Quarterly Asset Amount definition

Quarterly Asset Amount means, for any Payment Date, the sum of (i) the Daily Average Collateral Obligation Commitment Amount for such Payment Date and (ii) the daily average balance of cash on deposit in the Principal Collection Subaccount for the Collection Period related to such Payment Date.

Quarterly Asset Amount means, with respect to any Distribution Date, the Net Outstanding Portfolio Collateral Balance on the first day of the related Due Period or, in the case of the first Due Period, on the Closing Date.

Quarterly Asset Amount means, with respect to any Quarterly Distribution Date, the Net Outstanding Portfolio Collateral Balance on the first day of the related Due Period or, in the case of the first Due Period, on the Closing Date. For the purpose of calculating the Senior Collateral Management Fee and the Subordinated Collateral Management Fee, the Quarterly Asset Amount will be calculated as if the principal balance of each Interest Only Security were equal to the Aggregate Amortized Cost thereof.

Examples of Quarterly Asset Amount in a sentence

• The fee payable quarterly in arrears on each Payment Date to the Collateral Manager pursuant to this Indenture and the Collateral Management Agreement, equal to 0.10% per annum of the Quarterly Asset Amount for such Payment Date, to the extent funds are available for such purpose in accordance with the Priority of Payments.

• With respect to each Payment Date, the amount equal to the sum (without duplication) of (a) the aggregate par amount of the Collateral Assets (including all Collateral Assets held by an ETB Subsidiary) and (b) the aggregate par amount of Eligible Principal Investments held by the Issuer, in each case measured as of the first day of the related Due Period; provided, that with respect to the first Due Period, the Quarterly Asset Amount shall be measured as of the last day of the first Due Period.

• The fee payable quarterly in arrears on each Payment Date, to the Collateral Manager pursuant to this Indenture and the Collateral Management Agreement, equal to 0.10% per annum of the Quarterly Asset Amount for such Payment Date, to the extent funds are available for such purpose in accordance with the Priority of Payments.

More Definitions of Quarterly Asset Amount

Quarterly Asset Amount means, for any Payment Date, the Aggregate Collateral Balance as of the last day of the most recent Collection Period.

Quarterly Asset Amount means, for any Payment Date, the sum of (i) the Daily Average Collateral Obligation Commitment Amount for

Quarterly Asset Amount means, for any Payment Date, the arithmetical average of (a) the Aggregate Principal Balance of all Eligible Loans and the cash and the principal balance of any Eligible Investments on deposit in the Principal Collection Subaccount, measured as of the first day of the related Collection Period and (b) the Aggregate Principal Balance of all Eligible Loans and the cash and the principal balance of any Eligible Investments on deposit in the Principal Collection Subaccount, measured as of the related Determination Date.

Quarterly Asset Amount means, with respect to any Payment Date, an amount equal to the sum of

Quarterly Asset Amount means, with respect to each Determination Date, the sum (without duplication) of (i) the Aggregate Principal Amount of all Underlying Assets and Eligible Investments purchased with Principal Proceeds as of such date and (ii) the amounts on deposit in the Principal Collection Account as of such date that constitute Principal Proceeds.

Quarterly Asset Amount means, for any Payment Date, the sum of (i) the Daily Average Collateral Obligation Commitment Amount for such Payment Date and (ii) the daily

Quarterly Asset Amount means, with respect to any Payment Date, the Net Outstanding Portfolio Collateral Balance on the first day immediately after the preceding Payment Date.