Pledge Amount definition

Pledge Amount has the meaning set forth in the Pledge Agreement.
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Pledge Amount means at any time the Initial Pledge Amount minus the cumulative amount of all Dilution Amounts in excess of the aggregate amount of $3,351,000, as set forth more specifically in Section 2.7(b) hereof.
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Pledge Amount means the sum of (i) the Performance Amount plus (ii) the Initial Pledge Amount (as the same may be increased from time to time). Any request for Additional Pledges will be accompanied by a statement setting forth the calculation used in determining the additional pledge.
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Examples of Pledge Amount in a sentence

  • The Custodian will not pay the Depository any principal funds as a result of a maturity or redemption without 1) the receipt of written authorization by the Administrator, and 2) adequate collateral replacement or substitution of Approved Securities to ensure the Fair Market Value of the Securities Account exceeds the Pledge Amount, if needed.

  • In the event of a maturity or redemption, the Custodian will require the substitution of an appropriate amount of Approved Securities to satisfy the Pledge Amount.

  • The Depository agrees that, as long as the Treasurer or any Public Body has Public Funds on deposit with the Depository, the Depository shall maintain at all times Pledged Securities with an aggregate Fair Market Value equal to at least the Pledge Amount.

  • The Depository shall also deposit additional Approved Securities in the Securities Account maintained by the Custodian within three (3) business days (or five (5) business days in the case where the Depository intends to use a Federal Home Loan Bank Letter of Credit) of the date of noncompliance if necessary to reach and maintain the Pledge Amount.

  • Any noncompliance (as defined as a day where the Fair Market Value of the Approved Securities does not equal or exceed the Pledge Amount) will be reported, in an electronic format, to the Administrator and Treasury within three (3) business days.

  • The Qualified Trustee will not pay the Depository any principal funds as a result of a maturity or redemption without (1) the receipt of written authorization by the Administrator, and (2) adequate collateral replacement of Approved Securities to ensure the Fair Market Value of the Securities Account exceeds the Pledge Amount, if needed.

  • The Depositories shall monitor the Pledge Amount on a daily basis.

  • In the event of a maturity or redemption, the Qualified Trustee shall require the substitution of an appropriate amount of Approved Securities to satisfy the Pledge Amount.

  • On the Closing Date, the Company shall deliver the Initial Pledge Amount to the Pledge Agent for deposit into the Pledge Account against the Pledge Agent's written acknowledgment and receipt.

  • On this basis, after the margin value extended to the Pledgor, the Pledgor will wire to the Secured Party, from the Margin Value extended, the value equivalent to 75 % of the Pledge Amount The liability for this Margin Value Facility is completely assumed by the Secured Party and guaranteed by the Secured Party as set forth in Section 9(h).


More Definitions of Pledge Amount

Pledge Amount shall have the meaning given in the Security Agreement.
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Pledge Amount means at all times the Initial Pledge Amount or the outstanding principal balance of the Loan, whichever is less."
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Pledge Amount as defined in Section I.A.10 thereof would be reduced from $700,000 to $350,000 and upon satisfaction of certain conditions released;
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Pledge Amount means a promise to pay the costs agreed upon between the County Department and Energy Provider to alleviate the eligible household crises. 1. Determine household eligibility as set forth by policy. 2. Advise the Energy Provider of the name, address, account number, if any, and amount pledged to the account of each eligible household. 3. Notify the Eligible Household of the pledge amount to be made on their behalf by the County to the Energy Provider. 4. For each Eligible Household, make timely payments to the Energy Provider of the portion of the Pledge Amount for credit to that Eligible Household’s account for Home Energy supplied in accordance with the terms of this Agreement.
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Pledge Amount means $10,023,000.00"
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Pledge Amount set forth in the Original Security Agreement is hereby amended to read in full as follows:
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Related to Pledge Amount

  • Uncertificated Accrued Interest With respect to each REMIC Regular Interest on each Distribution Date, an amount equal to one month’s interest at the related Uncertificated Pass-Through Rate on the related Uncertificated Principal Balance or related Uncertificated Notional Amount of such REMIC Regular Interest. In each case, Uncertificated Accrued Interest will be reduced by any Prepayment Interest Shortfalls and Relief Act Interest Shortfalls (allocated to such REMIC Regular Interests as set forth in Section 1.02).

  • First Priority Principal Distributable Amount With respect to any Distribution Date, an amount equal to the excess, if any, of (i) the aggregate outstanding principal balance of the Class A Notes as of the preceding Distribution Date (after giving effect to any principal payments made on the Class A Notes on such preceding Distribution Date) over (ii) the Aggregate Receivables Principal Balance as of the close of business on the last day of the immediately preceding Monthly Period.

  • Second Priority Principal Distributable Amount With respect to any Distribution Date, an amount, not less than zero, equal to the difference between (i) the excess, if any, of (a) the aggregate outstanding principal balance of the Class A Notes and the Class B Notes as of the preceding Distribution Date (after giving effect to any principal payments made on the Class A Notes and the Class B Notes on such preceding Distribution Date) over (b) the Aggregate Receivables Principal Balance as of the close of business on the last day of the immediately preceding Monthly Period, and (ii) the First Priority Principal Distributable Amount, if any, with respect to such Distribution Date.

  • Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.

  • Aggregate Noteholders’ Priority Principal Distributable Amount With respect to any Distribution Date, the sum of (i) the First Priority Principal Distributable Amount, (ii) the Second Priority Principal Distributable Amount, (iii) the Third Priority Principal Distributable Amount and (iv) the Fourth Priority Principal Distributable Amount, each as of such Distribution Date. Aggregate Principal Balance of Non-Subvented Receivables: As of any date, the present value as of such date of all scheduled monthly payments on all of the Non-Subvented Receivables (other than Liquidating Receivables) held by the Issuing Entity on such date which have not been applied on or prior to such date (determined after taking into account any Warranty Payments and Administrative Purchase Payments in respect of such Receivables), with each Receivable being discounted from the last day of the calendar month in which payments are to become due to such date at the greater of the Discount Rate and the Annual Percentage Rate.