Net Aggregate Exposure Amount means the excess (if any) of (i) the aggregate Unfunded Amount on such date over (ii) the sum of (x) amounts on deposit in the Future Funding Reserve Account on such date and (y) amounts on deposit in the Collection Account on such date, including Eligible Investments, representing Principal Proceeds.
Net Aggregate Exposure Amount means, at any time, the excess (if any) of (a) the aggregate unfunded amounts in respect of all Delayed Drawdown Collateral Loans at such time over (b) the aggregate amount on deposit in the Unfunded Reserve Account at such time.
Net Aggregate Exposure Amount. The excess of the aggregate of the Exposure Amounts of the Revolving Collateral Obligations and Delayed Drawdown Collateral Obligations over the amount of Principal Proceeds in the Revolver Funding Account.
Examples of Net Aggregate Exposure Amount in a sentence
On the Commitment Termination Date and at all times thereafter, the “Revolving Reserve Required Amount” shall equal the sum of (x) the Net Aggregate Exposure Amount, plus (y) the aggregate amount of funds needed to settle purchases of Loans which the Borrower committed, prior to the end of the Reinvestment Period, to acquire after the Commitment Termination Date.
More Definitions of Net Aggregate Exposure Amount
Net Aggregate Exposure Amount means, at any time, the sum of (a) the product of (i) the Unfunded Amount of each Eligible Collateral Loan (other than Defaulted Collateral Loans and Haircut Collateral Loans) and (ii) 1 minus the Advance Rate related to such Collateral Loan plus (b) the product of (i) the Unfunded Amount of each Haircut Collateral Loan (other than Defaulted Collateral Loans) and (ii) 1 minus the Recovery Rate related to such Haircut Collateral Loan plus (c) the Unfunded Amount of each Defaulted Collateral Loan and Ineligible Collateral Loan.
Net Aggregate Exposure Amount. At any time, with respect to all Revolving Collateral Obligations and Delayed Drawdown Collateral Obligations, the excess (if any) of (a) the aggregate of such Exposure Amounts at such time over (b) the amount standing to the credit of the Exposure Funding Account.
Net Aggregate Exposure Amount means, at any time, the excess (if any) of (x) the aggregate unfunded amounts in respect of all Revolving Collateral Loans and Delayed Drawdown Collateral Loans at such time over (y) the aggregate amount on deposit in the Revolving Reserve Account at such time.
Net Aggregate Exposure Amount means, as of any date, the excess of the aggregate of the Exposure Amounts on such date of the Revolving Debt Obligations and Delayed Funding Debt Obligations over the amount of Principal Proceeds standing to the credit of the Class A-2R Future Funding Reserve Account on such date.
Net Aggregate Exposure Amount means, at any time, the sum of (a) the product of (i) the Unfunded Amount of each Eligible Collateral Loan (other than Defaulted Collateral Loans and Haircut Collateral Loans) and (ii) 1 minus the Advance Rate related to such Collateral Loan plus (b) the product of (i) the Unfunded Amount of each Haircut Collateral Loan (other than Defaulted Collateral Loans) and
Net Aggregate Exposure Amount means the amount by which:
Net Aggregate Exposure Amount means, at any time, the excess (if any) of (x) the Dollar Equivalent of the aggregate unfunded amounts in respect of all Revolving Collateral Loans and Delayed Drawdown Collateral Loans at such time over