Aggregate Net Present Value definition

Aggregate Net Present Value means the aggregate net present value of the all in yield of all Replacement Indebtedness, taken as a whole, or of all Original Indebtedness, taken as a whole, as the case may be, calculated (a) taking into account interest rate, upfront fees, consent fees and other similar fees payable to financing parties providing such Replacement Indebtedness or such Original Indebtedness, as the case may be, but excluding arranging, administrative agency, collateral trust or agency, underwriting or similar fees and (b) assuming a discount rate in such net present value calculation equal to the aggregate average rate of interest for the indebtedness of the Company and its Subsidiaries set forth on Section 9.02(e) of the Company Disclosure Schedule.

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Aggregate Net Present Value means, as of any date of determination, an amount equal to the sum of the Net Present Values of all Eligible Contracts.

Aggregate Net Present Value shall have the meaning ascribed to it in Paragraph 5(b) of this Settlement Agreement.

Examples of Aggregate Net Present Value in a sentence

For purposes of calculations regarding the Borrowing Base or the Concentration Limits, an individual Container or generator set shall be included in the calculation of either the Aggregate Net Book Value or the Aggregate Net Present Value of Direct Finance Lease Receivables but not both.
NBV: At any date of determination, collectively, the Aggregate Net Book Value and the Aggregate Net Present Value of Direct Finance Lease Receivables as of such date of determination.
The sum of the Net Book Values and the Net Present Value of Direct Finance Lease Receivables, as the case may be, of all Special Containers (or a Direct Finance Lease of Special Containers) shall not exceed the product of (A) thirty percent (30%) and (B) an amount equal to the sum of (x) the Aggregate Net Book Value and (y) the Aggregate Net Present Value of Direct Finance Lease Receivables.
If the Servicing Agreement is terminated, the Borrower shall, within 30 days of such termination, reduce the Aggregate Note Principal Balance to an amount no greater than 80% of the Aggregate Net Present Value (from such date the Borrowing Base shall be the lower of the Borrowing Base specified in Schedule 5 and 80%).
For all of the Containers included in the calculation of the Borrowing Base, as of any date of determination, an amount equal to the quotient of (i) the sum of the products for such Containers, of (A) the Return On Equity of each such Container multiplied by (B) the Net Book Value or Net Present Value of Direct Finance Lease Receivables, as the case may be, of such Container, divided by (ii) the sum of the Aggregate Net Book Values and the Aggregate Net Present Value of Direct Finance Lease Receivables.
The sum of the Net Book Values and the Net Present Value of Direct Finance Lease Receivables, as the case may be, of all Eligible Containers, Eligible Generator Sets and Eligible Direct Finance Leases that are subject to a sale-leaseback transaction with the related Lessee shall not exceed the product of (A) twenty-five percent (25%) and (B) an amount equal to the sum of (x) the Aggregate Net Book Value and (y) the Aggregate Net Present Value of Direct Finance Lease Receivables.
The sum of the Net Book Values and the Net Present Value of Direct Finance Lease Receivables, as the case may be, of all Eligible Containers, Eligible Generator Sets and Eligible Direct Finance Leases that are subject to a sale-leaseback transaction with the related Lessee shall not exceed the product of (A) thirty-five percent (35%) and (B) an amount equal to the sum of (x) the Aggregate Net Book Value and (y) the Aggregate Net Present Value of Direct Finance Lease Receivables.

More Definitions of Aggregate Net Present Value

Aggregate Net Present Value means, as of any date of calculation, the sum of the Net Present Values of each Asset Pool (after giving effect, in the case of a Borrowing Base Certificate delivered contemporaneously with a Notice of Borrowing, to the acquisition by Borrower of the Related Asset Pool with proceeds of the requested Loan).