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.
EXHIBIT B TERMS OF THE CERTIFICATES AS OF CLOSING DATE 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.
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.
From and after the date on which the Additional Deposit has been deposited in the Pledged Account, and provided that the amount on deposit in the Pledged Account at all times equals or exceeds 105% of the Aggregate Stated Amount, the following modifications to this Agreement shall be in effect: (a) Affirmative Covenants.
At any time when the funds on deposit in the Pledged Account exceed 105% of the Aggregate Stated Amount (in this section referred to as the “Excess funds”), the Bank shall direct the Escrow Agent to distribute such Excess Funds to the Borrower.
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.
Aggregate Stated Amount of the Redraw Notes until it reaches the Total Invested Amount of the Redraw Notes (as at that Determination Date); and (b) second, the Aggregate Stated Amount of the Class B Notes until it reaches the Total Invested Amount of the Class B Notes (as at that Determination Date).
The Borrower, at its option and upon giving three Business Days’ prior written notice to the Bank, may deposit additional funds into the Pledged Account in an amount which will cause the total amount on deposit in the Pledged Account to equal or exceed 105% of the Aggregate Stated Amount (in this section referred to as the “Additional Deposit”).
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.
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.