Definition of Portfolio Value

  1. Portfolio Value means, as of the date of determination, the remaining present value of the projected Net Cash Flow from all Eligible Projects in the Project Pool as set forth in the Base Case Model (updated as of such determination date in accordance with Section 8.01(i) (Updated Projections)) for each quarterly payment period during the remaining term of the Customer Agreements (not to exceed *** years and assuming no contract renewals), discounted at *** percent (***%) per annum.

Examples of Portfolio Value in a sentence

  1. Borrower shall be permitted to increase or decrease the Eligible Portfolio Value, by the addition or deletion of Collateral, provided that at the time Borrower elects to delete Collateral, (i) no Event of Default (hereinafter defined) exists and (ii) such deletion does not cause the then outstanding principal balance of the Note to exceed the Borrowing Base, as the Borrowing Base will exist after the deletion of such Collateral.

Definition of Portfolio Value in Credit Agreement

Portfolio Value means, as of the date of determination, the remaining present value of the projected Cash Available for Debt Service from all Projects in the Project Pool as set forth in the Base Case Model (updated as of such determination date) for each quarterly payment period during the remaining term of the Customer Agreements (not to exceed [***] years and assuming no contract renewals), discounted at [***]percent ([***]%) per annum.


Definition of Portfolio Value in Loan Agreement

Portfolio Value means, as of the date of determination, the remaining present value of the projected Net Cash Flow from all Eligible Projects in the Project Pool as set forth in the Base Case Model (updated as of such determination date in accordance with Section 8.01(i) (Updated Projections)) for each quarterly payment period during the remaining term of the Customer Agreements (not to exceed *** years and assuming no contract renewals), discounted at *** percent (***%) per annum.