Amount set forth in Section 1.01 of the Existing Credit Agreement is hereby deleted in its entirety and replaced with the following:

Collateral Value Amount means, with respect to any Real Property asset, an amount equal to (a) sixty-five percent (65%) multiplied by (b) the Collateral Value as of such date for such Borrowing Base Asset; provided, however, no single Borrowing Base Asset (other than the Texas Regional Medical Center at Sunnyvale) shall represent more than 20% of the Aggregate Collateral Value Amount.

Collateral Value Amount has the meaning set forth in Section 6.23.

Collateral Value Amount means, as of any date, the sum of (a) the A/R and Inventory Amount as of such date, the Foreign Subsidiary Obligations Amount as of such date, the Foreign Subsidiary Equity Amount as of such date plus the PP&E Amount as of such date, minus(b) the Priority Obligations Amount as of such date. The Collateral Value Amount at any time shall be determined by reference to the most recent Collateral Value Certificate delivered to the Administrative Agent, absent any demonstrable error therein.The A/R and Inventory Amount and the Foreign Subsidiary Obligations Amount shall be recalculated as of the last day of each month and reflected in the Collateral Value Certificate required to be delivered within 10 Business Days after the end of each month. The Foreign Subsidiary Equity Amount, the PP&E Amount and the Priority Obligations Amount shall be recalculated as of the last day of each fiscal quarter and reflected in the Collateral Value Certificate required to be delivered within 45 days after the end of each fiscal quarter. The Foreign Subsidiary Debt component used to calculate the Pledged Equity Value of any Direct Foreign Subsidiary shall be recalculated (and the Foreign Subsidiary Equity Amount adjusted to reflect such recalculated Foreign Subsidiary Debt component) in connection with each increase in the Foreign Subsidiary Debt in respect of a Direct Foreign Subsidiary that would, if recalculated, result in a decrease in the Foreign Subsidiary Equity Amount, after giving effect to such increase and any other payments then being made, and reflected in the Collateral Value Certificate required to be delivered in connection with each such increase in Foreign Subsidiary Debt; provided that no such recalculation shall be required if the aggregate increase in the Foreign Subsidiary Debt of all Foreign Subsidiaries does not exceed $20,000,000. The Collateral Value Amount shall be recalculated in connection with each Asset Sale Event by reducing the relevant component or components thereof by the amounts included therein that are attributable to the Collateral included in such Asset Sale Event, and such reductions shall be reflected in the Collateral Value Certificate required to be delivered in connection with each Asset Sale Event. Except for the calculations required above in connection the delivery of a Collateral Value Certificate, the other components of the Collateral Value Amount are not required to be recalculated in connection with such Collateral Value Certi...