Conduit Purchase Limit definition

Conduit Purchase Limit means, for each Conduit, the purchase limit of such Conduit with respect to Incremental Purchases, in an amount not to exceed (i) in the aggregate, the amount set forth opposite such Conduit’s name on Schedule A to this Agreement, as such amount may be modified in accordance with the terms hereof (including, without limitation, Section 4.6(b)) and (ii) with respect to any individual Incremental Purchase hereunder, its Pro Rata Share of the aggregate Cash Purchase Price therefor.
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Conduit Purchase Limit of any Conduit Purchaser means the dollar amount set forth on Schedule II hereto opposite such Conduit Purchaser’s name, as such amount may be reduced pursuant to Section 2.01(c) or Section 2.18.
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Conduit Purchase Limit means, for each Conduit, the purchase limit of such Conduit with respect to Purchases from Seller, in an amount not to exceed (i) in the aggregate, the amount set forth opposite such Conduit’s name on Schedule A to this Agreement, as such amount may be THIRD AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT modified in accordance with the terms hereof (including, without limitation, Section 4.6(b)) and (ii) with respect to any individual Purchase hereunder, its Pro Rata Share of the aggregate Cash Purchase Price therefor.
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Examples of Conduit Purchase Limit in a sentence

  • A text was agreed and Mr Gibbs then circulated it (p.447A), describing it as a productive discussion and expressing the hope that they could all now move on.

  • Committed Purchaser: Citibank, N.A. Commitment: $250,000,000 450 Mamaroneck Avenue Harrison, N.Y. 10528 Attention: Robert Kohl Telephone: (914) 899-7218 Telecopy: (914) 899-7903 Conduit Purchaser: CAFCO, LLC Conduit Purchase Limit: $250,000,000 450 Mamaroneck Avenue Harrison, N.Y. 10528 Attention: Maryjo Gavigan Telephone: (914) 899-7122 Telecopy: (914) 899-7903 Managing Agent: Citicorp North America, Inc.

  • No Conduit Purchaser shall participate in an Incremental Purchase under this Agreement at any time in an amount which would exceed such Conduit Purchaser’s Conduit Purchase Limit less an amount equal to the aggregate outstanding Capital held by such Conduit Purchaser.


More Definitions of Conduit Purchase Limit

Conduit Purchase Limit means, for any Conduit, the maximum Capital which may be purchased by such Conduit as set forth on Schedule A hereto.
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Conduit Purchase Limit. ASSET ONE SECURITIZATION, LLC, $200,000,000 as a Conduit Purchaser By___________________________ Name: Title: Commitment: $200,000,000 ASSET ONE SECURITIZATION, LLC, as a Committed Purchaser By__________________________ Name: Title: Societe Generale, as a Managing Agent By__________________________ Name: Title:
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Related to Conduit Purchase Limit

  • Optional Purchase Percentage means 5%.

  • Participation Amount as defined in Section 3.4(b).

  • Tranche Write-up Amount With respect to each Payment Date, the excess, if any, of the Principal Recovery Amount for such Payment Date over the Principal Loss Amount for such Payment Date.

  • Strike Percentage means 100%

  • Series Servicing Fee Percentage means 2% per annum.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • 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.

  • Investment Percentage means a percentage established for each Partner on the Partnership's books as of the first day of each Fiscal Period. The Investment Percentage of a Partner for a Fiscal Period will be determined by dividing the balance of the Partner's Capital Account as of the commencement of the Fiscal Period by the sum of the Capital Accounts of all of the Partners as of the commencement of the Fiscal Period. The sum of the Investment Percentages of all Partners for each Fiscal Period will equal 100%.

  • Spread Account Percentage means, (i) 0% if the Quarterly Excess Spread Percentage on such Payment Date is greater than or equal to 5.00%, (ii) 2.00% if the Quarterly Excess Spread Percentage on such Payment Date is less than 5.00% and greater than or equal to 4.50%, (iii) 2.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 4.50% and greater than or equal to 4.00%, (iv) 3.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 4.00% and greater than or equal to 3.50%, (v) 4.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 3.50% and greater than or equal to 3.00%, (vi) 5.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 3.00% and greater than or equal to 2.50%, (vii) 6.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 2.50% and greater than or equal to 1.50%, (viii) 7.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 1.50% and greater than or equal to 0.50% and (ix) 8.50% if the Quarterly Excess Spread Percentage on such Payment Date is less than 0.50%.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Unfunded Amount means, at any time, the sum of (i) the aggregate Exposure Amount at such time plus (ii) the aggregate Unsettled Amount at such time.

  • Pre-Funded Amount With respect to any date of determination, the amount on deposit in the Pre-Funding Account.

  • Accelerated Purchase Share Percentage means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, thirty percent (30%).

  • Purchase Percentage means, with respect to any Purchased Asset, the applicable Maximum Purchase Percentage specified in Schedule 1 (or as otherwise specified in the applicable Confirmation), as adjusted in accordance with Schedule 1 (or as otherwise specified in the applicable Confirmation).

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of all Revolving Loans then outstanding; provided that in the event that the Revolving Loans are paid in full prior to the reduction to zero of the Total Revolving Commitments, the Revolving Percentages shall be determined in a manner designed to ensure that the other outstanding Revolving Extensions of Credit shall be held by the Revolving Lenders on a comparable basis.

  • Invested Amount means, as of any date of determination, an amount equal to the sum of (a) the Class A Invested Amount as of such date, (b) the Class B Invested Amount as of such date and (c) the Collateral Invested Amount as of such date.

  • Swing Line Participation Amount as defined in Section 2.7(c).