Average Dilution Ratio means for any calendar month the average of the Dilution Ratios for the 12 most recently ended calendar months.
Average Dilution Ratio means, as of any date of determination, the average of the Dilution Ratios calculated over the twelve preceding calendar months.
Average Dilution Ratio is defined in Annex X to the Agreement.
Examples of Average Dilution Ratio in a sentence
Three Month Average Dilution Ratio must be <= 1%* Confidential %* The term “Confidential” indicates material that has been omitted and for which confidential treatment has been requested.
Average Dilution Ratio Average Aged Receivable Ratio (Above 60 days) Average Delinquency Ratio (31-60 Days Past Due) The undersigned, an Officer of Vantico Group S.à.x.x., as Master Servicer, certifies that the information set forth above is true and correct and it has performed in all material respects all of its obligations as Servicer under the Servicing Agreements required to be performed as of the date hereof.
More Definitions of Average Dilution Ratio
Average Dilution Ratio means, as of any date of calculation, the average of the Dilution Ratios for the twelve most recent Accounting Periods.
Average Dilution Ratio. “Combined Reserve,” “Cross-Aged Obligor,” “Days’ Sales Outstanding,” “Default Ratio,” “Delinquency Ratio,” “Dilution,” “Dilution Horizon Factor,” “Dilution Ratio,” “Dilution Reserve Percentage,” “Dilution Spike,” “Dilution Volatility,” “Direct-Pay LC Reserve,” “Eligible Obligor,” “Eligible Receivable,” “Fee Reserve,” “Loss Ratio,” “Loss Horizon Factor,” “Loss Ratio,” “Loss Reserve Floor Percentage,” “Loss Reserve Percentage,” “Maximum Bond Rate,” “Outstanding Bond Balance,” “Servicing Fee Reserve Percentage,” “Special Concentration Limit,” “Stress Factor,” “Termination Event,” “Three Month Aged Receivables Ratio,” “Three Month Default Ratio,” “Three Month Delinquency Ratio,” “Three Month Dilution Ratio,” “Yield Reserve” or “Yield Reserve Percentage,” (H) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses, or (I) otherwise materially and adversely affect the rights of any such Purchaser hereunder. No failure on the part of the Purchasers or the Administrative Agent to exercise, and no delay in exercising any right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or the exercise of any other right.
Average Dilution Ratio means, as at any Determination Date and continuing until (but not including) the next Determination Date, the average of the Dilution Ratios for the twelve (12) consecutive Settlement Periods ending immediately prior to such Determination Date.
Average Dilution Ratio means, for any calendar month, the product of (i) the sum of (A) the Dilution Ratio for such calendar month plus (B) 50% of the Dilution Ratio for the immediately preceding calendar month multiplied by (ii) 0.
Average Dilution Ratio means, for any three consecutive Calculation Periods, a ratio equal to the sum of the Dilution Ratios shown on the Settlement Statement for each such Calculation Period divided by 3.
Average Dilution Ratio means, on any Calculation Date and in respect of an Agreed Currency, the fraction expressed as a percentage obtained by dividing (A) the aggregate Dilution Ratios in respect of such Agreed Currency on that Calculation Date and the preceding two Calculation Dates by (B) three;
Average Dilution Ratio means, on any Weekly Assessment Date, the fraction expressed as a percentage obtained by dividing (A) the aggregate Dilution Ratios on that Weekly Assessment Date and the preceding eleven Weekly Assessment Dates by (B) twelve;