Excess Concentration Loan definition

Excess Concentration Loan. Each Loan listed on Schedule VIII attached hereto.
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Examples of Excess Concentration Loan in a sentence

  • The Borrower may direct the Collateral Agent in writing to sell any Excess Concentration Loan at any time during or after the Reinvestment Period and shall specify in writing to the Collateral Agent and the Facility Agent the amount of proceeds of any such sale.

  • The only permitted deposits to or withdrawals from the Excess Concentration Loan Account shall be in accordance with the provisions of this Agreement.

  • Upon any change in the Principal Balance of any Excess Concentration Loan, including, without limitation, as a result of any purchase or sale of an Excess Concentration Loan, the Borrower shall provide the Collateral Agent and the Facility Agent with an updated list of each Excess Concentration Loan and the Principal Balance thereof.

  • The Borrower shall have legal, equitable and beneficial interest in the Excess Concentration Loan Account in accordance with this Agreement.

  • The nature, source and amount of any proceeds in the Collection Account (including Principal Proceeds and Interest Proceeds received since the Monthly Report Determination Date or Determination Date relating to the last Monthly Report or Payment Date Report, respectively), the Excess Concentration Loan Account and the Revolving Reserve Account 5.

  • All Monies deposited from time to time in the Excess Concentration Loan Account pursuant to this Agreement shall be held by the Collateral Agent as part of the Collateral and shall be applied to the purposes herein provided.

  • Whether the Excess Concentration Loan is a Credit Risk Loan or Defaulted Loan o.

  • The Collateral Agent, on or prior to the Original Closing Date, has established at the Custodian a single, segregated securities account held in trust and titled the "WhiteHorse Finance Warehouse, LLC Excess Concentration Loan Account, subject to the lien of the Collateral Agent", which has been designated as the "Excess Concentration Loan Account", which has been and shall be maintained by the Borrower with the Custodian and which has been and shall be subject to the lien of the Collateral Agent.

  • To identify proposals that would support and advance the broader agenda to reform the Organization.

  • For the avoidance of doubt, the Collateral Agent shall have no obligation to determine (and the Collateral Manager will timely advise the Collateral Agent) whether any item of Collateral meets the definition of "Collateral Obligation", "Credit Risk Loan", "Equity Security", "Defaulted Loan" or "Excess Concentration Loan".

Related to Excess Concentration Loan

  • Excess Concentration means the sum of the following amounts, without duplication:

  • Excess Concentration Amount means, on any date of determination, the sum of, without duplication,

  • Obligor Concentration Limit At any time, in relation to the aggregate Unpaid Balance of Receivables owed by any single Obligor and its Affiliated obligors (if any):

  • Concentration Percentage means (i) for any Group AA Obligor, 30.00%, (ii) for any Group A Obligor, 17.50%, (iii) for any Group B Obligor, 15.00%, (iv) for any Group C Obligor, 12.50% and (v) for any Group D Obligor, 7.50%.

  • Concentration Limit means at any time for any Obligor, the product of (i) such Obligor’s Specified Concentration Percentage, times (ii) the aggregate Unpaid Balance of the Eligible Receivables included in the Receivables Pool at the time of determination.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Concentration Reserve Percentage means, at any time of determination, the largest of: (a) the sum of the five (5) largest Obligor Percentages of the Group D Obligors, (b) the sum of the three (3) largest Obligor Percentages of the Group C Obligors, (c) the sum of the two (2) largest Obligor Percentages of the Group B Obligors and (d) the largest Obligor Percentage of the Group A Obligors.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Collateral Available Funds means with respect to any Distribution Date, the Collateral Floating Percentage of Reallocated Investor Finance Charge Collections with respect to the preceding Monthly Period.

  • Concentration Limits means, as of any date of determination prior to (x) the Commitment Termination Date with respect to all items below and (y) the Final Maturity Date with respect to the concentration limit set forth in clause (c) below, for purposes of determining the Excess Concentration Amount and the Borrowing Base, the concentration limitations set forth below:

  • Excess Collections shall have the meaning specified in Section 2.8(a)(xv) of the Indenture.

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Required Reserve Fund Amount With respect to any Distribution Date on which the Net Excess Spread is less than 0.25%, the amount, if any by which (a) the product of 1.00% and the Pool Balance for such date exceeds (b) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. With respect to any Distribution Date on which the Net Excess Spread is equal to or greater than 0.25%, the amount, if any, by which (i) $1,000 exceeds (ii) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. Provided, however, that on any Distribution Date on which the Class Principal Amount of each Class of LIBOR Certificates has been reduced to zero, the Required Reserve Fund Amount shall be zero.

  • Available Reserve Account Amount means, with respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (before giving effect to any deposit to be made to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.

  • Concentration Limitations has the meaning set forth in Schedule 4.

  • Concentration means the weight of any given material present in a unit volume of liquid. Unless otherwise indicated in this permit, concentration values shall be expressed in milligrams per liter (mg/l).

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).