Investment Excess definition

Investment Excess means, on any Business Day, that (a) the Aggregate Capital outstanding hereunder exceeds the lesser of (i) the Facility Limit and (ii) the Investment Base, or (b) the aggregate of the Receivable Interests exceeds 100%.
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Investment Excess shall have the meaning set forth in Section 2.6.
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Investment Excess means, on any Business Day, the positive amount (if any) equal to the greater of:
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Examples of Investment Excess in a sentence

  • Seller has determined that, immediately after giving effect to each Purchase hereunder, no Investment Excess exists.

  • To the extent the effect of such Deemed Collection on the Net Pool Balance is to cause an Investment Excess, Seller shall deliver to the Servicer immediately available funds in an amount equal to the lesser of (a) the sum of all Deemed Collections deemed received by Seller and (b) an amount necessary to eliminate such Investment Excess, and in each case, the Servicer shall remit the same pursuant to Article II.

  • The Seller has determined that, immediately after giving effect to each Investment hereunder, no Investment Excess exists.

  • On each Capital Settlement Date which is not also a Monthly Payment Date on which any Aggregate Capital is outstanding, the Seller Parties shall turnover to the Administrative Agent an amount equal to any Investment Excess for distribution to the Purchasers in accordance with their respective Percentages.

  • Asone child told us: “If your family has got a reputation or something you get judged by it”.

  • To the extent the effect of such Deemed Collection on the Net Pool Balance shall cause an Investment Excess, the Seller shall forthwith deliver to the Collection Agent in immediately available funds an amount equal to the lesser of (i) the sum of all Deemed Collections deemed received by Seller and (ii) an amount necessary to eliminate such Investment Excess and Collection Agent shall remit the same to the Agent pursuant to Section 2.1.

  • If there is a Receivables Interest Excess or an Investment Excess, Seller shall pay to each of Xxxxx Fargo and the Gotham Group Agent (to be allocated to the members of the Gotham Group by the Gotham Group Agent) within one (1) Business Day Xxxxx Fargo’s and the Conduit’s respective Percentage of such Receivables Interest Excess or Investment Excess, as applicable.

  • Allegiance (or the applicable Subsidiary) shall assume the liability to provide benefits accrued under the Xxxxxx and Subsidiaries Incentive Investment Excess Plan and the Xxxxxx and Subsidiaries Deferred Compensation Plan with respect to Allegiance Employees.

  • On the last Interest Payment Date of each Bond Year, the Company must compute the Investment Excess for the preceding twelve month period.

  • The Authority will use its best efforts to appropriate an amount equal to the Investment Excess earned by the Authority from the investment of such Gross Proceeds in Nonpurpose Obligations and to pay such amount to the Company no later than five (5) days prior to the first date on which the Company is obligated to make a payment to the Trustee pursuant to Section 3.6(a)(3) hereof.


More Definitions of Investment Excess

Investment Excess means, on any Business Day, that (a) the Aggregate Credit Exposure hereunder exceeds the lesser of (i) the Purchase Limit and (ii) the Investment Base, or (b) the Purchaser Interest Coverage Percentage shall exceed 100%.¶
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Investment Excess means, for the applicable computation period, (1) the aggregate amount of interest, profits and other income actually earned on the investment of Gross Proceeds in Nonpurpose Obligations (other than (i) Gross Proceeds held in the Excess Earnings Account of the Earnings Fund
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Related to Investment Excess

  • 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.

  • Investment pool means an entity created under the Texas Gov- ernment Code to invest public funds jointly on behalf of the entities that participate in the pool and whose investment objectives in or- der of priority are preservation and safety of principal, liquidity, and yield.

  • Investment Portfolio means invested assets (including cash and cash equivalents, short-term investments, bonds or other fixed income securities and equity investments).

  • Recognised Investment Exchange means a recognised investment exchange as defined by section 285 of the Financial Services and Markets Xxx 0000;

  • Investment Proceeds means, with respect to any Determination Date, all interest and other investment earnings (net of losses and investment expenses) on funds on deposit in the Series 1996-1 Accounts, together with an amount equal to the Series 1996-1 Allocation Percentage of the interest and other investment earnings on funds held in the Collection Account credited as of such date to the Collection Account pursuant to Section 4.02 of the Agreement.

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Investment Vehicle means a corporation, partnership, limited partnership, limited liability company, association, or other entity, either domestic or foreign, managed by an external manager in which a board is the majority investor and that is organized in order to invest with, or retain the investment management services of, other external managers.

  • Investment Fund has the same meaning as in National Instrument 81-106 Investment Fund Continuous Disclosure;

  • Excess Funds shall have the meaning set forth in Section 2(l) of this Agreement.

  • Approved Investment means any type of security, instrument, participation or interest in property, as set forth on Schedule I hereto (which may be amended from time to time by execution of a revised Schedule I, I-A or I-B) in which Cash Collateral may be invested or reinvested by Bank in accordance with Paragraph 2 of Article IV hereof.

  • Investment Account As defined in Section 3.12(a).

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Net Investment Loss With respect to the Certificate Account, the Servicing Accounts or the REO Account or Companion Distribution Account for any period from any Distribution Date to the immediately succeeding P&I Advance Date, the amount by which the aggregate of all losses, if any, incurred during such period in connection with the investment of funds relating to the Trust Fund held in such account in accordance with Section 3.06, exceeds the aggregate of all interest and other income realized during such period on such funds.

  • Reinvestment Plan means the distribution reinvestment plan for the ETFs, as described under the heading “Distribution Policy – Distribution Reinvestment Plan”;

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Investment Return means the investment return payable in respect of the Bond in accordance with Clause 5 Returns.

  • Principal Accumulation Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Accumulation Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Buydown Fund Account A separate account or accounts created and maintained pursuant to Section 3.02 (a) with the corporate trust department of the Trustee or another financial institution approved by the Master Servicer, (b) within FDIC insured accounts (or other accounts with comparable insurance coverage acceptable to the Rating Agencies) created, maintained and monitored by a Servicer or (c) in a separate non-trust account without FDIC or other insurance in an Eligible Institution. Such account or accounts may be non-interest bearing or may bear interest. In the event that a Buydown Fund Account is established pursuant to clause (b) of the preceding sentence, amounts held in such Buydown Fund Account shall not exceed the level of deposit insurance coverage on such account; accordingly, more than one Buydown Fund Account may be established.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Investment project means an investment in qualified buildings

  • Investment Amount means the dollar amount to be invested by Investor to purchase Put Shares with respect to any Put as notified by the Company to Investor in accordance with Section 2.2.

  • Investment Earnings means, with respect to any Payment Date, the investment earnings (net of losses and investment expenses) on amounts on deposit in the Trust Accounts to be deposited into the Collection Account on such Payment Date pursuant to Section 5.01(b) of the Sale and Servicing Agreement.

  • Investment Program means a Person for whom Shipper or a direct or indirect subsidiary of Shipper acts as a general partner, managing partner or manager and the securities of which have been offered and sold to investors.

  • Investment Date means the date of the Investment Commitment Closing.