Net Outstanding Portfolio Collateral Balance definition

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, the amount of the aggregate Principal Balance on such Measurement Date of all Collateral Debt Securities, plus (a) the aggregate Principal Balance of all Principal Proceeds and Uninvested Proceeds held as cash and Eligible Investments and any amount on deposit at such time in the Principal Collection Account or the Uninvested Proceeds Account, minus (b) the aggregate Principal Balance on such Measurement Date of all Collateral Debt Securities that are Defaulted Securities or Deferred Interest Collateral Debt Securities, plus (c) for each Defaulted Security or Deferred Interest Collateral Debt Security, the Calculation Amount with respect to such Defaulted Security or Deferred Interest Collateral Debt Security.

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, an amount equal to (a) the aggregate Principal Balance on such Measurement Date of all Collateral Debt Securities plus (b) the aggregate Principal Balance of all Principal Proceeds and Uninvested Proceeds held as cash and Eligible Investments and U.S. Agency Securities purchased with Principal Proceeds or Uninvested Proceeds and any amount on deposit at such time in the Principal Collection Account or the Uninvested Proceeds Account (without duplication) minus (c) the aggregate Principal Balance on such Measurement Date of all Collateral Debt Securities that are (i) Defaulted Securities or Deferred Interest PIK Bonds or

Net Outstanding Portfolio Collateral Balance means, as of any Measurement Date, an amount equal to (a) the sum of (i) the aggregate principal balance on such Measurement Date of all Collateral Debt Securities, (ii) the aggregate principal balance of all Principal Proceeds and Uninvested Proceeds held as Eligible Investments purchased with Principal Proceeds or Uninvested Proceeds, and (iii) for each Defaulted Security, the Calculation Amount with respect to such Defaulted Security less (b) the sum of (i) the aggregate principal balance on such Measurement Date of all Collateral Debt Securities that are (A) Defaulted Securities or (B) Equity Securities and (ii) the Moody's Discount Haircut Amount; provided that clauses (a)(iii) and (b) above shall be disregarded for the purpose of calculating the Net Outstanding Portfolio Collateral Balance in connection with any of the percentage limitations set forth in the Eligibility Criteria.

Examples of Net Outstanding Portfolio Collateral Balance in a sentence

• Required percentages, unless otherwise indicated, are specified as a percentage of the Net Outstanding Portfolio Collateral Balance as of the related Measurement Date, provided that the Eligibility Criteria are not applicable after the Ramp-Up Completion Date; provided further that the Net Outstanding Portfolio Collateral Balance will equal $1,010,000,000 for purposes of calculating the Eligibility Criteria.

• The standard eventually suggested in the commentary was that the peril must be determined by evidence reasonably existing at the time, under review of a Tribunal145.

• There will be no resulting change to the number of options on issue upon the issue and conversion of the Tranche 4 Notes.The Company currently has 68,675,000 performance rights on issue.

• If a Collateral Debt Security falls within the scope of both of the defined terms, “Overcollateralization Haircut Amount” and “Discount Haircut Amount,” such Collateral Debt Security will fall within the scope of one of such defined terms, which shall be the defined term that reduces the Net Outstanding Portfolio Collateral Balance by the largest amount and will be excluded from the scope of other defined term.

• The Class A/B Overcollateralization Test The "Class A/B Overcollateralization Ratio" is, as of any Measurement Date, the number (expressed as a percentage) calculated by dividing (a) the sum of the Net Outstanding Portfolio Collateral Balance on such Measurement Date minus the Adjustment Amount, if any, by (b) the aggregate outstanding principal amount of the Class A Notes and the Class B Notes.

More Definitions of Net Outstanding Portfolio Collateral Balance

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, without duplication, an amount equal to the sum of:

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, an amount equal to (a) the aggregate principal balance on such Measurement Date of all Collateral Debt Securities

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, without duplication, an amount equal to

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, an amount equal to (a) the aggregate principal balance on such Measurement Date of all Collateral Debt Securities plus (b) the aggregate principal balance of all Principal Proceeds and Uninvested Proceeds held as cash, Eligible Investments and U.S. Agency Securities purchased with Principal Proceeds or Uninvested Proceeds and any amount on deposit at such time in the Principal Collection Account or the Uninvested Proceeds Account (without duplication) minus (c) the aggregate principal balance on such Measurement Date of all Collateral Debt Securities that are (i) Defaulted Securities or (ii) Equity Securities plus (d) for each Defaulted Security, the Calculation Amount with respect to such Defaulted Security; provided that, solely for the purpose of calculating the Net Outstanding Portfolio Collateral Balance in connection with the Class AB Overcollateralization Test, the Class C Overcollateralization Test and the

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, an amount equal to (a) the Aggregate Principal Balance on such Measurement Date of all CDS Agreement Transactions plus (b) the Aggregate Principal Balance on such Measurement Date of all Delivered Obligations plus (c) the Aggregate Principal Balance of all Principal Proceeds held as cash, Eligible Investments and U.S. Agency Securities purchased with Principal Proceeds (without duplication) plus (d) the Remaining Capacity as of such Measurement Date.

Net Outstanding Portfolio Collateral Balance means, as of any date of determination, an amount, without duplication, equal to (a) the Aggregate Principal Balance on such date of determination of all Collateral Debt Securities (excluding Hedged Credit Default Swaps) other than Collateral Debt Securities that are Defaulted Securities or Deferred Interest PIK Bonds plus (b) the Aggregate Principal Balance of all Principal Proceeds and Uninvested Proceeds held as cash and Eligible Investments and U.S. Agency Securities and any amount on deposit at such time in the Principal Collection Account or the Uninvested Proceeds Account (each without duplicating) plus (c) for each Defaulted Security or Deferred Interest PIK Bond (excluding Hedged Credit Default Swaps), the Calculation Amount with respect to such Defaulted Security or Deferred Interest PIK Bond plus (d) the Excess Issuer CDS Account Funds minus (e) solely for the purpose of calculating the Net Outstanding Portfolio Collateral Balance in connection with any of the Class A/B Overcollateralization Test, the Class C Overcollateralization Test

Net Outstanding Portfolio Collateral Balance means, as of any Measurement Date, an amount equal to