Target Portfolio Amount definition

Target Portfolio Amount means (i) during the Ramp-up Period, $400,000,000, and (ii) thereafter, the sum of (x) the Aggregate Eligible Collateral Obligation Amount, (y) all Principal Collections on deposit in the Principal Collection Account and (z) all amounts on deposit in the Unfunded Exposure Account.

Target Portfolio Amount means $185,000,000370,000,000 .

Target Portfolio Amount means U.S.$400,000,000.

Examples of Target Portfolio Amount in a sentence

• Target Portfolio Amount:On each Business Day the Calculation Agent shall determine the target Net Reference Portfolio Notional Amount (the Target Portfolio Amount) by multiplying the Target Leverage Factor by the Principal Amount on such day; provided however that if a Trading Cessation Event has occurred the Target Portfolio Amount shall be zero.

• A deleverage event (a “Deleverage Event”) will occur if (i) on any Business Day, as determined by the Calculation Agent, the ratio of the Strategy Portfolio Amount to the Target Portfolio Amount is greater than 1.20; or (ii) on a Wednesday of each week, or if such Wednesday is not a Business Day, on the immediately following Business Day, as determined by the Calculation Agent, the ratio of the Strategy Portfolio Amount to the Target Portfolio Amount is greater than 1.05.

• CMBS collateralised by a single property shall not exceed 3.0% of the Target Portfolio Amount.

• Securities which are ABS - Home Equity Loan securities with an Asset Credit Rating below Asset Credit Rating Level 26 shall not exceed 3% of the Target Portfolio Amount.

• Target Portfolio Amount:On each Business Day the Calculation Agent shall determine the target portfolio amount (the Target Portfolio Amount) by multiplying the Target Leverage Factor by the then Aggregate Outstanding Principal Amount of the Notes; provided however that if a Trading Cessation Event or Unwind Event has occurred the Target Portfolio Amount shall be zero.

More Definitions of Target Portfolio Amount

Target Portfolio Amount means $370,000,000 or such other amount as agreed by the Facility Agent and the Borrower in connection with an increase in the Facility Amount in excess of $50,000,000.

Target Portfolio Amount means $250,000,000.

Target Portfolio Amount means the Facility Amount divided by 60%.

Target Portfolio Amount means $800,000,000; provided that such Target Portfolio Amount shall be increased proportionally in connection with any Facility Amount increases of $50,000,000 or greater.

Target Portfolio Amount means $450,000,000. "Tax Expense Cap" means, for any Payment Date, a per annum amount equal to $50,000.

Target Portfolio Amount means $308,000,000385,000,000.

Target Portfolio Amount means $450,000,000.