Applicable Class B Advance Rate means 95%.
Applicable Class B Advance Rate has the meaning assigned to such term in the Class B Fee Letter.
Applicable Class B Advance Rate means 91%.
Examples of Applicable Class B Advance Rate in a sentence
Each Joinder Agreement shall also set forth any other applicable terms of the Class B Revolving Commitments being provided thereby, including without limitation the Applicable Class B Advance Rate (which shall be identical among all Class B Revolving Lenders), other than pricing terms described in a separate Fee Letter.
Each Joinder Agreement shall also set forth any other applicable terms of the Class B Commitments being provided thereby, including without limitation the Applicable Class B Advance Rate (which shall be identical among all Class B Lenders), other than pricing terms described in a separate Fee Letter.
More Definitions of Applicable Class B Advance Rate
Applicable Class B Advance Rate means 91%; provided, however, that, notwithstanding the foregoing, upon the occurrence of an SPV Event, the Applicable Class B Advance Rate shall be 81% until either (x) Company shall elect for such SPV Event to be treated as an Early Amortization Event as described in Appendix G, or (y) such SPV Event is cured.
Applicable Class B Advance Rate. “Class A Revolving Availability,” “Class B “Revolving Availability,” “Early Amortization Event” or “Early Amortization Period” or any definition used therein, or (y) waive the occurrence of the Early Amortization Start Date; provided, with the consent of Administrative Agent, Company and the Requisite Lenders, additional extensions of credit pursuant hereto may be included in the determination of “Requisite Lenders” or “Pro Rata Share” on substantially the same basis as the Revolving Commitments and the Revolving Loans are included on the Original Closing Date;
Applicable Class B Advance Rate has the meaning assigned to such term in the Class B Joinder Agreement.
Applicable Class B Advance Rate means: (i) seventy-five percent (75%), in respect of the Eligible Loan Assets which are Non-Prime Loan Assets and (ii) ninety-five percent (95%), in respect of all other Eligible Loan Assets.
Applicable Class B Advance Rate means the rate described in the Fee Letter between Company and such Class B
Applicable Class B Advance Rate. “Class A Availability,” “Class B Commitment,” “Class B “Availability” or any definition used therein; provided, with the consent of Administrative Agent, Company and the Requisite Lenders, additional extensions of credit pursuant hereto may be included in the determination of “Requisite Lenders” or “Pro Rata Share” on substantially the same basis as the Commitments and the Loans are included on the Closing Date;
Applicable Class B Advance Rate means: [***] “Applicable Law” means, with respect to any Person, property, transaction, event or other matter, any law, rule, statute, regulation, order, judgment, decree, treaty or other requirement having the force of law relating or applicable to such Person, property, transaction, event or other matter, including applicable general principles of common law, equity or civil law. “Asset Sale” has the meaning ascribed to such term in the Notes Indenture. “Assignment Agreement” means, in respect of any given Class, an assignment and assumption agreement substantially in the form of Exhibit Exhibit D, with such amendments or modifications as may be approved by the Facility Agent or the Class B Agent, as applicable.