Portfolio Interest Certificate has the meaning set forth in Section 2.5(d).
Portfolio Interest Certificate has the meaning set forth in Section 2.16(e)(iii)(C).
Portfolio Interest Certificate shall have the meaning specified in Section 29(c).
Examples of Portfolio Interest Certificate in a sentence
If the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a Portfolio Interest Certificate on behalf of such partners.
Each party hereto agrees to notify the other party of any circumstance known to it that causes a certificate or document provided by it pursuant to this Section 29(c) to fail to be true and to provide two copies of a properly completed and duly executed updated form and, if applicable, a Portfolio Interest Certificate, upon any previously delivered form becoming invalid, obsolete or inaccurate.
If the Foreign Lender is a partnership and one or more direct or indirectpartners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a Portfolio Interest Certificate on behalf of such partners.
More Definitions of Portfolio Interest Certificate
Portfolio Interest Certificate. As defined in the Titling Trust Agreement.
Portfolio Interest Certificate shall have the meaning provided in Section 2.09(b).
Portfolio Interest Certificate has the meaning set forth in Section 2.4(d). “Principal Market” means the Nasdaq Capital Market (or any successor to the foregoing), subject to the first sentence of Section 6.16. “Proceeding” means any investigation, inquiry, litigation, review, hearing, suit, claim, audit, arbitration, proceeding or action (in each case, whether civil, criminal, administrative, investigative or informal) commenced, brought, conducted or heard by or before, or otherwise involving, any Governmental Authority or arbitrator. “Pro Rata Share” means, with respect to any Lender, the percentage obtained by dividing (a) such Lender’s outstanding Loans, by (b) the total outstanding amount of Loans held by all Lenders. “Qualifying Sub Debt” means Indebtedness of the Borrower in an aggregate outstanding principal amount at any time not to exceed the sum of (x) $50,000,000 and (y) the aggregate principal amount of the Loans that have been repaid, prepaid, paid, redeemed or converted into Conversion Shares that has been subordinated and made junior to the payment in full of the Obligations, and evidenced by a subordination
Portfolio Interest Certificate means a trust certificate ------------------------------ representing a Holder's interest in a Portfolio Interest.
Portfolio Interest Certificate shall have the meaning specified in Section 29(c). “Price Differential” shall mean, with respect to any Transaction as of any date, the aggregate amount obtained by daily application of the product of (a) the Pricing Rate for such Purchased Loan and (b) the outstanding Purchase Price for such Purchased Loan, as applicable, on a 360-day-per-year basis for the actual number of days during the period commencing on (and including) the Purchase Date for such Transaction and ending on (but excluding) the date of determination. “Pricing Rate” shall mean for each Pricing Rate Period, an annual rate equal to LIBOR for such Pricing Rate Period plus the relevant Applicable Spread for such Transaction and shall be subject to adjustment and/or conversion as provided in Section 3(k) of this Agreement, calculated based on a 360 day year for the actual number of days in the period. “Pricing Rate Determination Date” shall mean, with respect to any Pricing Rate Period, the first Business Day of such Pricing Rate Period. “Pricing Rate Period” shall mean, with respect to all Transactions, a period coinciding with each Interest Accrual Period, provided that (i) Price Differential shall only begin to accrue with respect to any Purchased Loan commencing on and including the Purchase Date for such Purchased Loan and (ii) in no event shall any Pricing Rate Period for any Transaction end subsequent to the Repurchase Date for such Transaction. “Principal Payment” shall mean, with respect to any Mortgage Loan, any payment or prepayment of principal received by the Seller, any Affiliate of Seller, the applicable Servicer or the Calculation Agent in respect thereof and the proceeds of any sale of such Mortgage Loan or any interest therein received by the Seller, any Affiliate of Seller, the applicable Servicer or the Calculation Agent. “Principal Proceeds” shall mean the following, without duplication: (i) Principal Payments (including unscheduled principal payments and any casualty or condemnation proceeds used to reduce the Unpaid Principal Balance of the related Mortgage Loan) received with respect to Mortgage Loans; (ii) Disposition Proceeds; and (iii) all proceeds paid under any insurance policy or in connection with the full or partial condemnation of a Mortgaged Property, in each case, to the extent not required to be applied to restore the related Mortgaged Property or released to the related Mortgagor or any tenants or ground lessors, in each case, up to the Unpaid Principal B...
Portfolio Interest Certificate a certificate substantially in the form of Exhibit H.
Portfolio Interest Certificate shall have the meaning specified in Section 29(c). “Preferred Equity Interest” shall mean a preferred equity interest or any other subordinate debt or equity interest relating to a Mortgaged Property or Mortgagor for any Transaction.