Capital Limit definition

Capital Limit. At any time, the product of (i) the ADCB and (ii) the lesser of (a) 88% and (b) 100% - (three and a half (3 1/2) multiplied by the Net Loss to Liquidation Ratio).

Capital Limit means, at any time, an amount equal to: ANEB + CA where: ANEB = the Adjusted Net Eligible Receivables Balance at such time; and CA = the amount of Collections on deposit in the Collection Account at such time to be applied in accordance with Section 2.05 on the next Remittance Date.

Capital Limit means, at any time, an amount equal to: NERB + CA where: NERB = the Net Eligible Receivables Balance at such time; and CA = the amount of Collections on deposit in the Collection Account at such time to be applied in accordance with Section 2.05 on the next Remittance Date minus the portion of such Collections which are required to be set aside for the payment of accrued Yield pursuant to Section 2.05(a) hereof.

Examples of Capital Limit in a sentence

• Under no circumstances shall any Purchaser make the initial Purchase or any Incremental Purchase if, after giving effect to such Purchase or Incremental Purchase, the aggregate Capital outstanding hereunder would exceed the lesser of (i) the Purchase Limit or (ii) the Capital Limit.

• Distributing conversion reports to help local agency staff clean-up legacy MIS data.

• Standard Fee Schedule: Projects greater than Minor Capital Limit to up to $50,000,000.

• If you ask the Council to arrange your Care Home placement you will be charged an arrangement fee of £250.00 plus VAT.40 If your capital assets are below the Upper Capital Limit, and you do not own any property, the Council will carry out a financial assessment of your income and capital assets to work out your ‘calculated weekly care charge’.

• For projects greater than the Minor Capital Limit and up to $50,000,000, Plan Check Review fees shall be in accordance with the Plan Review Fee Schedule.

More Definitions of Capital Limit

Capital Limit means, at any time, an amount equal to the remainder of (a) the Eligible Receivables Balance at such time, minus (b) the Aggregate Reserve at such time.

Capital Limit means, at any time, an amount equal to the sum of (a) the product of the Maximum Advance Rate and the Net Eligible Loan Balance and (b) all Collections on the Eligible Loans then on deposit in the Collection Account (net of any accrued but unpaid Interest and Facility Fees).

Capital Limit means the overall maximum net inflow/outflow from investing activities incurred by the Borrower as set by the Lender for any relevant financial year

Capital Limit means, on any day, (A) the Discounted Eligible Receivables Balance on such day minus (B) the Aggregate Reserves then in effect.

Capital Limit means, at any time, an amount equal to the quotient of (a) the sum of (i) the Pledged Receivables Balance at such time, plus (ii) the aggregate amount at the time an deposit in the Spread Account, plus (iii) the amount of Collections on deposit in the Agent's Account to be applied in accordance with Section 2.05 on the next Settlement Date divided by (b) 100% plus the Minimum Overcollateralization Percentage at such time.

Capital Limit means, at any time, an amount equal to: where: EXX = the Eligible Receivables Balance at such time; MOCA = the Minimum Overcollateralization Amount at such time; and CA = the amount of Collections on deposit in the Collection Account at such time to be applied in accordance with Section 2.05 on the next Remittance Date, minus the portion of such Collections which are required for the payment of accrued Yield and Fees.

Capital Limit means, on any day, (A) the Discounted Eligible Receivables Balance on such day MINUS (B) the Aggregate Reserves then in effect.