Conduit Purchase Limit definition

Conduit Purchase Limit means, for each Conduit, the purchase limit of such Conduit with respect to Incremental Purchases, in an amount not to exceed (i) in the aggregate, the amount set forth opposite such Conduit’s name on Schedule A to this Agreement, as such amount may be modified in accordance with the terms hereof (including, without limitation, Section 4.6(b)) and (ii) with respect to any individual Incremental Purchase hereunder, its Pro Rata Share of the aggregate Cash Purchase Price therefor.
Conduit Purchase Limit of any Conduit Purchaser means the dollar amount set forth on Schedule II hereto opposite such Conduit Purchaser’s name, as such amount may be reduced pursuant to Section 2.01(c) or Section 2.18.
Conduit Purchase Limit. ASSET ONE SECURITIZATION, LLC, $200,000,000 as a Conduit Purchaser

Examples of Conduit Purchase Limit in a sentence

  • In connection with any assignment by a Conduit Purchaser of all or any portion of its Conduit Purchase Limit to a Conduit Assignee, such Conduit Assignee may elect to establish a new Purchaser Group hereunder by the execution and delivery of a Joinder Agreement by such Conduit Assignee, the Committed Purchasers which are to be in its Purchaser Group and the Person which is to be the Managing Agent for such Purchaser Group, in each case without the consent of any other party.

  • Upon any such reduction, the Commitment of each Committed Purchaser and the Conduit Purchase Limit of each Conduit Purchaser shall be reduced in an amount equal to such Committed Purchaser's or Conduit Purchaser's ratable share of the amount of such reduction.

  • Group Purchase Limit: $110,000,000 Conduit: Victory Receivables Corporation Conduit Purchase Limit: $110,000,000 Financial Institution: MUFG Bank, Ltd.

  • Upon any such reduction, the Commitment of each Committed Purchaser and the Conduit Purchase Limit of each Conduit Purchaser shall be reduced in an amount equal to such Committed Purchaser’s or Conduit Purchaser’s ratable share of the amount of such reduction.

  • Effective as of the date hereof, PNC’ Commitment, as Related Financial Institution for Market Street, shall be $150,000,000, and Market Street’s Conduit Purchase Limit shall be $150,000,000.

  • Effective as of the date hereof, Calyon’s Commitment, as Related Financial Institution for Atlantic, shall be $102,000,000, and Atlantic’s Conduit Purchase Limit shall be $100,000,000.

  • Xxxxx Title: Vice President Conduit: Chariot Funding LLC Conduit Purchase Limit: $65,000,000 Committed Purchaser(s): JPMorgan Chase Bank, N.A. Commitment(s): $65,000,000 Funding Agent: JPMorgan Chase Bank, N.A. Reference Bank: JPMorgan Chase Bank, N.A.

  • Effective as of the date hereof, BNS’ Commitment, as Related Financial Institution for Liberty Street, shall be $102,000,000, and Liberty Street’s Conduit Purchase Limit shall be $100,000,000.

  • Committed Purchaser: Citibank, N.A. Commitment: $250,000,000 450 Mamaroneck Avenue Harrison, N.Y. 10528 Attention: Robert Kohl Telephone: (914) 899-7218 Telecopy: (914) 899-7903 Conduit Purchaser: CAFCO, LLC Conduit Purchase Limit: $250,000,000 450 Mamaroneck Avenue Harrison, N.Y. 10528 Attention: Maryjo Gavigan Telephone: (914) 899-7122 Telecopy: (914) 899-7903 Managing Agent: Citicorp North America, Inc.


More Definitions of Conduit Purchase Limit

Conduit Purchase Limit means, for any Conduit, the maximum Capital which may be purchased by such Conduit as set forth on Schedule A hereto.
Conduit Purchase Limit of any Conduit Purchaser means the dollar amount set forth on Schedule I hereto opposite such Conduit Purchaser's name, as such amount may be reduced pursuant to Section 2.01(c) or Section 2.18.

Related to Conduit Purchase Limit

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Revolving Percentage as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments (or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Loans then outstanding constitutes of the aggregate principal amount of the Revolving Loans then outstanding).