Concentration Policy definition

Concentration Policy has the meaning set forth in Annex I.
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Concentration Policy. “Minimum Credit Rating”, “Borrowing Base”, “Clearing Fund Borrowing Base”, “GFX Borrowing Base” and “Discounted Value”, the provisions of Annex I hereto or Section 5.2(e), (f), (g), (h), (i), (j) or (k) hereto, in each case without the consent of the Supermajority Banks, (ix) release any of the Collateral from the Lien granted pursuant to the Collateral Documents to the extent that on the date of such release the aggregate outstanding principal amount of all Clearing Fund Pool Loans or all GFX Loans exceed, or will immediately after such release exceed, the applicable Borrowing Base, other than as permitted by this Agreement or any other Loan Document (including without limitation Section 2.9 of this Agreement) without the consent of the Supermajority Banks, (x) amend, modify or waive any provision of Section 2.11 or the definition of the term “Defaulting Bank” (or the definition of any component thereof) without the consent of the Required Banks and the Administrative Agent (for the avoidance of doubt, this clause (x) shall be the only clause in this subsection applicable to any such amendment, modification or waiver of Section 2.11 or the definition of the term “Defaulting Bank”), (xi) impose any greater restriction on the ability of any Bank under an Applicable Tranche to assign any of its rights or obligations hereunder without the written consent of the Required Applicable Banks under such Applicable Tranche, (xii) amend or modify the provisions of Annex II without the consent of each Bank committed to fund Loans in the currency being amended or modified adversely affected thereby, or (xiii) affect the rights or duties under this Agreement of the Applicable Banks under an Applicable Tranche (but not the Applicable Banks under a different Applicable Tranche) without the consent of the Administrative Agent and the Applicable Banks that would be required to consent thereto under this Section if such set of Applicable Banks were the only Banks hereunder at the time;
Sample 1

Examples of Concentration Policy in a sentence

  • Further Explanation of Concentration Policy: Each Fund, other than Latin America Fund and Precious Metals Fund, may not invest more than 25% of its total assets, taken at market value, in the securities of issuers primarily engaged in any particular industry (other than securities issued or guaranteed by the U.S. government or its agencies or instrumentalities).

  • The Fund Manager may concentrate investments in certain securities he deems appropriate, consistent with the Investment Concentration Policy contained in paragraph 2 below.

  • Groups of connected obligors are subject to regulatory ‘group exposure’ limits, as well as internal Group Concentration Policy, to manage the concentration risk of the Bank effectively.

  • The Credit Concentration Policy shall comply with applicable laws, regulations, and regulatory guidance.

  • Further Explanation of Concentration Policy: Each Fund may not invest more than 25% of its total assets, taken at market value, in the securities of issuers primarily engaged in any particular industry (other than securities issued or guaranteed by the U.S. government or its agencies or instrumentalities).

  • Risk concentrationA Credit Risk Concentration Policy is in place and the Group constantly reviews its loan exposure to monitor the concentration of credit risk relating to customers, countries, market segments and products.

  • Furthermore, as per the Country Concentration Policy, limits are in place that cap the maximum exposure to specific countries, to ensure that related risks do not threaten the asset quality or solvency of the Bank.

  • The Company may modify the Concentration Policy or Minimum Credit Rating upon approval of the Required Banks if such modification results in the imposition of a less restrictive Concentration Policy or Minimum Credit Rating than that set forth on Annex I.

  • The Bank’s Concentration Policy and its implementation shall be acceptable to the Regional Director and the Director as determined at subsequent examinations and/or visitations.

  • According to our discussions with the Management, the Deposit Concentration Policy was not implemented as strictly as planned primarily due to the insufficiency of the existing annual caps under the Former SEGC Framework Loan Agreement (including the Existing Loan Annual Cap), which had resulted in the fact that a substantial amount of funds of SEGC Group had been borrowed from external banks.

Related to Concentration Policy

  • Collection Policy means with respect to (i) the initial Servicer and any Subservicer, the customary servicing practices of Regional Management attached hereto as Exhibit E and (ii) any Successor Servicer, the customary servicing practices of such Successor Servicer, in each case as such customary servicing practices may be changed from time to time pursuant to this Agreement.

  • Valuation Policy has the meaning assigned to such term in Section 5.12(b)(ii)(B).

  • Credit and Collection Policy means Seller’s credit and collection policies and practices relating to Contracts and Receivables existing on the date hereof and summarized in Exhibit VIII hereto, as modified from time to time in accordance with this Agreement.

  • Allocation Policy means the allocation policy of the Company adopted by the Managing Member in accordance with Section 5.1.

  • Credit and Collection Policies or “Credit and Collection Policy” means the policies, practices and procedures adopted by the Issuer on the Closing Date, including the policies and procedures for determining the creditworthiness of Obligors and the extension of credit to Obligors, or relating to the maintenance of those types of receivables and the related equipment and collections on those types of receivables and the related equipment.

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.

  • Support Policy shall have the meaning given to it in the Support Terms (defined below).

  • Credit Card Guidelines means the respective policies and procedures of the Account Owner, as the case may be, as such policies and procedures may be amended from time to time, (a) relating to the operation of its credit card business, which generally are applicable to its portfolio of revolving credit card accounts and in each case which are consistent with prudent practice, including the policies and procedures for determining the creditworthiness of credit card customers and the extension of credit to credit card customers, and (b) relating to the maintenance of revolving credit card accounts and collection of credit card receivables.

  • Concentration means the weight of any given material present in a unit volume of liquid. Unless otherwise indicated in this permit, concentration values shall be expressed in milligrams per liter (mg/l).

  • Xxxxxx Mae Guide The Xxxxxx Xxx Single Family Seller/Servicer Guide and all amendments or additions thereto.

  • Concentration Limits means, as of any date of determination prior to (x) the Commitment Termination Date with respect to all items below and (y) the Final Maturity Date with respect to the concentration limit set forth in clause (c) below, for purposes of determining the Excess Concentration Amount and the Borrowing Base, the concentration limitations set forth below:

  • Credit Policy means the “New Jersey Infrastructure Bank Credit Policy,” as adopted by the Board of Directors of the I-Bank and as further amended and supplemented from time to time.

  • Order Execution Policy means the Brooks Macdonald policy explaining the steps taken to provide best execution in accordance with the FCA Rules.

  • Xxxxxx Mae Guides The Xxxxxx Xxx Xxxxxxx’ Guide and the Xxxxxx Mae Servicers’ Guide and all amendments or additions thereto.

  • Fxxxxx Mae Guides The Fxxxxx Mxx Selling Guide and the Fxxxxx Mae Servicing Guide and all amendments or additions thereto.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Credit Card Agreement means the open-end revolving credit agreement between a Cardholder and Bank governing the Account and Cardholder's use of the Credit Card, together with any modifications or amendments which may be made to such agreement as permitted in this Agreement.

  • Cancellation Policy Day tour cancellations are accepted by phone, mail, or email to xxxxxxx.xxxxxxxxxx@xxxxxxx.xxx. Refunds will be provided within 30 days from the date of cancellation. The following cancellation penalties apply:

  • Concentration Limit means at any time for any Obligor, the product of (i) such Obligor’s Specified Concentration Percentage, times (ii) the aggregate Unpaid Balance of the Eligible Receivables included in the Receivables Pool at the time of determination.

  • Concentration Account Bank means any bank or other financial institution at which the Concentration Account is maintained.

  • Investment Policies has the meaning assigned to such term in Section 3.11(c).

  • Credit card means any card, plate, coupon book, or other credit device ex- isting for the purpose of obtaining money, property, labor, or services on credit.

  • Credit Card Agreements means all agreements now or hereafter entered into by and between any Borrowing Base Party and any Credit Card Issuer or Credit Card Processor, as the same may now exist or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced.

  • Procurement Guidelines means the “Guidelines: Procurement under IBRD Loans and XXX Credits” published by the Bank in May 2004 and revised in October, 2006.

  • CREFC® Servicer Watch List/Portfolio Review Guidelines As of each Determination Date a report, including and identifying each Performing Serviced Loan satisfying the “CREFC® Portfolio Review Guidelines” approved from time to time by the CREFC® in the “CREFC® Servicer Watch List” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form (including other portfolio review guidelines) for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.