Retention Basis Amount definition
Retention Basis Amount means the nominal value of all Collateral Loans held by the Borrower from time to time.
Retention Basis Amount. On any date of determination, an amount equal to the Collateral Principal Amount on such date with the following adjustments: (i) Defaulted Obligations shall be included in the Collateral Principal Amount and the principal balances thereof shall be deemed equal to their respective outstanding principal amounts and (ii) any Equity Security owned by the Issuer shall be included in the Collateral Principal Amount with a principal balance determined as follows: (a) in the case of a debt obligation or other debt security, the principal amount outstanding of such obligation or security, (b) in the case of an equity security received upon a “debt for equity swap” in relation to a restructuring or other similar event, the principal amount outstanding of the debt which was swapped for the equity security and (c) in the case of any other equity security, the nominal value thereof as determined by the Collateral Manager.
Retention Basis Amount means the nominal value of the Collateral that will be secured under the Indenture as a result of the Issuer’s use of the proceeds from the issuance of the Series 2010-6 Notes.
More Definitions of Retention Basis Amount
Retention Basis Amount. On any date of determination, an amount equal to the Collateral Balance on such date with the following adjustments: (i) Defaulted Obligations shall be included in the Collateral Balance and the principal balances thereof shall be deemed equal to their respective outstanding principal amounts and (ii) any Equity Security owned by the Issuer shall be included in the Collateral Balance with a principal balance determined as follows:
Retention Basis Amount means the nominal value of all Portfolio Assets held by the Borrower from time to time.
Retention Basis Amount means the nominal value of all Collateral Loans held by the Borrower from time to time. “Retention Holder” means the Equityholder.
Retention Basis Amount. On any date of determination, an amount used for determining the EU/UK Retained Interest and in determining whether a Retention Deficiency has occurred and equal to the Collateral Principal Amount on such date with the following adjustments: (i) Defaulted Obligations will be included in the Collateral Principal Amount and the Principal Balances thereof will be deemed to equal their respective outstanding principal amounts, and (ii) any Equity Security owned by the Issuer will be included in the Collateral Principal Amount with a Principal Balance determined as follows: (a) in the case of a debt obligation or other debt security, the principal amount outstanding of such obligation or security, (b) in the case of an equity security received upon a “debt for equity swap” in relation to a restructuring or other similar event, the principal amount outstanding of the debt which was swapped for the equity security and (c) in the case of any other equity security, the nominal value thereof as determined by the Collateral Manager.
Retention Basis Amount means, on any date of determination, an amount used for determining compliance with the EU Retention Requirements and equal to the sum of (i) the Aggregate Principal Balance of the Collateral Obligations (including any Defaulted Obligations regardless of the length of time since becoming a Defaulted Obligation) plus (ii) without duplication, with respect to any Equity Security, an amount equal to (a) in the case of a debt obligation or other debt security, the principal amount outstanding of such obligation or security,
Retention Basis Amount. The nominal value of the Collateral Obligations and Eligible Investments representing Principal Proceeds.
Retention Basis Amount means the nominal value of all Collateral Loans held by the Borrower from time to time. “Retention Holder Originated Collateral Loan” means (a) a Collateral Loan which the Equityholder, itself or through related entities (the Borrower being such a related entity so long as the Ownership Condition is satisfied in respect of it), directly or indirectly, was involved in the original agreement which created the obligations or potential obligations of the debtor or potential debtor giving rise to such Collateral Loan; or (b) a Collateral Loan which the Equityholder purchased on its own account before transferring it to the Borrower. “Revaluation Event” means, with respect to any Collateral Loan as of any date of determination, the occurrence of any one or more of the following events (any of which, for the avoidance of doubt, may occur more than once): (a) the Interest Coverage Ratio (Collateral) of the Obligor of such Collateral Loan for any Relevant Test Period (x) decreases by 20.0% or more from the Relevant Test Period immediately preceding the date on which the Collateral Loan was acquired by the Borrower and (y) is less than 1.40:1.00; (b) (x) solely to the extent the Senior Net Leverage Ratio of the Obligor of such Collateral Loan for the Relevant Test Period immediately preceding the date on which such Collateral Loan was acquired by the Borrower exceeds 3.00:1.00, the Senior Net Leverage Ratio of the related Obligor with respect to such Collateral Loan for any Relevant Test Period increases by 20.00%; and (y) the Senior Net Leverage Ratio of the related Obligor with respect to such Collateral Loan for any Relevant Test Period increases by 1.00:1.00, or more, in either case, from the ratio calculated on the date the Borrower acquired such Collateral Loan; (