Collateralized Portion definition

Collateralized Portion means, as of any date of determination, an amount equal to the lesser of (i) $5,000,000, and (ii) the Borrowing Base attributable to Supplemental Cash Collateral on such date.
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Collateralized Portion means, as of any date of determination, an amount equal to the
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Collateralized Portion means, as at any date of determination with respect to any Receivable, the amount equal to the Outstanding Balance of such Receivable minus the Uncollateralized Portion of such Receivable.
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Examples of Collateralized Portion in a sentence

  • If ACE has provided Collateral, then the LOC Commission Rate in respect of the Collateralized Portion of the LOCs will be reduced to (a) 0.40% of the Cash Collateralized Portion of the LOCs; and (b) 0.50% of the Non-Cash Collateralized Portion of the LOCs; provided that such rates will increase to 0.60% and 0.70%,respectively, during the existence of an Event of Default.

  • If ACE has provided Collateral, then the LOC Commission Rate in respect of the Collateralized Portion of the LOCs will be reduced to (a) 0.40% of the Cash Collateralized Portion of the LOCs; and (b) 0.50% of the Non-Cash Collateralized Portion of the LOCs; provided that such rates will increase to 0.60% and 0.70%, respectively, during the existence of an Event of Default.

  • Borrower shall pay Agent (for the ratable benefit of the Lenders with a Revolver Commitment, subject to any agreements between Agent and individual Lenders), a Letter of Credit fee (in addition to the charges, commissions, fees, and costs set forth in Section 2.11(e)) which shall accrue at a per annum rate equal to (i) with respect to the Collateralized Portion, 1.00% and (ii) with respect to the remainder of the Daily Balance of the undrawn amount of all outstanding Underlying Letters of Credit, 3.00%.

  • Upon a prepayment of Dollar Loans or any other event which adjusts the Collateralized Portion and Non-Collateralized Portion of the Dollar Loans held by a Dollar Lender, the Borrower shall promptly provide an updated schedule to the Administrative Agent.

  • For purposes hereof, the "Non- Collateralized Portion" of each PTMI Loan of any Tranche 1 Lender on any date shall mean the principal amount of all PTMI Loans of such Lender multiplied by a fraction (i) the numerator of which is (x) the aggregate amount of PTMI Loans outstanding on such date minus (y) the amount of Collateralized PTMI Advances on such date and (ii) the denominator of which is the aggregate amount of PTMI Loans outstanding on such date.


More Definitions of Collateralized Portion

Collateralized Portion means, with respect to any Dollar Loans outstanding at any time, an aggregate principal amount of such Dollar Loans equal to the amount on deposit at such time in the Collateral Account; provided, that in determining which Dollar Loans constitute the Collateralized Portion of Dollar Loans, any amounts on deposit in the Collateral Account as a result of a prepayment event of the type described in Section 4.3 (a) through (d) shall be deemed to collateralize (i) exclusively the JLA Loans that are Dollar Loans on a pro rata basis in accordance with the principal amount thereof until the principal amount of JLA Loans that is not deemed collateralized pursuant to this clause (i) is equal to the Reduction Threshold and (ii) thereafter, all Dollar Loans not deemed collateralized pursuant to clause (i) (including, for the avoidance of doubt, the JLA Loans that are Dollar Loans that are not deemed collateralized pursuant to clause (i)) on a pro rata basis in accordance with the principal amount thereof.
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