Third Party Credit Exposure Limits. Limits that shall be satisfied if the Third Party Credit Exposure with counterparties having the ratings below from S&P do not exceed the percentage of the Collateral Principal Amount specified below: S&P’s credit rating of Selling Institution Aggregate Percentage Limit Individual Percentage Limit AAA 20 % 20 % AA+ 10 % 10 % AA 10 % 10 % AA- 10 % 10 % A+ 5 % 5 % A 5 % 5 % Below A 0 % 0 % provided that a Selling Institution having an S&P credit rating of “A” must also have a short-term S&P rating of “A-1” otherwise its “Aggregate Percentage Limit” and “Individual Percentage Limit” (each as shown above) shall be 0%.
Third Party Credit Exposure Limits means limits that shall be satisfied if the Third Party Credit Exposure with counterparties having the ratings below from S&P do not exceed the percentage of the Maximum Investment Amount specified below:
Third Party Credit Exposure Limits means the limits that shall be satisfied if the Third Party Credit Exposure of the counterparties included in the computation of "Third Party Credit Exposure" having the ratings below from S&P do not exceed the percentage of the Collateral Principal Amount specified below:
Examples of Third Party Credit Exposure Limits in a sentence
Target Return10 Tax17 14 Tax Advice 3639 Tax Event 3639 Tax Guidelines 3640 Tax Jurisdiction 3640 Tax Matters Holder 99 Tax Reserve Account 1714, 3640 Term Sheet 1 Test 2018 Tested Classes 3337Third Party Credit Exposure 40 Third Party Credit Exposure Limits 40 Trade Date 1517 Trading Plan 2628 Transaction Documents 3641 Transaction Parties 8785 Transaction Parties.
More Definitions of Third Party Credit Exposure Limits
Third Party Credit Exposure Limits. Limits that shall be satisfied if the Third Party Credit Exposure with counterparties having the ratings below from S&P do not exceed the percentage of the Collateral Principal Amount specified below: S&P’s credit rating of Selling Institution Aggregate Percentage Limit Individual Percentage Limit AAA 20% 20% AA+ 10% 10% AA 10% 10% AA- 10% 10% A+ 5% 5% A 5% 5% Below A 0% 0%
Third Party Credit Exposure Limits. Limits that are satisfied if the Third Party Credit Exposure with counterparties having the ratings below from S&P do not exceed the percentage of the Collateral Principal Amount specified below: S&P’s credit rating of Selling Institution Aggregate Percentage Limit Individual Percentage Limit AAA ............................................ 20% 20% AA+ ............................................. 10% 10% AA ............................................... 10% 10% AA- .............................................. 10% 10% A+ ................................................ 5% 5% A .................................................. 5% 5% A- or less ..................................... 0% 0% provided that a Selling Institution having an S&P issuer credit rating of “A” must also have a short- term S&P issuer credit rating of “A-1” otherwise its Aggregate Percentage Limit and Individual Percentage Limit will be 0%. “Trading Plan”: The meaning specified in Section 1.2(i). “Trading Plan Period”: The meaning specified in Section 1.2(i). “Transaction Documents”: This Indenture, the Account Agreement, the Collateral Management Agreement, the Collateral Administration Agreement, each Hedge Agreement, the AML Services Agreement and the Administration Agreement.
Third Party Credit Exposure Limits. Limits that shall be satisfied if the Third Party Credit Exposure with counterparties having the ratings below from S&P do not exceed the percentage of the Collateral Principal Amount specified below:
Third Party Credit Exposure Limits. Limits that shall be satisfied if the Third Party Credit Exposure with counterparties having the ratings below from S&P do not exceed the percentage of the Collateral Principal Amount specified below: S&P's credit rating of Selling Institution Aggregate Percentage Limit Individual Percentage Limit AAA 20% 20% AA+ 10% 10% AA 10% 10% AA- 10% 10% A+ 5% 5% A 5% 5% A- or below 0% 0% provided that a Selling Institution having an S&P credit rating of "A" must also have a short-term S&P rating of "A-1" otherwise its "Aggregate Percentage Limit" and "Individual Percentage Limit" (each as shown above) shall be 0%. "Trading Plan": The meaning specified in Section 1.3(p) (Assumptions as to Assets). "Trading Plan Period": The meaning specified in Section 1.3(p) (Assumptions as to Assets). "Trading Gains": In respect of any Collateral Obligation which is repaid, prepaid, redeemed or sold, any excess of (a) the Principal Proceeds or Sale Proceeds received in respect thereof over (b) the Principal Balance thereof (where for such purpose "Principal Balance" shall be determined as set out in the definition of "Retention Basis Amount"), in each case net of (i) any expenses incurred in connection with any repayment, prepayment, redemption or sale thereof, and (ii) in the case of a sale of such Collateral Obligation, any interest accrued but not paid thereon which has not been capitalized as principal and included in the sale price thereof. "Transaction Documents": This Indenture, the Class A-1 Credit Agreements, the Collateral Management Agreement, the Collateral Administration Agreement, the Securities Account Control Agreement, the Refinancing Purchase Agreement, the Loan Sale Agreement and the Administration Agreement.
Third Party Credit Exposure Limits. Limits that shall be satisfied if the Third Party Credit Exposure with counterparties having the ratings below from S&P do not exceed the percentage of the Collateral Principal Amount specified below: S&P's credit rating of Selling Institution Aggregate Percentage Limit Individual Percentage Limit AAA 20% 20% AA+ 10% 10% AA 10% 10% AA- 10% 10% A+ 5% 5% A 5% 5% below A 0% 0% provided that (x) a Selling Institution having an S&P credit rating of "A" must also have a short-term S&P rating of "A‑1" otherwise its Aggregate Percentage Limit and Individual Percentage Limit shall be 0% and (y) the Third Party Credit Exposure Limits shall not apply to any Collateral Obligation acquired in the form of a Participation Interest from the Affiliated Transferors. S&P Recovery Rate Tables For purposes of this Schedule 6: "Group A" means Australia, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Japan, Luxembourg, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States.
Third Party Credit Exposure Limits. Limits that shall be satisfied if the Third Party Credit Exposure with counterparties having the ratings below from S&P do not exceed the percentage of the Collateral Principal Amount specified below: S&P’s credit rating of Selling Institution Aggregate Percentage Limit Individual Percentage Limit AAA 20% 20% AA+ 10% 10% AA 10% 10% AA- 10% 10% A+ 5% 5% A 5% 5% Below A 0% 0% provided that a Selling Institution having an S&P credit rating of “A” must also have a short-term S&P rating of “A-1” otherwise its Aggregate Percentage Limit (as indicated in the table above) and Individual Percentage Limit (as indicated in the table above) shall be 0%. “Trading Plan”: The meaning specified in Section 12.2(b). “Trading Plan Period”: The meaning specified in Section 12.2(b). “Transaction Documents”: This Indenture, the Class A-L Loan Agreements, the Collateral Management Agreement, the Collateral Administration Agreement, the Master Transfer Agreement, the EU/UK Retention Agreement, the Securities Account Control Agreement and the Placement Agreement. “Transfer”: The meaning specified in Section 7.17(g)(ii). “Transfer Agent”: The Person or Persons, which may be the Issuer, authorized by the Issuer to exchange or register the transfer of Debt. “Transparency Reports”: The meaning specified in Section 10.9(a). “Transparency Requirements”: The European Transparency Requirements and/or the UK Transparency Requirements.
Third Party Credit Exposure Limits. The limits that will be satisfied if the Third Party Credit Exposure with counterparties having the ratings below from S&P do not exceed the percentage of the Collateral Principal Amount specified below: S&P’s credit rating of Selling Institution Aggregate Percentage Limit Individual Percentage Limit AAA 20% 20% AA+ 10% 10% AA 10% 10% AA‑ 10% 10% A+ 5% 5% A 5% 5% A‑ or below 0% 0% provided that a Selling Institution having an S&P credit rating of “A” must also have a short‑term S&P Rating of “A‑1”, otherwise its Aggregate Percentage Limit and Individual Percentage Limit shall be 0%.