Aggregate Reserve definition

Aggregate Reserve means, at any time at which such amount is calculated, the sum of the Loss Reserve, Dilution Reserve and Discount Reserve.

Aggregate Reserve means, at any time, the sum of the Loss Reserve, the Dilution Reserve and the Discount Reserve.

Aggregate Reserve. Yield and Servicer Reserve," "Dilution Reserve," "Loss Reserve," "Loss Percentage," "Delinquency Ratio," "Dilution Ratio," or "Default Ratio" or amend the Concentration Limit Letter Agreement or (H) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses; or

Examples of Aggregate Reserve in a sentence

• Allocation of the Aggregate Reserve to ContractsThe aggregate reserve shall be allocated to the contracts falling within the scope of these requirements using the method outlined in Section 1213, with the exception of contract following Section 3.E which are to be calculated on a seriatim basis.

• An actuarial memorandum shall be constructed documenting the methodology and assumptions upon which the Aggregate Reserve is determined.

• One acceptable approach involves a projection based on the same Starting Asset Amount as for the Aggregate Reserve net of reinsurance and by ignoring, where appropriate, all anticipated reinsurance premiums or other costs and all reinsurance recoveries in the projections.

• Actuarial Certification of the work done to determine the Aggregate Reserve shall be required.

• Therefore, where reinsurance is ceded, the Alternative Methodology must be modified to reflect the reinsurance costs and reinsurance recoveries under the reinsurance treaties in the determination of the Aggregate Reserve net of reinsurance.

More Definitions of Aggregate Reserve

Aggregate Reserve means, at any time, the sum of the Reserves of all Lenders at such time.

Aggregate Reserve means, on any date, the sum of (i) the ----------------- Discount Reserve, plus (ii) the Loss Reserve, plus (iii) the Dilution Reserve, plus (iv) the Servicing Fee Reserve, plus (v) the Commingling Reserve, all as of such date; provided, however, that the Aggregate -------- ------- Reserve shall not be less than the Minimum Reserve on such date.

Aggregate Reserve means, at any time at which such amount is calculated, the sum of the Loss Reserve, the Discount Reserve and the Dilution Reserve.

Aggregate Reserve means, [____________].

Aggregate Reserve means, at any time at which such amount is calculated, the sum of (A) the greater of (i) 15% of the Billed Component and (ii) the Dilution Reserve, (B) 25% of the Unbilled Component, (C) the Discount Reserve, (D) the greater of $25,000,000 or 10% of the Aggregate Commitment and (E) such other amounts as the Co-Collateral Agents, in their Permitted Discretion, deem appropriate.

Aggregate Reserve is hereby added to Schedule I to the Sale Agreement, as alphabetically appropriate, as follows:

Aggregate Reserve means, at any time at which such amount is calculated, the sum of the Loss Reserve, Dilution Reserve and Discount Reserve. (j) The defined term "Crompton & Knowles Credit Agreement" appearing in Schedule I to the Salx Xxxxxment is hereby amended in its entirety to be and to read as follows: