Aggregate Purchased Loan Balance means on any day, the sum of the Purchased Loan Balances of all Eligible Loans included as part of the Collateral on such date.
Aggregate Purchased Loan Balance means on any day, (a) the sum of (i) the Purchased Loan Balances of all Eligible Loans included as part of the Collateral on such date and (ii) the amount of cash and cash equivalents held in the Collection Account and the Pending Account less the sum of the aggregate accrued but unpaid Servicing Fee, Revolver Loan Funding Fee, Interest and Commitment Fee minus (b) the Excess Concentration Amount as of such date.
Aggregate Purchased Loan Balance. On any date of determination, (i) the Purchased Loan Balances of all Borrowing Base Eligible Loans included as part of the Collateral on such date, minus (ii) the sum, without duplication, of (A) the Large Loan Excess Amount, plus (B) the Loan Seniority Excess Amount.
Examples of Aggregate Purchased Loan Balance in a sentence
As of any date of determination, a fraction expressed as a percentage, (a) the numerator of which is equal to the sum of (i) the Aggregate Purchased Loan Balance as of such date, and (ii) all Principal Collections on deposit in the Principal Collection Account on such date and (b) the denominator of which is equal to the Advances Outstanding on such date.
On any date of determination, the lesser of (i) (A) the Aggregate Purchased Loan Balance minus (B) the Required Equity Investment or (ii) an amount equal to 50% of the Aggregate Purchased Loan Balance.
More Definitions of Aggregate Purchased Loan Balance
Aggregate Purchased Loan Balance. As of any date of determination, the sum of the Purchased Loan Balances of all Eligible Loans included as part of the Collateral on such date minus, without duplication, the Purchased Loan Balance of all Charged-Off Loans, Defaulted Loans, Delinquent Loans, Restructured Loans and Recapitalized Loans included as part of the Collateral on such date.
Aggregate Purchased Loan Balance means on any day, (a) the sum of (i) the Purchased Loan Balances of all Eligible Loans included as part of the Collateral on such date and (ii) the amount of cash and cash equivalents held in the Collection Account and the Pending Account less the sum of the aggregate accrued but unpaid Servicing Fee, Revolving Loan Funding Fee, Interest and Commitment Fee minus (b) the Excess Concentration Amount as of such date.
Aggregate Purchased Loan Balance. On any day, the sum of the Purchased Loan Balances of all Eligible Loans included as part of the Collateral on such date.
Aggregate Purchased Loan Balance. On any day, (a) the sum of the Purchased Loan Balances of all Eligible Loans included as part of the Collateral on such date minus (b) the Excess Concentration Amount as of such date. Agreement or Credit Agreement: This Credit Agreement, dated as of May 19, 2003, as amended, modified, supplemented or restated from time to time.
Aggregate Purchased Loan Balance means on any day, the sum of the Purchased Loan Balances of all Eligible Loans included as part of the Collateral on such date. “Agreement” or “Credit Agreement” means this Fifth Amended and Restated Credit Agreement, dated as of April 30, 2013, as hereafter amended, modified, supplemented or restated from time to time. “Amendment No. 1 Effective Date” means June 26, 2014. “Amendment No. 2 Effective Date” means November 16, 2016. “Amendment No. 3 Effective Date” means January 20, 2017. “Amendment No. 4 Effective Date” means August 22, 2018. “Amendment No. 5 Effective Date” means August 10, 2020. “Amendment No. 6 Effective Date” means March 8, 2021. “Amortization Period” means the period beginning on the Termination Date and ending on the Maturity Date. “Applicable Law” means, for any Person, all existing and future applicable laws, rules, regulations (including proposed, temporary and final income tax regulations), statutes, treaties, codes, ordinances, permits, certificates, orders and licenses of and interpretations by any Governmental Authority (including, without limitation, usury laws, the Federal Truth in Lending Act, Regulation Z, Regulation W, Regulation U and Regulation B of the Federal Reserve Board, the Foreign Corrupt Practices Act and the USA PATRIOT Act), and applicable judgments, decrees, injunctions, writs, orders, or line action of any court, arbitrator or other administrative, judicial, or quasi-judicial tribunal or agency of competent jurisdiction. “Applicable Margin” means (i) 2.85% per annum during the Revolving Period, and (ii) (A) 3.10% for the period from the last day of the Revolving Period to the first anniversary thereof, and (B) 3.35% thereafter. “Applicable Percentage” means, with respect to any Lender on any day, the percentage equivalent of a fraction, the numerator of which is the Lender’s Commitment and the denominator of which is the Facility Amount. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments. “Approved Officer” means Xxxxx Xxxxxxxxx, Xxx Xxxxxxxx, Xxxxx Xxxxxxxx, Xxxxx X. X. Xxxxxx, Xxxxxxx XxXxxxx, Xxxxx Xxxx and any other individual satisfactory to the Administrative Agent and the Required Lenders, as determined in their reasonable discretion. “Approved Valuation Service” means, any of (i) ICE Data Pricing, (ii) Xxxxxx, Xxxxxx and Company, (iii) Xxxxxxxx Xxxxx, Xxxx & Xxxxxx LLC, Lincol...