Industry Concentration Clause Samples

Industry Concentration. The Borrower shall not, and shall not permit any other Loan Party or other Subsidiary to, permit the aggregate rents of all tenants of the Borrower, the other Loan Parties and all other Subsidiaries conducting business in any single “industry” (as determined by reference to the industrial classification set forth on the Industrial Classification Schedule applicable to each such tenant) to exceed 30% of the total rents of all tenants, determined in accordance with GAAP, at the end of any fiscal quarter of the Borrower.
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Industry Concentration. Not permit more than 20% (or 40% in the case of retail drug stores and pharmacies) of annualized base rents of the Loan Parties and their Subsidiaries for any twelve (12) month period to be attributable to any one industry type.
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Industry Concentration. Not permit more than twenty-five percent (25%) of annualized base rents of the Loan Parties and their Subsidiaries for any twelve (12) month period to be attributable to any one industry type.
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Industry Concentration. (Loans to a single industry segment may not exceed the following): Radio 35% Television 35% Publishing 35% Community Newspapers 40% Telecommunication 25% Business Information Services 25% Technology 20% Security Alarm Leasing Companies 20% Paging 15% Towers 20% Internet Service Provider 15% E-commerce 15% Other 15% Any sub-segment of Telecommunication 15% 3. Single Obligor Outstanding may not exceed $20MM $20,000,000 4. Six Largest Loan Outstandings (may not exceed the greater of: $90MM or $90MM or 40% 40%) 5. Average Obligor size (may not exceed $8MM) $ 8,000,000 6. Weighted Average Life (may not exceed 6.5 years) 6.50 7. Risk Rating (weighted average risk rating may not exceed 5.75) 5.75 8. Risk Rated 7 Limit (sum of all Loans with risk rating of 7 may not exceed 12.5% 12.5%) 9. Risk Rated 7 + material restructurings of Risk Rated 6 Limit (20%) 20.0% 10. Risk Rated 7 Industry Limit (sum of all Loans to single industry segment 10% with risk rating of 7 may not exceed 10%) 11. Risk Rated 8, 9, 10 Limit (0%) 0% -------------- --------------------------------------------------------------------------- SUBSTITUTION CALCULATION Covenant Actual --------------------------------------------------------------------------- Level Level In no event may the aggregate Principal Balance of Delinquent Loans and Charged-Off Loans purchased or substituted for pursuant to Section 2.10 of the Sales and Servicing Agreement exceed, in any one year, 15% of the Facility Amount 15% -------------- In no event may the aggregate Principal Balance of all other Commercial Loans purchased or substituted for pursuant to Section 2.10 of the Sales and Servicing Agreement exceed, in any one year, 15% of the Facility Amount. 15% -------------- Number and amounts of all Commercial Loans Purchased or Subsituted for (or $Amount otherwise removed from the Trust during Due Period) -------------- Loan Name $ - Loan Name $ - Loan Name $ - --------------- Total $ - ===============
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Industry Concentration. Single S&P Industry Classification max of [***]% of the Portfolio In the event that the Leverage Measure is less than the Minimum Leverage Measure, each as defined in the Reinsurance Agreement, the Manager (and any Sub-Advisors) shall be prohibited from adding additional assets to the Portfolio that would cause any deterioration in any of the above metrics. The Manager may from time to time propose additional strategies by providing written notice to the Company setting forth sufficient detail and information as the Company shall reasonably request. Promptly following receipt of such notice, the Company shall discuss the proposed additional strategy with the Manager, and upon mutual consent (not to be unreasonably withheld), any such additional strategy shall be added as an Approved Asset Class (an “Additional Approved Asset Class”) by amending this Exhibit in accordance with the Agreement (including in accordance with Part II hereof).
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Industry Concentration. Not permit more than twenty-five percent (25%) of annualized base rents of the Loan Parties and their Subsidiaries for any twelve (12) month period to be attributable to any one industry type. (m) The Loan Agreement is amended by restating Section 8.14 in its entirety to read as follows:
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Industry Concentration. Corporate bond holdings are limited to no more than 20% in any one industry.
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Industry Concentration. The Borrower shall not, and shall not permit any Loan Party or other Subsidiary to, permit the aggregate Annualized Base Rents of all tenants of the Borrower, such Loan Party and such Subsidiary conducting business in the "Child Day Care Services" industry (as determined by reference to the SIC Code) to exceed 30% of the Total Annualized Base Rents of all tenants of the Borrower, the Loan Parties and all other Subsidiaries (measured quarterly).
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Industry Concentration. The Fund may not purchase the securities of any issuer (other than securities issued or guaranteed by the U.S. government or any of its agencies or instrumentalities) if, as a result, more than 25% of the Fund’s total assets would be invested in the securities of companies whose principal business activities are in the same industry, except that the Fund typically will invest more than 25% of its total assets in the financial services industry; provided that a lesser percentage may be invested in the financial services industry if market conditions so dictate.
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Related to Industry Concentration

  • INDUSTRY FUND a. The Employer shall contribute and remit such contributions to the Union’s Industry Fund as specified in Schedule “A” for each hour worked by each employee covered by this Agreement. b. The Industry Fund shall be used by the Union for the promotion of the industry, to promote unionized construction, and for other purposes as determined by the Union to strengthen the position of the Union and its members in the industry. c. The total amount owing shall be remitted monthly to the Union by the 15th of the month following the month for which the contributions were made. Contributions shall be itemized separately on the remittance form.

  • Liquidity Risk Measurement Services Not Applicable.

  • Commingling Assets The assets of your IRA cannot be commingled with other property except in a common trust fund or common investment fund.

  • Transaction Processing All orders are subject to acceptance by us and by the Fund or its transfer agent, and become effective only upon confirmation by us. If required by law, each transaction shall be confirmed in writing on a fully disclosed basis and if confirmed by us, a copy of each confirmation shall be sent to you if you so request. All sales are made subject to receipt of shares by us from the Funds. We reserve the right in our discretion, without notice, to suspend the sale of shares of the Funds or withdraw the offering of shares of the Funds entirely. Orders will be effected at the price(s) next computed on the day they are received if, as set forth in the applicable Fund’s current Prospectus, the orders are received by us or an agent appointed by us or the Fund prior to the close of trading on the New York Stock Exchange, generally 4:00 p.m. eastern time (“Close of Trading”). Orders received after that time will be effected at the price(s) computed on the next business day. All orders must be accompanied by payment in U.S. Dollars. Orders payable by check must be drawn payable in U.S. Dollars on a U.S. bank, for the full amount of the investment. If you have entered into a FundSERV Agreement with us to effect transactions in Fund shares through FundSERV, you are hereby authorized to act on our behalf for the limited purpose of receiving purchase, exchange and redemption orders for Fund shares executed through FundSERV. You represent and warrant that all orders for the purchase, exchange or redemption of Fund shares transmitted to FundSERV for processing on or as of a given business day (Day 1) shall have been received by you prior to the Close of Trading on Day 1. Such orders shall receive the share price next calculated following the Close of Trading on Day 1 .You represent and warrant that orders received by you after the Close of Trading on Day 1 shall be treated by you and transmitted to FundSERV as if received on the next business day (Day 2). Such orders shall receive the share price next calculated following the Close of Trading on Day 2. You represent that you have systems in place reasonably designed to prevent orders received after the Close of Trading on Day 1 from being executed with orders received before the Close of Trading on Day 1.

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.