Adjusted Aggregate Loan Amount definition

Adjusted Aggregate Loan Amount has the meaning given to it in Clause 11.2 of the LLP Deed;
Adjusted Aggregate Loan Amount means the amount calculated as at each Calculation Date as follows: where, A = the lower of (i) and (ii), where:
Adjusted Aggregate Loan Amount has the meaning given to it in Schedule 2 of the Guarantor Agreement;

Examples of Adjusted Aggregate Loan Amount in a sentence

  • In addition, the Asset Coverage Test is intended to ensure that the Adjusted Aggregate Loan Amount is an amount equal to or in excess of the Aggregate Principal Amount Outstanding of the Covered Bonds for so long as Covered Bonds remain outstanding (although there is no assurance that it will do so) and the Cash Manager will provide monthly reports that will set out certain information in relation to the Asset Coverage Test.

  • However, no assurance can be given that the Asset Pool will yield sufficient amounts for such purpose.For so long as the Covered Bonds are rated by Moody's, the LLP or the Cash Manager acting on its behalf may, from time to time, send notification to the Security Trustee of the proposed percentage (used in the computation of the Adjusted Aggregate Loan Amount and the Asset Percentage) selected by it, being the difference between 100 per cent.

  • ACT or Asset Coverage Test means the tests which will be carried out pursuant to the terms of the Cover Pool Management Agreement in order to ensure that, on the relevant Calculation Date, the Adjusted Aggregate Loan Amount is at least equal to the aggregate Principal Amount Outstanding of the Covered Bonds.

  • Adjusted Aggregate Loan Amount means the amount calculated pursuant to the formula set out in clause 3.2 of the Cover Pool Management Agreement.

  • The Adjusted Aggregate Loan Amount is the amount calculated pursuant to the formula set out in the Cover Pool Management Agreement.


More Definitions of Adjusted Aggregate Loan Amount

Adjusted Aggregate Loan Amount means the amount calculated pursuant to the formula set out in clause 3.2 of the Cover Pool Management Agreement.
Adjusted Aggregate Loan Amount has the meaning given in Clause 11.2 of the LLP Deed; Amortisation Test has the meaning given in Clause 12 of the LLP Deed;
Adjusted Aggregate Loan Amount means the amount calculated on each Calculation Date as follows: A + B + C + E – (U + V + W + X + Y + Z) where: A = the lower of (a) and (b), where:
Adjusted Aggregate Loan Amount has the meaning given to it in Schedule 2 of the Limited Partnership Agreement;
Adjusted Aggregate Loan Amount means the amount calculated on each Calculation Date as follows: A + B + C + D + E - (U + V + W + X + Y + Z) where: A = the lower of (a) and (b), where: (a) = the Aggregate Adjusted Outstanding Principal Balance; and (b) = the Aggregate Arrears Adjusted Outstanding Principal Balance
Adjusted Aggregate Loan Amount means the amount calculated on each Calculation Date as follows: αA + B + C + D - W where: A = the sum of the Adjusted Outstanding Principal Balance of each Loan in the Portfolio as at the relevant Calculation Date, which shall be the lower of:
Adjusted Aggregate Loan Amount means, as of any date, the Aggregate Loan Amount on such date, less the outstanding principal balance of the Avenue Plaza Loan and the Bridge Loan on such date.