Financed Amounts definition

Financed Amounts means such amounts referred to in Clauses 5.2.4(a) and 5.2.4(b).
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Financed Amounts means the total Disbursements pursuant to this Agreement, which at any given time, result due and outstanding by the Lessee.
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Financed Amounts shall have the meaning set forth in the Reinsurance Agreement.
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Examples of Financed Amounts in a sentence

  • As of the date hereof, there are no conditions precedent related to the funding of the full amount of the Financing or any contingencies that would permit the Lenders to reduce the total amount of the Financing below the amount necessary to pay the Financed Amounts (including any condition or other contingency relating to the amount or availability of the Financing pursuant to any “flex” provision), other than as explicitly set forth in the Financing Commitments.

  • In addition, Fannie Mae and Freddie Mac, the owner of a significant portion of all home mortgages, stated that they would not purchase home loans with Financed Amounts such as those offered by the Sponsor.

  • Under Florida law, property taxes and Financed Amounts typically stay with the Property when it is sold.

  • A non-utilization fee (the “Non-Utilization Fee”) equal to zero point twenty five per cent (0.25%) per annum calculated on the difference between the Maximum Financing Amount and the Financed Amounts shall be paid by the Company to the Factor on a monthly basis.

  • This may mean that Property Owners who sell or refinance their property may be required to prepay such Financed Amounts at the time they close their sale or refinancing.

  • Property Owners may apply for additional financing under the Program for the same Property or an additional Property(s), as long as all Financed Amounts for a particular Property still meet all Program guidelines.

  • Buyer shall not, and shall cause its Affiliates, Representatives and Financing Sources not to, make any written or oral request for approval from any Governmental Entity for the NER Financing to include financing of more than $513,000,000 in Financed Amounts, subject to Section 4.3 of the Buyer Disclosure Schedule.

  • The Parties agree that (i) the amounts of the Transferred Receivables which may be financed for the Company on any day cannot exceed the Maximum Funding Amount less the aggregate Financed Amounts as at such day and (ii) that, for the avoidance of doubt, the total amount of the Financed Amounts shall never exceed the Maximum Funding Amount.

  • Promptly upon receipt of any complete Loan Package, the Servicer shall review such Loan Package to confirm that (i) each Receivable File included in such Loan Package contains the documents enumerated in Section 3.03(2), and (ii) the Financed Amount set forth in the accompanying Summary Loan Disbursement and Data Sheet accurately reflects the aggregate Financed Amounts of all Receivables included in such Loan Package.

  • Property Owners may apply for additional financing under the Program for the same Property or an additional Property(s), as long as the combined value of all Financed Amounts for a particular Property still meet all Program guidelines.


More Definitions of Financed Amounts

Financed Amounts means, as of any date of determination, with respect to all or any portion of the Covered Insurance Policies consisting of term life insurance policies retroceded by the Reinsurer in connection with any reserve financing or securitization as of such date, an amount equal to (i) the General Account Reserves as of such date, minus (ii) the Reinsurance Receivables as of such date, minus (iii) the amount of Uncollected/Deferred Premiums as of such date, minus (iv) reserve credits as of such date under the Existing Reinsurance Agreements that are novated to the Reinsurer after the Effective Time, in each case only with respect to the portion of such amounts in respect of all or any portion of such term life insurance Covered Insurance Policies that are retroceded in connection with any such reserve financing or securitization; provided that the Financed Amounts shall not exceed $275,000,000 without the prior written consent of the Ceding Company; provided further, however, that in the event that the Reinsurer’s RBC Ratio falls below 250% as of a calendar quarter-end and the Reinsurer has not cured such shortfall as of the forty-fifth (45th) calendar day following such calendar quarter-end, the Financed Amounts shall, thereafter, be reduced by the amount of the economic reserves, as of such date of determination, associated with any such reserve financing or securitization.
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Financed Amounts means, as of any date of determination, with respect to all or any portion of the Reinsured Contracts consisting of term or universal life insurance policies retroceded by the Reinsurer in connection with any reserve financing or securitization as of such date, an amount equal to the General Account Reserves as of such date in respect of all or any portion of such term or universal life insurance Reinsured Contracts that are retroceded in connection with any such reserve financing or securitization; provided that the Financed Amounts shall not exceed as of any such date, the maximum amount set forth on Schedule H with respect to such date; provided, further, that if on any such date of determination a Reserve Credit Event has occurred and is continuing then the Financed Amounts as of such date shall mean zero.
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Financed Amounts means: (a) statutory reserves, calculated in accordance with SAP, with respect to the universal life insurance business with secondary guarantees and term life insurance business with premium guarantees that are included in the Company Business; minus (b) Economic Reserves (as such term is described or defined in the NER Commitment Letter or the term sheet attached thereto), excluding any risk spread or similar fees or other costs and expenses incurred by Buyer or the Captive (as such term is defined in the NER Commitment Letter) in connection with or arising under the NER Financing.
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Financed Amounts means, as of any date of determination, with respect to all or any portion of the Covered Insurance Policies consisting of term life insurance policies retroceded by the Reinsurer in connection with any reserve financing or securitization as of such date, an amount equal to (i) the General Account Reserves as of such date, MINUS (ii) the Reinsurance Receivables as of such date, MINUS (iii) the amount of Uncollected/Deferred Premiums as of such date, MINUS (iv) reserve credits as of such date under the Existing Reinsurance Agreements that are novated to the Reinsurer after the Effective Time, in each case only with respect to the portion of such amounts in respect of all or any portion of such term life insurance Covered Insurance Policies that are retroceded in connection with any such reserve financing or securitization; PROVIDED that the Financed Amounts shall not exceed $275,000,000 without the prior written consent of the Ceding Company; PROVIDED FURTHER, HOWEVER, that in the event that the Reinsurer's RBC Ratio falls below 250% as of a calendar quarter-end and the Reinsurer has not cured such shortfall as of the forty-fifth (45th) calendar day following such calendar quarter-end, the Financed Amounts shall, thereafter, be reduced by the amount of the economic reserves, as of such date of determination, associated with any such reserve financing or securitization.
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Financed Amounts means the amounts of Transferred Receivables benefiting from the Financing.
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Financed Amounts means (a) the statutory reserves, calculated in accordance with SAP with respect to the insurance policies described in the NER Commitment Letter or the term sheet attached thereto, minus (b) Economic Reserves (as such term is described or defined in the NER Commitment Letter or the term sheet attached thereto), up to $3,000,000,000, excluding any risk spread or similar fees or other costs and expenses incurred by Buyer, its Affiliates or the Reinsurer (as such term is defined in the NER Commitment Letter) in connection with or arising under the NER Financing.
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Related to Financed Amounts

  • Amounts receivable by the Trust in a foreign currency shall be reported to the Evaluator who shall convert the same to U.S. dollars based on current exchange rates, in the same manner as provided in Section 4.01(b) or 4.01(c), as applicable, for the conversion of the valuation of foreign Equity Securities, and the Evaluator shall report such conversion with each Evaluation made pursuant to Section 4.01."

  • Declined Amounts has the meaning specified in Section 2.05(c).

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Secured Amounts means all money and amounts, including interest or payments in the nature of interest, that the Customer is or may become liable at any time to pay to or for the account of the Secured Party and includes money and amounts:

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Available Finance Charge Collections means, for any Monthly Period, an amount equal to the sum of (a) the Investor Finance Charge Collections for such Monthly Period, (b) the Series 2012-1 Excess Finance Charge Collections for such Monthly Period, (c) Principal Accumulation Investment Proceeds, if any, with respect to the related Transfer Date, (d) interest and earnings on funds on deposit in the Reserve Account which will be deposited into the Finance Charge Account on the related Payment Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(a), and (e) amounts, if any, to be withdrawn from the Reserve Account which will be deposited into the Finance Charge Account on the related Transfer Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(c).

  • Reimbursement Amounts As defined in Section 3.22.

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.

  • Reallocated Investor Finance Charge Collections means that portion of Group I Investor Finance Charge Collections allocated to Series 1997-1 pursuant to Section 4.10.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of cash sales, rental proceeds, and tax refunds).

  • Insured Amounts means, with respect to any Distribution Date, the Deficiency Amount for such Distribution Date.

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • Eligible Funds On any Distribution Date, the portion, if any, of the Available Distribution Amount remaining after reduction by the sum of (i) the aggregate amount of Accrued Certificate Interest on the Senior Certificates, (ii) the Senior Principal Distribution Amount (determined without regard to Section 4.02(a)(ii)(Y)(D) of this Series Supplement), (iii) the Class A-P Principal Distribution Amount (determined without regard to Section 4.02(b)(i)(E) of this Series Supplement) and (iv) the aggregate amount of Accrued Certificate Interest on the Class M, Class B-1 and Class B-2 Certificates.

  • Excess Finance Charge Collections means collections of Finance Charge Receivables and certain other amounts allocable to the Certificateholders’ Interest of any Excess Allocation Series in excess of the amounts necessary to make required payments with respect to such series (including payments to the provider of any related Series Enhancement) that are payable out of collections of Finance Charge Receivables.

  • Principal Collections means Collections of Principal Receivables.

  • Principal Receivables means all Receivables other than Finance Charge Receivables.

  • Reallocated Principal Collections means, for any Transfer Date, Investor Principal Collections applied in accordance with Section 4.6 in an amount not to exceed the Monthly Principal Reallocation Amount for the related Monthly Period.

  • Excluded Amounts means:

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Unscheduled Payments With respect to any Distribution Date, all payments and collections received with respect to the Whole Loan or upon foreclosure or liquidation of the Property (net of related foreclosure expenses and Liquidation Expenses) during the related Collection Period including, but not limited to, prepayments due to acceleration of the Whole Loan, Net Liquidation Proceeds, Net Foreclosure Proceeds, Condemnation Proceeds, Insurance Proceeds, voluntary prepayments and other payments and collections on the Trust Loan or Whole Loan, as applicable, not scheduled to be received, other than Monthly Payments or any Balloon Payment.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.