Aggregate Initial ABS Value definition

Aggregate Initial ABS Value. An amount equal to the sum of the Initial ABS Values of all Lease Assets.
Aggregate Initial ABS Value. As defined in Exhibit A of the COLT Servicing Agreement.

Examples of Aggregate Initial 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”).

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

  • 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”).

  • The Seller and ACOLT hereby acknowledge that the Aggregate Initial ABS Value for the Lease Assets assigned hereunder is $1,206,898,954.96.

  • The Seller and ACOLT hereby acknowledge that the Aggregate Initial ABS Value for the Lease Assets assigned hereunder is $1,524,749,295.50.

  • The Seller and ACOLT hereby acknowledge that the Aggregate Initial ABS Value for the Lease Assets assigned hereunder is $1,542,217,743.93.

  • The Aggregate Initial ABS Value of the Lease Assets is $1,353,998,136.66.

  • The Seller and ACOLT hereby acknowledge that the Aggregate Initial ABS Value for the Lease Assets assigned hereunder is $1,187,995,481.48.

  • The Aggregate Initial ABS Value of the Lease Assets is $1,524,749,295.50.

  • The Seller and ACOLT hereby acknowledge that the Aggregate Initial ABS Value for the Lease Assets assigned hereunder is $1,353,998,136.66.

Related to Aggregate Initial ABS Value

  • Aggregate Invested Amount means, at any date of determination, the sum of the Invested Amounts with respect to all Outstanding Series on such date of determination.

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

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Aggregate Funded Spread As of any Measurement Date, the sum of: (a) in the case of each Floating Rate Obligation (other than a Defaulted Obligation) that bears interest at a spread over a reference rate based index that is a Benchmark-based Index or is the same as the then-current Benchmark applicable to the Floating Rate Notes (including, for any Permitted Deferrable Obligation, only the excess of the required current cash pay interest required by the Underlying Documents thereon over the applicable index and excluding the unfunded portion of any Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation), (i) the stated interest rate spread paid in Cash on such Collateral Obligation above such index multiplied by (ii) the Principal Balance of such Collateral Obligation; provided that (i) with respect to any Floor Obligation, the stated interest rate spread paid in Cash on such Collateral Obligation over the applicable index shall be deemed to be equal to the sum of (x) the stated interest rate spread paid in Cash over the applicable index and (y) the excess, if any, of the specified “floor” rate relating to such Collateral Obligation over the greater of zero and the applicable index and (ii) the interest rate of each Step-Up Obligation will be deemed to be its current rate of interest and the interest rate of each Step-Down Obligation will be deemed to be the lowest rate of interest that such Collateral Obligation will by its terms pay in the future solely as a function of the passage of time; and (b) in the case of each Floating Rate Obligation (including, for any Permitted Deferrable Obligation, only the required current cash pay interest required by the Underlying Documents thereon and excluding the unfunded portion of any Delayed Drawdown Collateral Obligation and Revolving Collateral Obligation) that bears interest at a spread over an index other than a reference rate based index that is a Benchmark-based Index or is the same as the then-current Benchmark applicable to the Floating Rate Notes, (i) the excess of (x) the sum of such spread and the greater of such index or any applicable floor paid in Cash over (y) the Benchmark applicable to the Floating Rate Notes as of the immediately preceding Interest Determination Date (which spread or excess may be expressed as a negative percentage) multiplied by (ii) the Principal Balance of each such Collateral Obligation.

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Collateral Initial Invested Amount means $275,001,000.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Quarterly Excess Spread Percentage means, with respect to the August 2008 Distribution Date and each Distribution Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Spread Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Original Pre-Funded Amount The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.

  • Aggregate Excess Funding Amount has the meaning specified in Section 2.2(c)(iv).

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Aggregate Capital means, on any date of determination, the aggregate amount of Capital of all Purchaser Interests outstanding on such date.

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.

  • Contract Amount means:

  • Aggregate Senior Percentage With respect to any Distribution Date, the fraction, expressed as a percentage, the numerator of which is equal to the aggregate Class Certificate Balance of the Senior Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all the Mortgage Loans as of the Due Date in the month preceding the month of such Distribution Date (after giving effect to Principal Prepayments in the Prepayment Period related to that prior Due Date).

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Initial Amount means, with respect to the Proposition 1A Receivable, the amount of property tax revenue reallocated away from the Seller pursuant to the provisions of Section 100.06 of the Revenue and Taxation Code, as certified by the County Auditor pursuant to the Act.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Aggregate Cap has the meaning set forth in Section 20.1A.

  • Fixed Amount has the meaning assigned to such term in Section 1.12(c).

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).