Definition of Portfolio Excess Spread

  1. Portfolio Excess Spread means, collectively, the Retained Portfolio Excess Spread and the Repledge Portfolio Excess Spread.

Examples of Portfolio Excess Spread in a sentence

  1. Pledgor is solvent and will not be rendered insolvent by the acquisition of the Portfolio Excess Spread or by this Agreement and, after giving effect to such acquisition and this Agreement, will not be left with an unreasonably small amount of capital with which to engage in its business.

Definition of Portfolio Excess Spread in Loan and Security Agreement

Portfolio Excess Spread means, any Portfolio Excess Spread as defined in, and acquired by, the Borrower under the applicable Participation Agreement from time to time.


Definition of Portfolio Excess Spread in Subordination Agreement

Portfolio Excess Spread means, collectively, the Retained Portfolio Excess Spread and the Repledge Portfolio Excess Spread.