Portfolio Exposure Amount definition

Portfolio Exposure Amount means the excess (if any) of the sum of (i) the aggregate Exposure Amount at such time plus (ii) Unsettled Amounts over (iii) the sum of (x) amounts on deposit in the Future Funding Reserve Account on such date and (y) amounts on deposit in the Collection Account on such date, including Eligible Investments, representing Principal Proceeds.

Portfolio Exposure Amount means, at any time, the excess (if any) of (x) the aggregate unfunded amounts in respect of all Revolving Collateral Loans and Delayed Drawdown Collateral Loans and all amounts due for unsettled purchases at such time over (y) the aggregate amount on deposit in the Revolving Reserve Account at such time.

Portfolio Exposure Amount means, on any date of determination, the excess (if any) of (x) the aggregate unfunded amounts in respect of all Revolving Collateral Loans and Delayed Drawdown Collateral Loans, net of the aggregate amount on deposit in the Revolving Reserve Account on such date of determination, and all amounts due for unsettled purchases at such time over (y) Principal Proceeds on deposit in the Principal Collection Account on such date of determination to the extent of such portion thereof that is not prohibited by the terms of this Agreement from being used to settle unsettled purchases of Collateral Obligations.

More Definitions of Portfolio Exposure Amount

Portfolio Exposure Amount means the excess (if any) of the sum of (i) the aggregate Exposure Amount at such timeplus (ii) Unsettled Amounts over (iii) the sum of

Portfolio Exposure Amount. ” means the excess (if any) of the sum of (i) the aggregate Exposure Amount at such timeplus (ii) Unsettled Amounts over (iii) the sum of (x) amounts on deposit in the Future Funding Reserve Account on such date and (y) amounts on deposit in the Collection Account on such date, including Eligible Investments, representing Principal Proceeds.