Portfolio Aging Limitations definition

Portfolio Aging Limitations is defined in the Side Letter.
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Portfolio Aging Limitations. With respect to the age of the Eligible Loans owned by the Purchaser on any day, the following limitations shall apply:
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Portfolio Aging Limitations means with respect to the age of the Eligible Mortgage Loans owned by Agent on any day, the following limitations shall apply: (i) the aggregate Repurchase Price of Eligible Mortgage Loans transferred to Agent more than three (3) months prior to such day may not exceed 50% of the Maximum Aggregate Purchase Price on such day; (ii) the aggregate Repurchase Price of Eligible Mortgage Loans acquired by Agent more than six (6) months prior to such day may not exceed 25% of the Maximum Aggregate Purchase Price on such day; and (iii) Seller must repurchase each Purchased Asset included in any Transaction (or series of Transactions) on or prior to the date that is 364 days from the date such Purchased Asset first became subject to a Transaction under this Agreement.
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Examples of Portfolio Aging Limitations in a sentence

  • As of any date of determination, the Eligible Loans in the aggregate shall satisfy the Portfolio Criteria, the Portfolio Aging Limitations and the Wet Funded Loan Limitation.

  • The Servicer shall service the Mortgage Loans in a manner consistent with the Portfolio Criteria, Portfolio Aging Limitations and Wet Funded Loan Limitation.

  • The Servicer agrees that as of any date of determination, the Mortgage Loans shall satisfy the Portfolio Criteria, the Eligibility Criteria set forth in clause (i) of the definition thereof, the Portfolio Aging Limitations and the Wet Funded Loan Limitation.

  • As of any date of determination, the Eligible Mortgage Loans in the aggregate shall satisfy the Eligibility Criteria, the Portfolio Criteria, the Portfolio Aging Limitations and the Wet Funded Loan Limitation.

  • As of any date of determination, the Company and the Servicer (in its own capacity and on behalf of the Additional Seller) covenant that the Eligible Loans, in the aggregate shall satisfy the Portfolio Criteria, the Portfolio Aging Limitations and the Wet Funded Loan Limitation.

  • The Mortgage Loans shall comply with the Eligibility Criteria, the Portfolio Aging Limitations, the Portfolio Criteria and the Wet Funded Loan Limitation.

  • The Servicer agrees that as of any date of determination, the Mortgage Loans shall satisfy the Portfolio Criteria and the Portfolio Aging Limitations.

  • The Servicer agrees that as of any date of determination, the Mortgage Loans shall satisfy the Portfolio Criteria, the Eligibility Criteria set forth in clause (i) and (ii) of the definition thereof, the Portfolio Aging Limitations and the Wet Funded Loan Limitation.

  • Authorize the City Manager to execute a Professional Services Agreement for the 23rd Street Multi-modal Corridor Study with Olsson, Incorporated.

  • The Company shall be in compliance with the Portfolio Aging Limitations, the Portfolio Criteria and the Wet Funded Loan Limitation (as such terms are defined in the Mortgage Loan Purchase and Servicing Agreement).


More Definitions of Portfolio Aging Limitations

Portfolio Aging Limitations. With respect to the age of the Eligible Loans owned by the Administrative Agent (on behalf of the Owners) on any day, the following limitations shall apply: (i) the aggregate Repurchase Price of Eligible Loans transferred to the Owners more than three (3) months prior to such day may not exceed 50% of the then-current Program Size; (ii) the aggregate Repurchase Price of Eligible Loans acquired by the Owners more than six (6) months prior to such day may not exceed 25% of the then-current Program Size; and (iii) the Seller must repurchase each Eligible Loan acquired by the Owners within one (1) year of the date of acquisition; provided, however, that, subject to Rating Agency Confirmation, the Administrative Agent and the Majority Owners may waive any of the requirements of clauses (i) and (ii) above.
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Related to Portfolio Aging Limitations

  • Concentration Limitations Limitations satisfied on each Measurement Date on or after the Effective Date and during the Reinvestment Period if, in the aggregate, the Collateral Obligations owned (or in relation to a proposed purchase of a Collateral Obligation, owned and proposed to be owned) by the Issuer comply with all of the requirements set forth below (or in relation to a proposed purchase after the Effective Date, if any such requirement is not satisfied, the level of compliance with such requirement is maintained or improved after giving effect to the purchase), calculated in each case as required by Section 1.3 herein:

  • Special purpose spray adhesive means an aerosol adhesive that meets any of the following definitions:

  • Plantwide applicability limitation (PAL means an emission limitation expressed in tons per year, for a pollutant at a major stationary source, that is enforceable as a practical matter and established source-wide in accordance with Chapter 19, section 011.

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 28.00% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the immediately preceding Cut-Off Date.

  • Obligor Concentration Limit At any time, in relation to the aggregate Unpaid Balance of Receivables owed by any single Obligor and its Affiliated obligors (if any):

  • Concentration Limit means at any time for any Obligor, the product of (i) such Obligor’s Specified Concentration Percentage, times (ii) the aggregate Unpaid Balance of the Eligible Receivables included in the Receivables Pool at the time of determination.

  • Sevicer Loan Address Zip Code: Rem Term: Occp Code: Appr Value: Note Date: Ceiling Lien City: Purpose: Prod Code: Curr CLTV: Prin Maturity Cr. Cr. 3561419 CA 300 14 $279,200.00 09/01/2000 2.00 45 356141900000000 11898 Crescent Drive 01 298 1 $349,000.00 06/01/2000 18.00 2 Grass Valley 95945 2 5.99 90 $34,471.39 06/01/2025 $34,900 716 3550802 CA 180 14 $252,700.00 09/02/2000 3.00 45 355080200000000 45 Cleo Court 01 178 1 $320,000.00 06/02/2000 18.00 2 Novato 94947 1 5.99 94 $46,472.83 06/02/2015 $48,000 753 3540894 CA 300 14 $204,000.00 12/02/2000 4.88 48 354089400000000 236 Center Avenue 01 298 1 $255,000.00 06/02/2000 18.00 2 Pacheco 94553 2 8.5 90 $24,348.15 06/02/2025 $25,000 636 3536787 CA 180 14 $144,000.00 09/02/2000 4.50 42 353678700000000 18714 Bainbury Street 02 178 1 $180,000.00 06/02/2000 18.00 2 Santa Clarita 91351 1 5.99 93 $21,525.92 06/02/2015 $22,500 659 3536734 CO 300 14 $112,408.00 09/02/2000 1.75 42 353673400000000 2065 Hooker Street 02 298 1 $165,000.00 06/02/2000 18.00 2 Denver 80211 2 5.99 80 $19,285.14 06/02/2025 $19,500 628 3551343 GA 180 09 $162,500.00 2.75 49 355134300000000 5097 Faversham Hil Drive 01 178 1 $203,185.00 06/02/2000 18.00 2 Suwanee 30024 1 12.25 100 $40,600.00 06/02/2015 $40,600 730 3538853 MA 180 14 $150,000.00 12/02/2000 4.00 45 353885300000000 21 Elaine Avenue 02 178 1 $200,000.00 06/02/2000 18.00 2 Peabody 01960 1 8.5 95 $39,508.76 06/02/2015 $40,000 641 3539868 FL 181 14 $78,068.00 12/02/2000 3.25 27 353986800000000 8527 Irving Road 02 179 1 $98,000.00 06/02/2000 18.00 2 Fort Myers 33912 1 8.5 93 $12,500.00 07/01/2015 $12,500 682 3535290 NJ 180 14 $336,000.00 12/02/2000 3.50 44 353529000000000 801 Westend Place 01 178 1 $420,000.00 06/02/2000 24.00 2 Cranford 07016 3 8.5 95 $63,000.00 06/02/2015 $63,000 687 3543538 WA 180 14 $320,000.00 09/02/2000 2.75 41 354353800000000 6957 N W Illich Road 01 178 1 $400,000.00 06/02/2000 18.00 2 Silverdale 98383 1 5.99 95 $22,007.38 06/02/2015 $60,000 814 3548385 NJ 300 14 $215,000.00 09/07/2000 2.25 42 354838500000000 2 Algonquin Terrace 02 298 1 $320,000.00 06/02/2000 18.00 2 Millstone 07726 2 5.99 75 $24,973.39 06/02/2025 $25,000 630 3551546 GA 180 09 $420,000.00 09/02/2000 3.75 44 355154600000000 1360 Creek Ridge Creek 01 178 1 $525,000.00 06/02/2000 18.00 2 Alpharetta 30005 1 5.99 95 $78,750.00 06/02/2015 $78,750 736 Page 187 of 318

  • Concentration Limits means, as of any date of determination prior to (x) the Commitment Termination Date with respect to all items below and (y) the Final Maturity Date with respect to the concentration limit set forth in clause (c) below, for purposes of determining the Excess Concentration Amount and the Borrowing Base, the concentration limitations set forth below:

  • Concentration Percentage means (i) for any Group A Obligor, 10.00%, (ii) for any Group B Obligor, 8.00%, (iii) for any Group C Obligor, 6.00% and (iv) for any Group D Obligor, 4.00%.

  • Energy efficiency portfolio standard means a requirement to

  • 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).

  • 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.

  • Acid rain emissions limitation means, as defined in 40 CFR 72.2*, a limitation on emissions of sulfur dioxide or nitrogen oxides under the acid rain program under Title IV of the Clean Air Act (CAA).

  • Baseline concentration means that ambient concentration level that exists in the baseline area at the time of the applicable minor source baseline date. A baseline concentration is deter- mined for each pollutant for which a minor source baseline date is estab- lished and shall include:

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Special purpose equipment means equipment which is used only for research, medical, scientific, or other technical activities. Examples of special purpose equipment include microscopes, x-ray machines, surgical instruments, and spectrometers.

  • Applicable effluent standards and limitations means all State and Federal effluent standards and limitations to which a discharge is subject under the Act, including, but not limited to, effluent limitations, standards of performance, toxic effluent standards and prohibitions, and pretreatment standards.

  • Availability Block means $15,000,000.

  • Effluent limitation guideline means a regulation published by the Administration under Section 304(b) of the CWA to adopt or revise effluent limitations.

  • Academies Financial Handbook means the document with that title published by the EFA and amended from time to time, on behalf of the Secretary of State.

  • Required Accumulation Reserve sub-Account Amount means, with respect to any Monthly Period during the Accumulation Reserve Funding Period, an amount equal to (i) 0.5% of the Outstanding Dollar Principal Amount of the Class A(2024-1) Notes as of the close of business on the last day of the preceding Monthly Period or (ii) any other amount designated by the Issuer; provided, however, that if such designation is of a lesser amount, the Note Rating Agencies shall have provided prior written confirmation that a Ratings Effect will not occur with respect to such change.

  • Concentration Reserve Percentage means, at any time of determination, the largest of: (a) the sum of the five (5) largest Obligor Percentages of the Group D Obligors, (b) the sum of the three (3) largest Obligor Percentages of the Group C Obligors, (c) the sum of the two (2) largest Obligor Percentages of the Group B Obligors and (d) the largest Obligor Percentage of the Group A Obligors.

  • Exceptions and Limitations means fair use, fair dealing, and/or any other exception or limitation to Copyright and Similar Rights that applies to Your use of the Licensed Material.

  • Delinquency Collection Policies and Procedures The delinquency collection policies and procedures of the Interim Servicer, a copy of which is attached to the Interim Servicing Agreement as Exhibit 11.

  • Area Agency on Aging (AAA means the Department of Human Services designated agency charged with the responsibility to provide a comprehensive and coordinated system of services to seniors and individuals with disabilities in a planning and service area. For the purpose of these rules, the term Area Agency on Aging is inclusive of both Type A and Type B Area Agencies on Aging as defined in ORS 410.040 and described in ORS 410.210 to 410.300.

  • Credit and Collection Policies or “Credit and Collection Policy” means the policies, practices and procedures adopted by the Issuer on the Closing Date, including the policies and procedures for determining the creditworthiness of Obligors and the extension of credit to Obligors, or relating to the maintenance of those types of receivables and the related equipment and collections on those types of receivables and the related equipment.