Fee Basis Amount definition
Fee Basis Amount. As of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the Aggregate Principal Balance of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest.
Fee Basis Amount means, for any Payment Date, an amount equal to the Aggregate Principal Balance.
Fee Basis Amount means, for any Payment Date, the quotient of (a) the arithmetic mean of (i) the Aggregate Principal Balance of all Eligible Collateral Assets plus (ii) the Principal Proceeds and Eligible Investments made with Principal Proceeds on deposit in the Collection Account, in each case, on the first day and on the last day of the related Interest Accrual Period, divided by (b) the number of days during such Interest Accrual Period.
Examples of Fee Basis Amount in a sentence
Subtract the U.S. Dollar value of the accrued and unpaid Manager’s Fee that accrues for such Business Day, as calculated based on the NAV Fee Basis Amount for such Business Day.
More Definitions of Fee Basis Amount
Fee Basis Amount means, as of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the Aggregate Principal Balance of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest and Principal Financed Capitalized Interest.
Fee Basis Amount means, for any Payment Date, an amount equal to the arithmetic mean of (i) the Aggregate Principal Balance of all Eligible Collateral Loans plus (ii) the Principal Proceeds and Eligible Investments made with Principal Proceeds on deposit in the Collection Account, in each case, on the first day and on the last day of the related Interest Accrual Period.
Fee Basis Amount means an amount equal for (a) the Initial Payment Date to the Aggregate Collateral Balance as of the last day of the related Due Period and (b) any other Payment Date (or other relevant date) to the Aggregate Collateral Balance on the first day of the related Due Period.
Fee Basis Amount means, as of any date of determination, the sum of (a) the Collateral Principal Amount (excluding any amounts constituting Sale Proceeds which the Collateral Manager has certified will be used to effect a redemption or Refinancing), (b) the Aggregate Principal Amount of all Defaulted Obligations and (c) the aggregate amount of all Principal Financed Accrued Interest.
Fee Basis Amount means, at any time, sum of (a) the Aggregate Maximum Principal Balance of the Collateral Loans (excluding any Defaulted Loans and Excess Concentration Amounts), (b) the Recovery Value of the Defaulted Loans and Excess Concentration Amounts and (c) the amount of all cash and Eligible Investments in the Collection Account and in the Future Funding Reserve Account, in each case constituting Principal Proceeds (excluding any Unfunded Amounts to the extent already included in the amount in clause (a)).
Fee Basis Amount. As of any date of determination, the sum of (a) the Collateral Principal Amount, (b) the aggregate principal amount of all Defaulted Obligations and Workout Loans and (c) the Market Value of any Equity Securities (or if no Market Value of such Equity Securities exists, the value determined by the Collateral Manager in its reasonable commercial judgment); provided that for purposes of clause (c), the Market Value of any such Equity Securities shall not exceed the principal balance of the related Collateral Obligation.
Fee Basis Amount means an amount equal, for any Payment Date, to the average of the aggregate CDS Principal Balance (excluding the aggregate Principal Balance of Defaulted Securities) on the first day of the related Due Period and the aggregate CDS Principal Balance (excluding the aggregate Principal Balance of Defaulted Securities) on the last day of such Due Period.