Aggregate Net Collateral Balance definition

Aggregate Net Collateral Balance means, as of any date of determination, the Aggregate Adjusted Collateral Balance minus the Excess Concentration Amount, in each case, as of such date of determination.
Sample 1Sample 2Sample 3
Aggregate Net Collateral Balance means, as of any date of determination, the Aggregate Adjusted Collateral Balanceminus the Excess Concentration Amount, in each case, as of such date of determination.
Sample 1Sample 2Sample 3
Aggregate Net Collateral Balance means, as of any date of determination, the Aggregate Adjusted Collateral Balance
Sample 1

Examples of Aggregate Net Collateral Balance in a sentence

  • The Collateral Agent shall re-calculate pursuant to the preceding sentence: (i) Aggregate Net Collateral Balance, (ii) Borrowing Base, (iii) Excess Concentration Amount, (iv) Maximum Available Amount, (v) each Coverage Test, (vi) the Collateral Quality Test, (viii) completion of Priority of Payments pursuant to Section 9.01(a), (ix) balances for each of the Covered Accounts and (x) such other calculations as may be mutually agreed upon by the Collateral Agent, the Servicer and the Administrative Agent.

Related to Aggregate Net Collateral Balance

  • Aggregate Principal Balance means, with respect to any date of determination, the sum of the Principal Balances for all Receivables (other than (i) any Receivable that became a Liquidated Receivable prior to the end of the related Collection Period and (ii) any Receivable that became a Purchased Receivable prior to the end of the related Collection Period) as of the date of determination.