Required Collateral Amount
Required Collateral Amount. Means Collateral having a value equal to the greater of (i) one hundred fifty million dollars ($150,000,000), less the amount of any Capital Contributions made by the Support Provider as a result of a Contribution Event, or (ii) the amount by which the Amortized Cost Value of the Covered Investments exceeds 90% of the then-current market value of the Covered Investments as determined by the Fund for purposes of calculating the Fund's net asset value per share.
Found in
SEI Investments Corp contract
Required Collateral Amount. Means Collateral having a value equal to the Maximum Contribution Amount.
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Found in
SEI Investments Corp contract