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, for any Payment Date, the arithmetical average of (a) the sum of the Principal Balances of all Collateral 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 sum of the Principal Balances of all Collateral 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 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.

Examples of Quarterly Asset Amount in a sentence

• A Bureau of Alcohol, To- bacco, and Firearms Region.U.S.C. The United States Code.[T.D. ATF–48, 43 FR 13535, Mar.

• In addition to the Base Asset Management Fee, the Asset Manager will receive an incentive asset management fee, equal to 0.125% per annum on the Quarterly Asset Amount but only if Preference Shares have received an annualised internal rate of return of at least 12.0%.

• The Subordinated Collateral Management Fee is payable in arrears on each Payment Date in an amount (as certified by the Collateral Manager to the Trustee and the Collateral Agent) equal to 0.35% per annum (calculated on the basis of a 360 day year and the actual number of days elapsed during the applicable Due Period) of the Quarterly Asset Amount with respect to such Payment Date.

• The Senior Collateral Management Fee is payable in arrears, on each Payment Date, in an amount (as certified by the Collateral Manager to the Trustee) equal to 0.15% per annum (calculated on the basis of a 360-day year and the actual number of days elapsed during the applicable Due Period) of the Quarterly Asset Amount with respect to such Payment Date.

• Subordinate CollateralManagement Fee: 0.30% per annum of the Quarterly Asset Amount with respect to such Payment Date (calculated on an actual/360 basis for the applicable Due Period).

More Definitions of Quarterly Asset Amount

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.

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, with respect to any Distribution Date, the Net Outstanding Portfolio Collateral Balance on the first day following the prior Distribution Date or, in the case of the first Due Period, on the Closing Date.

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

Quarterly Asset Amount means, with respect to any Distribution Date, the Net Outstanding Underlying Asset Balance on the first day of the related Due Period.

Quarterly Asset Amount means, with respect to any Payment Date, the sum of (i) the aggregate principal amount (excluding all accrued but unpaid interest and capitalized interest) of all Underlying Assets and (ii) the amounts on deposit in the Principal Collection Account on the first day of the related Due Period (as shown by the Note Valuation Report prepared with respect to the immediately preceding Payment Date).

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.