Portion of Capital definition

Portion of Capital means, with respect to any Purchaser and its related Capital, the portion of such Capital being funded or maintained by such Purchaser by reference to a particular interest rate basis.

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Portion of Capital means 100% of the Capital.

Portion of Capital means any separate portion of Capital being funded or maintained by the Issuer (or its successors or permitted assigns) by reference to a particular interest rate basis. In addition, at any time when the Capital of the Purchased Interest is not divided into two or more such portions, "Portion of Capital" means 100% of the Capital.

Examples of Portion of Capital in a sentence

• Thereafter, until the Administrator notifies the Seller that the circumstances giving rise to such suspension no longer exist, (A) no Portion of Capital shall be funded at the Alternate Rate determined by reference to Adjusted Term SOFR and (B) the Discount for any outstanding Portions of Capital then funded at the Alternate Rate determined by reference to Adjusted Term SOFR shall be converted to the Alternate Rate determined by reference to the Base Rate.

• On or prior to the last day of each Settlement Period, each Purchaser Agent will notify the Servicer and the Administrator telephonically, by electronic mail or by facsimile of the amount of Discount accrued with respect to each Portion of Capital during such related Settlement Period.

• Upon the Seller’s receipt of notice of the commencement of a Benchmark Unavailability Period with respect to a given Benchmark, (A) no Portion of Capital shall be funded at the Alternate Rate determined by reference to Adjusted Term SOFR and (B) the Discount for any outstanding Portions of Capital then funded at the Alternate Rate determined by reference to Adjusted Term SOFR shall be converted to the Alternate Rate determined by reference to the Base Rate.

More Definitions of Portion of Capital

Portion of Capital means, with respect to any Purchaser and its Capital, any separate portion of such Capital being funded or maintained by such Purchaser (or its successors or permitted assigns) by reference to a particular interest rate basis. In addition, at any time when such Capital is not divided into two or more such portions, “Portion of Capital” means 100% of such Capital.

Portion of Capital means each portion of the Capital pursuant to which the Discount with respect thereto is calculated by reference to a different interest rate.

Portion of Capital has the meaning set forth in Section 1.7 of the Agreement. In addition, at any time when the Capital of the Purchased Interest is not divided into two or more such portions, "Portion of Capital" means 100% of the Capital.

Portion of Capital means, with respect to any Purchaser, any separate portion of such Purchaser's Net Investment being funded or maintained by such Purchaser (or its successors or permitted assigns) by reference to a particular interest rate basis.

Portion of Capital means specified portions of Capital outstanding as follows: (a) any Capital to which a BSBY Rate Option applies under the same Investment Request by the Seller and which have the same Yield Period shall constitute one Portion of Capital, (b) all Capital to which a Daily BSBY Floating Rate Option applies shall constitute one Portion of Capital and (c) all Capital to which a Base Rate Option applies shall constitute one Portion of Capital.

Portion of Capital means a portion of the outstanding Capital which accrues Discount according to the same Yield Rate and as to which a single Yield Period is in effect.

Portion of Capital means specified portions of Investments outstanding as follows: (a) any Investments to which the Term SOFR Rate applies under the same Investment Notice by the Seller and which have the same Discount Period shall constitute one Portion of Capital, (b) all Investments to which Daily 1M SOFR applies shall constitute one Portion of Capital and (c) all Investments to which a Base Rate Option applies shall constitute one Portion of Capital.