Annualized Net Loss Ratio definition

Annualized Net Loss Ratio means, for any Collection Period, the fraction, expressed as a percentage, the numerator of which is the Annualized Net Loss for such Collection Period and the denominator of which is the aggregate Principal Balance of all Eligible Receivables (other than Defaulted Receivables) as of the first day of such Collection Period.

Annualized Net Loss Ratio means, as of any date of determination, ------------------------- the ratio (expressed as a percentage), computed by dividing "A" by "B", and then multiplying the result by "C" where:

Annualized Net Loss Ratio means, as of any date of determination, the ratio (expressed as a percentage), computed by dividing “A” by “B,” and then multiplying the result by “C” where: “A” is equal to the Monthly Net Losses for all Receivables held as Collateral which have occurred during six Settlement Periods immediately preceding such date divided by the average Aggregate Outstanding Balance of all Receivables held as Collateral during such six-month period;

Examples of Annualized Net Loss Ratio in a sentence

• Annualized Net Loss Ratio 0.00% 8.50% 0.10 ================ ================ ================ 5.

• Annualized Net Loss Ratio as a % of Beginning Pool Balance Annualized Net Loss Ratio - current Determination Date 3.1196032% Annualized Net Loss Ratio - preceding Determination Date 3.2039907% Annualized Net Loss Ratio - second preceding Determination Date 2.6685346% Average Annualized Net Loss Ratio: 2.9973762% ================= Page 8 (2000-2) 9 VIII.

• Annualized Net Loss Ratio 0.35% 8.50% 0.10 ---------------- ---------------- ---------------- 5.

• Annualized Net Loss Ratio 0.01% 8.50% 0.10 ================== ================== ================== 5.

• Annualized Net Loss Ratio as a % of Beginning Pool Balance Annualized Net Loss Ratio - current Determination Date 3.1373622% Annualized Net Loss Ratio - preceding Determination Date 3.1196032% Annualized Net Loss Ratio - second preceding Determination Date 3.2039907% Average Annualized Net Loss Ratio: 3.1536520% ================ Page 8 (2000-2) 9 VIII.

More Definitions of Annualized Net Loss Ratio

Annualized Net Loss Ratio means, with respect to any Tranche, the ratio of (x) the amount of all Annualized Net Losses with respect to such Tranche, to (y) the quotient of (i) the sum of the current Outstanding Tranche Collateral Balance and the Original Tranche Collateral Balance, divided by (ii) two (2).

Annualized Net Loss Ratio means, with respect to any Tranche, the ratio of (x) the amount of all Annualized Net Losses with respect to such Tranche, to (y) the quotient of (i) the sum of the current Outstanding Tranche Collateral Balance and the Original Tranche Collateral Balance, divided by (ii) two (2). Schedule A of the Existing Credit Agreement shall be amended and supplemented by adding the following defined term in appropriate alphabetical order:

Annualized Net Loss Ratio in Schedule A of the Existing Credit Agreement is hereby amended and restated in its entirety as follows:

Annualized Net Loss Ratio means, with respect to any Origination Pool, the ratio of (i) the amount of all Annualized Net Losses with respect to such Origination Pool, to (ii) a quotient the numerator of which is the sum of the current Outstanding Origination Pool Collateral Balance and the Original Origination Pool Principal Balance and the denominator of which is 2.

Annualized Net Loss Ratio means, as of any date of determination, the ratio (expressed as a percentage), computed by dividing "A" by "B", and then multiplying the result by "C" where:

Annualized Net Loss Ratio means, with respect to any Payment Date and the related Collection Period, the product of (i) 12 and (ii) the percentage equivalent of a fraction, (a) the numerator of which equals the aggregate Net Losses for such Collection Period and (b) the denominator of which equals the aggregate Principal Balance of all Receivables as of the related Determination Date.

Annualized Net Loss Ratio means, with respect to any Payment Date and the related Collection Period, the product of (i) [***]and (ii) the percentage equivalent of a fraction, (a) the numerator of which equals the aggregate Net Losses for such Collection Period (excluding Net