Aggregate Payment Obligation definition

Aggregate Payment Obligation means the product of (a) the Total Closing Date NFV and (b) 0.03.
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Aggregate Payment Obligation means, with respect to all Eligible Subject Loans purchased by the Lender under Shared Execution Forward Commitments, the amount payable to the Company by the Lender as the "Aggregate Payment Obligation" (as defined in each such Shared Execution Forward Commitment).
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Aggregate Payment Obligation means the product of (a) the Total Closing Date NFV and (b) 0.03. “Aggregate Realized Gain” means the aggregate Realized Gain for all Covered Securities. “Aggregate Realized Loss” means the aggregate Realized Loss for all Covered Securities.
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Examples of Aggregate Payment Obligation in a sentence

  • If the fair market value of the Trust Funds at the end of the most recently completed Fiscal Year is more than 125% of the Aggregate Payment Obligation, then there is an overfunding to the extent of such excess; and the Trustee shall as soon as practicable after the determination that an overfunding exists distribute to the Company cash or other property having a fair market value equal to the amount of the overfunding in excess of such 125%.

  • If the Aggregate Payment Obligation exceeds the fair market value of the Trust Funds at the end of the most recently completed Fiscal Year, then there exists a funding deficiency to the extent of such excess; and the Company shall contribute to the Trustee no later than 90 days after the end of such Fiscal Year additional cash or property having a fair market value equal to the amount of the funding deficiency.

  • If the Aggregate Payment Obligation exceeds the fair market value of the assets in the Trust at the end of the most recently completed Fiscal Year, then there exists a funding deficiency to the extent of such excess; and the Company shall by no later than 90 days after the end of such Fiscal Year contribute to the Trustee additional cash or property having a fair market value equal to the amount of the funding deficiency.

  • If the fair market value of assets in the Trust at the end of the most recently completed Fiscal Year is more than 125% of the Aggregate Payment Obligation, then there is an overfunding to the extent of such excess; and the Trustee shall as soon as practicable after the determination that an overfunding exists distribute cash or other property to the Company having a fair market value equal to the amount by which the fair market value of Trust assets exceeds 125% of the Aggregate Payment Obligation.