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 Mxxxx’x Diversity Test, the Maximum Mxxxx’x Weighted Average Rating Factor Test and the Minimum Weighted Average Spread Test, as set forth in Section 7.18(g). Minimum Weighted Average Spread Minimum Diversity Score 4.00 % 2600 2700 2780 2830 2900 4.25 % 2660 2780 2857 2907 2975 4.50 % 2720 2860 2934 2984 3050 4.75 % 2780 2950 3011 3061 3125 5.00 % 2840 3030 3088 3138 3200 5.25 % 2900 3110 3165 3215 3275 5.50 % 2960 3190 3242 3292 3350 5.75 % 3020 3270 3319 3369 3425 6.00 % 3080 3350 3396 3446 3500 6.25 % 3140 3430 3473 3523 3575 6.50 % 3200 3500 3550 3600 3650 Weighted Average Mxxxx’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 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 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 Weighted Minimum Diversity Score Average Spread 40 45 50 55 60 65 70 75 80 85 90 95 100 2.10% 1710 1733 1752 0000 0000 0000 1812 1822 1832 1837 1843 1851 1857 2.20% 1805 1830 1846 1864 1880 1890 1901 1913 1920 1927 1933 1939 1945 2.30% 0000 0000 0000 1940 1950 1964 1982 1997 2009 2013 2018 2029 2038 2.40% 1969 1983 2020 0000 0000 0000 2076 2085 2093 2101 2106 2115 2130 2.50% 2037 2071 2101 2114 2129 2146 2155 2166 2174 2188 2206 2211 2217 2.60% 2078 2138 2181 2206 2222 2233 2245 2259 2266 2273 2287 2296 2303 2.70% 2126 2176 2228 2269 2291 2304 0000 0000 0000 2362 2380 2390 2396 2.80% 2162 2221 2271 2309 2350 2378 2399 2417 2433 2448 2461 2472 2482 2.90% 0000 0000 0000 0000 2390 2426 2453 2473 2488 2503 2516 2528 2540 3.00% 2248 2304 2356 0000 0000 0000 2497 2523 2544 2559 2573 2585 2595 3.10% 2290 2347 2396 0000 0000 0000 2539 2566 2589 2611 2628 2641 2653 3.20% 2325 2390 2437 2479 2520 2550 2582 2608 2632 2653 2673 2691 2707 3.30% 2370 2425 2480 2521 2559 2594 2622 2650 2673 2695 2715 2733 2750 3.40% 2410 2466 2518 2564 2600 2633 2664 2689 2714 2737 2756 2775 2793 3.50% 2445 2512 2559 0000 0000 0000 2704 2731 2756 0000 0000 0000 2833 3.60% 2483 2545 2599 0000 0000 0000 2745 2771 2796 2819 2840 2857 2875
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 Xxxxx’x Rating Factor Test and the Minimum Moody’s Floating Spread Test, as set forth in Section 7.18(g). Minimum Weighted Average Spread Minimum Diversity Score 29 32 35 38 41 44 47 50 53 3.80% 2640 2690 2735 2780 2820 2860 2890 2910 2925
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
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% 1574 1592 1610 1624 1636 1647 1657 1665 1673 1681 2.65% 1726 1746 1764 1780 1792 1804 1815 1824 1833 1839