Aggregate Loan Amount definition
Examples of Aggregate Loan Amount in a sentence
At the end of each quarterly period, or such other period as determined by the Manager in its sole discretion, but no less frequently than quarterly, beginning on the First Aggregate Loan Amount Reporting Date, the Sponsor’s internal accountants and asset management team will calculate the aggregate principal amount of all outstanding loans in the Company’s portfolio, excluding the impaired value of outstanding loans.
Management fee payable quarterly in arrears equal to an annualized rate of [1.00%], which, beginning on the First Aggregate Loan Amount Reporting Date, will be based on the Company’s Aggregate Loan Amount, as calculated pursuant to Section 5.12, at the end of each prior semi-annual period (or such other period as determined by the Manager in its sole discretion, but no less frequently than quarterly), and which cannot exceed an annualized rate of [1.00%].