Initial Collateral Interest definition

Initial Collateral Interest means the aggregate initial principal --------------------------- amount of the Collateral Interest on the Closing Date, which is $33,000,000.

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Initial Collateral Interest means the aggregate initial principal amount of the Collateral Interest, which is $37,500,000.

Initial Collateral Interest. Any of the Collateral Interests acquired or entered into by the Issuer on the Closing Date or with respect to which the Issuer has, as of the Closing Date, entered into a binding commitment to purchase.

Examples of Initial Collateral Interest in a sentence

• On the Closing Date, to the extent such amount exceeds the Aggregate Class AR Undrawn Amount, the Issuer shall deposit into the Delayed Funding Obligations Account the amount necessary to fulfill the maximum funding obligations, in the aggregate, under all Delayed Draw Term Loans included in the Initial Collateral Interest.

• As of the Closing Date, the Class A Initial Investor Interest is $432,500,000 the Class B Initial Investor Interest is $30,000,000 and the Initial Collateral Interest is $37,500,000.

• As of the Closing Date, the Class A Initial Investor Interest is $637,500,000 the Class B Initial Investor Interest is $52,500,000 and the Initial Collateral Interest is $60,000,000.

• As of the Closing Date, the Class A Initial Investor Interest is $637,500,000, the Class B Initial Investor Interest is $52,500,000 and the Initial Collateral Interest is $60,000,000.

• As of the Closing Date, the Class A Initial Investor Interest is $432,500,000, the Class B Initial Investor Interest is $30,000,000 and the Initial Collateral Interest is $37,500,000.

More Definitions of Initial Collateral Interest

Initial Collateral Interest means the Collateral Interest outstanding on the Funding Date.