Asset Quality Matrix definition

Asset Quality Matrix means the following chart used to determine which of the "row/column combinations" (or the linear interpolation between two adjacent rows and/or two adjacent columns) are applicable for purposes of determining compliance with the Moody's Diversity Test, the Maximum Moody's Rating Factor Test and the Minimum Floating Spread Test:

Asset Quality Matrix. The following chart used to determine which of the “row/column combinations” are applicable for purposes of determining compliance with the Xxxxx’x Diversity Test, the Maximum Xxxxx’x Rating Factor Test and the Minimum Xxxxx’x Floating Spread Test, as set forth in Section 7.18(g). Minimum Weighted Average Minimum Diversity Score Spread 29 32 35 38 41 44 47 50 53 3.75% 2785 2835 2880 2920 2955 2975 2995 3010 3020 3.85% 2845 2895 2940 2980 3015 3035 3055 3070 3080 3.95% 2905 2955 3000 3040 3075 3095 3115 3130 3145 4.05% 2960 3010 3055 3100 3140 3170 3200 3220 3240 4.15% 2995 3055 3105 3150 3195 3235 3265 3285 3305 4.25% 3045 3105 3155 3200 3245 3285 3315 3335 3355 4.35% 3085 3145 3195 3240 3285 3325 3355 3375 3395 4.45% 3125 3185 3235 3280 3325 3365 3395 3415 3435 4.55% 3165 3225 3275 3320 3365 3405 3435 3455 3475 4.65% 3205 3265 3315 3360 3405 3445 3475 3505 3525 4.75% 3245 3305 3355 3400 3445 3485 3515 3545 3565 4.85% 3285 3345 3395 3440 3485 3525 3555 3585 3605 4.95% 3325 3385 3435 3480 3525 3565 3595 3625 3645 5.05% 3360 3420 3470 3515 3560 3600 3630 3660 3680 5.15% 3390 3450 3500 3545 3590 3630 3665 3700 3725 5.25% 3420 3480 3530 3575 3620 3660 3695 3730 3755 5.35% 3450 3510 3560 3605 3650 3690 3725 3760 3785 5.45% 3480 3540 3590 3635 3680 3720 3755 3790 3815 5.55% 3510 3570 3620 3665 3710 3750 3785 3820 3845 5.65% 3520 3590 3650 3695 3740 3780 3820 3855 3880 5.75% 3550 3620 3680 3725 3770 3810 3850 3885 3910 5.85% 3580 3650 3710 3755 3800 3840 3880 3915 3940 5.95% 3610 3680 3740 3785 3830 3870 3910 3945 3970 Maximum Weighted Average Xxxxx’x Rating Factor

Asset Quality Matrix means the following chart used to determine which of the “row/column combinations” are applicable for purposes of determining compliance with the Moody’s Diversity Test, the Maximum Moody’s Rating Factor Test and the Minimum Floating Spread Test:

Examples of Asset Quality Matrix in a sentence

• On or prior to the Closing Date, the Collateral Manager shall determine which "row/column combination" of the Asset Quality Matrix shall apply on and after the Closing Date to the Collateral Obligations for purposes of determining compliance with the Diversity Test, the Maximum Moody's Rating Factor Test and the Minimum Floating Spread Test.

• If the Collateral Manager does not notify the Trustee the Collateral Administrator that it will alter the Asset Quality Matrix Combination applicable as of the endment Date in the manner set forth above, the Asset Quality Matrix Combination applicable as of theendment Date shall continue to apply.

• Notwithstanding the foregoing, the Collateral Manager may elect at any time on or after the Closing Date, in lieu of selecting a "row/column combination" of the Asset Quality Matrix (but otherwise in compliance with the requirements of the first sentence of this Section 7.17(e)) to interpolate between two adjacent rows and/or two adjacent columns, as applicable, on a straight line basis and round the results to two decimal points.

• Maximum Moody's Rating Factor Test: A test that will be satisfied on any date of determination if the Adjusted Weighted Average Moody's Rating Factor of the Collateral Obligations is less than or equal to the lesser of (a) 3200 and (b) the sum of(i) the number set forth in the Asset Quality Matrix at the intersection of the applicable Matrix Combination plus (ii) the Moody's Weighted Average Recovery Adjustment.

• If the Collateral Manager does not notify the Trustee and the Collateral Administrator that it will alter the “row/column combination” of the Asset Quality Matrix chosen on the Closing Date in the manner set forth above, the “row/column combination” of the Asset Quality Matrix chosen on the Closing Date shall continue to apply.

More Definitions of Asset Quality Matrix

Asset Quality Matrix. The following chart used to determine which of the “row/column combinations” are applicable for purposes of determining compliance with the Moody’s Diversity Test, the Maximum Moody’s Weighted Average Rating Factor Test and the Minimum Weighted Average Spread Test, as set forth in Section 7.18(a): Minimum Weighted Minimum Diversity Score Average Spread 30 35 40 45 50 3.50% 2522 2678 2815 2917 3005 3.75% 2575 2741 2878 2983 3069 4.00% 2629 2795 2942 3047 3122 4.25% 2688 2854 2995 3098 3161 4.50% 2746 2927 3050 3132 3186 4.75% 2800 2978 3069 3147 3210 5.00% 2859 3005 3083 3166 3235 5.25% 2912 3015 3108 3191 3259 5.50% 2951 3049 3137 3215 3279 Weighted Average Xxxxx’x Rating Factor

Asset Quality Matrix. The chart set forth on Schedule VII used to determine which of the row/column combinations are applicable for purposes of determining the Minimum Diversity Score Test, the Maximum Weighted Average Rating Factor Test and the Minimum Weighted Average Spread Test.

Asset Quality Matrix. The following chart used to determine which of the “row/column combinations” are applicable for purposes of determining compliance with the Xxxxx’x Diversity Test, the Maximum Xxxxx’x Rating Factor Test and the Minimum Floating Spread Test, as set forth in Section 7.18(g). Minimum Weighted Average Spread Minimum Diversity Score 25 28 31 34 37 40 4.00% 2955 3070 3155 3240 3330 3380 4.10% 0000 0000 0000 3265 3355 3405 4.20% 3020 3120 3205 3295 3380 3430 4.30% 3045 3155 3230 3325 3405 3465 4.40% 3060 3170 3270 3355 3430 3485 4.50% 3080 3190 3300 0000 0000 0000 4.60% 3105 3230 3325 3400 3485 3540 4.70% 3130 3245 3350 3425 3510 3570 4.80% 3155 3280 3370 3455 3535 3595 4.90% 3180 3305 3390 3480 3560 3635 5.00% 3205 3330 3415 3505 3585 3665 5.10% 3235 3350 3440 3530 3610 3690 5.20% 3265 3375 3470 3560 3640 3710 5.30% 3295 3395 3505 3590 3670 3730 5.40% 3325 3415 3535 0000 0000 0000 5.50% 3355 3430 3560 0000 0000 0000 5.60% 3380 3450 3580 3670 3750 3820 5.70% 3400 3475 3600 0000 0000 0000 5.80% 3420 3495 3620 3720 3790 3870 5.90% 3440 3515 3640 0000 0000 0000 Minimum Weighted Average Spread Minimum Diversity Score 25 28 31 34 37 40 6.00% 3460 3535 3660 3760 3830 3910 6.10% 3480 3555 3680 3780 3850 3930 6.20% 3500 3575 3700 3800 3870 3950 6.30% 0000 0000 0000 3820 3890 3970 Weighted Average Xxxxx’x Rating Factor

Asset Quality Matrix means the following matrix (or such other matrix as may be provided by the Investment Manager with a copy to the Collateral Administrator, subject to satisfaction of the Moody's Rating Condition) used to determine which matrix case is applicable for purposes of determining compliance with the applicable Portfolio Quality Tests:

Asset Quality Matrix. The applicable matrix set forth below. Minimum Weighted Average Spread Moody’s Maximum Tranched Rating Factor Fitch Poolwide Expected Loss 1. 1.80% 3400 38.75% 2. 2.40% 3650 41.80% 3. 3.00% 3900 44.25% 4. 3.95% 4150 47.75% 5. 4.90% 4400 51.05%

Asset Quality Matrix. The following chart (or any other replacement chart (or portion thereof) satisfying the Xxxxx’x Rating Condition) used to determine which of the “row/column combinations” (or the linear interpolation between two adjacent rows and/or two adjacent columns, as applicable) are applicable for purposes of determining compliance with the Xxxxx’x Diversity Test, the Maximum Xxxxx’x Rating Factor Test, the Xxxxx’x Matrix Test and the Minimum Floating Spread Test, as set forth in Section 7.18(g). Minimum Weighted Average Spread Minimum Diversity Score 30 35 40 45 50 55 60 65 70 75 80 85 90 2.25% N/A 2701 2706 2990 3260 3312 3365 3403 3442 3474 3506 3534 3563 2.35% N/A 2703 2708 3017 3288 3339 3391 3430 3470 3503 3536 3564 3592 2.45% N/A 2705 2710 3045 3317 3367 3418 3458 3498 3532 3567 3594 3622 2.55% N/A 2707 2712 3070 3342 3393 3445 3486 3527 3561 3596 3623 3650 2.65% N/A 2709 2714 3096 3368 3420 3472 3514 3556 3590 3625 3652 3679 2.75% N/A 2711 2716 3121 3392 3445 3497 3539 3582 3616 3651 3678 3706

Asset Quality Matrix. The following chart is used to determine which of the "row/column combinations" (or the linear interpolation between two adjacent rows and/or two adjacent columns, as applicable) are applicable for purposes of determining compliance with the Moody's Diversity Test, the Maximum Xxxxx'x Rating Factor Test and the Minimum Floating Spread Test, as set forth in Section 7.17(e). Minimum Diversity Score Minimum Weighted Average Spread 45 50 55 60 65 70 75 80 85 90 2.45% 1798 1822 1843 1862 1870 1882 1896 1904 1912 1916 2.55% 1896 1920 1925 1931 1950 1967 1980 1988 1993 1998 2.65% 1982 1999 2027 2032 2041 2053 2063 2077 2088 2094 2.75% 2051 2078 2101 2106 2120 2143 2151 2159 2164 2171 2.85% 2130 2147 2165 2184 2199 2204 2215 2228 2238 2244 2.95% 2170 2214 2219 2241 2260 2272 2276 2290 2295 2299 3.05% 2208 2251 2285 2320 2332 2361 0000 0000 0000 2390 3.15% 0000 0000 0000 2365 2387 2408 2426 2442 2455 2464