Aggregate Stated Amount definition

Aggregate Stated Amount means, as of any date, the aggregate Stated Amount of all Letters of Credit issued hereunder that remain outstanding as of such date.
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Aggregate Stated Amount has the meaning given in Section 2.6(c).
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Aggregate Stated Amount means, on any Determination Date, the aggregate of the A$ Equivalent of the Stated Amounts of the relevant Notes at that time.
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Examples of Aggregate Stated Amount in a sentence

  • However, while the sum of all Collections held by the Servicer and the value of any short term Authorised Investments which are with, or issued by, a bank or financial institution which has a short-term credit rating of A-1 from S&P exceeds an amount equal to 20% of the Aggregate Stated Amount of all Notes, the Servicer will only be entitled to retain any additional Collections received for 2 Business Days following receipt.

  • The Company has requested CIBC to issue one or more standby letters of credit in an Aggregate Stated Amount not to exceed the Maximum Stated Amount, for the account of the Company to support the Company’s obligation to post collateral in support of its energy hedging activities.

  • Maximum Number of [Name of Certificates] Up to [_________] Aggregate Stated Amount of [Name of Certificates]: $[__________] Authorized Denomination: $[___] and integral multiples thereof Rating Agencies: [_________] Closing Date: [________, 20__] Distribution Dates: [_________] and [_________], the Maturity Date, [any Underlying Securities Redemption Distribution Date] or any Underlying Securities Default Distribution Date.

  • However, if the Notes of a Class are to be redeemed at their Aggregate Stated Amount in accordance with the Conditions, the Manager must direct the Issuer to apply (and the Issuer must apply) the amounts referred to in paragraphs (b), (d) or (e), as applicable, towards repayment of the Aggregate Stated Amount (and not the Aggregated Invested Amount) of the relevant Class of Notes.

  • The price payable for the sale must be sufficient to redeem the Notes at their Aggregate Invested Amount (plus accrued but unpaid interest in respect of such Notes) unless the Noteholders of a Class of Notes have, by Extraordinary Resolution, approved the redemption of the Notes of that Class on that Call Option Date for their Aggregate Stated Amount (plus accrued but unpaid interest in respect of such Notes) instead of their Aggregate Invested Amount.

  • To find the role of tradition and culture, this paper examined the historical review of controversy on the existence of patriarchal systems between Confucians and feminist movement.

  • Notwithstanding anything in this Section 1.15 to the contrary, no Committed Provider shall be required to make a purchase pursuant to this Section 1.15 for an amount which (a) would cause the aggregate Net Exposure (after giving effect to such purchase) of the related Purchaser Group to exceed the Commitment for such Purchaser Group or (b) would cause the sum of (i) the Capital plus (ii) the LC Aggregate Stated Amount to exceed the Facility Limit.

  • The Agent shall promptly advise each Bank of any change in the Aggregate Stated Amount or Expiration Date in respect of each of the Letters of Credit, the cancellation or other termination of any of the Letters of Credit and any Drawing; provided, however, that failure to provide such notice shall not limit or impair the rights of the Agent hereunder or under the Financing Documents.

  • The Company shall pay to CIBC a fee, quarterly in arrears on the last day of each March, June, September and December falling after the Closing Date (or, if any such day is not a Business Day, the next succeeding Business Day), and on the Termination Date, at a rate equal to 1.25% per annum on the average Aggregate Stated Amount of all Letters of Credit outstanding on each day during such quarter, and for the number of days in such period.


More Definitions of Aggregate Stated Amount

Aggregate Stated Amount means $15,000,000, as the same may be adjusted pursuant to Section 2.7; provided, that from and after the earlier of (i) the date that the Borrower delivers the FPL QF L/C Termination Notice or (ii) July 10, 2004, if the FPL QF Letter of Credit has not been issued by such date, the Aggregate Stated Amount shall be reduced by $5,000,000.
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Aggregate Stated Amount means sum of the Stated Amount of the Series A Letter of Credit and the Stated Amount of the Series B Letter of Credit.
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Related to Aggregate Stated Amount

  • Aggregate Stated Principal Balance As to any Distribution Date, the aggregate of the Stated Principal Balances for all Mortgage Loans (and when such term is used with respect to a particular Mortgage Pool, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Mortgage Pool) which were outstanding on the Due Date in the month preceding the month of such Distribution Date.

  • Stated Amount of any Letter of Credit shall mean the maximum amount from time to time available to be drawn thereunder, determined without regard to whether any conditions to drawing could then be met.

  • Aggregate Expense Rate With respect to any Mortgage Loan, the sum of the related Servicing Fee Rate and the applicable Insurance Fee Rate, in the case of any Mortgage Loan covered by a Bulk PMI Policy or a LPMI Policy.

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Aggregate Invested Amount means, as of any date of determination, the sum of the Invested Amounts of all Series of Certificates issued and outstanding on such date of determination.

  • Aggregate Cap has the meaning set forth in Section 20.1A.

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Requested Amount has the meaning assigned to such term in Section 2.02.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Aggregate Loss Severity Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the aggregate amount of Realized Losses incurred on any Mortgage Loans from the Cut-off Date to the last day of the preceding calendar month and the denominator of which is the aggregate principal balance of such Mortgage Loans immediately prior to the liquidation of such Mortgage Loans.

  • Aggregate Maximum Credit Amounts at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Unused Amount means the Maximum Line reduced by outstanding Revolving Advances. The Borrower agrees to pay to the Lender an unused line fee at the rate of one quarter of one percent (0.25%) per annum on the average daily Unused Amount from the date of this Agreement to and including the Termination Date, due and payable monthly in arrears on the first day of the month and on the Termination Date.

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Maximum Revolving Credit Amount means, at any particular time, the Revolving Credit Commitments at such time.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Increased Amount of any Indebtedness shall mean any increase in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms, accretion of original issue discount or liquidation preference and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness.

  • Submitted Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Aggregate Excess Funding Amount of a Non-Funding Lender shall be the aggregate amount of (A) all unpaid obligations owing by such Lender to the Agents, L/C Issuers and other Lenders under the Loan Documents, including such Lender’s share of all Revolving Loans, Letter of Credit Obligations, plus, without duplication, (B) all amounts of Letter of Credit Obligations of such Non-Funding Lender reallocated to other Lenders pursuant to subsection 1.11(e)(ii).

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • FX Reduction Amount is defined in Section 2.1.3.