Geographical Concentration Limits definition
Geographical Concentration Limits means, at any time, with respect to the acres of Crops in any single state, any five states in the aggregate and in the "South Region" (as defined in the Credit and Collection Policy) financed by Eligible Advances included in Acquired Assets at such time, an amount equal to the percentage listed opposite such state(s)/region multiplied by the aggregate outstanding Principal Balances of Eligible Advances included in Acquired Assets at such time: % of Eligible Category Advances Any single state 20% Any five state in the aggregate 70% South Region 12%
Geographical Concentration Limits means, at any time, with respect to the acres of Crops in any of the five single states with the highest Crop concentrations, any five states in the aggregate and in the "South Region" (as defined in the Credit and Collection Policy) financed by Eligible Advances included in Pledged Assets at such time, an amount equal to the percentage listed opposite such state(s)/region multiplied by the aggregate outstanding Principal Balances of Eligible Advances included in Pledged Assets at such time: % of Eligible Category Advances The highest single state 22% The second highest single state 20% The third highest single state 16% The fourth highest single state 16% The fifth highest single state 16% Any five states in the aggregate 70% South Region 10%