Concentrations Effective Date definition

Concentrations Effective Date. The earlier of:
Concentrations Effective Date. (i) As to any Loans and Leases, the earlier of: (a) the date that is three months following the more recent of (I) the Closing Date and (II) the closing of a Permitted Securitization Transaction after the Closing Date; or (b) the date on which the Aggregate Outstanding Asset Balance first equals or exceeds $100,000,000 following the more recent of (I) the Closing Date and (II) the closing of a Permitted Securitization Transaction after the Closing Date, and (ii) as to any LLC Assets, there shall be no Concentrations Effective Date.
Concentrations Effective Date. The earlier of: (a) the date that is three months following the closing of a Permitted Securitization Transaction of at least $150,000,000; or (b) the date on which the Aggregate Outstanding Asset Balance first equals or exceeds $100,000,000 following the closing of a Permitted Securitization Transaction of at least $150,000,000.

Related to Concentrations Effective Date