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Aggregate ABS Value definition

Aggregate ABS Value. As of any date of determination, an amount equal to the sum of the ABS Values of all Lease Assets on such date.
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Aggregate ABS Value. As defined in Exhibit A to the COLT Servicing Agreement.
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Examples of Aggregate ABS Value in a sentence

  • The Servicer shall have the option to purchase all but not less than all of the Lease Assets on any Distribution Date on which the Aggregate ABS Value of the Lease Assets is less than or equal to 10% of the Aggregate Initial ABS Value of such Lease Assets (such date, the “Optional Purchase Date”).

  • The Servicer shall have the option to purchase all but not less than all of the remaining Series 20 -SN Lease Assets on any Payment Date on which the Aggregate ABS Value of the Series 20 -SN Lease Assets is less than or equal to 10% of the Aggregate Initial ABS Value of such Series 20 -SN Lease Assets (such date, the “Optional Purchase Date”).

  • At any time that the Aggregate ABS Value is less than 2% of the Initial ABS Value, the Servicer shall have the option to purchase all but not less than all of the remaining Series 2007-SN1 Lease Assets on any Payment Date following the payment in full of all obligations under the CARAT 2007-SN1 Notes (such date, the "Optional Purchase Date").

  • In consideration of the Seller's conveyance of the Sold Assets pursuant to Section 2.01 on the Series 2005-SN1 Closing Date, COLT shall deliver or cause the COLT Indenture Trustee to deliver to the CARAT Indenture Trustee in accordance with Section 2.2(d) of the COLT Indenture the COLT 2005-SN1 Secured Notes in an initial aggregate principal amount equal to 98.50% of the Aggregate ABS Value of the Series 2005-SN1 Lease Assets on the Series 2005-SN1 Closing Date.

  • In consideration of the Seller's conveyance of the Sold Assets pursuant to Section 2.01 on the Series 2007-SN1 Closing Date, COLT shall deliver or cause the COLT Indenture Trustee to deliver to the CARAT Indenture Trustee in accordance with Section 2.2(d) of the COLT Indenture the COLT 2007-SN1 Secured Notes in an initial aggregate principal amount equal to the Secured Note Percentage of the Aggregate ABS Value of the Series 2007-SN1 Lease Assets on the Series 2007-SN1 Closing Date.

  • The Servicer shall have the option to purchase all but not less than all of the Series 200_-__ Lease Assets on any Payment Date following the date on which the Aggregate ABS Value of the Series 200_-__ Lease Assets is less than 10% of the Aggregate ABS Value of the Series 200_-__ Lease Assets on the Series 200_-__ Closing Date (such date, the "Optional Purchase Date").

  • The Seller and COLT hereby acknowledge that 99% of the Aggregate ABS Value for the Series 200_-__ Lease Assets assigned hereunder is $_______.

Related to Aggregate ABS Value

  • Aggregate Value means, with respect to any block of Equity Stock, the product of (i) the number of shares of Equity Stock within such block and (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Aggregate Excess Funding Amount of a Non-Funding Lender shall be the aggregate amount of (A) all unpaid obligations owing by such Lender to the Agents, L/C Issuers and other Lenders under the Loan Documents, including such Lender’s share of all Revolving Loans, Letter of Credit Obligations, plus, without duplication, (B) all amounts of Letter of Credit Obligations of such Non-Funding Lender reallocated to other Lenders pursuant to subsection 1.11(e)(ii).

  • Aggregate Assets means the value of the Sub-Advised Assets and the Other Accounts on the Valuation Date during the applicable calendar month. The values for the Sub-Advised Assets and Other Accounts shall be as reported by the applicable custodian and fund administrator.

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