Applicable Collateral Percentage with respect to any Firm Collateral or Special Firm Collateral, has the meaning set forth in the books and records of the Partnership with respect thereto.
Applicable Collateral Percentage means:
Applicable Collateral Percentage means (i) for the first 120 days following the date such Eligible Mortgage Loan first becomes subject to the terms of this Agreement, with respect to each Advance:
Examples of Applicable Collateral Percentage in a sentence
The Borrower and the Lender have agreed, subject to the terms and conditions of this Amendment, that the Existing Loan Agreement be amended to reflect certain agreed upon revisions to the terms of the Existing Loan Agreement relating to the "Applicable Collateral Percentage".
The Borrowers, the Lenders and the Agent have agreed, subject to the terms and conditions hereof, that the Existing Loan Agreement shall be amended to extend the termination date and revise the definitions of Applicable Collateral Percentage and Applicable Margin.
More Definitions of Applicable Collateral Percentage
Applicable Collateral Percentage means, with respect to each Eligible Mortgage Loan, the applicable collateral percentage set forth in the chart below opposite the applicable type of Mortgage Loan: -------------------------------------------------------------- Applicable Collateral Type of Mortgage Loan Percentage -------------------------------------------------------------- Agency Eligible Mortgage Loan 97% -------------------------------------------------------------- Alternate `A' Mortgage Loan 96% -------------------------------------------------------------- Conduit Eligible Mortgage Loan 97% --------------------------------------------------------------
Applicable Collateral Percentage means with respect to each Advance:
Applicable Collateral Percentage means fifty percent (50%).
Applicable Collateral Percentage means, with respect to an Eligible Mortgage Loan,
Applicable Collateral Percentage means (a) with respect to all Eligible Mortgage Loans that can be readily deposited in a Standard Securitization Transaction, 85% to 88%, as determined by the Lender and (b) with respect to all Eligible Mortgage Loans that are not readily deposited in a Standard Securitization Transaction, as determined by the Lender on a case-by-case basis.
Applicable Collateral Percentage means, with respect to all Eligible Mortgage Loans (other than Delinquent Mortgage Loans), 97%; with respect to all Eligible Bonds, 60%; with respect to the Pledged Stock, 60%; with respect to Thirty-Day Delinquent Mortgage Loans, 90%; with respect to Sixty-Day Delinquent Mortgage Loans, 85%; and with respect to Participation Certificates, 97% multiplied by the Ownership Percentage.
Applicable Collateral Percentage means, with respect to each Eligible Mortgage Loan, the applicable collateral percentage set forth in the chart below opposite the applicable product type: