Financed Portion definition

Financed Portion means, at any time, with respect to a Securitization, the greatest amount of the claims of the parties providing financing (whether through direct purchases of receivables or interests therein or through other financing arrangements), however evidenced, including direct claims on collections of a party providing financing and including debt or equity interests or securities (other than any seller’s interests retained by any wholly owned Subsidiary) of a purchasing vehicle, permitted to be outstanding at such time under such Securitization (assuming the satisfaction of all conditions to issuance) or, if greater, the maximum purchase limit, however denominated, under such Securitization.
Financed Portion means the portion of the Net Contract Price of Goods and Services that may be covered under the Guarantee in accordance with Section 3.06(a).
Financed Portion means, at any time, with respect to a Securitization, the greatest amount of the claims of the parties providing financing (whether through direct purchases of receivables or interests therein or through other financing arrangements), however evidenced, including direct claims on collections of a party providing financing and including debt or equity interests or securities (other than any seller’s interests retained by any wholly owned Subsidiary) of a purchasing vehicle, permitted to be outstanding at such time under such Securitization (assuming the satisfaction of all conditions to issuance).

Examples of Financed Portion in a sentence

  • The Guarantee of each such Credit shall only cover the Local Cost Goods and Services as approved by Ex-Im Bank as eligible for financing hereunder, described in the Acquisition List, and in an amount not to exceed the Local Cost Financed Portion.


More Definitions of Financed Portion

Financed Portion means at any time, with respect to receivables ---------------- subject to a Securitization (other than the Canadian Securitization referred to in Section 6.02(e)(i)), an amount of such receivables equal to the aggregate amount of then outstanding debt or equity instruments or securities (other than any seller's interest retained by any Borrower or a subsidiary of the Borrower) issued in connection with such Securitization, in each case determined in accordance with GAAP.
Financed Portion means at any time, with respect to receivables subject to a Securitization, an amount of such receivables equal to the aggregate amount of then outstanding debt or equity instruments or securities (other than any seller's interest retained by the relevant Borrower or a Subsidiary thereof) issued in connection with such Securitization, in each case determined in accordance with Applicable Accounting Principles.
Financed Portion means the portion of the respective Contract Prices of the Items that may be covered under the Eximbank Guarantee in accordance with Section 4.02(a).
Financed Portion means, at any time, with respect to a Securitization Transaction, the greatest amount of the claims of the parties providing financing (whether through direct purchases of receivables or interests therein or through other financing arrangements), however evidenced, including direct claims on collections of a party providing financing and including debt or equity interests or securities (other than any seller's interests retained by any wholly owned Subsidiary) of a purchasing vehicle, permitted to be outstanding at such time under such Securitization Transaction (assuming the satisfaction of all conditions to issuance) or, if greater, the maximum purchase limit, however denominated, under such Securitization Transaction.
Financed Portion means the contract price of an insured transaction less the cash payment specified in the declarations. For purposes of this definition, "cash payment" may be the payment of cash or a financing, both provided and evidenced separately from the financing insured by this policy.
Financed Portion shall have the meaning specified in the Eximbank Utilization Procedures.
Financed Portion means at any time, with respect to Receivables subject to a Securitisation, an amount of such Receivables equal to the aggregate amount of then outstanding debt or equity instruments or securities (other than any Transferors' Retained Interests) issued in connection with such Securitisation, in each case determined in accordance with accounting principles generally accepted in England and Wales and consistently applied;