Securitization Rate definition

Securitization Rate means, with respect to a 2016-A Lease, an annualized rate that is equal to 7.00%.
Securitization Rate means, with respect to any Included Unit, [ ]%.
Securitization Rate means, with respect to a 2023-1 Lease, an annualized rate that is the greater of (a) the Lease Rate for that 2023-1 Lease and (b) the Discount Rate.

Examples of Securitization Rate in a sentence

  • Distribution of the Leased Vehicles by Vehicle Model as of the Actual Cutoff Date As of the Actual Cutoff Date, the composition of the leased vehicles by vehicle model was as follows: Vehicle Model Number of Leases Percentage of Numberof Leases(1) Securitization Value(2) (1) Percentages may not add to total due to rounding.(2) Based on the greater of the Securitization Rate and the Lease Rate.

  • The Company stated that the correct net lag factor was the10.03 days as provided in the supporting schedules (Tr. 3, at 555-556).General Brief at 49-50).42 In support of her position, the Attorney General contends that the Company‖s Securitization Rate Reduction Bond Payment accounts for approximately$19.2 million of the estimated $21.8 million in total transition costs incurred during 2010 (Exh.

  • Based on the greater of the Securitization Rate and the Lease Rate.* Represents a value that is greater than zero (0.00%) but less than 0.005%.

  • Based on the greater of the Securitization Rate and the Lease Rate.

  • According to their normal billing and collection procedures, AE DISCO and ANCA shall bill and collect the approved amounts of the Securitization Rate Riders.


More Definitions of Securitization Rate

Securitization Rate means, for any 2021-A Lease and the related 2021-A Vehicle, the greater of (i) the Contract Rate set forth in the related lease agreement and (ii) 6.60%.
Securitization Rate means, with respect to a 20[__]-[__] Lease, an annualized rate that is the greater of (a) the Lease Rate for that 20[__]-[__] Lease and (b) the Discount Rate.
Securitization Rate means, for any 201[__]-[__] Lease and the related 201[__]-[__] Vehicle, the greater of (i) the Contract Rate set forth in the related lease agreement and (ii) ____%.
Securitization Rate means, with respect to a 1999-A Lease, an annualized rate that is calculated as the sum of (i) the weighted average interest rate on the Securities on the Closing Date, (ii) the Administration Fee and (iii) 0.50%.
Securitization Rate means, with respect to any Included Unit, 12.00%.
Securitization Rate means, with respect to a 2019-B Lease, an annualized rate that is equal to 7.00%.
Securitization Rate means [____]%.