Amortisation Test Aggregate Loan Amount definition

Amortisation Test Aggregate Loan Amount has the meaning given to it in Clause 12.2 of the LLP Deed;
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Amortisation Test Aggregate Loan Amount means the amount calculated pursuant to the formula set out in clause 3 of the Cover Pool Management Agreement.
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Amortisation Test Aggregate Loan Amount has the meaning given in Clause 12.2 of the LLP Deed; Annual Submission Date means the date that the Issuer has agreed to submit the Asset Pool Monitor Report to the FCA for the purposes of complying with the RCB Regulations, being as at the date of this Agreement 8 November in each year, or such other date as agreed from time to time between the Issuer and the FCA;
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Examples of Amortisation Test Aggregate Loan Amount in a sentence

  • Under the Cover Pool Management Agreement, the Guarantor must ensure that, on each Calculation Date following service of an Issuer Default Notice on the Issuer and the Guarantor but prior to a Guarantor Event of Default and service of a Guarantor Default Notice, the Amortisation Test Aggregate Loan Amount will be in an amount at least equal to the aggregate principal amount of the Covered Bonds as calculated on the relevant Calculation Date.

  • Security becomes enforceable.Yield Shortfall TestFollowing an Issuer Event of Default, the Loans must yield SONIA plus 0.30%.Standard variable rate and other discretionary rates and/or margins will be increased.Amortisation TestFollowing a Notice to Pay, the Amortisation Test Aggregate Loan Amount will be in an amount at least equal to the Sterling Equivalent of the aggregate Principal Amount Outstanding of the Covered Bonds.LLP Event of Default will occur.

  • Amortisation Test: Pursuant to the Participation Agreement, the CB Guarantor must ensure, as of each Calculation Date following service of a Notice to Pay but prior to service of a CBG Acceleration Notice and/or realisation of the Security, that the Amortisation Test Aggregate Loan Amount is in an amount at least equal to the aggregate NZ Dollar Equivalent of the Principal Amount Outstanding of the Covered Bonds.

  • Amortisation Test Aggregate Loan Amount means the amount calculated pursuant to the formula set out in the Cover Pool Management Agreement.

  • Software tools offer the Project Manager the way to follow the evolution of the different project tasks and assure that the completion dates and requirements are in line with the defined planning.

  • Following the service of a Notice to Pay (but prior to service of a CBG Acceleration Notice) and, for so long as Covered Bonds remain outstanding, on each Test Date, the Amortisation Test Aggregate Loan Amount must be at least equal to the aggregate SGD Equivalent of the outstanding nominal amount of the Covered Bonds as at such date.

  • If, on any Calculation Date following the service of a Notice to Pay on the LLP, the Amortisation Test Aggregate Loan Amount is less than the Sterling Equivalent of the aggregate Principal Amount Outstanding of the Covered Bonds as calculated on the relevant Calculation Date, then the Amortisation Test shall be deemed to be breached and an LLP Event of Default shall occur.

  • Amortisation Test: Pursuant to the LLP Deed, the LLP and the Members (other than the Liquidation Member) must ensure that on each Calculation Date following service of a Notice to Pay on the LLP but prior to the service of an LLP Acceleration Notice and/or the realisation of the Security and/or the commencement of winding-up proceedings against the LLP, the Amortisation Test Aggregate Loan Amount is in an amount at least equal to the aggregate Principal Amount Outstanding under the Covered Bonds.

  • Security becomes enforceable.Yield Shortfall TestFollowing an Abbey Event of Default, the Loans must yield LIBOR plus 0.15%.Standard variable rate and other discretionary rates and/or margins will be increased.Amortisation TestFollowing a Notice to Pay, the Amortisation Test Aggregate Loan Amount will be in an amount at least equal to the Sterling Equivalent of the aggregate Principal AmountOutstanding of the Covered Bonds.LLP Event of Default will occur.

  • Under the Cover Pool Management Agreement, the Guarantor must ensure that, on each Test Calculation Date following service of an Issuer Default Notice on the Issuer and the Guarantor but prior to a Guarantor Event of Default and service of a Guarantor Default Notice, the Amortisation Test Aggregate Loan Amount will be in an amount at least equal to the aggregate principal amount of the Covered Bonds as calculated on the relevant Test Calculation Date.

Related to Amortisation Test Aggregate Loan Amount

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Collateral Principal Percentage means, with respect to any Monthly Period, (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Collateral Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Collateral Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Available Aggregate Commitment means, at any time, the Aggregate Commitment then in effect minus the Aggregate Outstanding Credit Exposure at such time.

  • Aggregate Collateral Balance means, as at any Measurement Date, the amount equal to the aggregate of the following amounts, as at such Measurement Date:

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • Funded Amount means, with respect to any Revolving Obligation (excluding a Synthetic Security) or Delayed Drawdown Collateral Obligation at any time, the aggregate principal amount of advances or other extensions of credit to the extent funded thereunder by the Issuer that are outstanding at such time.

  • Adjusted Collateral Principal Amount means, as of any date of determination:

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]