Aggregate Collateral Value definition

Aggregate Collateral Value. On any date of determination, the sum of the Collateral Values of the Mortgage Loans and Properties in the Collateral Pool.

Aggregate Collateral Value means an amount equal to the sum of the products of the book values (as determined in accordance with GAAP) of the consolidated assets of AHMIC and its Subsidiaries, such assets being categorized in the classes set forth on the calculation schedule that is part of Exhibit E attached to the Credit Agreement, times the percentage multiplier for each such class set forth on such calculation schedule.

Aggregate Collateral Value. As defined in the Indenture.

Examples of Aggregate Collateral Value in a sentence

• At no time shall the aggregate amount of all Loans outstanding at any time exceed the lesser of (1) the Aggregate Collateral Value of the Borrowing Base, and (2) the Commitment at such time.

• If the Aggregate Collateral Value so certified is less than the Aggregate Commingled Account Balance as so certified, either or both of the Bank and WFAL 2 shall, together with such certificate, Deliver additional Collateral in an amount necessary to make the Aggregate Collateral Value (after giving effect to such Delivery) at least equal to the Aggregate Commingled Account Balance.

• Notwithstanding anything to the contrary herein, if any Triple A Notes are Outstanding on their related Triple A Release Date, the Property Manager shall use commercially reasonable efforts to sell Hybrid Leases, Loans and/or Owned Properties in an amount equal to 25% of the Aggregate Collateral Value, taking into account the aggregate Collateral Value of all Released Assets released since the Initial Closing Date.

• In the event that the Aggregate Collateral Value, for any reason and at any time, is less than the Required Minimum Value, Debtor shall promptly make a principal reduction on the Indebtedness secured hereby, deposit additional assets of a nature satisfactory to Bank into the Securities Accounts or deposit additional funds into a Deposit Account, in any case in amounts or with values sufficient to satisfy the Required Minimum Value and achieve the required Aggregate Collateral Value.

• As and to the extent provided in the Series Supplement of a Series or any other Supplement related to such Series, the Trustee, at the request of the Depositor and upon satisfaction of the conditions set forth herein, shall withdraw Mortgage Collateral or cash to the extent of the excess, if any, of the Aggregate Collateral Value of the Mortgage Collateral over the principal balance of the Bonds of such Series then Outstanding.

More Definitions of Aggregate Collateral Value

Aggregate Collateral Value means the aggregate value of the Available Assets as calculated on the basis provided in the notes to the Collateral Value Statements of the Guarantors dated as of June 30, 2005. However, notwithstanding this Section 21(b), in no event will Lender be entitled to satisfy any obligation of a Guarantor from any of the following assets (collectively, “Excluded Assets”): (i) the personal residences of the Guarantor, (ii) the Guarantor’s nonbusiness real estate, including rural, vacation and resort property, up to $1,000,000 in value, (iii) the Guarantor’s personal automobiles and other tangible personal property, including household goods, clothing, silverware, gems, jewelry and works of art, not to exceed $1,500,000 in values, (iv) the interests listed in Section 21(c) and (v) proceeds of Excluded Assets.

Aggregate Collateral Value. As defined in the Property Management Agreement.

Aggregate Collateral Value. As of any date, the sum of the aggregate of the Collateral Values outstanding at such date; provided, however, that the Collateral Value of any Defaulted Contract shall not be included in the calculation of Aggregate Collateral Value in any Due Period after the Due Period in which such Contract or Mortgage Loan became a Defaulted Contract.

Aggregate Collateral Value means, as of any date of determination, the sum of the Collateral Values for all Properties.

Aggregate Collateral Value means, at any time, the sum of all Market Values of all of the Borrower’s Equity Interests in Investment Funds held in the Custody Account in which the Borrower is permitted to invest pursuant to Section 5.07 and which are subject to a perfected first priority security interest (solely with respect to priority, subject to Permitted Custodial Liens) in favor of the Collateral Agent.

Aggregate Collateral Value has the meaning given to that term in the Security and Account Control Agreement.

Aggregate Collateral Value means, as of any date of determination, (i) the aggregate outstanding principal amount of all items of Collateral pledged to the Master Collateral Agent pursuant to Section 2.01 hereof, discounted as set forth on Schedule A hereto less (ii) the collection discount determined in Section II.B. of the relevant Monthly Statement.