Net Outstanding Portfolio Collateral Balance definition

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, the amount of the aggregate Principal Balance on such Measurement Date of all Collateral Debt Securities, plus (a) the aggregate Principal Balance of all Principal Proceeds and Uninvested Proceeds held as cash and Eligible Investments and any amount on deposit at such time in the Principal Collection Account or the Uninvested Proceeds Account, minus (b) the aggregate Principal Balance on such Measurement Date of all Collateral Debt Securities that are Defaulted Securities or Deferred Interest Collateral Debt Securities, plus (c) for each Defaulted Security or Deferred Interest Collateral Debt Security, the Calculation Amount with respect to such Defaulted Security or Deferred Interest Collateral Debt Security.

Net Outstanding Portfolio Collateral Balance means, as of any Measurement Date, an amount equal to (a) the sum of (i) the aggregate principal balance on such Measurement Date of all Collateral Debt Securities, (ii) the aggregate principal balance of all Principal Proceeds and Uninvested Proceeds held as Eligible Investments purchased with Principal Proceeds or Uninvested Proceeds, and (iii) for each Defaulted Security, the Calculation Amount with respect to such Defaulted Security less (b) the sum of (i) the aggregate principal balance on such Measurement Date of all Collateral Debt Securities that are (A) Defaulted Securities or (B) Equity Securities and (ii) the Moody's Discount Haircut Amount; provided that clauses (a)(iii) and (b) above shall be disregarded for the purpose of calculating the Net Outstanding Portfolio Collateral Balance in connection with any of the percentage limitations set forth in the Eligibility Criteria.

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, an amount equal to (a) the aggregate Principal Balance on such Measurement Date of all Collateral Debt Securities plus (b) the aggregate Principal Balance of all Principal Proceeds and Uninvested Proceeds held as cash and Eligible Investments and U.S. Agency Securities purchased with Principal Proceeds or Uninvested Proceeds and any amount on deposit at such time in the Principal Collection Account or the Uninvested Proceeds Account (without duplication) minus (c) the aggregate Principal Balance on such Measurement Date of all Collateral Debt Securities that are (i) Defaulted Securities or Deferred Interest PIK Bonds or

Examples of Net Outstanding Portfolio Collateral Balance in a sentence

In addition, the Issuer shall also indicate in each such Monthly Report the respective percentage of the Net Outstanding Portfolio Collateral Balance for each aggregate amount referred to in clauses (viii) through (xxviii) above.
As of any date of determination on or after the Closing Date, the ratio (expressed as a percentage) obtained by dividing: (a) the excess, if any of (i) the Net Outstanding Portfolio Collateral Balance over (ii) the Adjustment Amount, by (b) the sum of (1) the Aggregate Outstanding Amount of the Notes ,(2) the Class C Interest Distribution Amount Shortfall, if any, and (3) the Class D Interest Distribution Amount Shortfall, if any.
With respect to each Payment Date, an amount equal to, and such amount not to exceed, the sum of (a) [**] and (b) [**] of the Net Outstanding Portfolio Collateral Balance and the Aggregate Principal Balance of Eligible Investments representing Principal Proceeds, each as of the related Determination Date.

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, without duplication, an amount equal to the sum of:

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, an amount equal to (a) the aggregate principal balance on such Measurement Date of all Collateral

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, without duplication, an amount equal to

Net Outstanding Portfolio Collateral Balance means, as of any date of determination, an amount, without duplication, equal to (a) the Aggregate Principal Balance on such date of determination of all Collateral Debt Securities (excluding Hedged Credit Default Swaps) other than Collateral Debt Securities that are Defaulted Securities or Deferred Interest PIK Bonds plus (b) the Aggregate Principal Balance of all Principal Proceeds and Uninvested Proceeds held as cash and Eligible Investments and U.S. Agency Securities and any amount on deposit at such time in the Principal Collection Account or the Uninvested Proceeds Account (each without duplicating) plus (c) for each Defaulted Security or Deferred Interest PIK Bond (excluding Hedged Credit Default Swaps), the Calculation Amount with respect to such Defaulted Security or Deferred Interest PIK Bond plus (d) the Excess Issuer CDS Account Funds minus (e) solely for the purpose of calculating the Net Outstanding Portfolio Collateral Balance in connection with any of the Class A/B Overcollateralization Test, the Class C Overcollateralization Test

Net Outstanding Portfolio Collateral Balance means, as of any Measurement Date, an amount equal to

Net Outstanding Portfolio Collateral Balance means, on any Measurement Date, an amount equal to (a) the aggregate principal balance on such Measurement Date of all Collateral Debt Securities plus (b) the aggregate principal balance of all Principal Proceeds and Uninvested Proceeds held as cash, Eligible Investments and U.S. Agency Securities purchased with Principal Proceeds or Uninvested Proceeds and any amount on deposit at such time in the Principal Collection Account or the Uninvested Proceeds Account (without duplication) minus (c) the aggregate principal balance on such Measurement Date of all Collateral Debt Securities that are (i) Defaulted Securities or (ii) Equity Securities plus (d) for each Defaulted Security, the Calculation Amount with respect to such Defaulted Security; provided that, solely for the purpose of calculating the Net Outstanding Portfolio Collateral Balance in connection with the Class AB Overcollateralization Test, the Class C Overcollateralization Test and the

Net Outstanding Portfolio Collateral Balance means as of any Measurement Date, an amount equal to (a) the Aggregate Principal Balance as of such Measurement Date of all Pledged Collateral Debt Securities plus (b) the aggregate amount of all Principal Proceeds and Uninvested Proceeds held as cash and the Aggregate Principal Balance of all Eligible Investments purchased with Principal Proceeds or Uninvested Proceeds (excluding, on or after the Ramp-Up Completion Date, any portion thereof that will be treated as Interest Excess) and any amount on deposit at such time in the Principal Collection Account or the Uninvested Proceeds Account (without duplication) minus (c) the Aggregate Principal Balance on such Measurement Date of all Pledged Collateral Debt Securities that are Defaulted Securities or Deferred Interest PIK Bonds plus (d) for each Defaulted Security or Deferred Interest PIK Bond, the Calculation Amount with respect to such Defaulted Security or Deferred Interest PIK Bond, as applicable, minus (e) solely for purposes of any of the Overcollateralization Tests and the Par Value Differential, the Overcollateralization Haircut Amount on such Measurement Date for the Pledged Collateral Debt Securities.