Minimum Required Equity Amount definition

Minimum Required Equity Amount means the greater of (i) an amount equal to the sum of the Outstanding Balances of all Eligible Loan Assets attributable to the three (3) individual Obligors with the largest aggregate Outstanding Balances of Eligible Loan Assets included in the Collateral Portfolio as of such date of determination and (ii) an amount equal to 10% of the Target Portfolio Amount.
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Minimum Required Equity Amount means, as of any date of determination, the amount equal to the sum of the Current Market Values of all Eligible Collateral Assets attributable to the four obligors whose Collateral Assets have the highest Assigned Values.
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Minimum Required Equity Amount. As of any Measurement Date, an amount equal to the greater of (i) the sum of the Adjusted Balances of all Eligible Loans to the three largest Obligors and (ii) $80,000,000. For the avoidance of doubt, once the aggregate Adjusted Balance equals $450,000,000, the applicable amount for clause (ii) shall be $100,000,000. The applicable amount for clause (ii) in existence on the last day of the Reinvestment Period will continue to apply after the Reinvestment Period ends.
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More Definitions of Minimum Required Equity Amount

Minimum Required Equity Amount means, as of any date of determination, an amount equal toan amount equal to the greater of (i) $300,000,000 and (ii) the sum of the Adjusted Borrowing Values of all Eligible Loan Assets attributable to the three (3) Obligors having the largest Obligor concentration; such Obligor concentrations to be determined by summing, for each Obligor, the Adjusted Borrowing Values for all Eligible Loan Assets of such Obligor on such date of determination.
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Minimum Required Equity Amount means, as of any date of determination, an amount equal to the greater of
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Minimum Required Equity Amount means the greater of (i) $35,000,000 and
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Minimum Required Equity Amount means the greater of (i) 10% of the Maximum Facility Amount then in effect as of such date of determination and (ii) an amount equal to the sum of the Adjusted Borrowing Values of all Eligible Loan Assets attributable to the three individual Obligors with the largest aggregate Adjusted Borrowing Value of Eligible Loan Assets included in the Collateral Portfolio as of such date of determination.
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Minimum Required Equity Amount means (i) as of any date of determination prior to the six (6) month anniversary of the Closing Date, zero and (ii) as of any date of determination on or after the six (6) month anniversary of the Closing Date, an amount equal to the lesser of (a) the sum of the Adjusted Borrowing Values of all Eligible Loan Assets attributable to the four (4) individual Obligors (together with their Affiliates) with the largest aggregate Adjusted Borrowing Values of Eligible Loan Assets included in the Collateral Portfolio as of such date of determination and (b) $75,000,000.
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Related to Minimum Required Equity Amount

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Minimum L/C Collateral Amount means, at any time, in connection with any Letter of Credit, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 102% of the Revolving L/C Exposure with respect to such Letter of Credit at such time and (ii) otherwise, an amount sufficient to provide credit support with respect to such Revolving L/C Exposure as determined by the Administrative Agent and the Issuing Banks in their sole discretion.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount equal to 105% of the Outstanding Amount of all L/C Obligations, and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Maximum Collateral Amount The sum of the Principal Balance as of the Cut-off Date of the Initial Mortgage Loans and the Original Pre-Funded Amount.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Total Required Payment means, for a Payment Date, the sum of

  • Borrowing Base Amount means:

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.

  • Highest Required Investment Category (i) With respect to ratings assigned by Moody’s, “Aa2” or “P-1” for one month instruments, “Aa2” and “P-1” for three month instruments, “Aa3” and “P-1” for six month instruments and “Aa2” and “P-1” for instruments with a term in excess of six months, (ii) with respect to rating assigned by S&P, “A-1” for short-term instruments and “A” for long-term instruments, and (iii) with respect to rating assigned by Fitch (if such investment is rated by Fitch), “F-1+” for short-term instruments and “AAA” for long-term instruments.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).