Industry Limit definition
Industry Limit means, as of any date of determination, an amount equal to the greater of (a) 15% of the aggregate Adjusted Outstanding Loan Balances of all Eligible Loans as of such date and (b) $11,250,000.
Industry Limit shall have the meaning assigned to such term in the Indenture.
Examples of Industry Limit in a sentence
Risk Rated 7 Industry Limit (sum of all Loans to single industry segment 10% with risk rating of 7 may not exceed 10%) 11.