Aggregate Advance Rate definition

Aggregate Advance Rate means a percentage no greater than [***]%.
Aggregate Advance Rate means, on any date (a) occurring prior to the October 2020 Amendment Effective Date, 59.5%; and
Aggregate Advance Rate. (i) Until the end of the Prefunding Period, 74.00%, (ii) following the end of the Prefunding Period, up to and including the Reinvestment Period End Date, the percentage set forth in the following table, based on the number of Obligors and (iii) at any time after the Reinvestment Period End Date, the Aggregate Advance Rate achieved on the Reinvestment Period End Date, taking into account any traded but unsettled positions. For purposes of determining the obligor count for the above table, the proceeds received upon the sale or other disposition of a Collateral Obligation or the final repayment of a Collateral Obligation shall be deemed to constitute an Obligor until all or a portion of such proceeds are reinvested in an Additional Collateral Obligation or applied to pay interest or repay principal to the holders of the Notes.

Examples of Aggregate Advance Rate in a sentence

  • Prompt notification by the Investigator to the Sponsor of serious adverse events is essential so that legal obligations and ethical responsibilities toward the safety of subjects and the safety of a study treatment under clinical investigation are met.


More Definitions of Aggregate Advance Rate

Aggregate Advance Rate. (a) From the Refinancing Date, up to and including the Reinvestment Period End Date, the percentage set forth in the following table, based on the number of Obligors and (b) with respect to any date of determination following the last day of the Reinvestment Period, the Aggregate Advance Rate determined pursuant to clause (a) above on the last day of the Reinvestment Period, taking into account for this purpose any Collateral Obligations that the Issuer has entered into a binding commitment to originate or purchase but that had not settled by the last day of the Reinvestment Period: For purposes of determining the obligor count for the above table, the proceeds received upon the sale or other disposition of a Collateral Obligation or the final repayment of a Collateral Obligation shall be deemed to constitute an Obligor until all or a portion of such proceeds are reinvested in an Additional Collateral Obligation or applied to pay interest or repay principal to the holders of the Notes.
Aggregate Advance Rate has the meaning set forth in the Pricing Side Letter.
Aggregate Advance Rate means 70%.
Aggregate Advance Rate means [***]%.
Aggregate Advance Rate means, on any date

Related to Aggregate Advance Rate

  • 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 %

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Loan Assets included in the Aggregate Adjusted Borrowing Value, the number obtained by (a) summing the products obtained by multiplying (i) the Advance Rate of each Eligible Loan Asset by (ii) such Eligible Loan Asset's contribution to the Aggregate Adjusted Borrowing Value and dividing (b) such sum by the Aggregate Adjusted Borrowing Value.

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

  • Base Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(i).

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.