Advance Rate Adjustment definition

Advance Rate Adjustment means, with respect to any Aircraft, an adjustment to the Base Advance Rates for an Aircraft of that Type, attributable to an Aircraft Age Advance Rate Adjustment, Aircraft Type Concentration Advance Rate Adjustment, Xxxxxxxx Xxxx Advance Rate Adjustment, Lessee Diversity Score Advance Rate Adjustment, or Weighted Average Portfolio Age Advance Rate Adjustment. Such Advance Rate Adjustments will apply to the determination of the applicable Advance Rates against Adjusted Borrowing Value, and be redetermined with all applicable adjustments being given current effect, as of each Payment Date or any other date as of which a Borrowing Base is being determined, except as contemplated in the last sentence of the definition of Aircraft Age Advance Rate Adjustment herein. All applicable Advance Rate Adjustments as of any particular date of determination will apply on a cumulative basis to reduce the otherwise applicable Base Advance Rate.
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Advance Rate Adjustment means, with respect to any Aircraft, an adjustment to the Base Advance Rates for an Aircraft of that Type, attributable to a Xxxxxxxx Xxxx Advance Rate Adjustment, Lessee Diversity Score Advance Rate Adjustment, Deferral Advance Rate Adjustment or Portfolio Test Advance Rate Adjustment. Such Advance Rate Adjustments will apply to the determination of the applicable Advance Rates against Adjusted Borrowing Value, and be re-determined with all applicable adjustments being given current effect, as of each Payment Date or any other date as of which a Borrowing Base is being determined. All applicable Advance Rate Adjustments as of any particular date of determination will apply on a cumulative basis to reduce (or restore, if applicable) the otherwise applicable Base Advance Rate.
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Advance Rate Adjustment means, on any date of determination, the applicable percentage set forth in the following table based on the Excess Spread for the immediately preceding Due Period; provided that the Advance Rate Adjustment shall be 0% for the initial Due Period following the Amendment Closing Date and for each Due Period after each Takeout Financing until the occurrence of a Borrowing:
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Examples of Advance Rate Adjustment in a sentence

  • The Borrower shall have the right to terminate a Hedging Period and reinstate the Excess Spread Advance Rate Adjustment by giving notice of such election to the Deal Agent.

  • Xxxxxxxx Xxxx or other conditions shall exist, with the result that availability of the Borrowing Base has increased due to a Xxxxxxxx Xxxx Advance Rate Adjustment or other change in an Advance Rate Adjustment.

  • Permit the Colonial Contracts Advance Rate Adjustment Percent to exceed 40% for any 2 consecutive 1-month periods.

  • Not permit the Colonial Contracts Advance Rate Adjustment Percentage to be greater than 42.0% for any three (3) consecutive months.

  • In pre-war years, there had been a lot of tensions and international rivalries, and it actually only needed a motive for a final conflict.


More Definitions of Advance Rate Adjustment

Advance Rate Adjustment means, as of any date of determination, the positive difference if any, equal to 95% minus the Ultimates Verification Ratio on such date.
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Advance Rate Adjustment means, as of any date of determination, the product of (a) 1.5 and (b) the excess, if any, of (i) the Base Rate for the Interest Period relating to the immediately preceding Payment Date (or, with respect to the determination of the Advance Rate Adjustment on any Payment Date, such Payment Date), over (ii) the sum of (x) the Net Yield for the Settlement Period related to the Payment Date referred to in clause (i) and (y) 1.5%.
Sample 1

Related to Advance Rate Adjustment

  • Interest Rate Adjustment Date With respect to each Adjustable Rate Mortgage Loan, the date, specified in the related Mortgage Note and the related Mortgage Loan Schedule, on which the Mortgage Interest Rate is adjusted.

  • LIBOR Rate Adjustment Date With respect to each Distribution Date, the second LIBOR Business Day immediately preceding the commencement of the related Interest Accrual Period.

  • Rate Adjustment Date With respect to each ARM Loan, the date on which the Note Rate adjusts.

  • Interest Rate Adjustment Event means the occurrence of any of the following:

  • Advance Rates shall have the meaning set forth in Section 2.1(a) hereof.

  • Advance Rate has the meaning assigned to such term in Section 5.13.

  • Maximum Advance Rate means 80.0%.

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • Central Bank Rate Adjustment has the meaning given to that term in the Reference Rate Terms.

  • Applicable Advance Rate For each Collateral Obligation and for the applicable number of Business Days between the certification date for a sale or participation required by Section 9.4 and the expected date of such sale or participation, the percentage specified below: Senior Secured Loans with a Market Value of: 90% or more of par 100 % 93 % 92 % 88 % Below 90% of par 100 % 80 % 73 % 60 % Other Collateral Obligations with a Xxxxx’x Rating of at least “B3” and a Market Value of 90% or more of par 100 % 89 % 85 % 75 % All other Collateral Obligations 100 % 75 % 65 % 45 %

  • Substitute Reference Rate of Interest Adjustments means such adjustments as are determined by the Issuer to be consistent with enabling the correct functioning of the Substitute Reference Rate of Interest (which may include, without limitation, adjustments to the applicable screen page, Business Day Convention, the definition of Business Day, the Interest Determination Date, the Day Count Fraction or any method or definition for obtaining or calculating the Substitute Reference Rate of Interest).

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • LIBOR Adjustment Date With respect to any Payment Date, the second business day before the related Accrual Period begins. For this purpose, a “business day” is a day on which banks are open for dealing in foreign currency and exchange in London, New York City and Washington, D.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • Eurodollar Rate (Reserve Adjusted) means, with respect to any Eurodollar Loan for any Interest Period, a rate per annum (rounded upwards, if necessary, to the nearest 1/16th of 1%) determined pursuant to the following formula: Eurodollar Rate = Eurodollar Rate (Reserve Adjusted) 1-Eurocurrency Reserve Percentage.

  • Lot line adjustment means the relocation of the property boundary line in a

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • LIBO Rate (Reserve Adjusted) means, relative to any Loan to be made, continued or maintained as, or converted into, a LIBO Rate Loan for any Interest Period, a rate per annum (rounded upwards, if necessary, to the nearest 1/16 of 1%) determined pursuant to the following formula:

  • Reference Rate Advance means an Advance which bears interest as provided in Section 2.09(a).

  • Reference Interest Rate Replacement Adjustment means the first alternative set forth in the order below that can be determined by the Issuer or its designee as of the Reference Interest Rate Replacement Date:

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • Spread Adjustment means 100 basis points.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Replacement Reference Rate means a reference rate which is: